In today’s increasingly competitive higher education environment, universities and other private institutions in India and world arena are facing problems in finding answers to questions given below:
How to attract more and more students?
How to keep the best students with them?
How to improve the quality of education with limited resources?
And how to keep operating costs down?
These are very delicate issues and goals, but are attainable if institutions learn to examine their business processes and leverage technology to manage the entire student lifecycle. Technology advancement improves service to students, from admissions, registrations, and examinations through graduation and beyond. If higher education institutions do not embrace this concept and start nurturing these valuable relationships, they risk disconnection from students and the loss of competitive edge. By carefully evaluating and implementing SLCM technology, institutions can help improve student relationship management and establish their institution as not only a source for high-quality education, but also a partner in the student experience.
Technology Platform: Important Tool in deciding Student Lifecycle Management
its better if education industry realizes, early on, that technology will add to their success. It is possible to manage the entire student lifecycle without technology, but it is much less efficient. SAP Student lifecycle management (SLCM) software significantly reduces time spent on gathering information and generating reports because it consolidates and automates information systems so that faculty, staff, and advisors/counselors can obtain student information right away, everything is just a click away. Where previously they needed to consult multiple information sources, including paper files in many cases. This frees up time, allowing decision makers to focus on education-related responsibilities.
By helping students to take control of their student lifecycles, institutes can provide higher quality of service that enables a smooth, accommodating process from admissions, to registrations, to graduation. This helps student turn into satisfied graduates and alumni who support the university and recommends others for study. And result in repetitive business. Ultimately, this overall effort helps the education industry to maintain a competitive advantage by demonstrating that they can offer a clear path to graduation and provide the best possible education in India.
Making Early Move to Student Lifecycle Management
The benefits any University, Institute or school have achieved through SAP SLCM or any other technology are well worth the time and financial investment. Institutions considering SLCM initiatives should carefully evaluate the technology solutions available today. Identify your must have functionality, self-service tools, important item and make sure it is included into the software. Make sure that the technology you are choosing is flexible and scalable to accommodate future needs.
Based on previous successful case studies in India, it can be recommended that all institutions should consider implementing SLCM initiatives backed by technology to improve service to students. The key is to start now. Institutions who do not address the need to better manage the student lifecycle will risk losing students to institutions that do. For students a Degree is for lifetime but for institutes students are lifeline.