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FE Voices

Equipping our workforce for tomorrow's recovery

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Featured Articles

Andrew Harding, FCMA, CGMA, Chief Executive – Management Accounting, CIMA

Equipping our workforce for tomorrow's r…

Aug 14, 2020 / FE Voices

Addressing skills, productivity and social mobility is the key to long-term success, says Andrew Harding, @CIMA_News  The UK doesn’t have strong track-record when it comes to investing in skills, and higher-level skills in particular. This was a nagging issue long before the coronavirus pandemic hit, and it has now become an acute problem...

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Dudley College of Technology, a further education college in the Metropolitan Borough of Dudley, has partnered with MHR Analytics to streamline its finance systems, swapping a number of manual spreadsheet based processes for cutting-edge data software.

The college has seen significant growth in learner numbers over the last few years following the £60m investment into its estate and resources across the Dudley Learning Quarter, as well as achieving Outstanding at its latest Ofsted inspection.

This has seen demand for courses and services grow dramatically in recent years, creating a requirement for more robust, efficient and innovative systems. A year ago the college also set up and sponsors Dudley Academies Trust, consisting of four local schools, and shares best practices as well as finance, payroll and HR functions.

As a result, the college needed a fresh system that could provide tight financial control, while offering first-rate data management to support running a larger, more complex organisational structure.

Following an MHR Analytics’ “proof of technology” workshop, the college was able to test the software and chose to implement IBM Planning Analytics using MHR Analytics’ Financial Workforce Planning application, alongside a financial reporting, planning and analysis solution. The software was chosen to help the College to ensure data accuracy, analyse management information and make informed business decisions around budgets, resource allocation and pay rewards.

Andrew Woodford, Management Accountant at Dudley College of Technology, comments: “The proof of technology workshop delivered by MHR Analytics was invaluable, removing that leap of faith you have to take when making the decision to buy software for the business.”

“We are excited about our partnership with MHR Analytics and anticipate cost and time savings through technological enhancements to our already first-class planning, budgeting, forecasting and month-end management reporting. As the College and Trust grow and become more complex organisations this will enable us to continue to confidently make effective business decisions in a timely manner with complete trust in the numbers,” he added.

MHR Analytics’ planning solutions will automatically gather data together and organise it to produce a clear picture of costs, incomes and margins for the college and the Trust, in a technologically enhanced manner that was not possible previously. This will enable senior professionals within the college and Trust to trade time spent on manual reporting for more analytical value, as well as strategic tasks.

Nick Felton, SVP, MHR Analytics comments: “As a rapidly expanding academic institution, Dudley College of Technology recognised the need to enhance its reporting and planning systems, so it could make efficient and informed decisions. It was clear from the outset that an organisation of this size and scale could not operate at optimum efficiency using manual spreadsheets for reporting. Our software will enable decision-makers to make choices based upon accurate and up-to-date information, allowing the College and Trust to thrive and move forward with confidence as it continues to expand, attracting a growing numbers of students.”

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Further Education News

The FE News Channel gives you the latest education news and updates on emerging education strategies and the #FutureofEducation and the #FutureofWork.

Providing trustworthy and positive Further Education news and views since 2003, we are a digital news channel with a mixture of written word articles, podcasts and videos. Our specialisation is providing you with a mixture of the latest education news, our stance is always positive, sector building and sharing different perspectives and views from thought leaders, to provide you with a think tank of new ideas and solutions to bring the education sector together and come up with new innovative solutions and ideas.

FE News publish exclusive peer to peer thought leadership articles from our feature writers, as well as user generated content across our network of over 3000 Newsrooms, offering multiple sources of the latest education news across the Education and Employability sectors.

FE News also broadcast live events, podcasts with leading experts and thought leaders, webinars, video interviews and Further Education news bulletins so you receive the latest developments in Skills News and across the Apprenticeship, Further Education and Employability sectors.

