The Benefits of NEF Diamond:
Improve revenue stream generation…
NEF Diamond provides the blue print for improved revenue generation by diversifying
offering and repositioning organisation to be a lithe and responsive organisation,
able to take advantage of sudden market opportunity.
Improve ability to capture market opportunity…
With NEF Diamond organisations will be able to identify, review and assess market
opportunities in a responsive way.
Enhance capability to grow new markets…
By undertaking NEF Diamond, organisations will have the development capability and
market information to create new courses to capture and emerging markets.
Improve customer service and satisfaction…
NEF Diamond shapes an organisation into being high performance, robust and responsive,
capable of acting and seizing market opportunity.
Strengthen partnerships and alliances…
NEF Diamond will help organisations develop more sustainable strategic partnerships
and alliances with employers and their supply chains, leading to increased demand.
Headline:
NEF Diamond enables the participating college to develop USPs and clear routes to
market in order to collaborate more actively with industry and generate private
sector revenue.
Summary:
NEF Diamond enables the participating college to develop their USPs and clear routes
to market.
The Diamond programme takes advantage of NEF’s unique position at the juncture between
FE, HE and industry by first working with the college to analyse current provision
and future aspirations, agree USPs and develop routes to market. We then manage
the implementation of these strategies in conjunction with the college by approaching
commercial and industrial players in order to generate private sector interest and
funds for the selected colleges.
Why do you need NEF Diamond?
The squeeze on funding for further education is compelling colleges to rethink their
strategy and refine their offer. In order to ensure sustained performance well into
the future, colleges need to be agile and responsive to maintain market leadership.
The NEF Diamond programme is a strategic approach that supports colleges to review
their capability and markets, adapt to overcome challenges, and reposition themselves
to take full advantage of market opportunities to drive private sector income and
achieve profitability and growth, even in these austere times.
What is involved?
The Diamond programme is a four step process:
