The goal with the pilot program model is to conduct an initial financial education program and report the results. A pilot program is a smaller course that helps you test your financial education initiative.
Proving your program’s impact by conducting an initial pilot program and reporting on the results should be the primary goal for anyone in the financial education industry. For people new to the industry or who have not reported their program results data – completing programming, taking comprehensive testing, and reporting on the data should be your primary goal.
Conducting an initial program and including details of the results in a case study report offers leaders of financial education programs many benefits. Internally, reviewing your program results will help you identify and improve your program. Externally, the reports will demonstrate your professionalism and program impact to expand your program and leverage funding opportunities.
Finding a partner organization will provide you many benefits, including: they provide a venue so there are no venue costs; they get people to your event; and they provide other event support. Finding partner groups is easy if you have built a solid foundation. When you’re starting out, the easiest groups to work with include nonprofits, faith-based groups, and community organizations because they are looking for people to provide a variety of programs. Here’s what you should understand:
Proving your competencies as a top-quality provider of financial education programming that makes a measurable impact should be your first goal once you start to roll out your training. In our interviews with thousands of financial education providers, only a few routinely build out case study reports that demonstrate their impact. By building case studies of your programs, you can stand out among the crowd.
The process of building case study reports takes more effort on the first few, but it gets easier each time. The key is to have a clear plan regarding what information to gather and collecting that information at established points of your program. Once gathered, the information can easily be added to case study report templates and leveraged to help you expand your programming.