If your college is having a major impact on your community, the last thing you want to do is to keep the knowledge of this impact to yourselves. On the surface, Economic Impact Studies may look like nothing more than a means for quantifying the economic value of your institution. However, with a bit of imagination, there are numerous ways you can use the results of your study to open up a number of new and exciting pathways.
We have put together some ideas of how you can use your Economic Impact Study to benefit your college and your local community, including:
- Funding and planning
- Stakeholder engagement
- Attracting prospective learners
- Marketing and promotion
To find out more, and to read the case studies of colleges in the UK and US that have implemented some of these ideas, click on the image below: