Managing Financial Stress

Welcome to the live stream of the Managing Post COVID-19 Financial Stress in Higher Education online seminar.

LIVE STREAM AVAILABLE FROM 09:45, THURSDAY 18TH JUNE 2O2O:

 

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Live Stream Schedule:

09.45                Chair’s introduction
Neil Stewart, Editorial Director, The Education Studio

10.00                Facing up to the university challenge
Rt Hon Charles Clarke
, Co-author, The University Challenge; former Education Secretary

10.20                Signs of Stress
Julie Mercer
Partner, Cairneagle Associates, LLP

  • What to watch out for and act on
  • Who is watching – reporting requirements?
  • The history of failures and miscalculations
  • Defining sustainability

10.40                Preparations for restructuring
Glynne Stanfield, Partner and Head of Governance, International Education Practice, Eversheds Sutherland

  • Having student dispersal plans in order
  • Order of creditors – students and debentures first?
  • Staff and suppliers – TUPE and staff issues
  • What is protected in law and legislation?
  • Executive accountability

11.00                Panel discussion

11.15                Comfort and Refreshment break

11.30               Panel discussion: Restructuring, mergers, avoiding failure, online futures
Rt Hon Charles Clarke
, Co-author, The University Challenge; former Education Secretary
Lord Roger Liddle
, Chair of Council, Lancaster University
Professor Andy Westwood
, Vice Dean, University of Manchester
Glynne Stanfield
, Partner and Head of Governance, International Education Practice, Eversheds Sutherland
Julie Mercer
, Partner, Cairneagle Associates, LLP

  • Anatomy of failure
  • Where it starts and how it might start
  • The trigger
  • How to avoid failure
  • How decision-making changes are taken
  • Who is in charge?
  • What roles come into play?

12.00                Panel discussion: Accountability 

  • Hindsight on strategy
  • What preparation protects students?
  • Preserving sector value and reputation
  • Responses to government incentives and policy
  • Meeting expectations of financial management
  • Meeting expectations of university leadership
  • Meeting expectation of local and regional impact
  • Understanding personal liabilities and risk
  • Comprehending market failure or management failure

12.30                Close of conference

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