How do you analyze and justify technology investments? Join Julie Evans, CEO of Project Tomorrow, and panelists from school districts across the country to address the increasing need for districts to soundly justify all enterprise technology aid. Learn new ways to approach the challenges associated with technology investment decisions in your district.
Indexing Structures in Database Management system.pdf
The New Math for Justifying Online Learning Webinar Slides
1. Special Webinar The New Math for Justifying Online Learning Leveraging ROI and VOI Analysis for Ed Tech Investments Julie Evans Chief Executive Officer Project Tomorrow September 29, 2011
2.
3. Introducing our expert panel: Judy Bauernschmidt Director, Student Online Learning 21st Century Virtual Academy Jefferson County Public Schools (CO) Tracy Clanton-Smith LISD-TV & Online School Coordinator Lubbock Independent School District (TX)
9. Let’s Talk ROI & VOI Are you also increasingly being asked these questions?
10. Let’s Talk ROI & VOI Are you also increasingly being asked these questions? What is the return on that investment? What is the value of that investment?
11. Let’s Talk ROI & VOI Announcing a new report from Blackboard and Project Tomorrow: The New Math for Justifying Online Learning Leveraging ROI and VOI Analysis for Ed Tech Investments
12.
13.
14.
15. Let’s Talk ROI & VOI Report Methodology Interviewees represented the following districts: Baltimore City Public Schools (MD) Fairfax County Public Schools (VA) Jefferson County Public Schools (CO) Lubbock Independent School District (TX) Marion County Public Schools (FL) Mooresville Graded School District (NC) Polk County Public Schools (FL) School District of Clay County (FL)
16.
17.
18.
19.
20.
21.
22. Defining VOI – Value of Investment Example: Mooresville Graded School District (NC) “ Digital Conversion” driven by district strategic plan to transform teaching and learning district wide. Re-purposed budget line items to be cost neutral. Per Dr. Smith, “LMS is the glue that holds this all together for our district.”
23.
24.
25. Defining ROI – Return on Investment Example: Marion County Public Schools (FL) Catalyst for online teacher PD was financial. New legislation required teacher training – contract required teachers to be paid a stipend for afterschool PD. Online PD avoided the stipend pay and saved over $45,000. And provided way to “testdrive” online learning.
26. Investment Justification VOI Analysis Value of Investment ROI Analysis Return on Investment Let’s Talk ROI & VOI
27.
28.
29.
30. The Online Learning Justification Ladder Step 1: How? Step 2: Who? Step 3: What? Step 4: When? Step 5: Where? Step 6: Why? The questions provide a structured way to collect the data you need for either an ROI or a VOI analysis. And provide a format for articulating the analysis results to your stakeholders and/or decision-makers.
31. The Online Learning Justification Ladder Ladder Step 1: How? How are you approaching the justification of your online learning project? Using an ROI or VOI analysis? Or both? Is an ROI analysis required to gain approval or commitment? Or it is more important to articulate the benefits through a VOI analysis?
32. The Online Learning Justification Ladder Ladder Step 2: Who? Who is your targeted audience for your online learning project? What are the needs of this audience? What are the current and future costs of meeting those needs? Why is online learning the best solution for this particular audience and their needs?
33. The Online Learning Justification Ladder Ladder Step 3: What? What is your specific online learning project that will address the needs of the targeted audience? What online courses or environment are you providing? What are all of the costs associated with your solution? What is the value-add of your solution? How will this solution impact student achievement?
34. The Online Learning Justification Ladder Ladder Step 4: When? When will your participants access the online learning course or the environment that you are providing? During the school day, afterschool, during summer recess, in the evening?
35. The Online Learning Justification Ladder Ladder Step 5: Where? Where will your participants be when they access the online learning course or the environment that you are providing? At home, in the classroom, in a computer center, at the library, in the faculty room?
36. The Online Learning Justification Ladder Ladder Step 6: Why? Why is your online learning project a justifiable decision by either ROI or VOI standards? If ROI, what the cost savings or new revenue derived from the investment? If VOI, how does this project address our core mission as a district?
37. The Online Learning Justification Ladder Ladder Step 6: Why? Bottom line: Why is this project a good investment of our district’s time and/or resources?
38.
39.
40.
41.
42. Introducing our expert panel: Judy Bauernschmidt Director, Student Online Learning 21st Century Virtual Academy Jefferson County Public Schools (CO) Tracy Clanton-Smith LISD-TV & Online School Coordinator Lubbock Independent School District (TX)
43.
44.
45. Let’s Talk ROI & VOI Your thoughts and comments! Julie Evans Chief Executive Officer Project Tomorrow [email_address] www.tomorrow.org