2020-2021 NWC Business Plan

Page 53

F. SUSTAINABILITY Sustainability initiatives will support NWC‘s strategic directions toward a HighPerformance Organization by effectively managing resources and risk in this time of uncertainty. To ensure the quality of programs and services, the College will maintain continuous improvement strategies in all its operations and review and revise program offerings to continue to meet the needs of students, employers, and the labour market. In addition, the College will be managing discretionary spending, vacancies and costs while increasing applications for third party resources. Further diversifying our economic portfolio may help the College regain some of the fiscal stability needed to effectively forecast, plan and meet the needs of our region. While current and ongoing sustainability measures include whenever possible vacancy management strategies to reduce salary and benefit costs, the College has restructured and modified external development and corporate services activities to better align with the goals and strategies of the College. This unit will focus on building partnerships and growing our foundation/development activities for investment in programs, services and capital, to position ourselves to be less reliant on government funding. Even with these continued sustainability measures, Saskatchewan’s regional colleges remain the most cost effective institutions governed by the Ministry of Advanced Education, Saskatchewan Colleges are provided with less than 8% of the total provincial post-secondary education budget, while serving over 30% of the province’s post-secondary students.

NORTH WEST COLLEGE 2020-2021 BUSINESS PLAN

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