Educational institutions face a survey course of challenges these days. As resources diminish, how can they make every penny count? As legislators add requirements to assess how teachers are doing, how can this be accomplished fairly and accurately? As drop out rates increase — particularly in community colleges — how can teachers and administrators identify at risk students early enough to change their course? Opera's education services offer innovative, analytics-grounded approaches to all of these problems.
Here's a better lesson plan for procurement. Opera is a recognized leader in Procurement Optimization, combining superior technology with deep knowledge of more than 100 spend categories. We provide end-to-end services, and work under a gain-share compensation model that means you don't pay until we save.
We start with rapid savings opportunity identification, gaining deep visibility into your spend dynamics in just 4 to 6 weeks. We move to capturing those savings for you. And we end by embedding the technology and the best practices in your own organization so you can continue to capture savings and effectively manage your spend. Our track record speaks for itself. For one institution of higher learning, we found $6.2MM of savings opportunities on a baseline of $50MM by renegotiating rates, consolidating spend, and optimizing payment terms. And for another institution, we identified savings of 20% for office supplies and 15-20% for printing.
"A" is for "apples-to-apples." Evaluating and improving individual teacher performance is a critical part of "Race To The Top" and other state and local initiatives — but it's also a very challenging problem. How can teachers be fairly compared when there are so many differences — in student populations, school resources, socioeconomic factors, and others — to take into consideration? How can each teacher find new methods that address his or her specific improvement opportunities?
Opera's Performance Accelerator for Education provides an answer. It's a Web-based application that enables teachers and administrators to receive apples-to-apples comparisons of their performance, pinpoint root causes, and receive customized recommendations on what they — and their students — can do to improve. First, Opera's proprietary clustering models create "true peer" groups — cohorts that really are similar and therefore form a valid basis of performance comparison. Then, Opera dissects the performance of each teacher to understand what the best ones in the cohort are doing differently from others. And it can then serve up specific recommendations to teachers for each individual student — lesson plans, exercises, classroom approaches, and more. So students learn better, teachers teach better, and overall school performance improves.
Get the drop on drop-outs. Schools are losing students at an alarming rate, particularly in the nation's high schools and community colleges. But if these at-risk students can be identified sooner, there's a better chance to head off a drop-out. Opera's Attrition Reduction analytics use powerful predictive and pattern recognition models to identify the first faint signals that someone is thinking of leaving school — so teachers and administrators can take actions to keep the student in the classroom.
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