We will address the investment needs to meet the objectives stated. Those needs will cover all resources including staffing, physical assets, management information systems and the environment.
In order to help facilitate those needs we will embed the concept of Value for Money throughout the University. This will be achieved through tight but flexible budgetary control, increasing financial awareness through training, and strengthening the procurement plan and processes in the University.
A culture of performance will be developed across the organisation and this will be led by UET. A focus on performance will mean ensuring that resources are used efficiently and effectively, but the primary aim is to maximise our performance and ability to fully deliver our Vision.
11. Current Ratio
12. Annual contribution %
13. Total reserves £000s