College shortlisted for award over financial transformation

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College shortlisted for award over financial transformation
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  • 📰 ShropshireStar
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A county college has been shortlisted for a national award in recognition of the way the leadership team has transformed its financial health.

Telford College is a finalist in the IFT Annual Awards, which showcases ‘the very best in turnaround and transformation practice and outcomes’.

The competition is run by the Institute for Turnaround, the only UK accrediting membership organisation for turnaround and transformation professionals, and overseen by an independent judging panel. At the time, the college was declared financially ‘inadequate’ after racking up multi-million pound deficits for three consecutive years, and had a ‘requires improvement’ grading from Ofsted.

And for adult courses, Telford College was the highest ranking and top performing college in the West Midlands Combined Authority area, based on achievement and retention. “One of the cornerstones of our strategic plan is to work even more closely with the Shropshire business community. We are very keen to ensure we play a role in putting something back into the local economy.”

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