Scope reduces senior management team to cut costs
Howard Lake | 3 October 2008 | News
Disability charity Scope is to make five senior management posts redundant, including two posts on its executive management board, in an effort to reduce costs in the face of the economic slowdown.
There will also be redundancies in several other back office departments as the organisation streamlines its administration and management functions. It employs around 3,500 staff across England and Wales.
Scope’s running costs are increasing while its key sources of income are declining: legacy income, delays in property sales, and a drop in the value of its investments have all contributed to this drop. In addition, it recognises that “the future impact of the ‘credit crunch’ on fundraising income from public donations also remains uncertain”.
Scope is also undertaking other practical measures to reduce overheads, such as cutting non-essential expenditure and reviewing purchasing arrangements.
The charity says that it does not have “substantial financial reserves”. Jon Sparkes, Chief Executive of Scope, said: “We are taking these difficult decisions now, to help us to better weather the worst of the current economic storm. We will have a leaner senior management team but one which will be completely focused on building on our achievements to date and working in alliance with disabled people to defend their human rights and promote equality”.
www.scope.org.uk
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.