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FINANCIAL SERVICES North West Region Strategy and Plan for 2009/10
Why does NSAFS North West exist? What are we here to do? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
We have built an integrated model to achieve our goals . . . Financial Capability for All Wholesale Banking Insurance Life Assurance & Pensions Admin. 3 rd  Party Admin. Investment Management Financial Advice Our vision is to ensure the UK has a better educated  financial services workforce by being the leading body for the development & delivery of education, skills and  training solutions for the financial services sector  Target New entrants to work Returners to work Experienced, but new  entrants to the FS  industry Existing Workforce  Products Providers Employers Full time study levels 2 - 5 Earn and learn levels 2 - 5 Technical/professional  quals . Bespoke leadership and  management qualifications Financial capability and  money management Skills Solutions (Lead) Liverpool Community College The Oldham College St Helens College West Cheshire  College Retail Banking Build the Brand to achieve our objectives
Our deliverables are based around 5 key strategic themes: Be a demand & employer led organisation Board members represent financial sub sectors. Increase the availability of new entrants Ensure long term sustainability Improve the quality of training undertaken Increase in education, skills & training available Employers receiving direct training. We can evidence  business benefits. We see a growth  in sponsorship. Demonstrate a variety and range of courses. Increase our learner numbers. Grow our Network of providers. Improve qualification success rates. Evidence of  business benefits. Learners showing  interest  in employment in the  financial services industry. Prepare cost structure for value for money. Increase income levels to cover costs. Grow Apprenticeships. Grow foundation  degrees and diplomas. Grow our young  learner numbers. Grow non-traditional entrant numbers. Grow financial capability programme.
We want to deliver 1150 new learners in 2010. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Our target market consists of 3 key areas: ,[object Object],[object Object],[object Object]
There are 5 key product provisions: ,[object Object],[object Object],[object Object],[object Object],[object Object],In total there are 14 programmes available to choose from across our region – and growing.
We have 5 providers on board: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Lead Providers: Skills Solutions Other Providers:  Liverpool Community College, The Oldham College, St Helens College, West Cheshire College
Driving employer engagement is critical to our success. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
We need to develop our brand to deliver our objectives. ,[object Object],[object Object],[object Object],[object Object]
The Academy is part of a wider network of stakeholders. FSA Learners Experienced but new entrants to FS sector Existing Workforce Returners to Work Financial Capability for All New Entrants to Work Financial Services Sector Skills Council Government funding bodies and agencies Employers N ational  S kills  A cademy for  F inancial  S ervices ~ Sets the standards for the curriculum ~ Providing demand Learning and Skills Council Regional Development Agencies European funding Department of Business,  Innovation and Skills
How do we become financially sustainable? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What are we looking for from the Regional Board? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Where are we right now? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What are our plans for action? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What are our plans for action? Objectives Actions Milestones Increase Learner Numbers ,[object Object],[object Object],[object Object],[object Object],[object Object],Increase Employer Involvement ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Finalise Provider Network ,[object Object],[object Object],[object Object],[object Object]
What are our plans for action? Objectives Actions Milestones Agree Performance Monitoring Mechanisms ,[object Object],[object Object],Continue to Raise Profile of Academy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Become Financially Sustainable ,[object Object],[object Object],[object Object],[object Object]

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Strategy Plan 2009 2010

  • 1. FINANCIAL SERVICES North West Region Strategy and Plan for 2009/10
  • 2.
  • 3. We have built an integrated model to achieve our goals . . . Financial Capability for All Wholesale Banking Insurance Life Assurance & Pensions Admin. 3 rd Party Admin. Investment Management Financial Advice Our vision is to ensure the UK has a better educated financial services workforce by being the leading body for the development & delivery of education, skills and training solutions for the financial services sector Target New entrants to work Returners to work Experienced, but new entrants to the FS industry Existing Workforce Products Providers Employers Full time study levels 2 - 5 Earn and learn levels 2 - 5 Technical/professional quals . Bespoke leadership and management qualifications Financial capability and money management Skills Solutions (Lead) Liverpool Community College The Oldham College St Helens College West Cheshire College Retail Banking Build the Brand to achieve our objectives
  • 4. Our deliverables are based around 5 key strategic themes: Be a demand & employer led organisation Board members represent financial sub sectors. Increase the availability of new entrants Ensure long term sustainability Improve the quality of training undertaken Increase in education, skills & training available Employers receiving direct training. We can evidence business benefits. We see a growth in sponsorship. Demonstrate a variety and range of courses. Increase our learner numbers. Grow our Network of providers. Improve qualification success rates. Evidence of business benefits. Learners showing interest in employment in the financial services industry. Prepare cost structure for value for money. Increase income levels to cover costs. Grow Apprenticeships. Grow foundation degrees and diplomas. Grow our young learner numbers. Grow non-traditional entrant numbers. Grow financial capability programme.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11. The Academy is part of a wider network of stakeholders. FSA Learners Experienced but new entrants to FS sector Existing Workforce Returners to Work Financial Capability for All New Entrants to Work Financial Services Sector Skills Council Government funding bodies and agencies Employers N ational S kills A cademy for F inancial S ervices ~ Sets the standards for the curriculum ~ Providing demand Learning and Skills Council Regional Development Agencies European funding Department of Business, Innovation and Skills
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.