@the_ift@LendingStdBrd Plenty of practical and constructive tips, highlighting the importance of engaging the right help from turnaround professionals early enough in the stress cycle, to ensure struggling businesses can halt their decline and return to a sound financial footing.
Great to have co-hosted the IFT’s HE webinar this morning. Thanks to Andrew Jordan & Mark Taylor at Eversheds for an informative & useful session. This included insight into the new HE restructuring regime and highlighted some of the many challenges the sector is facing.
@FRP_Advisory Useful summary highlighting the importance of early action. Scenario planning and strong cash management will be key to successfully navigating through the uncertainties ahead.
@ESeducationlaw A good read. It will be key for both HE and FE institutions to drive through operational changes, but importantly to be alert to the financial implications and the need to scenario plan. Simply trying to get back to how things used to be won’t be sufficient to thrive long term.
A hot morning but our Sports and UPS team have done amazing work supporting our community. Great job Team ECC! @GYMercury@greatyarmouthbc@EastSuffolk @tesfenews
@coachinception@EastCoast_Coll@L6FC @tesfenews Sounds like a solid and effective approach which should stand any organisation in good stead, be it a College or commercial business, not only during the current crisis, but importantly also when emerging out the other side.
Job Retention Scheme details have been released, which will provide invaluable help for many organisations navigating through the current crisis. https://t.co/yg8gn21Ddo
@coachinception@EastCoast_Coll Fantastic achievement and very much deserved. Well done Stuart and team; I am sure East Coast College will continue to go from strength to strength.
@GateleyLegal @jameshurley Really interesting sessions from a great speaker line up. The theme of “disruption” was spot on in light of the many uncertainties organisations face. Great examples used to highlight the importance of agile leadership, ability to adapt to change, and fostering the right culture.
Thanks to guests from the Midlands turnaround & restructuring community for lively debate at IFT’s Corporate Partner’s Dinner. Discussions ranged from potential disruptive events facing businesses, through to the role of mental wellbeing in often stressful turnaround situations.
Really looking forward to co-hosting the IFT Midlands Corporate Partner’s Dinner this evening at Hotel du Vin, Birmingham. We have a great line up of guests from the turnaround and restructuring community, which will no doubt make for lively discussion!
A big thank you to Eversheds partners, Andrew Jordan and Mark Taylor for hosting IFT’s latest FE special interest group. The session provided valuable insight into the new insolvency regime for colleges, and served to reinforce the fact that prevention is better than cure.
Thank you to RBS Midlands Restructuring & Education teams for hosting me this morning. Discussed the challenges facing the FE sector & the impact of the new insolvency regime. Various predictions made about how colleges will fare; only time will tell if these resemble reality.
@tesfenews Agreed. Working with a number of recently merged and fresh start colleges, I would also specifically echo this from turnaround perspective. The question is how much harder it may become to retain and recruit quality to this key role with the advent of the new insolvency regime?
At the end of last year, I was approached to lead a NPQEL module for Education CEOs - here are the main discussion points for the attendees: https://t.co/8UZYdvaXjv
Great night at IFT’s Midlands Coprporate Partner’s Dinner in Birmingham. We talked about growth opportunities for Midlands businesses, the need to carefully manage the challenges associated with growth, & importance of cultural change in turnarounds to aid long term resilience.