Procurement description
The Financial Reporting Council (FRC) regulates auditors, accountants and actuaries and sets the UK's Corporate Governance and Stewardship Codes. As the Competent Authority for audit in the UK, we set auditing and ethical standards and monitor and enforce audit quality.
The purpose of the FRC is to serve the public interest and support UK economic growth by upholding high standards of corporate governance, corporate reporting, audit and actuarial work.
Our people are our strength, and we have been working over several years to improve our culture, diversity and approach to leadership development. We require Leadership Development Training Services (specifically, for those in senior leader roles whether established, new recruited or newly promoted). We intend to have an additional supplier(s) for a structured programme of leadership development so that our senior leaders can engage with leaders at a similar job level/grade across other sectors and have the option to undertake this type of training in a residential as well as online setting.
We have identified the need to appoint a preferred supplier(s) to facilitate the training needs of senior leaders within our organisation on a 'needs when' basis. Whether this be for established FRC leaders, those recruited into senior roles or those internally promoted into senior leadership roles.
The aim of the leadership development is for the FRC delegate to develop and enhance skills which will enable them to lead in times of uncertainty and ambiguity and ensure organisational agility in an ever-evolving financial landscape.
The programme should be: -
• Established with a track record of successful learning outcomes
• Experience of designing and delivering leadership programmes across the public, regulatory and financial services sectors
• Commitment to cross sector diversity
• Applicable for all leaders at senior level
• Referencing to the importance and impact of good practice around Diversity, Equality and Inclusion (DE&I)
• Relevant and Focused (on key leadership challenges and skills), not necessarily sector specific
• Developing skills including, but not limited to, effective communication, creating high performing teams, critical thinking, problem solving and decision making, strategic planning and execution, personal influence, digital savviness and future proofing.
• Open/public cohorts to enable cross sector/organisation interactions (i.e. not just FRC delegates)
• Option of different delivery methods, face to face / online / residential with mixed delegate groups. (i.e. not just FRC delegates)
• Proportionate in terms of length / time commitment. 9 months maximum
• Cost effective
• Create a safe space on the programme for delegates to share leadership challenges
• Provides a structure to enable delegates to embed learning/action planning
• Provides opportunity to hear from very senior leaders across a range of sectors about leadership
• Provides a mechanism to build and develop networks after conclusion of the programme and keep in touch with provider