education

WHAT WE DO

Tertiary education is coming under increasing pressure as it operates with reduced revenue streams. Cranleigh understands the Australasian education sector well and the commercialisation of tertiary research and non-core business. We are skilled at assisting universities, institutes and other tertiary education organisations to optimise resources ensuring they can continue to provide core education services.

HOW WE DO IT

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  • Commercialisation of tertiary research
  • Risk sharing commercial arrangements with the private sector
  • Commercialisation of non-core businesses, resulting in reduced operating costs and increased resources available to academia.
  • Streamlining financial reporting and KPI management dashboards
  • Financial modelling
  • Structuring and implementation of joint ventures and partnerships
  • Procurement models
  • Advice on fundraising
  • Property portfolio review and management

WHAT WE HAVE DONE FOR OUR CLIENTS

TERTIARY EDUCATION

  • Advised AUT University, Auckland on commercialising its print department to reduce costs. A decision is pending on the project.
  • Advised on the $41m expansion of a high performance sports and health centre at Millennium Institute of Sport and Health on Auckland's North Shore. The project included financial modelling and assistance with fundraising.

TERTIARY EDUCATION

  • Facilitated and structured a strategic review for the establishment of the new Faculty of Design and Creative Technologies at AUT University, Auckland. The project involved an investigation and review of the objectives and mission of the new faculty, its key resources and programmes and how these might best be managed to serve the mission and objectives of linking academia, research, industry and government.

TERTIARY EDUCATION

  • Developed a financial model enabling Massey University to fully cost its educational outputs, including the calculation of profit and contribution by paper and qualification to measure the teaching and research component of each department.
  • Advised the Auckland Council, AUT and Auckland University on development of a "Learning Quarter" in Auckland city.

GOVERNMENT POLICY

  • Developed for the Tertiary Education Commission a key performance framework contributing to the design of an assessment methodology policy for tertiary education.
  • Advised AUT on the response to the NZ Government's new tertiary education reforms, including the introduction of a new funding framework for institutions based on a purchaser/provider model.

COMMERCIAL ADVICE

  • Undertook for the Queen Victoria and St Stephens Educational Trust an independent review of the commercial and educational benefits of a proposal to develop a new Maori-based educational system, Mataariki, for a number of Auckland region primary and secondary schools. Work included evaluating the policy and governance arrangements. The report was required to gain political and financial support from the Education Ministry.

COMMERCIAL ADVICE

  • Prepared a project feasibility study on the establishment of a new $80m business campus in Manukau for the Manukau Institute of Technology. It is to be integrated into a new transport hub and adjoining industrial park land.
  • Extensive experience in early stage and start-up advice and funding involving a range of Australian and NZ tertiary institutions.

INTELLECTUAL PROPERTY

  • Developed the policy and business case for Massey University, New Zealand on the establishment of a dedicated intellectual property commercialisation entity to enable the university to more effectively generate revenue streams for intellectual property and product development.

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INTELLECTUAL PROPERTY

  • Prepared the business case for Counties Manukau District Health Board to establish a health technology innovation hub to increase early stage development and commercialisation of intellectual property. The business case was the basis of a funding application to the Economic Development Ministry. The health board will partner with industry and universities throughout the North Island.

CONTACT

To contact our Education Team call:
New Zealand Andy Reid at +64 27 492 1348
Australia Paul Bayly at +61 405 922 715