Project goal
As part of the transformation program, we worked with one of the largest public universities in Poland. Our task was to develop a coherent development strategy adapted to the changing demographic situation, rising costs, and the need for better management. The main goals of the project were: inclusion of management staff in the process of building a strategy, strengthening financial competences decision-makers, creating a basis for systemic financial management university.
Assumptions
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The university operates in a complex financing system: subsidies, grants, projects, and commercial activities.
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There is a lack of tools to combine financial data into a holistic picture.
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Planning is taking place without the participation of deans and heads of units , which reduces the effectiveness of implementing decisions.
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Demographic decline and revenue volatility require better risk management and budgeting.
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What is needed is an approach that not only diagnoses the situation, but allows for action – step by step.
Actions taken
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Analysis of the financial situation of the university, with particular emphasis on sources of revenue, fixed costs and external risks.
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Verification of financial forecasts: comparing assumptions with historical data and market trends.
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Building a test controlling model on the example of two commercial projects – showing how to better manage finances at the individual level.
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Workshops for staff – a practical introduction to cost management, financial analysis and data-driven decision-making.
Effect
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The university has gained a transparent and complete financial picture that takes into account cost structure, revenue sources and associated risks.
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A controlling model was created that can be developed and implemented in other areas.
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Deans and managers gained the knowledge needed to actively participate in planning and management.
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The project was initiated changing the management culture – decisions are based on data and processes become more transparent and predictable.
Duration
2 months
