NEW ZEALAND GAZETTE, No. 40 — 5 MAY 2016

• The TEO is capable of delivering the proposed programmes and activities (including capital asset management where applicable) and outcomes.

• The TEO’s proposed programmes and activities (including capital asset plans where applicable) are appropriate in the context of:

  • regional and national needs, including those of employers, businesses or industries relevant to the TEO’s areas of delivery;
  • benefits to learners and the proposed programmes; and
  • the activities of other TEOs.

• The performance indicators used in measuring whether the specified outcomes relating to those tertiary education programmes and activities are being or have been achieved:

  • The TEO’s proposed performance commitments are:
    • designed and presented so that they give clear evidence about the quality of the activity being measured;
    • relevant, so that they give meaningful information about the TEO’s performance against its proposed outcomes;
    • set at a level that represents a meaningful improvement on past performance, especially with respect to outcomes for priority learner groups (including contribution to achieving parity in participation and achievement for Māori and Pasifika); and
    • complete, so that they cover all significant programmes and activities the TEO intends to undertake, and all important dimensions of those activities.

• The extent and nature of a TEO’s consultation over its proposed plan:

  • The TEO has clearly and accurately identified its key stakeholders, including:
    • learners or prospective learners (in particular those who are Māori, or Pasifika, or young people, or who have low levels of literacy, language, and numeracy);
    • employers, businesses or industries relevant to the TEO’s areas of delivery; and
    • relevant communities, including those that support Māori and Pasifika learners.
  • The TEO has ascertained the needs of its key stakeholders, through direct consultation and the use of statistical information about regional or national demographics and employment market demand.
  • The TEO has reviewed its current and proposed plans against the needs of its stakeholders, and has documented what changes it has made, or will make to better accommodate these.
  • The TEO has reviewed its own performance against its current and previous plans.
  • If applicable, the TEO has performed well against its current and previous plans, and in particular has:
    • improved its performance over time (this may include reference to return on investment, for example employment outcomes of its graduates);
    • met its plan commitments and KPIs;
    • demonstrated satisfactory educational performance, including meeting the upper thresholds of the TEC’s Performance Linked Funding framework (for TEOs subject to Performance Linked Funding);
    • demonstrated satisfactory financial performance, including:
      • for tertiary education institutions only, receiving a satisfactory assessment on the TEC’s Financial Monitoring Framework; and
      • for private training establishments only, meeting the TEC’s Prudential Financial Standards for private training establishments;
    • been assessed as satisfactory in terms of its last external review by the relevant quality assurance body;
    • demonstrated good governance and management capability in forecasting, planning, and implementation, and the (where applicable) ability to provide supplementary information such as

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