What does the future have in store for schools?

Nor can we discount the evolving political scene, which seems likely to impact the finances of many independent schools. It’s vital that senior leaders take time to consider the impact of these and other issues because children – and their schools and education – may bear much of the brunt.

There’s little that individuals or businesses can do about international geopolitical events. But we can certainly develop strategies to minimise our exposure to them, as well as define the triggers for action.

A proper, rigorous approach to risk management may even allow schools to turn some of these difficult situations to their advantage – there are opportunities here, as well as threats.

It's likely that climate change poses a far greater risk to school buidlings, especially older building. If, as the experts suggest, we are entering a period of extreme weather events, a more imaginative approach over and above the regular inspection and maintenance programme is advisable.

It’s important to note that there are bright spots on the horizon. We’re on the cusp of incredible technological change which will allow schools to deliver a lot more bang for the parental buck.