June 13, 2014 A NEW FORMULA FOR ENROLLMENT MANAGEMENT Presentation by John Maguire for The American Association of Colleges of Nursing Partnering with Liaison International How Inequality Poisons Everything Equality and Better Societies www.equalitytrust.org.uk 4-19-2010 A presentation by: Jack Maguire Chair and Founder, Maguire Associates, Inc. “The test of our progress is not whether we add more to the abundance of those who have much, it is whether we provide enough for those who have too little.” - Franklin D. Roosevelt Roosevelt Memorial, Washington D.C. © Maguire Associates 4 © Maguire Associates 5 © Maguire Associates 6 © Maguire Associates 7 © Maguire Associates 8 © Maguire Associates 9 + 400% + 400% + 150% © Maguire Associates 0% -23% 10 © Maguire Associates 11 Federal Income Tax – Top Brackets 1918 - Present 100% 94% 90% 80% 91% 77% 70% 70% 60% 50% 50% 30% 39.6% 38.5% 40% 35% 39.6% 25% 24% 20% 10% 0% © Maguire Associates 12 Unemployment Rates in the U.S. for Workers in Selected Deciles of the Household Income Distribution, 4 th Quarter 2009 (in %) 35.0% 30.8% 30.0% 25.0% 19.1% 20.0% 15.0% 12.2% 10.0% 7.8% 5.0% 5.0% 4.0% 3.2% 0.0% Lowest ($12,499 or less) Second ($12,500 to $20,000) Fourth ($30,000 to $39,999) Sixth ($50,000 to $59,999) © Maguire Associates Eighth Ninth Top ($75,000 to ($100,000 to ($150,000 or $99,999) $149,999) more) 13 Unemployment Rates in the U.S. for Workers in Selected Deciles of the Household Income Distribution, 4 th Quarter 2009 (in %) 35.0% 30.8% 30.0% 25.0% Laborer (min. wage) Social worker ($20-$50k) Surgeons, $400-$500k CEO (highest paid in 2008 = 112.5M) Athletes, Movie Stars Nurses &Teachers 19.1% 20.0% 15.0% 12.2% 10.0% 7.8% 5.0% 5.0% 4.0% 3.2% 0.0% Lowest ($12,499 or less) Second ($12,500 to $20,000) Fourth ($30,000 to $39,999) Sixth ($50,000 to $59,999) © Maguire Associates Eighth Ninth Top ($75,000 to ($100,000 to ($150,000 or $99,999) $149,999) more) 14 © Maguire Associates 15 © Maguire Associates 16 = Red States = Blue States © Maguire Associates 17 © Maguire Associates 18 “The rich developed societies have reached a turning point in human history. “Politics should now be about the quality of social relations and how we can develop harmonious and sustainable societies.” © Maguire Associates 19 “Education, beyond all other devices of human origin, is the great equalizer of the conditions of men.” ~ Horace Mann (1848) © Maguire Associates 20 EDUCATION AND EQUALITY Research Challenges 1. Standardized Tests and Equality Correlation with Income Control for Income? Social Mobility 2. Definitions of Quality Motivation, Effort, the “Delta” 3. ACT vs. SAT – Is there a less income-dependent measure? 4. Optional Standardized Tests Evidence of Reduced “Quality” Evidence of Enhanced Diversity 5. U.S. News Rankings The Hidden Variable (Endowment) Retention as the Dominant Measure © Maguire Associates 21 EDUCATION AND EQUALITY 6. Outcome Variables National Survey of Student Engagement Methodological Issues Student Satisfaction 7. Homework, Achievement, and Stress Time as a Critical Variable Practice Makes Perfect (or Permanent) Parental Engagement First Female Underachievement, Now Male Homework Down, Stress Up – Why? 8. Teaching – the Noblest Profession Who Enters the Profession? Teacher Training KIPP and Teach for America What Makes a Great Teacher? © Maguire Associates 22 EDUCATION AND EQUALITY 9. Teaching vs. Law/Medicine/Investment Banking Does Money Matter? 10. STEM (Science, Technology, Engineering, Mathematics) Here, Time Matters! Minorities, Women Our Global Position 11. AGI, ARS, the Stimulus Funds What Will Really Enhance Access, Retention & Success? What Partnerships are Optimal? 12. Strategic Pricing, “Merit Aid,” and Endowment The Leaders in “Merit Aid” “Haves” and “Have Nots” Ethical Issues Endowment and “Sand to the Beach” Pell Eligible and the “Billion Dollar Club” © Maguire Associates 23 EDUCATION AND EQUALITY 13. Need-Blind Admission Meeting Full Need vs. Gapping Admit/Deny vs. Deny/Deny 14. The Recession and Student Choice Marketing of Net Price The Net Price Estimator/Calculator Income-Driven College Selections 15. Global (Competitive) Environment “My Lazy American Students” What Can We Learn from Other Countries? © Maguire Associates 24 June 13, 2014 A NEW FORMULA FOR ENROLLMENT MANAGEMENT Presentation by John Maguire for The American Association of Colleges of Nursing Partnering with Liaison International © Maguire Associates 25 Original Synergies The term “Enrollment