Businesses and institutions, in recent times, struggle to cope up with the magnitude of challenges they face on a day today basis. The uncertainty that comes with the pandemic and geopolitical issues are forcing companies and organisations to look for a helping hand. A blanket cover from all these problems might not be practically possible. But to take the right action and to formulate a perfect contingency plan appropriate for the situation, you need to know exactly what is happening in your institution. This is where an analytics dashboard comes to the picture. It visualises all the parameters you need to better understand your institution. In this Article, let’s see how a dashboard can make your institution smarter.
Increase Admission Return on Investment
By utilising prescriptive and predictive intelligence, dashboards can visualise demographics, student history, and attendance rate of previous freshmen and new students of each educational category. These data can help you understand and improve recruitment yields of students in every session.
Improve Attendance Rate
Data representing the total number of students present for each program can help teachers and lecturers accurately pan for their sessions. This can reduce volatility in attendance rate and also helps with efficient management decisions while having to plan for new activities for students. It also helps estimate the total number of students who might be willing to participate in a new program.
Realise the Academic Standards
Student’s performance in class might depend on various factors. Analytics dashboards offer information to teachers as to where a student is able to perform well and and where the performance falls to least. It gives suggestions on where to make improvements. The result will be an overall improvement in academic performance and standards.
Dropout Rate in Students
Education management software and data visualisation platforms can help faculty members access information to student data regardless of socio economic realities. This helps them understand the reasons for change in dropout rate among students.
Locate Donors and Fund Organisations
Having the right data analytics platforms not only help institutions to find the optimum resource utilisation but also helps improve the opportunities to raise funds from the right donors and help them meet the right donors and philanthropists.
Interactive platforms such as analytics dashboards save institutions a great deal of time and effort to focus on important problems that matter the most. It also gives a competitive edge and helps in making the right decisions for changing circumstances.
