Predictive Models for Academic Resourcing

Posted by William F. Massy on Jun 1, 2021 5:08:47 PM

Computers room at the university or college library

 

University leaders are seriously planning for the post-COVID world.  This world will differ significantly from the old, familiar one.  The possibilities for restructuring academic activities are increasing dramatically as graduate employment patterns shift and faculty and students accept new modes of digitally mediated instruction.  Bob Atkins’ recent blog, “Higher Education:  Are You Ready for the Economic Boom?“ speaks to the opportunities available to institutions that are prepared to launch “different types of programs.”

Topics: Predictive Analytics


Envisioning Alternative Course and Program Portfolios

Posted by William F. Massy on Apr 6, 2021 3:43:44 PM

Future on Pocket Watch Face with Close View of Watch Mechanism. Time Concept. Vintage Effect.The importance of envisioning future course and program portfolios will be familiar to readers of my recent blogs.  Provosts, deans, and others responsible for academic resourcing invest time and money to get better data on their portfolios:  e.g., by using Gray Associates’ Program Economics Platform (PEP).  These data help them identify strategies for improvement, which is especially important given the current Covid-19 disruptions.  We are pleased to introduce PEP+, our new predictive model for envisioning the consequences of changing a school’s lineup of courses and programs, just in time to help mitigate these disruptions. 

Topics: Higher Education, Curricular Efficiency, Predictive Analytics, Academic Program Economics


Higher Education:  Are You Ready for the Economic Boom?

Posted by Bob Atkins on Mar 18, 2021 7:30:00 AM

Business person touching colorful charts and diagrams

 

We have a great deal to be optimistic about in higher education.  For one, most state budgets didn’t fall much and the federal government just gave them billion dollar booster shots.  The U.S. economy is poised for a boom, led by federal spending and pent-up consumer demand.  


Student Demand:   The Critical Metric for Program Investment Decisions

Posted by Bob Atkins on Mar 9, 2021 12:25:54 PM

Hand holding tablet with online business report concept

 

In the face of financial shortfalls, many schools make a fundamental error:  they focus on employment data to find new programs or current programs to grow.  Unfortunately, there is a very limited relationship between employer needs and program margins. 

Topics: Student Demand, Gray Data, enrollment


Will Community Colleges Rally After COVID-19?

Posted by Bob Atkins on Feb 24, 2021 11:15:07 AM

Hand drawing results graph with white chalk on blackboard

We took a look at our data to find out which programs offer the most promise.

Following the 2008-9 recession, enrollment at public two-year colleges and for-profit institutions grew to 7.6 million, up from about 6.4 million in 2007.  Over the following ten years or so, the growth ebbed a bit, but when Covid-19 brought another economic recession, it was expected that community college enrollment would pick up again, especially in Certificate programs–displaced workers would seek short-term training for new jobs.  If you are reading this, you probably know that is not what happened.

Topics: Academic Programs, Program Economics, Coronavirus, Pandemic, Community Colleges


The State of Online Competition for Higher Education

Posted by Bob Atkins on Feb 15, 2021 7:30:00 AM

Young man using a laptop building online business making dollar bills cash falling down. Beginner IT entrepreneur under money rain. Success economy concept

 


In an Online World, Identifying Hidden Competitors is Critical

Posted by Bob Atkins on Feb 8, 2021 8:30:00 AM

Education Concept. Graduating Button on Modern Computer Keyboard.

There is a good chance that you are losing potential students right from your own backyard. In the post-COVID world, online education is growing and the competition for student demand is intense.  Students in your markets may be going right out of your own proverbial backyard, and if you aren’t looking at the right data, you may not even know it, let alone correct for it. Accurate insights are critical for making the most efficient program decisions and investing in drawing your students closer to home.  

Topics: Online Courses, Competition


What is the University's Purpose?

Posted by William F. Massy on Jan 18, 2021 8:30:00 AM

Close up of a bookshelf in library

 

The recent Chronicle of Higher Education/Deloitte report, “The College Business Model in a Crisis,” rekindled my concerns about the ultimate purposes of our enterprise and how these purposes can more effectively guide planning and operational decision-making.  The questions are no longer hypothetical, if indeed they ever were. Will problem-solving triggered by the hyper-disruptive COVID-19 event reaffirm core academic values or will it spawn new business models that, over time, will undermine them?

Topics: Higher Education, 2021, Innovation, Mission, purpose


Looking Ahead to 2021 and Beyond: What’s On Your Radar?

Posted by Dr. Melissa Morriss-Olson on Jan 13, 2021 9:07:22 AM

Mellissas Blog

 

Topics: Higher Education, 2021, Innovation, Looking Ahead


News From the North Pole

Posted by Robert Gray Atkins on Dec 22, 2020 8:20:12 AM


A Little Cheer for a Dreary Year

Santa contemplating free shipping

 

Topics: Employment Trends, Santa, Happy Holidays