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RT101: 2015 Ratings. 7/15/2015. Objectives. A few norms for this session. No technology required during this session, though feel free to take notes however you are most comfortable Please feel free to ask questions as they come up
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RT101: 2015 Ratings 7/15/2015
A few norms for this session • No technology required during this session, though feel free to take notes however you are most comfortable • Please feel free to ask questions as they come up • Stay engaged! And draw connections between this session and the Selection Model section
Context: prospect prioritization stems from our RT charge • Our RT Charge calls us to recruit a diverse, high quality corps to meet regional need for corps members • Given our capacity and budget, we need a system that helps us focus on the “right” prospects out of more than 260,000 prospects currently in TFACT (imagine if we had no system…) • Our ratings system is designed to be one of the key tools to help focus and tailor our approach to recruiting
The recruitment team uses the selection model as a tool to strategize Familiarity with selection model Strategy!!! Campus/Sector Context Lots of other things…
Thought experiment: how should we approach prioritizing prospects? What’s important?
Each area has its own approach Approach: fully source a diverse prospect pool and tailor the recruiting approach appropriately Approach:build a system that objectively categorizes (rates) prospects by their likelihood of admission
Each area has its own approach Approach:fully source a diverse prospect pool and tailor the recruiting approach appropriately Approach: build a system that objectively categorizes (rates) prospects by their likelihood of admission Today is focused on the ratings system to prioritize prospects based on admission
Let’s start with a description of what ratings are and are not • Ratings are… • A system to help objectively understand the admit probability of an individual prospect • Based on information collected during the recruitment stage • One of many tools (including understanding your landscape) to help prioritize your pipeline • Especially helpful when we have limited additional information on a prospect • Ratings are not... • A value judgment of an individual prospect’s worth • Deterministic / fate (i.e., they are based only on what’s measureable at the recruiting stage; as well, they are probabilistic) • The only tool that helps to prioritize prospects; we should apply our additional knowledge and context when deciding on a recruitment approach
Ratings are expressed on a 1-10 scale, where each number represents a probability range Probability of Admission by Rating A Brief Note on Probability • Probabilities help us reduce the amount of uncertainty about some event happening; in this case, the event is whether a prospect will be admitted • “Probability” in this context specifically means “on average, candidates with profile X are admitted at a Y% probability • Many prospects rated 1 will be admitted; as well, many prospects rated 10 will not get in; that said, on average and in aggregate, prospects rated 1 will be admitted at lower probabilities than prospects rated higher than 1 • These probabilities are calculated using a regression analysis based on last year’s admissions data
Ratings look like this in TFACT Here’s the rating!
Ratings are built off of data collected and scored at various points in the recruitment continuum Let’s zoom in on the first three data points
Leadership is assessed by recruiters using the below rubric (Campus only)
Let’s take a quick crack at rating leadership Trudy Tenacious Extraordinary Significance • Orientation Assistant for New Student Orientation • 3.5 GPA in Economics • Resident Assistant in Stanton Hall Significant Significance Moderate Significance Minor Significance Non-Leadership
Answer: Moderate Significance You are correct! Trudy holds two moderate leadership positions depending on the selectivity of the Orientation Assistant role (but the RA role almost always indicates moderate leadership). Even though there are two roles, we still only use the most selective one to calculate leadership.
Let’s try one more! (Last one, I promise) Extraordinary Significance Neil Nefarious • Assistant HS varsity softball coach • Lab technician • Writing a thesis in government at Cal Poly Significant Significance Moderate Significance Minor Significance Non-Leadership
Answer: Minor Significance You are exactly right! Neil’s leadership is a minor, less selective role on campus.
FIT is assessed during the prospect meeting; GPA from both sourcing and prospect meeting Ratings change and become more accurate the more data we have on a prospect
Finally, remember the selection model competencies? Achievement Orientation Demonstrated Skills Relationship Building Fit
The ratings model is a proxy for these competencies* based on available data GPA LEAD Achievement Orientation Demonstrated Skills FIT Relationship Building Fit *Important notes: the PRT also uses prospect type and school in its prioritization algorithm. While these are not direct proxies for selection competencies, they are useful information for predicting probability of admission; this is helpful for PRT prioritization because MPRs manage more heterogeneous prospect pools than RMs
We use and assess ratings on the RT at multiple places along the recruitment continuum You will learn a lot more about the specifics of above in future sessions
Let’s recap our objectives Ratings are an automated system on a 1-10 scale that helps prioritize prospects for Outreach/Cultivation by predicting probability of admission Ratings are a proxy for the selection model because the components used for rating approximate many of our selection competencies