The TES is reporting that new Government guidance advises colleges undergoing mergers to consider recruiting a dedicated project team, a paid senior adviser and paying their chair for the extra work.
A draft of the document seen by TES states that in many cases it will be appropriate… to recruit a dedicated project team with significant restructuring or turnaround expertise on an interim basis. “It may also be sensible to appoint a part-time, paid senior adviser to the board, with appropriate transformation experience who can perform a ‘non-executive director’ role for a limited time,” it goes on to say.
Effective implementation of merger requires a different skills set to that required to run an established institution, the draft guidance explains. Furthermore, colleges should consider remunerating their chair or lead governor for the additional work carried out during the area review process and the implementation phase.
Where two institutions in roughly similar situations are merging, an independent chair not involved in either predecessor board would normally be beneficial, says the guidance. “The designate or transitional board and chair for the new institution should be put in place as early as possible,” it adds, stressing that the role of the chair will be crucial, and it is “essential” for the chair to have access to “dedicated turnaround resource”, reporting directly to them and the transitional board.
It’s logical advice, but seems a bit ironic in some ways on the same day as reports of huge debts in the sector.
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