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Pay reviews and the approval of annual/other pay rises and key promotions
Other disputes e.g. property, boundary, etc.
Health and safety considerations and the results of inspections
Meetings with regulators including the Care Quality Commission, Ofsted, etc. and the result of inspections
Appointment of senior of cers and employees
Changes to trustees
WHAT IS THE KEY TO EFFECTIVE FINANCIAL PLANNING?
The key to good forward nancial planning is to have a clear view of the institute’s circumstances, its needs, its wants, and the priorities it attaches to each of those objectives. This will give a framework on which to base decisions, both in the short term and in the long term, and so enable the institute
to achieve its mission. In order to build up a meaningful nancial plan it is necessary to work through the following stages:
Identify and prioritise the institute's objectives i.e. its future ministry
Assess what resources the institute has available to commit towards
achieving those objectives; and
Consider the factors that will in uence how the institute meets those objectives
Financial planning is a tool – it must not become the “tail that wags the dog”.
WHAT ARE THE ISSUES TO BE CONSIDERED WHEN CONSIDERING THE MINISTRY OF THE INSTITUTE IN THE YEARS AHEAD?
When considering the ministry of the institute in the years ahead there are a number of considerations to bear in mind:
Many institutes in the UK will be charities and as such have to continue
to demonstrate that their aims and work are for the public bene t. This should not be a problem for the vast majority. Case law has established that the institute’s own members are bona de bene ciaries of the charity and hence in caring for them the institute is providing a form of public
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