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Recruiting Intelligence

Budgeting as an Expression of Values: 3 Essential Questions

Worth evaluating: will your 2022 student recruitment plan and budget be relevant for 2023?

Some are saying Search is dead. It is certainly getting increasingly complex. And hello ChatGPT.

An old Chinese adage (loosely translated): May you live in interesting times. The original idea from Ming Dynasty Poet Feng Menglong in1627, "Better to be a dog in times of tranquility than a human in times of chaos." (寧為太平犬,不做亂世人 – thank you Wikipedia!)

The good news: not everything changes. The core questions you use to evaluate next steps remain the same. The truth is, no matter the tactics your strategic plan includes, the framework for budget planning and evaluation is (or should be) constant. If it’s not, let’s talk.

That’s why “3 Essential Budget Questions: A Framework for Planning” is one of our top go-to downloads. And why we often give it a reboot around budget season.

This free download distills any budget request/evaluation process into three essential questions. A quick 2-minute read, our framework for evaluating your plans and whether they merit additional investment, narrows your focus on a consideration of what is truly important to you. Where are the strongest opportunities for growth? What do you truly value? And are you performing at the level that produces desired results? 

Here's the thing, if you are not willing to fund something to get the results you want, then you don’t value those desired results as much as the thing you do decide to fund. What went into that decision? All too often, institutional politics carries more weight than an evaluation of values and growth opportunities. Ouch!

This download will be available for free to our blog subscribers for a limited time. Or, join Intead Plus and your team can access this and all our other Intead Index student recruitment essentials any time the need arises (annual budgeting, new team member training, etc.).

Ready to get your copy of Intead’s budget framework flowchart? Read on

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How to Say 'No' to Ideas That Aren't Good Enough (Reboot)

Leaders of the student enrollment revolution, we’re here for you.

With so much planning going on for an enrollment cycle so very in flux, and past trend data not quite so predictive as it used to be, we thought now would be a good time to reboot one of our most popular posts, “How to Say ‘No’ to Ideas That Aren’t Good Enough.”

It should be a helpful tool at a time when focus is essential in the midst of so many #EdTech solutions and platforms for recruitment and enrollment continually seek your attention.

Read on for the 5 questions every leader must ask and every department must answer when presented with new plans – those that seem great, not so great, or maybe just crazy enough to work.

Join us at #Nafsa2022 in Denver where we will be offering up four presentations with a range of partners on everything from innovative influencer marketing to new ways to maximize the talent of your global recruiting agent network. We'll be focusing on the need for flexibility throughout your student recruitment and enrollment efforts. Schedule a meeting with a simple email.

We’re here to help you focus on the initiatives that will produce results and justify that budget.

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Student Recruitment Mistakes of the Desperate: Part 2

This week we are continuing our two-part series on the all-too-common mistakes that happen when recruitment professionals are caught between increasing strain on limited budgets and rising enrollment demands. Didn't get the chance to read part one? You can do so here.

As you read this series, you might think, "yep, I've been there..." or "hey, I would never do that!" ... Either way, as you and your team navigate the uncertain waters of 2021, there is value in strategizing around these common pitfalls as you keep your eyes on enrollment growth.

And if you’re looking for more resources and perspective for your team, we hope you’ll join us for our two virtual sessions at NAFSA 2021 in June.

  • In Achieving Global Agility: The Flexibility of Global Campus Options, we’ll be joined by Seamus Harreys from CIEE and Ita Duron from Massachusetts College of Health and Pharmacy Sciences for a discussion on the challenges and opportunities of delivering your academic programs on remote campuses (think: Shanghai). First-hand experiences shared.

  • We’ll also be presenting with David DiMaria from University of Maryland, Baltimore County on strategies to help your institution’s international recruitment efforts thrive, even during challenging times, in Going from 0-60: Internationalization. We’ll be talking all things strategic partnerships, team management strategy, techniques for building that all-important leadership buy-in, and the global marketing efforts that pay off.

Let's get into it — Part 2 of recruitment mistakes of the desperate... 

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Student Recruitment Mistakes of the Desperate: Part 1

Many enrollment leaders are reporting terrific application rates for fall 2021, which is certainly welcome news. Campus enrollment numbers look promising for a number of reasons, primary among them:

  • Campuses are planning to open this fall with in-person learning as an option — highly desirable after this past year’s Zoom school.
  • Prospective students look like they will find summer jobs (unlike last year), suggesting they can afford to return to university.

However, there is plenty we do not know as we write this post in early May 2021.

Where India looked like they had successfully kept COVID-19 at bay, more recently, the country has become inundated. As of this writing, many areas of Canada are taking significant precautions to stem the spread. Here in the US, there is a common expectation that the country is on a positive trajectory with regard to the pandemic, and yet, India and Canada thought they were in the clear not too long ago. Our point: the future is murky.

With ambiguity, comes fear and inaction for some; for others, opportunity.

Let’s assume that as summer 2021 hits, your enrollment numbers are not where they should be. Budget dollars are extremely tight. And yet, growth is demanded. What to do?

