Business Intelligence

Boosting the Bottom Line

Auxiliary services as revenue generators and resource savers

As the name reveals, auxiliary services will never be directly related to the core mission of colleges and universities. But as ever-tightening resources have become the reality for institutions, the revenue-generating possibilities for these departments have become more important than ever.

Spending Time on the Spending Policy

Rules to live by

In light of the current economic conditions and the decreased value of most endowments, many organizations are re-examining their investment strategies. Often overlooked: Spending policies must have not just the proper annual spending amount but also be adequately defined. 

Top 10 Resource Wasters

A hit list for reducing work for students and financial aid staff

Given federal and state regulations­, especially now, there are many policies and procedures related to applying for, awarding, and disbursing aid that can’t be avoided. Still, in our travels, we often see aid offices making unnecessary extra work for themselves or students by clinging to outdated procedures or implementing policies for the entire student body because of concerns that impact only a select few. Scannell & Kurz has compiled this “hit list” of time—and money—wasting policies and procedures that should be reconsidered:

Ann McClure's picture

Analytics Goes to the Head of the Class at Northwestern University

Northwestern University and IBM today announced they are collaborating on new business and technology curricula to help students gain the latest skills in business analytics. The new courses of study, Masters of Science degree programs with analytics concentrations in the McCormick School of Engineering and Applied Science and the School of Continuing Studies, will better prepare students, and current professionals, who are seeking new analytics skills for today's competitive job market.

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TLP: Redefining College Towns for the 21st Century

Online education’s impact and how college towns can reinvent themselves

Growing numbers of students came to campus this fall, as they have for over half a century. The beginning of school year ritual seems to go on forever, but for the first time, there are signs that, in its present form, it won’t. And it is the oft-ignored college town outside the campus that will be most affected.


Treasure Island: The Next Generation of Cost-Conscious Colleges and Universities

Steve Jobs once opined, “It’s more fun to be a pirate than to join the Navy.” Today, this classic metaphor provides us with a cogent expression of Jobs’ counter-intuitive resistance to the temptation of conformity, and his passionate desire to explore uncharted territory and discover unfound treasures.

Time to Get Strategic With Content

Why it's worth the investment and how to get started

How many 140-character messages were tweeted today? How many posts have been published in the past 24 hours? How many photos have been posted, and liked, on Facebook since yesterday? Hundreds of thousands, if not millions.

The “Rugged Individualist” versus the “Ivory Tower”

How the consumerist paradigm threatens higher education in America

Deep admiration for the self-made men and women of business is all but encoded into Americans’ DNA. This is all well and good. Where would we be if innovators like the late Steve Jobs were reviled instead of admired? Where would our colleges and universities be without the businesslike approach to management that has become their hallmark?


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Paul Smith’s College Builds Institutional Efficiency with Predictive Analytics

Since using the Rapid Insight analytic software in 2009, Paul Smith’s College has realized a return of investment of over $500,000 and a significant increase in time savings and efficiency.

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Industry Leaders’ Advice on Using BI Tools Effectively

Institutions should invest as much effort in “getting to their data” as they do in choosing and installing a business intelligence tool, says Daryl Orts, vice president of engineering technologies at Noetix.

“Good data models are essential, whether you’re doing real-time operational reporting, building a data warehouse, or both,” Orts relates.

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