Thinking like a business turned our college around
A ‘private-sector’ approach transformed the fortunes of a struggling land-based college
At the end of last year, Hadlow College was awarded the Institute for Turnaround public sector award. Indicating the calibre of the award, the runners-up included the KPMG Turnaround Team and the Core Education Trust.
Hadlow’s turnaround began in 2002 when the college was bankrupt – recording losses approaching a total of £500,000, with a turnover of £5 million. But while mismanagement of policies, procedures and finances let the college down throughout this unrelentingly dreadful period, the teaching standards remained good – a tribute to the commitment of first-class lecturers.
Hadlow was – ...