DRIVING ECONOMIC GROWTH 2010 - 2011 ANNUAL REPORT ADMINISTRATIVE SERVICES ASSOCIATE BOARD OF VICE PRESIDENTS & CAMPUS DIRECTORS DEANS COUNCIL DIRECTORS DIRECTORS Pamela L. Schwann Academic & Research Controller SIAST Palliser Campus, Chair – Saskatoon Associate Vice President Patsy Gilchrist Moose Jaw Arnold Boldt Donna L. Birkmaier Donor & Alumni Peter Lapointe Saskatoon Basic Education, Dean Relations, Director SIAST Kelsey Campus, Della Anaquod Pam McLellan Ralph Boychuk Saskatoon Prince Albert Business, Dean Employee Relations, Director Gerry Bonsal Dan MacKay Don Soanes SIAST Wascana Campus, Neil Buechler Regina Saskatoon Business Development Enterprise Risk and Advancement, Management, Director Bill Coulthard Brenda FitzGerald Associate Vice President Ron Colin SIAST Woodland Saskatoon David Harvey Facility Management & Campus, Prince Albert Terry Parker Community Planning, Executive Director Larry Fladager Regina Services, Dean Mark Fachada Rhonda McCorriston Gay Patrick Financial Planning, Director is Saskatchewan’s primary public Regina Industrial Training, Dean Sean Engemoen Dennis Johnson institution for post-secondary technical Brenda Stevenson Financial Services, education and skills training, recognized Cowessess First Nation Nursing, Dean Associate Vice President Dr. Netha Dyck Cheryl Schmitz nationally and internationally for its expertise Brent Waldo Moose Jaw Science & Health, Dean Health and Safety, Director and innovation. More than 15,000 students Lynda Kushnir Pekrul Edward Lloyd Jaelyn Willness were enrolled in SIAST programs in the Saskatoon Student Affairs, Associate Human Resource Advisory Vice President Services, Director most recent academic year; additionally, the Susan McIntyre (acting) Terence Carswell organization drew almost 25,000 individual Technology, Dean Human Resources, course registrations. Through program and Jamie Hilts Associate Vice President Gary Earles course registrations, SIAST served almost SENIOR Information Technology 26,000 distinct students with programs that MANAGEMENT ACADEMIC Services, Associate COUNCIL DIRECTORS Vice President touch every sector of the economy. SIAST Applied Research Garth McCormick President & Chief operates campuses in Moose Jaw, Cristina Holguin-Pando ITS Architecture, Applications & Executive Officer Data Services, Director Prince Albert, Regina and Saskatoon, and Dr. Robert G. McCulloch Instructional & Leadership Development Centre Raymond Saunders provides a number of courses and programs Provost and Vice Rod Goertzen ITS Client & Infrastructure through distance education. President, Academic Services, Director David Walls Learning Technologies Vacant Lawrence Boehm Vice President, Library Services People Strategies, Director Administrative Services Terry Foulds (Acting) Marine Perran Heather West Registrar Public Affairs, Kathy Larsen Executive Director Patricia Gillies Student Development Brian Henderson (Acting) SIAST Kelsey Campus (Saskatoon) SIAST Woodland Campus (Prince Albert) SIAST Administrative Offices Idylwyld Drive and 33rd Street 1100 - 15th Street E 400 - 119 4th Avenue S PO Box 1520 PO Box 3003 Saskatoon SK S7K 5X2 Saskatoon SK S7K 3R5 Prince Albert SK S6V 6G1 306-933-7332 306-659-4300 306-765-1500 SIAST Palliser Campus (Moose Jaw) th SIAST Wascana Campus (Regina) Saskatchewan Street and 6 Avenue NW 4500 Wascana Parkway PO Box 1420 PO Box 556 Moose Jaw SK S6H 4R4 Regina SK S4P 3A3 306-691-8200 306-775-7300 CONTENTS 1 Letter of Transmittal / Understanding This Report 2 Board of Directors / Vision, Mission, Values 3 Message from the Chair and President & CEO 6 Primary Outcomes 10 Strategic Theme One: Building Successful Careers 14 Strategic Theme Two: Advancing Economic and Social Prosperity 18 Strategic Theme Three: Leveraging Educational Innovation 22 Strategic Theme Four: Leading Organizational Effectiveness 26 Statistics 29 Financials 30 Management Discussion and Analysis 34 Management Report 35 Auditors’ Report 36 Statement of Financial Position 37 Statement of Operations 38 Statement of Changes in Net Assets 39 Statement of Cash Flows 40 Notes to Financial Statements 1 LETTER OF TRANSMITTAL letter of transmittal / understanding this report 400 –119 4th Avenue South Saskatoon SK S7K 5X2 September 30, 2011 The Honourable Rob Norris, Minister Saskatchewan Advanced Education, Employment and Immigration Regina SK S4S 0B3 Dear Minister: On behalf of the board of directors of the Saskatchewan Institute of Applied Science and Technology (SIAST), and in accordance with the provisions of The SIAST Act, I am pleased to submit the annual report and audited financial statements of SIAST for the fiscal year ended June 30, 2011. Respectfully submitted, Pamela Schwann, Chair SIAST Board of Directors UNDERSTANDING THIS REPORT Before