Drop-Stop for Educational Managers
You are a finance officer in an educational institution. Most of the payment the school receives is when the students graduate. However, most of the cost to the school is accounted for during the teaching process – which might take one, two, three years or more. This means that if a student drops out before graduating, the school will lose money. With Drop-Stop you can start to identify what makes students drop out of your school and hence eliminate these causes, which in return will make your school more profitable.
Your customers are in many cases a public body that buys education for the society and your low drop-out rate is an important selling point for you. Drop-Stop helps you communicate your low drop-out rates and tells your customers that you are working actively to reduce the rate even further.
The reasons for dropout can be many. Drop-Stop helps identify the significant reasons and it can give the administration the opportunity to intervene where it is likely that students will drop out.
Your main focus is to keep the production of graduates on track. But sometimes it might become a bit blurry what actually makes a difference to the drop-out rate. Drop-Stop will help you identify the factors that matter the most when you want to reduce your school drop-out rate.
Q2M2 uses the Statistical Value Chain to allow transparent decision support for your organisation.