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Appendix 3: Merger Proposal - Corporate Services
Merger Proposal Document - Corporate Services
3
Merger Challenges
The merger of the three colleges will offer the following challenges:
2.8. Keeping health & safety matters at the forefront during a sustained period of
significant change. For example, this level of change will generate stress and
anxiety and the College will, therefore, need to have well developed plans and
support services to minimise the adverse affects of stress.
2.9. Ensuring service delivery is subject to minimal disruption during the merger
integration process.
2.10. Resolving competing demands for capital investment for the various College
buildings whilst the New Campus Glasgow project is being developed.
2.11. Developing effective communication channels to inform members of staff and
students about new estates related policies, procedures and practices arising
from the merger.
2.12. Ensuring coordinated service delivery is achieved across the various campuses
of the new College.
2.13. Co-locating some administrative support functions and responding to the needs
arising from a new academic structure.
2.14. Integrating computerised estates & facilities systems.
3. FINANCE & PROCUREMENT
Financial Performance Objectives
3.1. The new College's main financial performance objectives shall be:
• To maintain financial security and sustainability;
• To maintain and where possible improve the level of capital investment in
terms of the College's estate & facilities, educational equipment and other
resources;
• To achieve an operating surplus on the Income & Expenditure Account; and
• To maintain an appropriate level of net current assets with a minimum of not
less than 6% of turnover.
Financial Management Objectives
3.2. The College shall provide an efficient and effective financial management
function by:
• Developing a control environment, which minimises risk, ensures value for
money and safeguards the assets of the College;