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3. You can’t afford an expensive misstep
Earlier this month, the Chronicle of Higher Education published an analysis of data from the Bureau of Labor Statistics indicating higher education institutions have shed main:nth-of-type(1)>*:nth-child(2)>*:nth-child(1)>*:nth-child(2)>*:nth-child(3)>*:nth-child(15)>*:nth-child(1)”>a tenth of their employees since the pandemic began. Data from the National Student Clearninghouse Research Center also indicates undergraduate enrollment main:nth-of-type(1)>*:nth-child(2)>*:nth-child(1)>*:nth-child(2)>*:nth-child(3)>*:nth-child(15)>*:nth-child(2)”>is down 4.4% compared to last year, with freshmen enrollment down 13% and community college enrollment down a staggering 18.9%.
As the pandemic continues, exacerbating budget and enrollment pressures that existed before COVID-19, institutions are likely to face more and steeper budget cuts. Every single resource will count as institutions rebuild themselves in the wake of the pandemic. And in this environment, it’s hard to justify the SIS as an institution’s dominant transformation expense.
The Essential Guide to Cost Containment Strategies for Higher Education
Take back control of your campus data
If sticking with the status quo is the right path for our back-office software, how can we deliver on the transformation mandate? How can we update our infrastructure to support the future we’re building? The answer lies in liberating the data. Freeing data from legacy transactional systems can eek out their lifespan in service to our student-centric agendas at a much lower cost, while at the same time enabling the cross-functional analytics required to inform existential decision-making and strategies.
One university’s campaign to “free the data”
Learn how University of Montana’s moved campus data from siloed and hard-to-access systems to easily access reliable information.
In the decade to come, campuses may differentiate their missions, and business models will undoubtedly shift. At that point, codifying our processes in the workflows of back-office technologies might make more sense. But for today, an investment in main:nth-of-type(1)>*:nth-child(2)>*:nth-child(1)>*:nth-child(2)>*:nth-child(3)>*:nth-child(19)>*:nth-child(1)”>taking back control of campus data is the best step towards playing an active role in shaping your institutions’ tomorrow.
Sustain Student-Centric Innovation
This white paper explores the mandate for student-centric innovation and offers a roadmap for higher education leaders to develop a sustainable digital strategy for the years ahead.
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