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June 2024 Member Lunchbox Recording: Why do some private providers fail while others succeed?

Online via Thinkific LMS

Recorded on 24/06/2024: This Member Lunchbox Recording is accessible via our Thinkific LMS Platform. 

Please Register Now to access this professional development activity.

Your Certificate of Completion is issued from (and accessible through) the Thinkific Platform immediately upon completion.

Session overview

Research thesis title: An exploration of the organisational sustainability of CVPs in Australia's vocational education and training (VET) market.

Over the last number of years, a significant number of commercial for-profit VET provider (CVPs) – private providers, have ceased operations either voluntarily or involuntarily through cancellation by the Australian Skills Quality Authority (ASQA) or insolvency. The impact of these closures has resulted in dramatic consequences including thousands of students being unable to finish their training and substantial losses of private and public funds.

To understand the underlying causes of these events, semi-structured interviews were conducted with eighteen individuals. Nine were from a Commercial for-profit VET Providers Not Trading (CVPNT), that were forced to close between 2016 and 2018, and nine from a Commercial for-profit VET Providers Trading (CVPT), that were accredited between 1996 to 2015 and are still operating.

This study examined the factors that, from a business, corporate governance, and pedagogical standpoint, contribute to the sustainability of a CVPs. Interviews were conducted with staff members from CVPs that had to close as well as CVPs that are still in business, to learn more about the factors that shaped and influenced these providers and the reasons why some CVPs failed while others flourished.

The proposed outcomes from this study are to contribute new knowledge and improve the professional practices of CVPs and advance on how they operate, how they train and how they become organisationally sustainable in their day-to-day operations to ensure success and viability, into the future.

Key topics covered

  • A short history of VET in Australia
  • Background of the research undertaken
  • Business sustainability – what works and what does not
  • Corporate governance sustainability – the pros and cons
  • Pedagogic sustainability – what does it look like
  • Findings and recommendations – Establishing organisational sustainability

Who should attend

  • CEOs
  • RTO Owners
  • Senior Management 
  • Operational Managers
  • Financial Managers
  • Compliance Managers

What to expect

Once you're enrolled, you have 90 days to complete your MLB Recording via our LMS platform - Thinkific.  

You will be sent a confirmation link via email (just like any other Velg Training event) and this link will connect you to the Thinkific platform. You simply need to input your username and create a password.

Once logged into Thinkific, your MLB recording will be visible on the dashboard

This asynchronous PD activity won't appear in your VET PD profile - but your Certificate of Completion is issued instantly upon completion of the course.

The 'Date Issued' on your Certificate is recorded in Coordinated Universal Time (UTC). For local Australian time, please add the relevant time offset (e.g., +9.5 hours for ACST)

  • AEST is equal to UTC plus 10 hours (UTC +10)
  • ACST is equal to UTC plus 9.5 hours (UTC +9.5)
  • AWST is equal to UTC  plus 8 hours (UTC +8)

Presenters

Rocco Guarnaccia

Other

Rocco Guarnaccia has been actively involved in the vocational education and training (VET) sector for over 30 years as a teacher/trainer, manager, senior executive and co-founder of a registered training organisation (RTO). During this time, he has worked in the government (TAFE), university, private/corporate and non-for-profit sectors in many different roles.

As well as serving on the Melbourne Graduate School of Education Research Committee, Rocco was a member of the Victorian State Committee for ACPET before it changed to ITECA.

He has also undertaken academic research in Advancing interprofessional cultural competence training in allied health programs at The University of Melbourne as well as being involved in the European Union’s Horizon 2020 program: ENLIVEN Policy Trail Review - Transition to Work Community of Practice with the Melbourne Graduate School of Education.

Program

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