The Power of Science + Art
How Advanced Analytics Innovations and Staff Empowerment
Can Increase Your Recruiting Effectiveness
Jamie Hansard, Texas Tech
David Babst, Othot
July 16, 2019
#TargetXSummit
Agenda
• Introduction
• The Science: How AI is Changing the Game
• Art Meets Science: Using Analytics for Recruitment + Admissions
• Key Takeaways + Concluding Remarks
• Q&A
The Science
How Artificial Intelligence (AI) is
Changing the Game
What is AI?
https://www.youtube.co
m/watch?v=V1eYniJ0R
nk&vl=en
Sensing an environment and using
data to predict an outcome and then
optimizing the desired result
The Heart of AI: Predictions and PrescriptionsVALUE
D I F F I C U LT Y
DESCRIPTIVE
ANALYTICS
DIAGNOSTIC
ANALYTICS
PREDICTIVE
ANALYTICS
PRESCRIPTIVE
ANALYTICS
Hindsight
Foresight
How can we
make it happen?
What will happen?
Why did it happen?
What happened?
AI will eventually disrupt and
transform every industry …
… but currently, AI initiatives often only
result in 10% of expected Value
Most organizations have an AI-Value gap
Why the AI-Value Gap?
A “Data First” Mentality Enables Modeling
but Fails to Deliver Value
L O W VA L U E
Insular Modeling
(not community-
informed)
Answering
the wrong
question
Data quality
issues
Focused on
data first &
not the
question
Little to no
focus on
deployment
Unsophisticated
feature & variable
engineering
H I G H
VA L U E
Engineer Data
and Features
(the right data)
Generate
Community
Knowledge-
Based Models
Deliver Answers
& Actions that
Anyone Can Use
Nail the HIQ
(High Impact
Question)
Focusing on the Question
Delivers Value
H I G H V A L U E
A Decision-Making Model
Based on Human Judgment
A Decision-Making Model
That Utilizes AI
A Decision-Making Model
That Combines the Power of AI
+ Human Judgment
Source: Eric Colson, Harvard Business Review, What AI-Driven Decision Making Looks Like
Focusing on Adjusting the
Decision-Making Model
H I G H V A L U E
Organizations that figure out the AI-Value Gap win
AI allows us to understand the individual like never before
Higher Education and AI
for the Student Life Cycle
Higher Education is an industry
facing significant challenges
• Fewer students
• Shifting demographics
• Increased competition
• Pressure on NTR
• Focus on outcomes
And today’s students
expect a different
experience
Personalization
Not Generalization
Pathways with Outcomes
Not Promises + Visions
Customized Experiences
Not Standardization
OBJECTIVE: Optimize the relationship between the individual and institution
FIT
Academically
Financially
Experientially
PERSONALIZED
EDUCATION
UNIQUE
EXPERIENCE
PERSONAL
DEFINITION of
SUCCESS
LIFELONG
LEARNING
TIME, TREASURE,
TALENTMANAGEABLE DEBT
ENROLLMENT RETENTION/
GRADUATION
POST-
GRADUATE
SUCCESS
ALUMNI
ENGAGEMENT
The Othot Difference
UNDERSTAND
THE INDIVIDUAL
CHANGE THE
OUTCOME
EXPLAINABLECONTINUOUS
INTELLIGENCE
1. Focus on individuals
2. Trigger engagement
3. Right tactic at right time
+3% Conversion = $4M per year impact on NTR
Likelihood Scores & Prescriptive Actions Drive Outcomes
How do we increase conversion of targeted group of students?
Understand What Matters to Your Student
This is what explainable AI looks like
Knowing the individual allows you to change the outcome
• Mail a Viewbook
• Meet with a Field Counselor
• Digital Marketing
• Campus Visit
• Financial Aid Offer
Knowing the individual allows you to change the outcome
• Mail a Viewbook
• Meet with a Field Counselor
• Digital Marketing
• Campus Visit
• Financial Aid Offer
AI Can Change the Outcome
Institutions investing in new approaches:
Art Meets Science
Using Analytics for
Recruitment + Admissions at
Texas Tech University
Recruitment Challenges at TTU
Funnel
Volume
Adjustment of
Priorities & Goals
Location Resources
Evolution of Data + Analytics
Leveraging Data + Analytics
Campus-wide
Strategy
Student
Telecounseling
Empowerment of
Admissions Staff
Marketing
Segmentation
Records + Results
Reduction of
Search Names
Calling Campaign
Outcomes
Increased
Conversion Rates
Event Attendee
Enhancements
Record
Enrollment
Net Tuition
Increase
What’s Next
1. Build and Refine: Recruitment + Marketing
2. Define: Geographic Segmentation
3. Optimize: Financial Aid +
Recruitment/Marketing
4. Expand + Test:
Regional Teaching Sites
Science + Art
Key Takeaways, Learnings +
Concluding Remarks
Key Takeaways + Learnings
1. Know what questions you need better answers for
from your data.
2. Invest in foundational data and in your own education.
3. Develop a sense for where advancements in analytics
can help you in the coming cycle (and beyond).
4. Signal that this is important and show confidence by
empowering your team and your partners.
5. Test, Measure + Learn. Rinse. Repeat
Thank You
Dave Babst: dmbabst@othot.com
Jamie Hansard: Jamie.Hansard@ttu.edu
31OTHOT 31CONFIDENTIAL
Representative List of Partner Schools
#TargetXSummit
Session Title
Presenter Name
#TargetXSummit
Session Title
Presenter Name

The Power of Science + Art: How Advanced Analytics Innovations and Staff Empowerment Can Increase Your Recruiting Effectiveness

  • 1.
