We analyze the strategic, financial, and operational aspects of your education business from the perspective of a seasoned education expert, identify value levers, optimisation measures, and future potential, and then propose concrete steps for achieving these objectives in the short and long term.
Included in the Performance Audit are:
- Initial interviews
In the initial three online meetings, we examine the financial situation (revenue, contribution margins in the various educational fields, EBITDA, cash flow, etc.) as well as your strategic and financial goals. Simultaneously, we examine the availability and quality of the marketing and sales-related KPIs, as well as the key figures on education quality. On the basis of the availability of information, the audit scope, objectives, and fee are determined. The chief financial officer and the marketing director usually sit in on the second and third interviews.
- Conducting the audit
We conduct a Financial Assessment, an Educational Audit, and a Strategy Check based on the initial situation and the agreed-upon objectives. We consider not only the bare numbers, but also the quality of the information and the management and information processes involved, which are crucial for maximizing performance potential. The initial phase determines whether the audit should be conducted on-site.
On request, the final report is presented to the management and/or the supervisory board/board of directors following its presentation to the internal client. This report contains crystal-clear action recommendations, including recommendations on priorities and, whenever possible, quantified information on the targeted value enhancement potential and optimization opportunities.
Value-based compensation. As a continuance of the Performance Audit, agreement can be reached on the Performance Program.
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