When you get down to it, you have basically three resources to drive your school’s success:
- Money
- People
- Time
Smart school operators try to get the very most out of their existing resources.
That means before you spend more money on marketing, you get the most out of your current budget; before hiring more people, you get your current staff working on the highest value activities; and before working longer hours, you make the best use of the time you spend working.
We’d like to introduce you to a business process that will enable you to get more out of your existing resources and help you find hundreds of thousands of dollars in lost opportunity.
It’s called the “Enrollment Management Scorecard” (EMScorecard™). There is nothing else like it in the education field. We invented it.
The EMScorecard™ is a best-practices business scanning tool, designed to uncover areas of untapped potential through failings in your Enrollment Management processes. The EMScorecard™ is based on thousands of hours of analysis and testing of the most efficient ways to drive the enrollment management process. Delivery is based upon the Kaizen continuous improvement methodology used today by some of the most successful companies in the world. To paraphrase, Kaizen simply means “many continuous 1% improvements.” Applying a few small process improvements can turn into a 20-30% lift in revenue. With it, we help you find and focus on proven methods of increasing enrollment, revenue and/or profit without spending more on advertising or extra staff.
The EMScorecard™ comprehensive analysis will help you identify:
- Where your greatest operational points of leverage exist;
- Several 1-2% opportunities your school can seize upon and leverage into rapid enrollment growth;
- Key bottlenecks preventing the successful implementation of good ideas; and
- How your school is performing when stacked against competitors.
We’ve found clients literally millions of dollars in untapped opportunity that they had no idea was slipping through the cracks.