Professional Documents
Culture Documents
ACCT7012 Group Project
ACCT7012 Group Project
RANK PROGRESS
Fanshawe College - School of Digital and Performing Arts RANK KEY STATUS KEY
Top 10 KPI Performance Improving
ADDRESS 137 Dundas St
CITY London Middle 30 KPI Performance Staying About The Same TOP IMPROVING
FINANCIAL INDICATORS PREVIOUS CURRENT RANK PROGRESS INTERNAL BUSINESS PROCESS INDICATORS PREVIOUS CURRENT RANK PROGRESS
Enrollment Revenue 204,759,796 263,755,385 TOP IMPROVING Donations/Giving 187,589 129,913 BOTTOM DECLINING
Investment revnue 2,882,718 6,013,120 MIDDLE IMPROVING Fanshawe Global Coperation 130,000 73,000 BOTTOM DECLINING
Ancillary Revenue 15,193,804 21,059,969 MIDDLE IMPROVING Reduction of Instructional and Instructional support Expenses 27,738,997 30,737,584 MIDDLE DECLINING
Total Income 347,768,156 412,459,980 MIDDLE IMPROVING Reduction of Student and college service expenses 45,932,918 49,540,061 TOP MAINTAINING
Cash Flows from operating actvities 83,417,201 111,798,725 MIDDLE IMPROVING Reduction of facilty expenses 46,537,643 57,871,649 MIDDLE DECLINING
Current Ratio 0.91 0.99 MIDDLE IMPROVING Reduction of Ancillary Expenses 5,243,674 5,795,413 MIDDLE MAINTAINING
Debt Ratio 0.09 0.08 MIDDLE IMPROVING Improved Professor resources 170,260,272 186,489,874 TOP IMPROVING
Goverment Grants 100,455,764 96,631,513 TOP DECLINING Improved student resources 4,621,968 7,843,472 TOP IMPROVING
CUSTOMER INDICATORS PREVIOUS CURRENT RANK PROGRESS LEARNING & GROWTH INDICATORS PREVIOUS CURRENT RANK PROGRESS
Part time Enrollment 20.0% 29.0% MIDDLE IMPROVING Enrollment Revenue % increase 11% 29% TOP IMPROVING
Indigenous student enrollment 4.9% 5.3% MIDDLE IMPROVING Student fee recivable % increase 19,558,068 18,903,811 MIDDLE MAINTAINING
First Smester retention 76.3% 71.9% TOP DECLINING Profit margin 5.1% 10.6% MIDDLE IMPROVING
Co-op Placements / 82.0% MIDDLE IMPROVING Hotzone training 281,000 130,000 MIDDLE DECLINING
TARGETS
STRATEGIC OBJECTIVES KEY PERFORMANCE INDICATORS
YEAR 1
Developing Fanshawe's Reputation Advertising & Market Complaints Received Maintain Zero
LEARNING
students
ol of Digital and Performing Arts
TARGETS INITIATIVES
↑ 5% ↑ 5% - For the Digital and Performance Arts - The average total tuition cost
school, a 5% annual increase will be on par of program across all 6
Maintain ↑ 2.5% with Fanshawe's overall growth and make it programs currently offered by
aligned with the School's goals. this school is $9,333.79 for
- Government grants domestic students and
should be targeted to maintain for the next $27,620.68 for international
two years as an improvement to the decline students.
they saw in this prior year. Then a slight
increase of 2.5% would indicate proper
growth over 3 years.
- Annual growth of 1% for both professor - The College saw a 10% and
↑ 1% ↑ 1% and student resources expenses is on par 8% increase in expenditures for
with the expansion of expenses for the instructional services and
college from prior years. Therefore, a steady student services respectively, in
↑ 1% ↑ 1% increase for this school is sufficient and the 2022/23 annual report.
aligns with the programming growth.
STRATEGIC OBJECTIVES
Higher Increased
FINANCIAL
Tuition Governmen
Revenues t Funding
CUSTOMER/STUDENT
Improved Developing
Enrollment Fanshawe's
Rate Reputation
INTERNAL/SCHOOL
Improved Improved
Professor Student
Resources Resources
LEARNING & GROWTH
Improved Improved
Online Student
Education Engagement
LEARNING & GR
Improved Improved
Online Student
Education Engagement
Strategic goals:
1. Enhance innovative practices for exceptional student learning
2. Manage enrollment growth
3. Optimize use of resources and enhance organizational capacity
4. Build sustainable, complementary sources of revenue.
e - School of Digital and Performing Arts