Measuring success.
All strategic communication leaders strive for success or tangible results. Effectively measuring those successes or failures can frequently become a challenge.
We’re winding down our COM 6610 Leadership and Media Strategies course this term, and we’ve discussed the means by which communication professionals or organizations measure success, especially through tangible or intangible efforts or endeavors.
While contributing to this blog for my Troy graduate classes, I’ve used previous examples about things I’ve observed while working in the communications and marketing department at Wallace State Community College in Hanceville, Ala.
In the weeks leading up to a new semester, one of our continual challenges is to find any approach we can to boost enrollment. Our administration sets an enrollment goal for each semester, and we attempt to fulfill this goal within our power.
We utilize traditional and non-traditional methods of advertising before the outset of each semester with hopes that it strikes a chord with potential students in our service area. As part of our social media efforts, we push infographics regarding registration and all the key dates one needs to know, specifically on our Facebook pages and Twitter feed.
In a TED Talk video presentation by Dan Gilbert, “Why We Make Bad Decisions,” he said one’s expected value is the product of two simple things. The first is our actions will hopefully allow us to gain something and there will be value among that gain.
The ultimate value or goal of our advertising campaigns is to increase enrollment at our college and reach a goal for the overall benefit of the organization.
Tracking the tangible results of these efforts has become more feasible, than say 10 years ago, with the advent of social optimization sites like Hoot Suite or analytical sites like Google Alerts.
A 2012 article on socialmediaexplorer.com focused on the potential tangible and intangible returns infographics could produce for an organization. I feel these tangible or intangibles are applicable to any communication professional utilizing social media as a means of creating success.
Tangible opportunities on social media include inbound links like Google Analytics, page views your site is receiving, subscribers or followers on your networks, and comments and shares of your pages.
Intangibles include establishing external relationships and credibility and internal organizational morale.
http://www.socialmediaexplorer.com/social-media-measurement/the-roi-of-infographics/
I believe a successful strategic leader or organization can track its tangible results easier than the intangibles, mainly because tangible results are much more concrete.
Whether or not our advertising efforts were the determining factor, the students who do enroll at our college can provide a tangible result. They may have selected our college for various reasons: because of convenience, because family members previously attended our college, because they earned academic or athletic scholarships or maybe because a marketing or advertising effort paid dividends.
Once we have them enrolled and in nestled into the semester, we have conducted marketing surveys in the past to determine exactly why or how they chose to attend our college in efforts. It helps us better track the tangibles and gauge our return on investment (ROI).
However, as stated in this week’s article, “Return on investment in public relations: A critique used by practitioners from communication and management sciences perspectives,” a return on investment doesn’t always have to be driven by financial benefits: “Asked whether they regularly use the term ‘ROI’ or ‘Return on Investment’ when planning and evaluating public relations activity, there was a strongly positive response. Two-thirds (66.7%) answered in the affirmative and 33.3% in the negative. Those who answered ‘Yes’, again gave a decisive response when asked which form of ROI outcome was used for evaluation, with 66.7% identifying ‘communication objectives’, followed by 19.0% for ‘other’ and 14.3% for ‘financial outcome.’”
While finances drive any successful organization, the return is as fulfilling to know your communication efforts were embraced.
Measuring intangibles can be harder to trace than tangible results, but I believe solid efforts to create tangibles produce intangibles and vice versa. At the end of the day, tangibles and intangibles complement each other.
Intangibles that can drive up enrollment at our college can be word-of-mouth or the brand that has been formed throughout the years. An organization that is successful internally and shares strong morale and communication from within, has a better chance to develop successful intangibles among its audience. One’s audience will ultimately drive the intangibles.
Sometimes intangibles can strike the initial spark to benefit an organization or communication leader.
After the recession struck the nation and state in 2008, a lot of Americans were unemployed and searching for a new career path. Because of the recession, enrollment spiked across the community college landscape as a multitude of individuals chose to return to school to pursue a new career, especially in the technical and health-care programs.
Our college reached its highest enrollment ever in 2010, surpassing the 7,000 mark by benefitting from the influx of students who were seeking a new beginning.
This effect was felt across the entire state. According to a May 2012 Anniston Star article written by Patrick McCreless, he wrote that according to the Alabama Department of Postsecondary Education, which oversees the state’s community college system, approximately 96,860 students were enrolled in this system for the fall (2012). That was a significant decrease from the more than 102,000 students enrolled in 2010.
The community college enrollment increase wasn’t just relegated to Alabama.
“We did an analysis and between 2007 and 2011, (and) enrollment across the country went up about 20 percent” said Norma Kent, senior vice president of communications at the American Association of Community Colleges. “But what we’re hearing for this coming year is enrollment is flat or down.”
Kent said changes in the economy were to blame for the shifting enrollment numbers.
“We anticipate that some increased employment is starting to mitigate the gain in enrollment a little bit,” Kent said.
http://www.annistonstar.com/news/anniston/article_5025b4e4-56bb-55d2-8050-5e251304bdde.html?mode=jqm
The intangibles associated with a downtrodden economy had a direct and tangible result on community college enrollment that no one could have predicted. In the years following the recovery, all within the system have tried to repeat those enrollment numbers, but it hasn’t been as sustainable. We can only hope the positive intangibles and tangibles results we capitalized on during that time frames, stays locked in our audience’s mind for those who have children or family members who want to attend college one day.
Sometimes these intangibles can’t be taught or expected.
Like in sports, an athlete has to practice and master the fundamentals of his/her respective sport in order to be a successful player. Those athletes who also display “intangibles” such as court awareness, mental toughness, competitiveness or base running instincts can become even more superior in their sport because these attributes can’t be taught. However, an athlete with only the intangibles isn’t going to succeed.
Just like for communication professionals, intangibles are the best friend of a successful tangible result. They go hand-in-hand.