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  • Casual Articles - Advertisers Meet the Educators - An Unlikely Partnership has Arisen and Proven Itself

    The Myth of the Management Team
    Every business has problems. That is why the average life span of a large industrial company is 40 years. Some are learning disabilities where companies are not prepared to learn from their mistakes. They insist on doing the same thing every time. Even when problems occur no one examines the cause of the problem. The problem is an embarrassment that should be swept under the rug and forgotten rather than be used as an opportunity to learn. Handling these dilemmas and disabilities is the Management Team. Below is a quote from Peter Senge’s book “The Fifth Discipline – the Art & Practice of the Learning Organization.” Does this sound like your company? If it does start worrying!The Myth of the Management TeamStanding forward to do battl
    ucation institutions. Some public universities have spent 150 years building a reputation, and they don’t want to be the poster child for the next form of “university spam”.

    Towards a solution: Create Marketing and Consulting Partnerships How to increase enrollment, decrease cost-per-enrollment, and maintain the image of universities? The solution is simpler than the problem. Create a partnership with a marketing agency that listens. In an article that appeared in DMNEWS—a publication that monitors innovations in online advertising, Tom Hochstatter notes that:

    "Advanced analytics practitioners are increasingly thinking about people, process and organization. They talk about multi-channel marketing being the norm, so process and organization that recognize the holistic marketing view

    Transcending the Blaming Culture
    Many organizations have a blaming culture. A blaming culture is where blaming is a common occurrence. Blaming behaviors include pointing the finger, complaining, criticizing, and making excuses. In a blaming culture time and energy are spent proving someone else is wrong, proving that one's self is not wrong, evading accountability and responsibility, avoiding honest communication and accumulating data for proof of blame or innocence. The tendency to blame stifles communication. It destroys trust and creates stress. Blaming creates an environment of fear. As the world renown quality expert, W Edward's Deming said, we need to drive out all fear for organizations to work effectively. In order to drive out fear we need to drive out blaming.Blam
    Higher education enrollment is changing due to distance learning via the internet. It may be difficult to ascertain just how many people are choosing to study on-line rather than attend traditional universities, but at the Eduventures conference in Boston in mid-October, an interesting figure was cited: by 2008 1 in 10 college students will be an e-learner.

    Aside from the experiential differences between brick-and-mortar and e-classrooms, many other issues are worth considering. For instance, in March of this year Congress passed a law that eliminated the requirement that colleges offer at least half their courses in a physical classroom in order to receive federal student aid. In addition, according to a study by the Alfred P. Sloan Foundation, approximately 65% of all universities that offer traditional graduate classes also offer online graduate classes. There are many trends in online education, and universities are approaching distance learning in a variety of ways. There is one constant though—it is cheaper to run an e-classroom than a brick-and-mortar classroom: universities looking to maximize profit margins now have a way to do so.

    Some for-profit universities have begun to aggressively market their distance-learning services in a variety of ways, and they are finding that monitoring Return On Investment (ROI) in terms of enrollments is a difficult enterprise. Marketing a distance-learning program entails many elements, from creating a logo or brand, to effectively handling the call when the interested prospect enquires on how to enroll. This process has come to be known as Enrollment Management, or Enrollment Marketing.

    How advances in advertising technology affect enrollment management . Traditionally, ROI from marketing campaigns has only been quantifiable weeks or months after campaign launch. For-profit and not-for-profit universities that attempt to generate revenue by bolstering student enrollments often suffer because they are not able to determine which marketing strategies have been successful until mid-way through the admissions period. John Wanamaker said “ I know that 50% of my advertising is wasted – the problem is that I don’t know which 50%” Online advertising agencies have developed technologies that allow clients 24 hour access to their advertising campaigns, allowing them to monitor ROI on an up-to-the-minute basis. Advertisers want accountability, and the technology exists; why not put it to use? Cost Per Lead advertising (CPL) and Dynamic Campaign Optimization (DCO) are among the newest tools in the online advertising industry, and they are quite impressive. CPL allows advertisers to pay for ads according to the number of people that actually respond, rather than advertising space; and DCO is an automated process that eliminates media that generate unsuccessful leads and publishers, and optimizes the placement of successful media with publishers that generate the most successful leads.

    These specialized tools may be impressive, but more advertisers—universities and businesses alike—are looking for a comprehensive advertising solution. Further, it seems that aggressive lead generation is maladapted for not-for-profit education institutions. Some public universities have spent 150 years building a reputation, and they don’t want to be the poster child for the next form of “university spam”.

