Strategic Goal 3
Long-term Sustainability
Efficiency and growth are key to Long-term Sustainability, operating in accordance with the principals and parameters set by the University’s Financial Resilience Framework 2025-30 and overseen by the University Council.
The financial performance of the University is strengthened by achieving Inspiring Opportunities and Transformative Experience whilst carefully managing costs, optimising efficiency of delivery and setting achievable targets for growth. In turn, this strengthened financial performance is creating sufficient headroom for investment in staff expertise as well as essential capital investment in the estate, IT infrastructure and specialist resources for learning and teaching.
By prioritising learning opportunities that respond to the Local Skills Improvement Plan for Greater Lincolnshire as well as national priorities for higher skills, Lincoln Bishop is strongly positioned for external capital investment; the University is increasingly confident in its distinctive educational contribution within Greater Lincolnshire and beyond.
Appropriately maximising each source of planned revenue, adopting a commercial mindset whilst always reflecting the Values of the University.
Operating within the Financial Resilience Framework 2025-30, ensuring costs are always aligned to income.
Implementing energy saving measures to reduce cost and enhance environmental sustainability, including an optimisation of timetabling on campus.
Undertaking robust financial planning to evaluate the impact of business development on the University’s Long-Term Sustainability.
Subject to affordability and in accordance with prudent cashflow management, investing in the University’s estate, IT infrastructure, and data services including learning analytics.
In consultation with students and staff, reviewing the utilisation of the physical estate to enhance Transformative Experiences by zoning facilities for specialist areas of learning and teaching, and research and innovation.
Growing the academic portfolio, supported by external grant funding as well as targeted internal investment in staff expertise and specialist resources for learning and teaching.
Optimising the impact of public relations, marketing and outreach to raise the profile of Lincoln Bishop University to achieve planned targets for international, national and local student recruitment, and be active in strengthening and growing the University’s alumni network.
