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The future RTO: diversify niche collaborate or die!

Date post: 27-Jan-2015
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This session will provide insights into opportunities for your RTO and what the VET environment may look like into the future. It is underpinned by the analysis of VET policy and directions. See how RTos are innovating, collaborating and evolving their approach as future orientated providers by looking at case studies of good practice. The RTOs showcase exhibit a high level of resilience together with a strategic focus, particularly in light of the introduction of new VET initiatives and different funding arrangements where RTOs have needed to diversify, niche, collaborate or die.
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The future RTO – diversify, niche, collaborate or die! Case studies Wendy Perry, Workforce BluePrint @waperry @WorkforcePlan
Transcript
Page 1: The future RTO: diversify niche collaborate or die!

The future RTO – diversify, niche, collaborate or die!

Case studies

Wendy Perry, Workforce BluePrint@waperry @WorkforcePlan

Page 2: The future RTO: diversify niche collaborate or die!

Wendy Perry, Workforce BluePrint@waperry @WorkforcePlan

The future RTO – diversify, niche, collaborate or die!

Case studies

Page 3: The future RTO: diversify niche collaborate or die!

STOP, Collaborate and Listen

• Future RTO’s will need to diversify, niche, collaborate or die!

• Why?- Policy is changing = revolutionary reform- Funding arrangements are changing - The market is changing- Your clients are becoming savvier- Increased transparency is expected- Technical competence is paramount- Digital capability is a minimum- Consolidation of RTO ownership and amalgamation with

Higher Education providers

Page 4: The future RTO: diversify niche collaborate or die!

Word Adelaide MC competition

Page 5: The future RTO: diversify niche collaborate or die!

STOP - VET Reform

• Ongoing National VET reforms

• Future Skills WA

• Get informed

• Marketing strategy

• Delivery strategy

• Look at growth scenario’s and opportunities

• ‘Capping’?

Page 6: The future RTO: diversify niche collaborate or die!

STOP - VET Reform

• Ongoing National VET reforms

• Future Skills WA

• Get informed

• Marketing strategy

• Delivery strategy

• Look at growth scenario’s and opportunities

• ‘Capping’?

Will it ever stop? Yo’ll I don’t know..

Page 7: The future RTO: diversify niche collaborate or die!

STOP – WA Budget

Page 8: The future RTO: diversify niche collaborate or die!

Quality Training & Hospitality College

Page 9: The future RTO: diversify niche collaborate or die!

Niche and Collaboration

• Scope – add additional vocations

• Markets – fee for service, different levels

• States – expand interstate – explore funding rules etc..

• Overseas Students – Add CRICOS and deliver to Overseas students

• Off-shore delivery – partner and deliver off-shore

• Add on businesses – retail shop, café, cleaning etc.

Page 10: The future RTO: diversify niche collaborate or die!

• Scope – add additional vocations

• Markets – fee for service, different levels

• States – expand interstate – explore funding rules etc..

• Overseas Students – Add CRICOS and deliver to Overseas students

• Off-shore delivery – partner and deliver off-shore

• Add on businesses – retail shop, café, cleaning etc.

• Anything less than the best is a felony!

Niche and Collaboration

Page 11: The future RTO: diversify niche collaborate or die!

CITC

Page 12: The future RTO: diversify niche collaborate or die!

Niche

• Major provider to the CITB

• Developed training standards for the Commonwealth government and Safework Australia in High Risk Work

• Skills and Work Health and Safety audits

• Focuses on core scope – High Risk Work and Critical Safety

• Not a ‘Skills for All’ provider

Page 13: The future RTO: diversify niche collaborate or die!

Niche• Major provider to the CITB

• Developed training standards for the Commonwealth government and Safework Australia in High Risk Work

• Skills and Work Health and Safety audits

• Focuses on core scope – High Risk Work and Critical Safety

• Not a ‘Skills for All’ provider

• Conducted and formed this is a hell of a concept… we

make you hot and you want to step with this

Page 14: The future RTO: diversify niche collaborate or die!

Silver Chain Training

Page 15: The future RTO: diversify niche collaborate or die!

Nichifying + Collaboration

• Implementing change is never ‘cost-free’

• New business can be found and created

• Adapt capabilities to a ‘newly minted’ perception

• Reaffirming and driving growth in existing core products, creating new products, expanding current products into new markets and partnerships of new business models – all aligned to our industry “niche”

• Good to Great

Page 16: The future RTO: diversify niche collaborate or die!

Nichifying

• Implementing change is never ‘cost-free’

• New business can be found and created

• Adapt capabilities to a ‘newly minted’ perception

• Reaffirming and driving growth in existing core products, creating new products, expanding current products into new markets and partnerships of new business models – all aligned to our industry “niche”

• Good to Great

• Quick to the point, to the point no faking…

Page 17: The future RTO: diversify niche collaborate or die!

Future VET environment

• STOP, Collaborate and Listen - Diversify, Niche or Die!• Environmental scanning• OS factor – components of other systems here• Fee For Service (beyond subsidies) is essential• Specialisation and tailoring – nothing but the best!• Digital capability, online marketing and partnerships• What’s your story, the real impact you are making and

your unique selling proposition?• Regulation, measurement and transparency – power of

data• Keep your sense of humour and have some fun!

Page 18: The future RTO: diversify niche collaborate or die!

Questionsand

Solutions

Page 19: The future RTO: diversify niche collaborate or die!

Questionsand

Solutions

Page 20: The future RTO: diversify niche collaborate or die!

WPAA (all things VET)

www.wpaa.com.au

Workforce BluePrint:

www.workforceblueprint.au – check out the shop!

[email protected]

Keep up to date:

LinkedIn: http://www.linkedin.com/in/wendyperry

Facebook: http://www.facebook.com/WorkforcePlanningTools

Twitter: @WorkforcePlan and @waperry

Australian VET Leaders: http://www.linkedin.com/groups/Australian-VET-Leaders-3674687?gid=3674687&trk=hb_side_g

Connect

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Page 21: The future RTO: diversify niche collaborate or die!

WPAA (all things VET)

www.wpaa.com.au

Workforce BluePrint:

www.workforceblueprint.au – check out the shop!

[email protected]

Keep up to date:

LinkedIn: http://www.linkedin.com/in/wendyperry

Facebook: http://www.facebook.com/WorkforcePlanningTools

Twitter: @WorkforcePlan and @waperry

Australian VET Leaders: http://www.linkedin.com/groups/Australian-VET-Leaders-3674687?gid=3674687&trk=hb_side_g

Connect

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