Every week FE News has over 200 articles and new pieces of content per week. We are a news channel providing the latest Further Education News, giving insight from multiple sources on the latest education policy developments, latest strategies, through to our thought leaders who provide blue sky thinking strategy, best practice and innovation to help look into the future developments for education and the future of work.

In May 2020, FE News had over 120,000 unique visitors according to Google Analytics and over 200 new pieces of news content every week, from thought leadership articles, to the latest education news via written word, podcasts, video to press releases from across the sector.

We thought it would be helpful to explain how we tier our latest education news content and how you can get involved and understand how you can read the latest daily Further Education news and how we structure our FE Week of content:

Main Features

Our main features are exclusive and are thought leadership articles and blue sky thinking with experts writing peer to peer news articles about the future of education and the future of work. The focus is solution led thought leadership, sharing best practice, innovation and emerging strategy. These are often articles about the future of education and the future of work, they often then create future education news articles. We limit our main features to a maximum of 20 per week, as they are often about new concepts and new thought processes. Our main features are also exclusive articles responding to the latest education news, maybe an insight from an expert into a policy announcement or response to an education think tank report or a white paper.

FE Voices

FE Voices was originally set up as a section on FE News to give a voice back to the sector. As we now have over 3,000 newsrooms and contributors, FE Voices are usually thought leadership articles, they don’t necessarily have to be exclusive, but usually are, they are slightly shorter than Main Features. FE Voices can include more mixed media with the Further Education News articles, such as embedded podcasts and videos. Our sector response articles asking for different comments and opinions to education policy announcements or responding to a report of white paper are usually held in the FE Voices section. If we have a live podcast in an evening or a radio show such as SkillsWorldLive radio show, the next morning we place the FE podcast recording in the FE Voices section.

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In sector news we have a blend of content from Press Releases, education resources, reports, education research, white papers from a range of contributors. We have a lot of positive education news articles from colleges, awarding organisations and Apprenticeship Training Providers, press releases from DfE to Think Tanks giving the overview of a report, through to helpful resources to help you with delivering education strategies to your learners and students.

Podcasts

We have a range of education podcasts on FE News, from hour long full production FE podcasts such as SkillsWorldLive in conjunction with the Federation of Awarding Bodies, to weekly podcasts from experts and thought leaders, providing advice and guidance to leaders. FE News also record podcasts at conferences and events, giving you one on one podcasts with education and skills experts on the latest strategies and developments.

We have over 150 education podcasts on FE News, ranging from EdTech podcasts with experts discussing Education 4.0 and how technology is complimenting and transforming education, to podcasts with experts discussing education research, the future of work, how to develop skills systems for jobs of the future to interviews with the Apprenticeship and Skills Minister.

We record our own exclusive FE News podcasts, work in conjunction with sector partners such as FAB to create weekly podcasts and daily education podcasts, through to working with sector leaders creating exclusive education news podcasts.

Education Video Interviews

FE News have over 700 FE Video interviews and have been recording education video interviews with experts for over 12 years. These are usually vox pop video interviews with experts across education and work, discussing blue sky thinking ideas and views about the future of education and work.

Events

FE News has a free events calendar to check out the latest conferences, webinars and events to keep up to date with the latest education news and strategies.

FE Newsrooms

The FE Newsroom is home to your content if you are a FE News contributor. It also help the audience develop relationship with either you as an individual or your organisation as they can click through and ‘box set’ consume all of your previous thought leadership articles, latest education news press releases, videos and education podcasts.

Do you want to contribute, share your ideas or vision or share a press release?

If you want to write a thought leadership article, share your ideas and vision for the future of education or the future of work, write a press release sharing the latest education news or contribute to a podcast, first of all you need to set up a FE Newsroom login (which is free): once the team have approved your newsroom (all content, newsrooms are all approved by a member of the FE News team- no robots are used in this process!), you can then start adding content (again all articles, videos and podcasts are all approved by the FE News editorial team before they go live on FE News). As all newsrooms and content are approved by the FE News team, there will be a slight delay on the team being able to review and approve content.

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