    Towards a solution: Create Marketing and Consulting Partnerships How to increase enrollment, decrease cost-per-enrollment, and maintain the image of universities? The solution is simpler than the problem. Create a partnership with a marketing agency that listens. In an article that appeared in DMNEWS—a publication that monitors innovations in online advertising, Tom Hochstatter notes that:

    "Advanced analytics practitioners are increasingly thinking about people, process and organization. They talk about multi-channel marketing being the norm, so process and organization that recognize the holistic marketing view i

    What Consultants Want You to Know (But You Never Ask)
    I’ve been both a CEO and a consultant, so I’ve seen from both perspectives what goes right and what goes wrong when a consultant comes in to a company. Generally the CEO or the manager who hires the consultant tells the consultant what he or she wants. Often the manager is frustrated with something that is happening at the company and expects the consultant will have the expertise to “just fix it”. While the manager needs to set the expectations, of course, the consultant rarely gets to voice what he or she knows would make the consulting engagement more successful for both.Here is what your consultant would love to tell you about making him or her successful working on your behalf:1. Please Do Your Homework before I Come InToo
    er traditional graduate classes also offer online graduate classes. There are many trends in online education, and universities are approaching distance learning in a variety of ways. There is one constant though—it is cheaper to run an e-classroom than a brick-and-mortar classroom: universities looking to maximize profit margins now have a way to do so.

    Some for-profit universities have begun to aggressively market their distance-learning services in a variety of ways, and they are finding that monitoring Return On Investment (ROI) in terms of enrollments is a difficult enterprise. Marketing a distance-learning program entails many elements, from creating a logo or brand, to effectively handling the call when the interested prospect enquires on how to enroll. This process has come to be known as Enrollment Management, or Enrollment Marketing.

    How advances in advertising technology affect enrollment management . Traditionally, ROI from marketing campaigns has only been quantifiable weeks or months after campaign launch. For-profit and not-for-profit universities that attempt to generate revenue by bolstering student enrollments often suffer because they are not able to determine which marketing strategies have been successful until mid-way through the admissions period. John Wanamaker said “ I know that 50% of my advertising is wasted – the problem is that I don’t know which 50%” Online advertising agencies have developed technologies that allow clients 24 hour access to their advertising campaigns, allowing them to monitor ROI on an up-to-the-minute basis. Advertisers want accountability, and the technology exists; why not put it to use? Cost Per Lead advertising (CPL) and Dynamic Campaign Optimization (DCO) are among the newest tools in the online advertising industry, and they are quite impressive. CPL allows advertisers to pay for ads according to the number of people that actually respond, rather than advertising space; and DCO is an automated process that eliminates media that generate unsuccessful leads and publishers, and optimizes the placement of successful media with publishers that generate the most successful leads.

    These specialized tools may be impressive, but more advertisers—universities and businesses alike—are looking for a comprehensive advertising solution. Further, it seems that aggressive lead generation is maladapted for not-for-profit education institutions. Some public universities have spent 150 years building a reputation, and they don’t want to be the poster child for the next form of “university spam”.

    Towards a solution: Create Marketing and Consulting Partnerships How to increase enrollment, decrease cost-per-enrollment, and maintain the image of universities? The solution is simpler than the problem. Create a partnership with a marketing agency that listens. In an article that appeared in DMNEWS—a publication that monitors innovations in online advertising, Tom Hochstatter notes that:

    "Advanced analytics practitioners are increasingly thinking about people, process and organization. They talk about multi-channel marketing being the norm, so process and organization that recognize the holistic marketing view

    How to Find the Right Career
    The search for the right career is a delicate process. You shouldn't rush into anything. Take your time, and really examine all of the necessary aspects of your career before you decide that you want to stick with it for a long time.The first thing you need to examine is yourself. What are your interests? What are you good at? What are the things you enjoy doing? Take the time to list or journal these things over the course of a couple of days. You may even think of more things that you can do as you go on in this process, but this is a start. Think about what is most important to you in a job. Do you value money or enjoyment more? Which is better, job stability or speedy promotion? Would you like and office job, or do you need to move aroun
    wn as Enrollment Management, or Enrollment Marketing.

    How advances in advertising technology affect enrollment management . Traditionally, ROI from marketing campaigns has only been quantifiable weeks or months after campaign launch. For-profit and not-for-profit universities that attempt to generate revenue by bolstering student enrollments often suffer because they are not able to determine which marketing strategies have been successful until mid-way through the admissions period. John Wanamaker said “ I know that 50% of my advertising is wasted – the problem is that I don’t know which 50%” Online advertising agencies have developed technologies that allow clients 24 hour access to their advertising campaigns, allowing them to monitor ROI on an up-to-the-minute basis. Advertisers want accountability, and the technology exists; why not put it to use? Cost Per Lead advertising (CPL) and Dynamic Campaign Optimization (DCO) are among the newest tools in the online advertising industry, and they are quite impressive. CPL allows advertisers to pay for ads according to the number of people that actually respond, rather than advertising space; and DCO is an automated process that eliminates media that generate unsuccessful leads and publishers, and optimizes the placement of successful media with publishers that generate the most successful leads.

    These specialized tools may be impressive, but more advertisers—universities and businesses alike—are looking for a comprehensive advertising solution. Further, it seems that aggressive lead generation is maladapted for not-for-profit education institutions. Some public universities have spent 150 years building a reputation, and they don’t want to be the poster child for the next form of “university spam”.

