ECE Presentation
Transcript: Higher Education Equality Dreamers ECE Recommendations by Cameron Bradley Agenda TITLE Executive Summary Trends Summary Comparative Analysis Benchmarking Recommendations Concluding thoughts Executive Summary ECE problem statement - What is the best way to keep ECE's alumni engaged in the organization's mission & vision. Impact assessment, reporting and alumni engagments by international organizations Impact assessment & reporting - Surveys and questionaires: The United Nations devleopment program as well as the Hispanic Scholarship fund use this method. Interviews and focus groups: The Worlds Wildlife Fund and The American Red Cross use this method Monitoring and Evaluation: The World Bank as well as Oxfam International use this method. Alumni engagments - Some prominent organizations including Harvard, Yale, Google, Teach for America and McKinsey & Company use the methods below Hosting events & activities - Educational impact showcases as well as Education Themed escape rooms. (It matters more about the creativity of the event than the type of event) Mentoring Programs - Peer to Peer, Professional Development, Community Service and Leadership ECE should: Utilize monitoring, interviews etc to evalute impact and plan accordingly Utilize interactive tools, multimedia reports as well as written reports to communicate impact Utilize creative events and activites to keep alumni engaged. As well as incorporate more strategic mentoring programs. Trends Summary Change The organizations who have successfully reported impact, in a way that specifically communicates how they have helped communities. For example those who have impact reports with high percentage stats in categories such as: - Percentage to graduate - Percentage of those with careers - Number of recipients helped - The correlation between activity and scholarship gained by recipients Not only do they have greater single donation amounts but have a higher and better quality alumni engagement. They typically see alumni coming back to participate in events and activities. 1 Trend Summary 1 The first trend is Outcome Measurement Examples of organizations: Doctors without Borders Habitat for Humanity United Way Outcome measurement is extremely important as it Improves Accountability Guides Strategic Decision-Making Enhances Transparency Facilitates Funding and Support Challenges to be aware of The time consumption of Data Collection Attribution vs Contribution Outcome Lag (It takes time for outcomes to manifest) The difficulty of maintaining Ethics & Privacy Why you should incorporate outcome measurement: In a survey by the Bridgespan Group, over 70% of funders reported that they would be more likely to fund a program that could demonstrate its impact through outcome measurement. Incentives and Accountability - Performance metrics linked to the mission f the organization can create incentives for staff. 2 Trend Summary 2 Why you should incorporate PMS: Organizations that use of Perfomance Measurement Systems make extensive use of financial and non-financial measures and link strategic measures to operational measures to have higher returns. Specifically, those organizations achieved on average 2.95% higher return on assests and 5.14% higher return on equity Surveys indicate those that use PMS improve focus, enhance communication skills, contribute to employee satisfaction and improve customer relations ,satisfaction, and retention. In this case, the "customer" would be the recipients The second trend is the Performance Measurement System (PMS) Example of Organizations: Teach for America The Nature Conservancy American Cancer Society Performance Measurement System is important as it: Improves Stakeholder/Donor Communication Promotes a culture of continuous improvement Improves accountability Helps with Strategic Decision-Making 3 Trend Summary 3 Why you should incorporate the Use of Technology: Improve Acessibility: Acording to Pew Research Center report, as of 2021, approximately 97% of adults in the united states use the internet. Remote Learning Capabilities: ECE could incorporate remote learning oppurtunities, with things such as tutors for the recipients etc. This allows ECE to get the best tutors necessary for the recipients. Increased Donor Engagement: The 2020 Global Trends in Giving Report shows that 25% of donors say they're most likely to give again if the donation process is easy, quick, and secure, which can be ensured by using technology. The third trend is the Use Of Technology Examples of Organization Consortium for School Network Future Ready Schools Education SuperHighway The Use of Technology is important as it can: Help increase community outreach Help with management of assets and fundraising Make operations more efficient Increase Communication and Collaboration ECE Comparative Analysis I've chosen these parameters because they provide a clear link between an organization's ability to effectively gauge and communicate impact, and its make