The government has reaffirmed their continued determination to see all schools to become academies in the next 6 years while stating that it is not necessary to bring legislation to bring about blanket conversion of all schools to achieve this goal. It will continue to require underperforming schools to convert to academy status where they can benefit from the support of a strong sponsor while supporting ‘good’ schools to convert and to take the lead in supporting other schools as part of multi-academy trusts.
Is it part of your strategy to grow by acquiring new schools?
Due diligence is often not given the priority and resources it deserves. There are many points to consider when adding to a MAT. The board of the MAT will need to be satisfied that the school they are ‘acquiring’ or partnering with will fit well with the aims and ethos of the group, will not create unmanageable risks or liabilities for the future, nor de-stabilise the group as a whole.
For Directors/Trustees of an Academy Trust taking on a new school is most likely both the most significant and most risky business decision they are asked to make.
This one-day course will explore the process of due diligence from the perspective of the acquiring MAT.
Who should attend
MAT executive leaders
Setting a rationale, purpose and strategy for growth
- Why do we want to grow at all?
- What is our optimum size?
- What are we trying to achieve?
- Aligning with our Objects
What are the key differences in terms of risk profile of taking on different types of school?
- Conversion (convertor or sponsored)
- Open academy transfer (voluntary or re-brokered)
- Free school (bid following local authority notice or free school application)
Key areas to consider: risks, opportunities, pitfalls and key questions
- Land and buildings
- Financial health
- Educational performance and governance
- IT infrastructure and equipment
Methodology, approach and how do you find these things out?
- Sources of information
- Timescale and process
- Resource and expertise
- Checklists, risk assessment and Board approval
One day - 10.00 - 16.00.
Book three modules and receive a 5% discount or six modules and receive a 10% discount. Please contact us on +44 (0)1223 463757 to receive this offer. Discount is only applicable when the modules are booked together in advance and will not be applied to any retrospective bookings.