Click to edit Master text styles Click to edit Master text styles Second level Third level Fourth level Fifth level Transformation the New TAFE NSW TAFE Transformation
TAFE NSW s Changing Business Environment Growing demand for skills Increasing technological impacts Shifting customer expectations Intensifying competition Escalating scrutiny of VET system (reviews and audits) Tightening fiscal environment Impacts service delivery models Changing VET policy
NSW VET Reform Agenda More flexible and demand-driven training system Greater contestability for Government funding Support for TAFE as the public provider Greater autonomy for TAFE NSW Institutes More information available for employers and students Improved student outcomes
TAFE NSW Statement of Owner Expectations The Statement outlines TAFE NSW s role in delivering services that are efficient, effective and relevant to the State s interests and to those of individuals and communities of NSW. The NSW Government s expectations of TAFE NSW are: be a state-wide service offer a broad choice of courses provide inclusive services deliver skills critical to the NSW economy lead quality, innovation and customer focus in service delivery operate as a sustainable business be an employer of choice.
TAFE NSW Statement of Owner Expectations also outlines new governance and business arrangements for TAFE NSW. Separation of purchaser and provider roles The functions of the Managing Director are separated from the functions of the Director-General of the DEC. Separate and distinct budget for TAFE NSW Greater Institute autonomy TAFE Institute New Governance Model the New TAFE TAFE NSW will receive a separate and distinct budget consistent with its role as the State s public VET provider. TAFE NSW is expected to successfully compete for entitlement funding and increase commercial revenue sources. TAFE NSW Institutes will have greater authority within an agreed accountability framework to manage finances, assets and workforces, to develop and respond to business opportunities and to strengthen their commercial capability so they can thrive in an increasingly contestable VET market.
New Governance Model the new TAFE TAFE NSW Statement of Owner Expectations also outlines new governance and budget arrangements for TAFE NSW. Increased financial transparency and accountability TAFE NSW Institutes will have greater budget transparency operating as financial entities within TAFE NSW with authority to manage their revenues, expenditures and capacity to retain and invest earnings on an agreed basis. TAFE NSW Institutes will fulfil the required financial management and reporting benchmarks associated with this responsibility.
New Governance Model the new TAFE TAFE NSW Statement of Owner Expectations outlines new governance and budget arrangements for TAFE NSW. Effective asset management and service provision TAFE NSW must seek to deliver efficient and flexible services through a range of strategies including: rationalisation of under-utilised or duplicated courses and assets exploitation of new technologies and leading edge forms of service provision to increase customer appeal and to penetrate new markets, cohorts or specialisations diversifying delivery arrangements through partnerships, licensing and/or fee for service contracts to share the cost of services.
TAFE NSW Strategic Plan 2014-2016 TAFE NSW will be the brand in global demand to build skills for success in today s and tomorrow s world TAFE NSW is embracing the challenge of reforming our governance, business and financial frameworks and will be sustainable and competitive. Our efforts will be on: capturing customers imaginations leading the market advancing our capability building business excellence and innovation.
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