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3rd crm ppt

Date post: 07-Apr-2018
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    CRMA Vision for Higher EducationThrough CRM

    Submitted to : Mrs. Divya Sagar

    Submitted by : Group No.9

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    INDEX:

    INTRODUCTION

    IMPLEMENTATION OF CRM BUSINESS STRATEGY IN HIGHEREDUCATION

    IMPACT OF CRM IN HIGHER EDUCATION

    ADVANCEMENTCONCEPTS FOR INSTITUTION

    RETURN ON INVESTMENT OF CRM BUSINESS STRATEGY

    CONCLUSION

    FUTURE PLANNING

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    Why should higher education be thinking about CRM?

    The number of secondary school graduates will start to decline

    in 2010.

    Other English speaking countries are actively seeking a largerpercentage of the international student market.

    Alternative education models, particularly those offered by for-

    profit institutions and online programs, are creating a more

    broad and attractive set of options for students.

    Doing more with the less or same has become a permanent part

    of the education landscape.

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    Number of Secondary School Graduates (000s)

    3,050

    3,100

    3,150

    3,200

    3,250

    3,300

    3,350

    2006 2007 2008 2009 2010 2011 2012 2013 2014

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    What is CRM for higher education?

    It is focused on facilitating interactions between the

    institution and key constituency groups.

    While the portal serves as the door, CRM is the entrywayinto other mission-critical applications such as SIS and

    ERP.

    A strategy first and a solution second dont fall into the

    fool with a tooltrap with CRM.CRM is a strategy, often supported by technology, for moreeffectively managing relationships with key constituencygroups, such as prospective students, faculty or alumni.

    KEY DEFINITION

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    Selecting a CRM solution must be based on its abilityto execute your institutions CRM strategy

    Strategy

    Execution

    Institutional goals

    CRM inHigher

    Education

    What does your

    institution need

    to accomplish in

    order to realize

    its mission?

    What tools & resources does your

    institution need in order toaccomplish its goals?

    What does your

    institution intend

    to do in order to

    accomplish its

    goals?

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    Management & Governance Processes

    Financial Management

    & Control

    HR Management &

    Development

    Quality Assurance &

    Enhancement

    Planning Estates & Facilities Learning Support &

    ICT

    Infrastructure Processes

    StudentAcquisition

    Student Management & Support

    Teaching, Learning & Assessment

    Research, Development & Enterprise

    Core Processes Core Outputs

    High Level Process Model

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    Implementation on CRM

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    A New Approach to CRM for Higher Education

    Web-based alternative to CRM for Higher Educationdesigned to be flexible and configurable to the needsof your institution, whether you choose to implementon a departmental or program level, or across an entireinstitution.

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    Example While UK higher education institutions are extremely

    successful in attracting international students to study inthe UK there are also opportunities for growth in online

    and more flexible patterns of provision which combine UKand home country study; online, blended and on-campusUK experience. However, universities in many countries arestrong competitors to the UK for these markets, and

    private sector providers are moving in quickly andaggressively.

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    The Impact of CRM on the HigherEducation Enterprise

    UniversityAdministration

    FacultyStudents

    Grade

    Posting

    RecordsAccess

    Admissions

    StudentProgress

    Payment

    Enrollment

    Student

    Application

    Class

    Schedule

    Registrar

    Records

    Finance

    ExternalFocus

    Self-Service

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    Advancement

    The objective is to sell the organizations mission todonors. Success is measured by how often gift-givingsolicitation results in taking an order.

    The CRM approach identifies, selects, and generates lists oftargeted customers with current information to buildconstituencies that continue gift giving long after they ortheir sons or daughters have graduated.

    The ultimate goal is to entice donors to contribute in thefuture without direct solicitation.

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    CRM For Student & Faculty

    Internet, and intranet technologies

    to give students and employees quick and efficient access

    to a wide variety of services and information.

    rooms, equipment, media, and other campus services.For example,

    students can apply for campus services, view their tuitionbalances,

    inquire about current academic standing, and look upfacility changes for classes all on the Internet.

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    The Institution

    Students, alumni, faculty members, and staff members canaccess and update information from any Web enableddevice, anywhere in the world.

    The needs of the customer base become the focus ratherthan the rigid process structure that is the focus of todayssystems.

    Administrative systems are seamlessly integrated withinstructional computing and communications systems.

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    What Is the Return on Investment (ROI)

    of a CRM Business Strategy? Increased revenue through improved recruitment and

    retention

    Reduced recruitment costs

    Improved customer service

    Quicker yield conversions

    Improved customer satisfaction

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    Conclusion

    Faced with widespread economic, technological, andcultural change, academic institutions are looking toenhance the value and effectiveness of their existingcustomer relationships, while attracting new and loyal

    customers. As institutions begin embracing e-business ande-learning, the driving forces behind CRM will becomeeven stronger.

    The concept of students, alumni, faculty members, and

    staff members as customers will become a competitiveimperative with profound impact on how colleges anduniversities attract, retain, and serve customers of all types.

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    The road ahead for CRM in higher education

    Advanced functionality, such as multi-channel capabilities,automated workflows and analytics, will become widelyadopted.

    CRM will move out of the admissions office and expandacross the entire student lifecycle to include retention anddevelopment.

    Institution-wide implementations of CRM will becomeincreasingly pervasive.

    The boundaries between CRM and other mission-criticalapplications will fade.

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