    The Power ofScience + Art How Advanced Analytics Innovations and Staff Empowerment Can Increase Your Recruiting Effectiveness Jamie Hansard, Texas Tech David Babst, Othot July 16, 2019
  • 2.
    #TargetXSummit Agenda • Introduction • TheScience: How AI is Changing the Game • Art Meets Science: Using Analytics for Recruitment + Admissions • Key Takeaways + Concluding Remarks • Q&A
  • 3.
    The Science How ArtificialIntelligence (AI) is Changing the Game
  • 4.
    What is AI? https://www.youtube.co m/watch?v=V1eYniJ0R nk&vl=en Sensingan environment and using data to predict an outcome and then optimizing the desired result
  • 5.
    The Heart ofAI: Predictions and PrescriptionsVALUE D I F F I C U LT Y DESCRIPTIVE ANALYTICS DIAGNOSTIC ANALYTICS PREDICTIVE ANALYTICS PRESCRIPTIVE ANALYTICS Hindsight Foresight How can we make it happen? What will happen? Why did it happen? What happened?
  • 6.
    AI will eventuallydisrupt and transform every industry … … but currently, AI initiatives often only result in 10% of expected Value Most organizations have an AI-Value gap
  • 7.
    Why the AI-ValueGap? A “Data First” Mentality Enables Modeling but Fails to Deliver Value L O W VA L U E Insular Modeling (not community- informed) Answering the wrong question Data quality issues Focused on data first & not the question Little to no focus on deployment Unsophisticated feature & variable engineering
  • 8.
    H I GH VA L U E Engineer Data and Features (the right data) Generate Community Knowledge- Based Models Deliver Answers & Actions that Anyone Can Use Nail the HIQ (High Impact Question) Focusing on the Question Delivers Value H I G H V A L U E
  • 9.
    A Decision-Making Model Basedon Human Judgment A Decision-Making Model That Utilizes AI A Decision-Making Model That Combines the Power of AI + Human Judgment Source: Eric Colson, Harvard Business Review, What AI-Driven Decision Making Looks Like Focusing on Adjusting the Decision-Making Model H I G H V A L U E
  • 10.
    Organizations that figureout the AI-Value Gap win AI allows us to understand the individual like never before
  • 11.
    Higher Education andAI for the Student Life Cycle
  • 12.
    Higher Education isan industry facing significant challenges • Fewer students • Shifting demographics • Increased competition • Pressure on NTR • Focus on outcomes
  • 13.
    And today’s students expecta different experience Personalization Not Generalization Pathways with Outcomes Not Promises + Visions Customized Experiences Not Standardization
  • 14.
    OBJECTIVE: Optimize therelationship between the individual and institution FIT Academically Financially Experientially PERSONALIZED EDUCATION UNIQUE EXPERIENCE PERSONAL DEFINITION of SUCCESS LIFELONG LEARNING TIME, TREASURE, TALENTMANAGEABLE DEBT ENROLLMENT RETENTION/ GRADUATION POST- GRADUATE SUCCESS ALUMNI ENGAGEMENT
  • 15.
    The Othot Difference UNDERSTAND THEINDIVIDUAL CHANGE THE OUTCOME EXPLAINABLECONTINUOUS INTELLIGENCE
  • 16.
    1. Focus onindividuals 2. Trigger engagement 3. Right tactic at right time +3% Conversion = $4M per year impact on NTR Likelihood Scores & Prescriptive Actions Drive Outcomes
  • 17.
    How do weincrease conversion of targeted group of students?
  • 18.
    Understand What Mattersto Your Student This is what explainable AI looks like
  • 19.
    Knowing the individualallows you to change the outcome • Mail a Viewbook • Meet with a Field Counselor • Digital Marketing • Campus Visit • Financial Aid Offer
  • 20.
    Knowing the individualallows you to change the outcome • Mail a Viewbook • Meet with a Field Counselor • Digital Marketing • Campus Visit • Financial Aid Offer
  • 21.
    AI Can Changethe Outcome Institutions investing in new approaches:
  • 22.
    Art Meets Science UsingAnalytics for Recruitment + Admissions at Texas Tech University
  • 23.
    Recruitment Challenges atTTU Funnel Volume Adjustment of Priorities & Goals Location Resources
  • 24.
    Evolution of Data+ Analytics
  • 25.
    Leveraging Data +Analytics Campus-wide Strategy Student Telecounseling Empowerment of Admissions Staff Marketing Segmentation
  • 26.
    Records + Results Reductionof Search Names Calling Campaign Outcomes Increased Conversion Rates Event Attendee Enhancements Record Enrollment Net Tuition Increase
  • 27.
    What’s Next 1. Buildand Refine: Recruitment + Marketing 2. Define: Geographic Segmentation 3. Optimize: Financial Aid + Recruitment/Marketing 4. Expand + Test: Regional Teaching Sites
  • 28.
    Science + Art KeyTakeaways, Learnings + Concluding Remarks
  • 29.
    Key Takeaways +Learnings 1. Know what questions you need better answers for from your data. 2. Invest in foundational data and in your own education. 3. Develop a sense for where advancements in analytics can help you in the coming cycle (and beyond). 4. Signal that this is important and show confidence by empowering your team and your partners. 5. Test, Measure + Learn. Rinse. Repeat
  • 30.
    Thank You Dave Babst:dmbabst@othot.com Jamie Hansard: Jamie.Hansard@ttu.edu
  • 31.
  • 32.
  • 33.