Our first #FinnemoreFireside of this academic year is with Lyndon Stickley (CEO) and Sam Curtis (Customer Service Director) from iplicit where they discuss, amongst other things, their company’s growth in the education sector.

iplicit offers a cloud-based finance and management software solution, tailored for frustrated on-premise legacy software users and establishments that have outgrown entry-level software. It’s a really insightful discussion and we cover topics including:

• The importance of change in the education sector, and the need for flexibility and adaptability in finance and management systems.
• The evolution of MATs and whether they should be expanding on their requirements when going out to tender for a Finance system – or any system – to include areas of their strategy
• 3 pillars of change
• The challenges of moving from on-premise systems to cloud-based solutions and the importance of post-implementation support.
• How systems need to continue to disrupt, innovate and develop to stay ahead of the game, and how this can be difficult for large or incumbent companies
• Maintaining partnerships with customers and reducing any friction to ensure the customer has the best experience.
• The significance of listening to the market and customers’ needs for successful change and growth in the education sector.

Enjoy!

Management Information Systems are the backbone of educational institutions, helping them to make informed decisions, streamline operations, and enhance overall efficiency. In the past, MIS was primarily about data storage and reporting, but it has since evolved into a multifaceted ecosystem. Today, MIS encompasses a wide array of functions, including student information management, financial administration, communication, parental engagement, analytics, and supporting the school development plan.

Last week, over 250 of you brilliant people participated in our online MIS Discovery Sessions, thank you so much for supporting our events. Everyone from MIS managers and finance officers, to support partners and headteachers attended – there’s just so much interest in what’s possible in the world of MIS right now.

The Ever-Evolving World of MIS

One of the key reasons for MIS’s continuous evolution is its adaptability to changing educational needs. As technology advances and educational methodologies evolve, MIS systems have had to keep pace. This adaptability is essential in helping educational institutions meet the ever-changing demands of students, parents, and regulatory bodies.

Looking Ahead

The world of MIS is poised for even more exciting developments in the future. With advancements in artificial intelligence, data analytics, and cloud computing, MIS will continue to transform the way educational institutions operate. It will empower educators and leaders to make data-driven decisions, personalize learning experiences, and improve overall educational outcomes.

Engaging in the World of MIS

Nick and I have both worked in this area for over 20 years now and love how it continues to innovate – as it should! If MIS is your thing then you can:

1. Join our ‘Future of MIS’ LinkedIn Group: Our online community, ‘Future of MIS,’ on LinkedIn is a hub for like-minded individuals. Here, we share insights, discuss trends, and connect with professionals who share your passion for MIS. Join us here.

2. Access Discovery Session Recordings: In our recent MIS Discovery Sessions, we had the privilege of hearing from industry leaders Bromcom, Arbor Education, and IRIS Education. These sessions are a treasure trove of knowledge, and you can access the recordings to gain valuable insights into the latest developments in MIS:

Bromcom MIS Discovery Session

Arbor MIS Discovery Session

IRIS Ed:gen MIS Discovery Session

3. Explore Our #FinnemoreFireside Chats: We’ve had the privilege of sitting down with edtech and MIS thought leaders to discuss the future of MIS in education. These insightful conversations are available on our blog, offering you a chance to hear from experts in the field. Explore our Fireside Chats here.

Next in our series of edtech thought leader Q&As is this conversation with Rowena Hackwood, Chief Executive Officer at Astrea Academy Trust, a family of 29 schools across South Yorkshire and Cambridgeshire with a proven track record of school improvement.

It was great to be able to get the perspective of a MAT leader as it’s something both edtech and MIS suppliers need to have at the heart of their product strategy. In this interview we talk about:

• What drives Rowena and her work in education
• Her approach to taking on a MAT, and what’s involved in the first 6 months as a new MAT CEO
• The most important factors when looking at edtech solutions across her MAT, and the biggest issues
• Innovation across the edtech sector as a whole, and what she’d like to see tackled by suppliers

We’ve split the interview into four parts to make it easier to digest. Enjoy!

Over the summer holidays, Nick caught up with Scholarpack CEO, Richard Harley, for the next in our series of Q&As with edtech business leaders.

Scholarpack is the only MIS created specifically for primary schools. In this interview, Nick and Rich discuss why creating a unique MIS to meet the specific needs of primary schools has worked so well, and how the MIS educations sector might change in the future.

We’ve split it into three parts to make it easy to digest.  Enjoy!

I have worked with many CEOs who say the trouble with strategizing is that is all that happens.  They want action!

People can procrastinate around the strategy.  In many cases, boards are reluctant to spend money if there are potential questions unanswered. As Donald Rumsfeld said “known unknowns”.

However, as with a lot of situations in business, how do you know what is the right amount of information to make a decision?  You’re never going to know everything at the beginning and, like the rest of the product process, you will continue to iterate the strategy as you have more information and realign.

So why is it important to have a strategy?

A product strategy is essential to product execution and achieving the product’s business goals.

A strategy lays out a plan on how that goal will be achieved. Without a product strategy, product execution is often haphazard. You risk moving from one crisis to the next – or from one deal to the next, as you will be redirected by the different priorities of your internal stakeholders.

If you do not own the strategy, communicate it and get buy-in from all your stakeholders, everyone else will set a strategy in their heads. It will become hard to own the direction of your solution(s). This doesn’t mean you shouldn’t be listening to all stakeholders, but you need to own the strategy and direction of your solution.

Remember you are the CEO of your Products!!