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WHY A PUBLIC-PRIVATE PARTNERSHIP IS THE RIGHT
CHOICE FOR YOUR INSTITUTIONHOW TO UTILIZE YOUR PARTNERSHIPS
TO IMPROVE STUDENT RECRUITMENT AND RETENTIONBY FOCUSING ON THE STUDENT EXPERIENCE
YOURINSTITUTION’S SUCCESS INTODAY’S HIGHER EDUCATION ENVIRONMENT DEPENDS ONONE THING ...
The student experience.
TO STAY COMPETITIVE AND ATTRACT AND RETAIN STUDENTS, INSTITUTIONS MUST PRIORITIZE INITIATIVES THAT PROMOTE A POSITIVE UNDERGRADUATE EXPERIENCE—
WHICH EXTENDS WELL BEYOND ACADEMICS.
WHAT AFFECTS A STUDENT’S EXPERIENCE DURING THEIR TIME AT YOUR INSTITUTION?• Dining services• Campus living and social spaces• Post-graduate career opportunities
A PUBLIC-PRIVATE PARTNERSHIP (P3) CAN HELP YOUR INSTITUTION: • Become more competitive in student recruitment
• Enhance retention
• Improve student satisfaction
• Create lifelong ambassadors for the school
• Tackle deferred maintenance
HERE’STHE BAD NEWS:
If you haven’t alreadystarted improving your campus facilities
YOU’RE ALREADY BEHIND.
BUT THERE’S GOOD NEWS, TOO!
WITH THE HELP OF A P3 AGREEMENT, YOUR INSTITUTION CAN IMPROVE THE STUDENT EXPERIENCE FASTER, EASIER AND MORE AFFORDABLY.
NEW AND IMPROVED DINING FACILITIES TO BOOST RECRUITMENT
DID YOU KNOW?60% of students said they would eat on campus more frequently if additional healthy options were available.(Source)
A P3 AGREEMENT GIVES YOUR INSTITUTION ACCESS TO THE THINGS YOU NEED TO MAKE BETTER DINING
SERVICES A REALITY.
Expertise! Resources! Budgetary Planning!
Speed toMarket!
Of course, if your dining services have always been self-operated, this can feel like a really big step. How do you know if outsourcing is right for your institution?
YOU PROBABLY HAVE SOME QUESTIONS AND CONCERNS.
IS THERE ANYTHING A P3 AGREEMENT CAN DO FOR OUR DINING SERVICES THAT WE COULDN’T ALREADY DO FOR OURSELVES?
Thanks to a wealth of experience and strong industry relationships, collaborating with a P3 authority gives your institution the advantageof working within its fine-tuned system.
Q A
HOW CAN IEXPECT AN OUTSIDE COMPANY TO UNDERSTAND OUR UNIQUE STUDENT BODY AS WELL AS INCOMING FRESHMEN?
A P3 provider isn’t interested in approaching your campus with a “one size fits all” solution. Instead, it will conduct extensive research and monitor student and dining trends. It will collect feedback from students to gain a strong understanding of existing behaviors, tastes and preferences. But, not all private companies are created equally. It is essential to know the existing systems, infrastructure, programs and partnerships to ensure they can provide what is mentioned here.
Q A
WILL IMPROVING OUR DINING FACILITIES REALLY MAKE THAT MUCH OF A DIFFERENCE?
A recent ACT national survey indicated high-quality cafeteria options were strongly correlated with increased student success.
Q A
NOT CONVINCED? JUST ASK THE UNIVERSITY OF KENTUCKY. Within the first year of its P3 agreement with Aramark, UK saw the following changes on campus:
• Improvements to nine dining facilities in just the first two months
• Five new restaurants and six new brands added
• The launch of a new health and wellness platform
• A decrease in meal plan costs
• A 30% improvement in meal plan sales
DON’T STOP WITHJUST DINING
Your campus facilities are the bones holding up your institution.
They’re responsible for making a first impression on prospective students visiting campus.
They provide your current students with much-needed space to live, learn, and socialize.
Their sustainability can make or break your operations budget.
