Protecting the Future

We have to think beyond the short-term. In order to safeguard our academic activities and the student experience for the future, we must ensure our research and teaching are sustainable. We need to use resources effectively, transparently and responsibly to be resilient and adaptable in the face of change.

What are our goals?		Our priorities up to 2015	We will do this by...	Key measures of our success that we can benchmark our performance against (KPI number)
12	To ensure we operate sustainably in the future.	We need to: • Prepare for a markedly different financial and consumer landscape in Higher Education (which will affect our academic offer, tuition fees and core funding for teaching, research and capital funding and access to income from non-funding bodies). • Develop and consolidate a competitive research income portfolio. • Manage our resources efficiently, economically and effectively. • Connect our research on sustainability issues to the way we operate as an institution. • Prioritise research and innovation that addresses challenges related to sustainability.	• Maintaining our financial strategy and our plans for creating an appropriate University surplus. • Understanding our proposition to future students, our distinctiveness and market position. • Planning effectively for operating in a new tuition fee and HEFCE funding landscape. • Understanding the nature of future full-time, part-time, mixed mode and distance learning student markets for the University. • Planning year-on-year increases in collaborative funding (including income from Public Private Partnerships). • Increasing our market share of research income per academic FTE. • Seeking collaborations within the Higher Education sector that enable us to excel, enhance our reputation and make an impact. • Planning how we will sustain improvements to the campus and facilities as public resources for capital funding diminish. • Seeking ways to maximise our resources in challenging times.	• Total income per academic FTE (£s) (KPI 1). • Percentage ratio of tuition fees and education contracts to total income (KPI 3). • Ratio of current assets to current liabilities (KPI 21). • Net cash inflow from operating activities as a percentage of total income (KPI 22). • Percentage of buildings in category A and B (gross internal area: non-residential) (KPI 23). • Carbon emissions (tonnes) (KPI 24).
13	To safeguard the high quality of our student experience and support of staff.	We need to: • Optimise the effectiveness of the learning and teaching experience by reviewing the teaching calendar and how students are assessed. • Ensure our research infrastructure is maintained, developed and used in the most cost-effective and sustainable way.	• Reviewing and refreshing our course portfolio. • Innovating within course curricula and in the way we support students. • Reviewing and investing in our research infrastructure.	• Ratio of maintenance and capital expenditure to Insurance Replacement Value (IRV) (KPI 4). • Research expenditure per total £ expenditure (KPI 15).
14	Encourage our students and alumni to care about their University and its future.	We need to: • Build relationships with our alumni. • Make alumni part of the University community. • Encourage alumni to champion the University and increase philanthropic interest in our ambitions.	• Planning for building a greater number of relationships with alumni. • Increasing the level of philanthropic interest in and level of donations to the University.	• Percentage of graduates in further study or employment (KPI 1).