Ringa Hora has a statutory role in providing investment advice to the Tertiary Education Commission (TEC). Our investment advice is a key lever for Ringa Hora to support the Services sector in achieving long-term, transformational change in the vocational education system. This report represents our investment priorities for the 2024 funding year. We have identified these priorities through internal development using industry insights from our engagement activities, administrative data and research commissioned by Ringa Hora. We have tested the concepts proposed with the industry where possible through industry engagement hui and partnerships.
This annual report covers the performance of Ringa Hora Workforce Development Council from 1 October 2021 to 30 June 2022. It provides an overview of what we did over the past year to contribute to our Establishment Plan outcomes. The report includes our service performance and financial results. It describes our achievements and challenges and comments on our results.
The operational plan outlines how Ringa Hora Workforce Development Council will impact vocational education and training to meet Aotearoa's future skills requirements for the Service sector.
The approach we are taking to make the Workforce Development Council operational is described in this Establishment Plan. This plan covers the “Establishment Phase” of our WDC, defined by the TEC as the period from 1 July 2021 until 30 June 2022.
A boost for the service sector with the transfer of funding from ServiceIQ to Ringa Hora is designed to support the development of industry specific skills leadership and brokerage projects in partnership with Service industries. In addition to the $3m funding, ServiceIQ has also gifted a series of insights reports as part of the project.
This initial Workforce Development Plan presents a high-level summary of the people working in the Service sector today, the factors shaping the workforce in the coming years, and the actions we could take to develop the future workforce together. As our first plan, it is based on readily accessible, quantitative information, and qualitative insights gleaned from the many early conversations we’ve had with people from the sector.
Our research weaves together qualitative and quantitative information, to understand resilience and mobility in the Service sector, with a particular focus on Māori views and experiences.
