Leveraging Success for New Busin
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Transcript of Leveraging Success for New Busin
ICCET/ICCHE Fall Conference 2012 • September 26 & 27, Utica, IL • Roundtable Discussion Notes Topic: Leveraging Success for New Business What matters most? What are your core competencies? Everything is not a priority. Core competency: Customer focused
Repeat business
Remind team of core competency Don’t have the resources to do everything. How do we keep doing the things we do well?
Need to focus on delivering customer service
How are we different? How are we unique? Leverage success by defining your core competency for your audience. What does “new business” mean?
Cost recovery
New revenue streams
For-profits – competition
There are challenges to new business (ie: IBHE, HLC, governance, regulations) What our community views as our core competency is different than what we think. Example: Walmart, Dollar General, Von Maur, McDonald’s, Burger King = quick, quality, cheap, close, customer focused, customer service Who are you? Focus on it. Differentiate.
Community education
Contract services/customized training
Youth programs Adding programs/eliminating programs – who makes the decision?
Committees/administrators & faculty
Program review – annual & bi-annual
Demand and dollars
IBHE/Board of Trustees – need data collected – not offering courses until IBHE approves (10 months+ and expensive)
Enrollment driven
Waiting 2 years to offer new courses because they are waiting for IBHE approval Developing programs by planning process (collaborative) not by silo.
International – potential new business/new students
Contract programs
Dual degree programs
ELS – recruitment – English language competency