    Towards a solution: Create Marketing and Consulting Partnerships How to increase enrollment, decrease cost-per-enrollment, and maintain the image of universities? The solution is simpler than the problem. Create a partnership with a marketing agency that listens. In an article that appeared in DMNEWS—a publication that monitors innovations in online advertising, Tom Hochstatter notes that:

    "Advanced analytics practitioners are increasingly thinking about people, process and organization. They talk about multi-channel marketing being the norm, so process and organization that recognize the holistic marketing view

    Consultants & Ethical Organizations - Nu Leadership Series
    “In the past a leader was a boss. Today's leaders must be partners with their people... they no longer can lead solely based on positional power.”Ken BlanchardCorporate executives appear to be faltering and need help. Scandals grow larger and more intensive day-by-day for organizations. Some people may proclaim that a highly respected consulting firm can get this job done. Executives only need to hire a good consultant, and the ethical issues will disappear. By being an objective party, a consultant can evaluate an organization and provide them new insight on organizational behavior.In this line of reasoning, consultants become the executive’s moral compass; they serve in this role to produce ethical people at al
    ccountability, and the technology exists; why not put it to use? Cost Per Lead advertising (CPL) and Dynamic Campaign Optimization (DCO) are among the newest tools in the online advertising industry, and they are quite impressive. CPL allows advertisers to pay for ads according to the number of people that actually respond, rather than advertising space; and DCO is an automated process that eliminates media that generate unsuccessful leads and publishers, and optimizes the placement of successful media with publishers that generate the most successful leads.

    These specialized tools may be impressive, but more advertisers—universities and businesses alike—are looking for a comprehensive advertising solution. Further, it seems that aggressive lead generation is maladapted for not-for-profit education institutions. Some public universities have spent 150 years building a reputation, and they don’t want to be the poster child for the next form of “university spam”.

    Towards a solution: Create Marketing and Consulting Partnerships How to increase enrollment, decrease cost-per-enrollment, and maintain the image of universities? The solution is simpler than the problem. Create a partnership with a marketing agency that listens. In an article that appeared in DMNEWS—a publication that monitors innovations in online advertising, Tom Hochstatter notes that:

    "Advanced analytics practitioners are increasingly thinking about people, process and organization. They talk about multi-channel marketing being the norm, so process and organization that recognize the holistic marketing view

    Entrepreneurs Play Chess
    I started playing chess when I was in 11th grade in high school. I immediately became fascinated with the game (the art) after watching my younger brothers banging away at the pieces on the board. I asked them to teach me this ancient game and within weeks I must’ve read a good 10 books on chess.I really fell in love. I would devote hours a day of practice and playing with peers and online chess games. Those that knew me knew that I always carried my green rollup board around with me. I was like a chess warrior ready to challenge anybody anytime.After about a year of playing, I began going to the chess tournaments in Manhattan. There, I would literally play amongst the best in the world. I played people on grandmaster levels (the high
    ucation institutions. Some public universities have spent 150 years building a reputation, and they don’t want to be the poster child for the next form of “university spam”.

    Towards a solution: Create Marketing and Consulting Partnerships How to increase enrollment, decrease cost-per-enrollment, and maintain the image of universities? The solution is simpler than the problem. Create a partnership with a marketing agency that listens. In an article that appeared in DMNEWS—a publication that monitors innovations in online advertising, Tom Hochstatter notes that:

    "Advanced analytics practitioners are increasingly thinking about people, process and organization. They talk about multi-channel marketing being the norm, so process and organization that recognize the holistic marketing view is vital. The next step is building a team dedicated to the science of holistic analytics. Done right, their value pays off almost overnight."

    As the author points out, a holistic approach to marketing is becoming the only logical solution. Monitoring and tracking technologies have become so sophisticated, advertising agencies have become so skilled in converting leads—not just generating them—that it is has become much cheaper to contract one agency to generate, convert, optimize, and provide feedback.

    Not only is de-segmenting the enrollment process much cheaper than the alternatives—which include doing everything in-house, or contracting different agencies for every step of the process—but it also makes the marketing sub-contractor more accountable for the results. Now universities can see the process as a whole; one agency becomes responsible for everything; changes can be implemented faster; the distribution of advertising media can be better choreographed; and best of all its cheaper and the entire process can be optimized through one company. When this type of agility is combined with a tool to monitor ROI on a minute-to-minute basis, the benefits of Enrollment Management become obvious.

    The bottom line is simple: the fact that most not-for-profit educational institutions have a reputation to maintain makes buying leads a tricky endeavor. On the one hand, universities need leads in order to increase enrollment. On the other hand, University Spam is an unacceptable marketing tactic. Enrollment Management services that are provided by marketing agencies with a large bandwidth can solve this problem—boosting enrollment, de-segmenting the marketing process, while simultaneously providing more accountability for less money.

    Want to learn more about Enrollment Management? Click here to sign up for the Innovation Ads Enrollment Management Whitepaper.

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