PROJECTS

Financial Sustainability Strategy for Open Polytechnic, New Zealand

The problem

New Zealand Open Polytechnic’s financial viability and sustainability were at risk in the long-term. The government-owned tertiary education institution had 40 loss-making programs that had low enrollment and threatened its financial sustainability.

How we helped

Castalia recommended terminating 8 programs where the loss in revenue was lower than the costs saved. To achieve this, we reviewed the cost structure of Open Polytechnic’s programs and courses. We assessed the factors that drive costs and identified programs that did not contribute sufficiently to the overhead and fixed costs. We reviewed the level of enrollment in programs and determined the revenue that could be lost if some programs were closed.

Impact

Open Polytechnic acted on Castalia’s advice to optimize its course selection and restructure courses. The 8 programs we recommended for closure are no longer offered at institution and the institution is financially sustainable.

The client

Open Polytechnic

Our team

Alex Sundakov

Executive Director

David Ehrhardt

Chief Executive

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How can we help you?

How can we help you?

WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America

SYDNEY
+61 (2) 8075 4654
Suite 3652, Level 36, Gateway
1 Macquarie Place
Sydney NSW 2000
Australia

AUCKLAND
+64 (4) 913 2800
Sinclair House, 3 Glenside Crescent
New Zealand

WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand

PARIS
+33 (0)1 85 64 10 22
3B Rue Taylor
France

BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-121
Colombia

Thinking for a better world.

PROJECTS NEWS BLOG CONTACT

© Copyright 2019 Castalia. All rights reserved. Terms | Privacy | Credits | Sitemap

WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America

SYDNEY
+61 (2) 9231 6862
Suite 19.01, Level 19, 227 Elizabeth Street
Australia

AUCKLAND
+64 (4) 913 2800
74D France Street, Newton South
New Zealand

WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand

PARIS
+33 (1) 73 44 26 97
6 Rue Duret
France

BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-127
Colombia

Thinking for a better world.

PROJECTS NEWS BLOG CONTACT

© Copyright 2019 Castalia. All rights reserved.

Terms | Privacy | Credits | Sitemap