Case Studies

The IFT Foundation Award - The Royal National College for the Blind

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The Royal National College for the Blind

The highly successful financial and operational turnaround of the Royal National College for the Blind restored financial stability and provided a much needed catalyst for change in this national institution allowing it to continue on its mission to educate and prepare the visually impaired for work into the future. Time critical Bank intervention and an independent assessment of the financial position by EY, combined with a careful process of stakeholder buy-in allowed the management team, bolstered by an IFT member, to implement a rapid operational turnaround delivering a £1.5 million annual improvement in profitability and providing confidence for a long term financial restructuring.