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The Foundations of Strong Governance

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Financial Sustainability and Management of Risk

Introduction

The Hackney Education System is currently navigating significant financial challenges, driven by a declining pupil roll and a growing deficit across our schools. In this context, the Schools Financial Value Standard (SFVS) becomes a crucial statutory process, offering vital lessons for effective financial management. This session will highlight best practices that empower schools to prioritize financial sustainability and risk management, outlining key considerations for robust budget setting and future financial resilience. Furthermore, it will detail the measures we employ to ensure robust governance of financial control systems and risk management, ultimately safeguarding the future of Hackney's education.

Objectives

  • Highlight the financial challenges facing our Hackney Education System, including the impact of a falling Pupil Roll and growing deficit for our schools
  • Reflect on why the Schools financial value standard (SFVS) is an important statutory processes for all schools and lessons to share about financial management in our schools
  • Spotlight best practice that enables schools to have a sharper focus on financial sustainability and management of risks
  • Explain what should you particularly take into account to ensure robust budget setting and financial resilience for the future
  • Share how you ensure robust governance of financial control systems and risk management

Audience

This session is particularly designed to support Chairs of Governors, Chairs of finance, school leaders and school business managers. We encourage all governors and colleagues who have relevant roles associated with Financial sustainability and management of risk to join this session.

  • Target audience:
  • Primary
  • Secondary
  • Early Years
  • Post 16

£0.00

(incl. VAT)
Check Date

How do governors fulfil their professional and ethical responsibility?

This session will give you an insight into the crucial role of governance in supporting and challenging school leaders to develop and sustain excellent educational/wellbeing outcomes  for all pupils. It will also illustrate how governance is becoming more complex, requiring  greater accountability of educational standards and management of key risks.

Course objectives: 

  • Explore the three core functions of school governors: vision and direction, holding leaders accountable, and financial oversight.
  • Address pressing issues such as the impact of cost-of-living, staffing challenges, and pandemic-related learning recovery costs.
  • Delve into promoting equalities duties through the lens of Equity, Diversity, and Inclusion, with a focus on legal frameworks and practical strategies.
  • Emphasise the importance of diverse governing boards, detailing how diversity enhances education quality and outcomes.
  • Cover ethical behaviours expected of governors, providing examples of best practices and potential issues in governance.

This training is suitable for:

  • New governors (induction)
  • More experienced governors (refresher)
  • Clerks 
  • School Business Managers

Facilitator: Maggie Kalnins 

 

Free for Hackney schools. Non Hackney schools £108.00 incl. VAT

  • Target audience:
  • Primary
  • Secondary
  • Post 16
  • Included in package:
  • Governance
  • Primary
  • Secondary

From £0.00

(incl. VAT)

How does the Chair of Governors shape strong governance and what is distinct about this role?

Introduction

The chair of governors, a volunteer fulfilling a public duty, leads the board with distinctive responsibilities. Elected by the group, they share power and authority but hold unique duties in leadership. This session emphasises the importance of strong governance for inclusive education, delves into the chair's specific responsibilities, and showcases best practices for effective, ethical, and accountable school governance.

 Course objectives: 

  • Essential Governance:

    • Explore governing boards' role in shaping vision and strategy.

    • Understand core functions: vision clarity, accountability, and financial oversight.

  • Chair's Unique Responsibilities:

    • Lead ethical governance and foster team diversity.

    • Drive continual improvement and address emerging issues.

  • Equality and Ethics:

    • Implement Equalities Duties and adhere to Nolan principles.

  • Effective Team Practices:

    • Define roles and categories, promoting best practices and independent thinking.

  • System Improvement and Risk Management:

    • Ensure clarity in mission and oversee financial performance.

    • Address challenges, evaluate common issues, and advocate for diversity to avoid groupthink.

Facilitator: Maggie Kalnins

Free for Hackney Schools, £90 + VAT otherwise. 

  • Target audience:
  • Primary
  • Secondary
  • Post 16
  • Included in package:
  • Governance
  • Primary
  • Secondary

From £0.00

(incl. VAT)