Management” was first used in a 1976 article in Boston College’s alumni magazine. © Maguire Associates 26 Original Synergies © Maguire Associates 27 Original Synergies © Maguire Associates 28 Are We Losing Control? Today, colleges and universities face unprecedented challenges that undermine their sense of institutional control. © Maguire Associates 29 Stealth Applicants When more and more candidates for admission are “stealth applicants” who, having researched the school on the Internet, fly in under the institutional radar . . . How does the school control its student recruitment and messaging? APP © Maguire Associates 30 What a Wicked Web When any rumor – whether true or false – can be posted by anyone, gain traction and spread virally through an ever-expanding universe of online social networks . . . How does a school control its institutional reputation? © Maguire Associates 31 Rankings Tyranny When third-party entities like U.S. News & World Report have so much influence over public perception of relative institutional quality that they can seduce institutional leaders to “game the system” in ways that actually undermine the school’s mission . . . . How can a college or university control its distinctive identity and promise? © Maguire Associates 32 Is It Enrollment Marketing Now? As a result, in far too many schools, Enrollment Management has become synonymous with a narrow view of Marketing that is more about gaining short-term competitive advantage at the point of enrollment and less about finding the best fit between school and student to the long-term benefit of each. © Maguire Associates 33 Original Synergies © Maguire Associates 34 The Traditional Enrollment Funnel An image borrowed from business marketing. Prospective students are like “sales leads” that become increasingly “qualified” as they move through successive stages. Thereby meriting an increasing expenditure of time and money to convert them into enrolled students. The funnel implies completion of a one-time sale at the point of enrollment. © Maguire Associates 35 The Multi-Funnel Model A considerable improvement over the single funnel model. Adopts a life-cycle perspective. Provides entry points at different phases. Speaks to who is making decisions at each phase. Allows institutional agency in promoting conversions. © Maguire Associates 36 Is That Your Funnel Answer? The Funnel is an outmoded, defective metaphor. © Maguire Associates 37 Is That Your Funnel Answer? The Funnel is an outmoded, defective metaphor. It does not account for outflows and “nonflows.” © Maguire Associates 38 Is That Your Funnel Answer? The Funnel is an outmoded, defective metaphor. It does not account for outflows and “nonflows.” But, worst of all, it perpetuates a simplistic focus on conversions at the point of student enrollment. © Maguire Associates 39 Dark Matter Populations PROSPECTS NOT TARGETED TARGETED PROSPECTS WHO NEVER INQUIRED The Enrollment Cosmos INQUIRERS WHO NEVER APPLIED ENROLLEES WHO NEVER GRADUATED APPLICANTS NOT ADMITTED ADMITS WHO NEVER ENROLLED © Maguire Associates ALUMS NOT SUPPORTING 40 The Dark Matters These “dark” populations matter for two very compelling reasons. They can teach us. Shining the light of analysis on these dark matter populations can yield many valuable insights – both tactical and strategic. They are markets. These populations continue to be audiences and potential markets for the school’s programs and services. © Maguire Associates 41 Communities Are Where You Find EM We need to go beyond the traditional notion of enrollment into student communities to include enrollment into all sorts of communities that provide other critical benefits to the institution. Student/Client Communities Support Communities Reputational Communities Goodwill Communities © Maguire Associates 42 Communities Are Where You Find EM We need to expand our thinking to include the cultivating, nurturing, and leveraging of a Community of Communities (C²) that includes communities of influence, as well as communities of students, faculty, alumni, advocates, stewards, donors, etc. EM=C² is our name for this reformulation of Enrollment Management – a new EM with Community at its core. © Maguire Associates 43 It doesn’t take an Einstein… . . . to know that Enrollment Management needs to be reformulated for the new world of higher education – a world in which virtual communities proliferate, global boundaries are erased, “stealth applicants” abound, and U.S. News, Twitter and Facebook shape the expectations of those making college choice decisions. 