BOTTOM LINE:
YOUR CAMPUS FACILITIES ARE TOO IMPORTANT TO BECOME OUTDATED AND
MISMANAGED.
HERE’S HOW OUTSOURCING YOUR FACILITY MANAGEMENT TO A P3 EXPERT can give your studentsthe on-campus experiencethey want.
A FACILITY SERVICES PROVIDER CAN: • Create a clean, safe environment where students return year after year.
• Provide advanced designs using locally sourced materials for contemporary architecture that reflects today’s trends while showcasing a university’s unique culture.
• Beautify campus and redesign spaces to promote gathering and social interaction.
• Bring innovative energy management strategies and strategic planning to save money and protect the environment.
• Provide access to external funding.
DID WE MENTION THEY CAN ACHIEVE ALL OF THESE THINGS ON A QUICK TIMELINE AND AN AFFORDABLE BUDGET?
BUT THE ADVANTAGESOF P3S DON’T STOP THERE.
POST-GRADUATE CAREER OPPORTUNITIES AND
BETTER JOB PLACEMENTFOR STUDENTS
STUDENTS EXPECT THEIR COLLEGES TO PROVIDE ACCESS TO INTERNSHIPS AND POST-GRADUATE CAREER OPPORTUNITIES.
BEING “ABLE TOGET A BETTER JOB”WAS THE TOP-RANKED (86 PERCENT) REASON TO ATTEND A PARTICULAR COLLEGE, according to The American Freshman 2014 Norms. A strong reputation for job placement can help improve enrollment.
EASIER SAID THAN DONE, RIGHT? BUT LET US ASK YOU THIS… …Have you
ever considered that your suppliers or partners should help offer student opportunities?
A P3 PARTNER
has the hidden advantage of helping your students work toward a successful future, both during and beyond their time on campus.
Take Aramark’s Step Up 2 Leadership (S2L) and Accelerate 2 Leadership (A2L) programs, for example.
STUDENTS AT ARAMARK’S PARTNER UNIVERSITIES CAN APPLY FOR WORK OR INTERNSHIPS THAT PROVIDE A PATH TO MANAGEMENT ROLES. STUDENTS RECEIVE:
• Accelerated training in multiple projects
• Opportunities for rotations
• Improved satisfaction
• Other experiences not often available in traditional internships
• More potential for job placement
SO, JUST WHAT KIND OF AN IMPACT COULD THIS HAVE ON YOUR INSTITUTION?Every year, Aramark hires an average of 1,000 students directly from partner universities.
That’s 1,000 more students getting valuable career experience—1,000 more students getting right to work after graduation.
BUT DON’T JUST TAKE OUR WORD FOR IT.
Over the summer before my senior year, I moved to Nashville to be the Human Resources S2L at the newly acquired Aramark account, Nissan Stadium (formerly LP Field), home of the Tennessee Titans. I believe I benefited a tremendous amount from my experience with the team there because I was given the opportunity to take responsibility for an entire workforce and their own employment with Aramark. At the end of the summer, I had learned more than I ever imagined and am happy to continue my experience with Aramark through the A2L Program following graduation.”
JULIA COLLINSSAINT JOSEPH’S UNIVERSITY
Being able to work in a fast-paced environment within different business units for Aramark has been a great experience. Developing reports that significantly affect day-to-day functions, leading meetings in front of 50-plus employees and exercising the skills that I have learned during this program have helped shape my career path. The A2L Program has taken me from a college graduate to a branch manager and then to a district manager within two years.”
MICHAEL RICHARDSONUNIVERSITY OF NEVADA, LAS VEGAS
A P3 AGREEMENT CAN HELP YOUR INSTITUTION ACHIEVE YOUR BIGGEST GOALS:1. Drive recruitment and retention.
2. Improve your physical assets.
3. Provide career opportunities for your graduates.
4. Keep your college or university operating efficiently and effectively for many years to come.
5. Give your students the best academic experience possible.
WHAT ARE YOU WAITING FOR?Download our full guide, HowPublic-Private Partnerships CanEnhance the Student Experience