Often (more often than we all care to admit and especially in times of crisis like we’ve experienced in the past year), we are approached by academic leaders from institutions around the world who are desperate and seeking student recruiting advice.

More often than not, institutions are hung up on the common challenges of people, tools, and budget. This is true of most service industries (and, in fact, product driven industries as well). There is no lack of ideas and opportunities. The only thing holding them back is the difficulty of aligning the team (people) and willingness to risk the funds (because there are no guarantees of success).

Note, an A-level team with B- or C-level tools will still crush it. B-level team with A-level tools? Not so much.

Back in 2018, we published a two-part “Mistakes of the Desperate” series, discussing the all-too-common mistakes we witness academic leaders making as they navigate enrollment challenges. Those who have been in the industry for a number of years have seen this state of affairs at different times: the pressure to produce without the time and resources to do it right. And looking back at those times, we all know what the result was: ineffective and disappointing.

In this particularly dynamic time for student enrollment and with so much ambiguity around what will happen next, we think this series deserves a second look as your team gears up for the next recruiting cycle. 

And for additional resources for your team navigating this challenging year, we hope you will tune it for our two sessions at the upcoming annual NAFSA (virtual) conference in June:

  • Achieving Global Agility: The Flexibility of Global Campus Options on the value of global campuses and how to implement them in a nimble, flexible way (presenters: Intead with Seamus Harreys from CIEE and Ita Duron from Massachusetts College of Health and Pharmacy Sciences University); and
  • Going from 0-60: Internationalization about the challenges and successes of taking your university’s internationalization efforts to the next level (presenters: Intead with David DiMaria from University of Maryland, Baltimore County).

Read on for three common mistakes academic leaders make when desperately trying to improve student enrollment numbers and how your institution can avoid them.

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How to Say 'No' to Ideas That Aren't Good Enough

Brilliant and creative enrollment professionals, we know your pain.

So many great ideas, so little time, and so little budget.

It’s the refrain of higher education (that, and “Don’t talk to me during application season”). And while we know you want to tackle everything with an enthusiastic “yes”, saying “no” more often than “yes” is nearly always required to keep your institution and your strategy on track.

With budget season inching towards the finish line, we know you’re already thinking about putting that budget into action in the new fiscal year. We also know that making the most of that budget will require focus, a concrete plan, and most importantly, that discipline to say “no” to lots of shiny new ideas that pass you by.

Steve Jobs said it best: “Deciding what not to do is as important as deciding what to do.” But with great ideas and options coming at you from all sides, how do you decide what will maximize value for your institution?

With this enrollment cycle murkier than ever and past performance clearly not indicative of future success, turning your gaze on some downhome marketing truths is a good idea.

Read on for five key questions to ask yourself next time that lightbulb moment hits you and your team. Our insights will help you hone your efforts on the ideas that will produce results and justify that budget.

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3 Essential Budget Questions: A Framework for Planning

Is it moving forward? At the pace you want? Are you getting where you need to go?

If you are like most institutions, the answer is, “no.”

Or at least, the answer is, “Not as fast and at the level of quality I need and want.” So, here’s the most important question: Why not?

Budgeting for Student Recruitment

The season is upon us and whether you are submitting your budget for approval or evaluating the budget requests others submit to you, we thought we might offer some insight for your process.

Business school professors love to apply the latest 4 square analysis that simplifies complex industry quandaries. The marketing texts (Kotler anyone?) are full of flowcharts and other grids to help you make sense of the 4 Ps (Product, Price, Placement and Promotion). And then there is the ever-elusive ROI analysis.

And the best line of all that sums up our most cynical fears: We will beat the excel spreadsheet into submission until it tells us what we want to hear.

Oh, those budgeting meetings and the spreadsheet assumptions. How often do we go back at the end of the year and take a look at what we projected and what we actually achieved before we approve the next project budget?

Not often enough and usually not with enough of a critical eye.

Sometimes, having outside expertise performing an analysis or assessment of your processes and capacity against your strategic goals can really help move an institution forward. Send us a quick email to learn more about what Intead can do to help.

Download Intead’s 3 Essential Budget Questions – a 1-pager that offers a simplified approach to considering any budget request/evaluation. With this framework for evaluating your plans and whether they merit additional investment, you’ll take those complex quandaries down to a basic starting point to help identify where the opportunities for growth really are. We think you’ll want to share this one widely.

Read on to access the downloadable chart...

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Zero to Intense Doesn't Work

Been at the gym and seen people working out for what is clearly the first time in a very long time? Have you seen them put the machine on some ridiculously high setting right out of the gate? Disaster waiting to happen, right?

Our regular blog subscribers have heard us talk about testing your digital marketing to international student markets before setting the dial to “intense.” I thought I’d take a moment to explain the rationale and the approach.

Bottom Line: Small marketing tests—that look at the combination of distribution channel, timing, message, content and design—are going to lead you to large scale success if you take the time to do it. To do this well, you need an innovation budget to allow for failure. Yes, failure. Why? Because you learn from failing and when you fail fast and cheap, you achieve success with confidence. With digital, this is the way of things.

What you really want to know: How many clicks? And importantly: How many conversions (applications and enrollments)?

Read on...

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