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Time to Talk - Who are your peers? Re-thinking HEI categories and benchmarking

06 October 2021      Matt Sisson, Projects and Membership Manager

Any well-run organisation should be looking outwards at others: to compare, benchmark, and learn; to make new connections and find good ideas; and to discover how to operate more effectively and efficiently. Universities are no different – and comparing numbers and outcomes with institutions across the sector is a regular activity of university finance teams.

But who do you compare with, and why? Are your peers or ‘competitors’ chosen on the latest data and evidence, on history or reputation, or just because you’ve always done it that way?

Wonkhe is currently running a series of articles on reviewing sector categories, and we’ve invited David Kernohan to a Time to Talk hour to start us off by outlining the current thinking, and why it should be challenged. Attendees will then be able to share their current methods and experiences, and discuss, among other things:

  • Whether provider categories/groupings are useful, or if every analysis is a separate case
  • How finance comparisons differ from others in their institution
  • Regional vs National vs International comparisons
  • Benchmarking against non-HE organisations
  • The big markers – pensions, research, or something else?

We’ll also be asking you whether BUFDG’s own analysis and reporting could be made more useful by using categories other than ‘turnover bands’.



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