Ross Woods, 2018
Degree productivity is essentially the total cost to the institution per graduate. Low productivity is a combination of high costs and high dropout rates. Improved degree productivity is the achievement of more graduates for the same investment without compromising educational quality or restricting access to higher education. Universities can improve degree productivity in the following five ways.
Universities can do this using the following methods:
Nonproductive credits are credits in which students enrol but which don’t help them graduate. They include extra credits that students passed but didn’t count toward the degree, failed credits, and credits from which students withdrew. They are not productive because they add to the cost of a degree and reduce completion rates.
Universities can reduce nonproductive credits through by the following methods:
Universities can:
Core supports and services include:
Methods include converting paper-based systems to electronic systems, cross-training staff to eliminate staff downtime, and using self-service online portals for administering financial aid.
These include public services (radio stations, institutes, and conferences) and auxiliary enterprises (athletics, housing, and dining). Overall, non-core services run at a loss; only a few are profitable business units.
The way to optimize non-core services is to maintain them only when they are mission-critical.
The study also identified four essential elements for transforming degree productivity:
Reference
Winning by degrees: the strategies of highly productive higher-education institutions: Executive Summary, November 2010, Byron G. Auguste, Adam Cota, Kartik Jayaram, Martha C. A. Laboissière
Published at http://mckinseyonsociety.com/downloads/reports/Education/Winning%20by%20degrees%20execsum%20v5.pdf Viewed 3 January, 2018.