Strategic Plan 2009 - 2013

10. Governance

To be a responsive, efficient and accountable organisation.

1. Targets

In the period to July 2010, the University will:

• commence the monitoring of institutional performance by Council in line with agreed Key Performance Indicators (KPIs),
• implement a formal performance measurement system for the Council and its Committees,
• undertake a review of the following services to the University to ensure that the University continues to receive value for money: (1) the procurement of legal services and (2) the procurement of internal and external audit services,

In the period to July 2011, the University will:

• prepare and submit to the University’s Audit Committee a Value for Money Strategy, in order to promote economy, efficiency and effectiveness,
• aim to reduce in real terms administration cost per FTE student (as designated by HEFCW) so that it is £3,850 by 20010/11 (subject to review following the creation of IBERS),
• develop and implement the University’s Communications Strategy.

2. Risks

The following risks have been identified and they will be monitored and managed throughout the period of the plan:

• failure to appoint new Council members with the appropriate balance of skills and experience,
• failure to maintain good financial health as measured by the Funding Council.

23/06/09