COMMERCIAL: Chesterfield Royal Foundation Trust is spending up to £40,000 on consultants to help revise its strategies.

RAD Consulting is being employed to determine the trust’s strategy for the next five years as part of a plan to revise it so it is fit for “a significantly changed landscape since becoming a foundation trust in 2005”.

A document prepared by the consultancy says each directorate strategy should be capable of being described in terms of “their story”, building on their strengths and market opportunities. This will include areas for reduction and cost improvement as well as further expansion and partnership/acquisition opportunities.

The initial cost of the work is £20,000 plus VAT and expenses, up to a maximum cost of £40,000 plus VAT and expenses. The trust proposes that “in view of the urgency of this work, standing orders be waived to allow the quotation to be accepted”.