reading this annual report, it’s essential to understand SIAST’s planning and reporting approach is based the planning process that precedes it. SIAST uses a three- on a balanced scorecard framework that links part planning process that aligns business activities and strategy implementation with organizational goals and strategic initiatives with the organization’s long-term vision. initiatives. It allows SIAST to look at its business from The foundational element for this process is a 10-year four perspectives: clients; internal processes; people, strategic vision that sets out four strategic themes. An leadership and growth; and enterprise sustainability. annual operating and capital plan (OCP) translates the In 2010-11 a balanced scorecard measures team was strategic vision into action, detailing planning assumptions formed to recommend key performance measures for and assigning resources to advance new strategic initiatives each of SIAST’s strategic goals. The results of the and support ongoing activities. Initiatives are organized in the team’s work will be presented to the SIAST board of OCP under 18 strategic goals, each of which relates to one directors for approval at its November 2011 meeting. of the four themes from the strategic plan: Finalizing and approving targets for the measures will 1. Building successful careers take place in 2012 and beyond. 2. Advancing economic and social prosperity Additionally, in 2010-11, SIAST made significant 3. Leveraging educational innovation progress toward aligning its enterprise risk 4. Leading organizational effectiveness management (ERM) approach with its strategic The third component of SIAST’s planning process is an planning process. More information about ERM is operations forecast, which summarizes key challenges included under Management Discussion and Analysis and opportunities for planning purposes. in the Financials section of this report. The first section of this annual report highlights initiatives For copies of SIAST’s strategic plan, OCPs, related to the four strategic themes listed above. The second operations forecasts and previous annual reports, section provides comparisons of key student, employee please visit http://www.siast.sk.ca/about/ and employer data, and the third section reports on financial reports_statistics/reports_stats.shtml. performance, comparing it to previous and planned results, and providing analysis of variances. BOARD OF DIRECTORS 2 Pamela L. Schwann, Chair Donna L. Birkmaier Ralph Boychuk Neil Buechler Craven Saskatoon Prince Albert Saskatoon Brenda FitzGerald Terry Parker Gay Patrick Brenda Stevenson Saskatoon Regina Regina Cowessess First Nation Brent Waldo Jaelyn Willness Moose Jaw Saskatoon VISION, MISSION, VALUES Vision Values A global leader in innovative • Ethics. We adhere to high • Leadership. We achieve results by education, valued for student standards of ethical behaviours working effectively with others to success and advancing social and personal accountability. We engage, support and inspire action. and economic prosperity. do the right thing based on sound We motivate others through our principles, good character and vision, our courage to take risks Mission caring for others. and our commitment to our goals. SIAST is Saskatchewan’s primary • Innovation. We encourage • Communication. We engage in public institution for the entrepreneurial thinking that honest, focused consultation and development and delivery of post- cultivates creativity, agility and in the open exchange of ideas to secondary technical education ongoing learning in the pursuit inspire informed decision making, and skills training. We share of excellence. build relationships and foster knowledge, provide skills training • Diversity. We embrace diverse authentic partnerships. and engage in applied research, cultures, heritages and opinions in meeting the needs of students, our efforts to enrich the learning employers and communities. and work environment and foster inclusive decision making. 3 MESSAGE & ceo the chair and president / vision, mission, values message from of directors board from the Chair and President & CEO As Saskatchewan’s economy has surged ahead, As the demands of our increasingly dynamic economy outperforming many jurisdictions across North have accelerated, SIAST has expanded capacity, America, SIAST has kept pace. The organization has developed new programs and realigned its program been agile and responsive in providing the province’s mix to equip both students and employers with the diverse labour market with the breadth and depth ability to capture new opportunities. Already one of of technical education necessary for economic and Saskatchewan’s largest post-secondary institutions social prosperity. – and one of