I am sometimes asked "What type of research should enrollment leaders be pursuing in order to drive strategic direction and operational changes? (OK, perhaps not in those exact words, but you get the picture.)
Some institutions collect data like my 12-year-old does candy on Halloween. Unlike my son, though, who never forgets how to consume his hoarded treats, many colleges neglect to put their intelligence into action. As my colleague Tim Fuller used to say, "You can never have enough data, but you can have too much..." Meditate on THAT one for a minute or two!
It takes discipline and focus to produce the "so what" responsiveness that your research data demands, and another type of discipline to stop yourself from biting off more than you can chew. So then, what is most important for admissions professionals to digest? Here are three out of a short list of worthy research projects from our perspective that can help you prioritize your fiscal and human investments and direct the most consequential efforts from a data standpoint:
* Funnel Performance Analysis - regardless of your student audience type, it is imperative that you exhibit dogged determination to assess the roadblocks and opportunities within your funnel. Do you need more interest at the top? Are you having a hard time getting submitted applications completed? Has your yield percentage dropped off the cliff compared to recent cycles? All these metrics and more within your funnel carry enormous implications on new student enrollment potential and are often only given cursory glances that don't lead to introspection and responsive initiatives. Bonus points if you're able to benchmark against "like" institutions and/or competitors!
* Former Applicant Research - Your institution likely has a National Clearinghouse license. Use it! Determine where your former applicants are attending, and re-recruit especially those at community colleges as transfers. Consider establishing a transfer counselor relationship with them as early as their first semester at the CC, and stay top of mind for when it's time to finish their degree.
* Admitted Student Research - OK, so now those who know me are thinking"Ahhh, here comes the sales pitch buried in the blog". Yup!! Unabashadly, we contend that there is no more valuable audience to gain feedback from than your most engaged prospective student audience, that being your admitted students, whether they chose your institution or not. There is a myriad of data just waiting for you to mine on the college search process, your admissions experience and campus, characteristics important to college-bound students (and parents) and so very much more. Find an avenue to survey them (before they start college) and learn what makes them tick. now THERE is some serious actionable intel that drives recruitment, marketing AND financial aid strategies.
Happy researching to all you data hounds out there, more on this topic to come in future posts...