44 EM=C2 E= A New Formula for Enrollment Management Enrollment redefined and broadened to describe, from the community member’s perspective, a process of joining, experiencing, contributing to and transitioning from all kinds of virtual and physical communities. M= Management redefined and broadened to describe, from the institution’s perspective, a process of understanding, inspiring, engaging and leveraging all kinds of virtual and physical communities. 2 C = Community of Communities where the institutional community is redefined as the current expression of mission and values that inspire and hold together its various affiliated communities over time. © Maguire Associates 45 The EM=C2 Matrix E-Axis M-Axis A conceptual framework to facilitate thinking and strategizing around this new formula for EM. The vertical E-Axis displays four phases of Enrollment in communities. The horizontal M-Axis displays four dimensions of Management of communities. The 16 points of intersection provide myriad opportunities to put EM=C² into practice. © Maguire Associates 46 The EM=C2 Matrix E-Axis M-Axis © Maguire Associates 47 The M-Axis ENGAGING Communities Communities are self-sustaining only to the extent that they are engaged by the institution in ways that produce satisfying experiences and reinforce loyalty. Institutional leaders must constantly examine how well the school is meeting the needs of all the communities it serves: students, parents, faculty, alumni, donors, and so many others. © Maguire Associates 48 The M-Axis ENGAGING Communities At critical “touch points” when students and other constituents make specific requests of the institution, how timely and effective is the response? Is the school missing opportunities to make those experiences positive ones? The Satisfaction-Retention Matrix can help think through how the school can better engage students and other communities. © Maguire Associates 49 The M-Axis ENGAGING Communities SatisfactionRetention Matrix © Maguire Associates 50 The M-Axis ENGAGING Communities SatisfactionRetention Matrix © Maguire Associates 51 The M-Axis ENGAGING Communities SatisfactionRetention Matrix © Maguire Associates 52 The M-Axis ENGAGING Communities SatisfactionRetention Matrix © Maguire Associates 53 The M-Axis ENGAGING Communities SatisfactionRetention Matrix © Maguire Associates 54 You Gotta Love IT Advances in Information Technology – especially the emergence of integrated databases – make possible a wealth of new knowledge and insight about the many communities served by the institution. Without these IT tools it would be far too difficult to keep track, much less make sense, of the multiplicity of individual and community interactions. Fortunately, these myriad interactions leave behind a digital data trail. And this data trail contains interpretive information. © Maguire Associates 55 Original Synergies © Maguire Associates 56 Original Synergies © Maguire Associates 57 Implementing EM=C2 Translating EM=C² theory into practice requires strong, energetic leadership to overcome the “silo mentality” that so often characterizes colleges and universities. Other organizational mechanisms have also proven useful: – – – – adhocracies integrated systems dashboards, templates, common metrics new silo-spanning positions © Maguire Associates 58 Putting EM=C2 to Work So, how in practical terms might this new approach to Enrollment Management work? © Maguire Associates 59 The EM=C2 Matrix at Work Train “front-line” staff (employees and volunteers) to seek out in their interactions with the school’s various constituencies an improved understanding of how the school is or is not meeting their needs and expectations. Multiple Community FULFILL Phase © Maguire Associates 60 In Conclusion After 35+ years, Enrollment Management has only begun to fulfill its potential as a professional discipline. The time is ripe to assert a new, multidimensional, nonlinear approach that embraces the reality of a global, socially-networked marketplace, and does so in large part by harnessing the power of the information technologies that enable and track the behaviors of its many communities. © Maguire Associates 61 In Conclusion This EM=C2 approach seeks to influence rather than control these communities – through data-driven insight, values-based inspiration, highly responsive assistance, and flexible facilitation. © Maguire Associates 62 Questions