Can the Right Measures Increase Innovation and Success? Frederick M. Hess

Can the Right Measures Can the Right Measures Increase Innovation and Increase Innovation and

Success? Success? Frederick M. HessFrederick M. Hess

TurnaroundsTurnarounds

Small class size

Source: National Center for Education Statistics, Digest of Education Statistics 2007

Spending Per Pupil and NAEP Test Scores for 17-Year-Old Students

“The average lifespan of a Fortune 500 company—from its inception

to disappearance—is only 50 years.”

--Claire Brown, John Haltiwanger and Julia Lane, Economic Turbulence: Is a Volatile Economy Good for America? (Chicago: University of Chicago Press, 2006)

“Of the nation’s twenty-five biggest firms in 2005, three-quarters

didn’t exist in 1965.”

--Diego Comin and Thomas Philippon, “The Rise in Firm-Level Volatility: Causes and Consequences,” National Bureau of Economic Research Macroeconomics Annual 2005 (Cambridge, MA: MIT Press)

School Builders Talent Providers Tool Builders

Source: Frederick M. Hess and Jon Fullerton, Balanced Scorecard and Management Data . Center for Educational Policy Research working paper (Cambridge, MA: Harvard University, February 2009)

Making Data-Driven Management a Reality

Student Outcomes

Students, Staff & Inventory

FinanceInstructional & Curricular Operations

Human Capital Operations

System Operations

Collect basic student, financial & HR dataLink data over timeAnalyze customer service dataCollect granular data Connect data across content areasDo all of the above in real time

NCLB-style metrics

Source: Stretching The School Dollar: How Schools and Districts Can Save Money While Serving Students Best , ed. Frederick M. Hess and Eric Osberg (Cambridge, MA: Harvard Education Press, 2010)

Cost Equivalent Cut

Teacher salary $4,500 Pay CutPupils Per Class 2 AddedTeacher Aides 1/6 EliminatedPreparation Time Per Week 2.5 Hours Added

HUMAN CAPITAL

• Teach For America

• New Leaders for

New Schools

• The New Teacher

Project

TOOL BUILDERS

• Wireless

Generation

• SchoolNet

• SMARTHINKING

INVESTORS• NewSchools Venture Fund• Charter School Growth Fund• Knowledge Investment Partners

SCHOOL BUILDERS• KIPP Schools• Green Dot Public Schools

• Achievement First

INFRASTRUCTURE• The Mind Trust• New Schools for New Orleans• High Tech High Ed School

Can the Right Measures Can the Right Measures Increase Innovation and Increase Innovation and

Success? Success? Frederick M. HessFrederick M. Hess