Senior Analyst
In the first part of our series, we explored strategies that require minimal financial investment but can yield substantial improvements in efficiency and effectiveness. These include re-evaluating business processes, decustomizing legacy systems, and aligning with best practices and system native functionality. In case you missed it, you can read part one here: When Modernization Seems Out of Reach: A two-part modernization strategy for resource-constrained institutions: Part 1.
In part two, we will discuss strategies that involve some financial investment but can provide high-impact results. These include adopting a best-of-breed approach for user-facing technologies, improving data management, and leveraging cloud solutions. By strategically prioritizing initiatives and seeking external funding, institutions can overcome resource constraints and achieve transformative modernization.
If you can’t afford to move to the latest core administrative system, you can still largely relegate your legacy system to a primarily back-office function. For high-impact, user-facing technologies, a best-of-breed approach can offer significant advantages. This involves selecting the best available solutions for specific functions rather than relying on a single, monolithic system.
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Effective data management is crucial for the success of any modernization effort. Properly managed data can provide valuable insights, support decision-making, and enhance operational efficiency.
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While the strategies outlined above are effective, the challenge of limited resources remains. Here are some additional tips to help institutions overcome these constraints:
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Modernizing core administrative systems is a critical step for smaller, resource-constrained institutions to stay competitive and deliver high-quality education. By re-evaluating business processes, decustomizing legacy systems, aligning with best practices, and adopting a best-of-breed approach, these institutions can achieve significant improvements in efficiency and effectiveness without the cost and effort of a complete replacement of the core administrative systems. Overcoming resource constraints requires strategic prioritization, leveraging cloud solutions, collaboration, and seeking external funding. With the right strategies in place, modernization is not only possible but also transformative for the future of education.
If your institution would like additional guidance or support for any of the strategies mentioned, send us a message.
Originally posted by Matthew Winn on LinkedIn. Be sure to follow him there to catch all his great industry insights.
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