Connect and Prepare Products

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Questions and Answers

What is a key benefit of splitting virtual work experience programs into career-specific sprints or shorter experiences?

  • It allows early careers teams to fully monetize the Connect platform.
  • It simplifies the process of cross-selling internationally by providing translated content.
  • It serves as an intent filter for students and can be placed at the front of the application process. (correct)
  • It primarily benefits social impact teams by providing them with more data.

Why is it crucial to improve communication regarding the return on investment (ROI) provided to clients?

  • To primarily focus on early careers teams and their specific needs.
  • To limit the sharing of program successes to internal teams only.
  • To ensure that clients are aware of the financial and social impact of the programs. (correct)
  • To reduce the cost of providing comprehensive social impact reports.

What type of support should be offered to the 'buyer' of the program within client organizations?

  • Restricting the collection of testimonials to senior leadership only.
  • Providing tools and assets to help them showcase the program's impact and raise their internal profile. (correct)
  • Focusing exclusively on social impact metrics and reporting.
  • Limiting their involvement to the initial stages of program implementation.

Why is engaging with bids and tenders teams within client organizations important?

<p>To shift the budget source from social impact or early career teams to contract winnings. (D)</p> Signup and view all the answers

What strategy can help in networking internally within client organizations to reach more potential teams and buyers?

<p>Implementing an end-to-end solution of taster to connect to prepare, and summarizing benefits for all stakeholders. (A)</p> Signup and view all the answers

Why is it important to reach senior stakeholders (C-suite, SLT) within client organizations?

<p>To increase influence and tap into potential revenue opportunities. (C)</p> Signup and view all the answers

What is a suggested method for engaging senior stakeholders with Springpod students?

<p>Creating virtual-to-reality or in-person elements within programs. (A)</p> Signup and view all the answers

What tool is needed to facilitate international cross-selling?

<p>A simple package to turn on translated versions of content on existing micro sites. (A)</p> Signup and view all the answers

How can destination data be used to benefit clients?

<p>By proving program impact both quantitatively and qualitatively. (A)</p> Signup and view all the answers

How would providing an ROI calculator to bids and tenders teams be impactful?

<p>It would provide a simple, predictable, and reliable tool for them to use. (A)</p> Signup and view all the answers

What is the primary reason for the positive reception of the 'prepared' license among clients?

<p>The under preparedness of students in employability skills and the AI coach element. (D)</p> Signup and view all the answers

What specific method is mentioned to make social impact reports more impactful?

<p>Making them comprehensive, beautiful, and easily shareable. (C)</p> Signup and view all the answers

How can off-the-shelf assets benefit the 'buyer' within client organizations?

<p>By enabling them to more easily promote the program's impact. (C)</p> Signup and view all the answers

Besides social impact teams, which other teams should be targeted to fully monetize 'connect'?

<p>Early careers teams. (D)</p> Signup and view all the answers

What main component of the 'prepared license' makes it stand out?

<p>The AI coach. (B)</p> Signup and view all the answers

Flashcards

Connects Use Case

Connects can be used flexibly to progress students from virtual to in-person experiences, especially by social impact teams.

Taster Experiences Strategy

Splitting virtual work experience programs into shorter, career-specific sprints and placing them at the front of the application process.

Prepared License AI Coach

An AI-powered tool to improve students employability skills.

Social Impact Reports

Comprehensive reports detailing the financial and social impact of programs.

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Shareable One-Pagers & Infographics

Brief, impactful summaries that can be easily shared internally among senior leadership teams.

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Champion the Buyer

Providing testimonials, videos, and assets that highlight the buyer's role in the program's success.

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ROI Calculator for Bids/Tenders

Tools to estimate return on investment for potential clients.

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Internal Networking

Engaging with various teams and individuals within client organizations to broaden reach.

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Engaging Senior Stakeholders

Reports and engagements designed to reach and influence senior-level executives.

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International Cross-Selling

Offering simple, packaged options to translate content and activate micro-sites in new regions.

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Destination Data

Data on where students go after program completion to quantitatively show the long-term impact.

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Study Notes

  • Key learnings have emerged from recent client meetings regarding new product performance.

Connect and Prepare Products

  • Clients will use Connect flexibly, particularly to transition students from virtual to in-person experiences.
  • This use case is common among social impact teams but may not generate sufficient revenue on its own.
  • Monestizing Connect fully requires engaging with early careers teams.
  • Taster experiences present an opportunity to divide virtual work experience programs into career-specific sprints.
  • Taster experiences can be placed at the beginning of the application process to filter student intent.
  • Clients reacted positively to using taster experiences as filters.
  • The Prepare license, especially the AI coach feature, was well-received.
  • Students are generally underprepared in employability skills for interviews and organizational entry.
  • Prepare can be offered at various stages by different teams, such as:
    • Social impact teams: offering licenses at scale to underrepresented groups.
    • Early careers teams: providing it to specific applicant subgroups (e.g., diversity targets).

Communicating Return on Investment (ROI)

  • There is a need to improve ROI communication to clients.
  • To improve ROI communication, three major ways that can be adopted are:
    • Providing comprehensive and shareable social impact reports detailing financial and social impact.
    • Creating impactful one-pagers for internal sharing and infographics summarizing benefits.
  • Champion the buyer by supporting their internal profile and highlighting their innovation's impact.
  • Secure testimonials, videos, and assets that prominently feature the buyer and their role in the program's success.
  • Provide off-the-shelf assets like award entry templates and business case templates to help buyers showcase their impact.

Engaging with Bids and Tenders Teams

  • Engage with bids and tenders teams to provide an ROI calculator.
  • The ROI calculator will help build packages for bids and tenders.
  • Winning bids and tenders can lead to budget allocation from those contracts.
  • A simple, reliable tool for bids and tenders teams can streamline social impact package creation.

Internal Networking and Stakeholder Engagement

  • Increase internal networking to reach more personas and teams.
  • The end-to-end solution (taster to connect to prepare) can unite stakeholders.
  • Social impact reports and ROI calculators can summarize benefits for all stakeholders.
  • Improve engagement with senior stakeholders, including the C-suite/SLT.
  • Engaging with senior stakeholders requires simple, impactful reports.
  • Get Springpod students in front of senior influencers through in-person program elements or other engagement opportunities.

Internationalization and Data Utilization

  • Improve tools for cross-selling internationally to allow clients to easily translate content into other regions.
  • Destination data can quantitatively and qualitatively prove impact..

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