Predictive Modeling Success: Key Takeaways from the Mercer University School of Law Webinar

success-exitThank you to Oren Griffin and Michael Dean from Mercer University School of Law!  It is always great to hear current success stories about how predictive modeling is being used to help achieve real success. In this case, I learned more in an hour than I could in a week of studying articles about “Why you should be using predictive modeling?”

Things that jumped out:

  • Using predictive modeling makes you more agile in this chaotic and changing financial climate.  Failure to act is a sure way to continue downward trend.
  • The goal is not to match the models, but to beat the models.  If the model says you’re headed towards failure, use your data to change course and succeed!  And do it again…and again!
  • Include faculty and staff in the process from the beginning, and share the results of what is succeeding, and what is not.  Share the results and status of activities often and consistently, not just sporadically and when it is an issue.

These are just a few of my key takeaways, and to get the full story, grab some teammates, and check out the full recording:  Leveraging Data to Make Better Decisions .  Spoiler Alert! Check out their actual financial benefits near the end of the presentation!

After watching, if you can’t see a reason for taking a second look at how you are currently performing your enrollment management, congratulations and keep us posted on your ideas as well.

-John Paiva, Rapid Insight

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Experience Rapid Insight

No risk, all reward! Download a free, fully functional 14-day trial of Veera Workstation and Rapid Insight Analytics today, and a member of our analyst team will help you get the most out of your trial. 

 

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