Just squeezing a late entry in between client locations!
Referring to a story that is continuing to attract attention regarding the Carter & Carter debacle and Newcastle-on-Tyne College's acquisition of the rump of the business. (see my previous blog entries (i) 'Train to Gain comes off the rails' and (ii)'Carter & Carter - a sad demise' , if you wish to refresh).
Today a further article entitled 'Newcastle College's purchase of Carter & Carter means it now has a nationwide empire'. Interesting title I thought...
I did raise the question of a local regional college suddenly having a national presence and wondered as to the implications? I have nothing against Newcastle College's bold adventure but I am perplexed as to the rationale for the Carter & Carter purchase on a national basis.
Having highlighted the issues regarding the ability to lose money on Train to Gain initiatives I am more interested to see the reaction of other colleges where Newcastle have effectively acquisitioned on their 'territory'. You see part of the Carter & Carter empire had training offshoots in Derby, Sheffield, Hounslow, Peterborough, Nottingham to name but a few (as the above article points out).
I would have thought from both equitable and risk perspectives, it would have been better to have 'divvied' the remnants of C&C across the various local colleges to absorb?
It makes sense doesn't it? Or have I completely missed something here? Was it such a quick sale that no further thought was applied?
