Home Back Issues May 2011 Educational nonprofit makes software for schools

Educational nonprofit makes software for schools

| Print |  Email
Articles - May 2011
Wednesday, April 20, 2011
Article Index
Educational nonprofit makes software for schools
NWEA, page 2

0511_Tactics_01By Ben Jacklet // Photos by Lynn Howlett

When Matt Chapman took over as president and CEO of the Northwest Evaluation Association in December 2006, he had no experience in running an educational nonprofit of any size, much less one growing by 22% per year.

What he did have was deep experience in running a large, complex technology business. The company he ran for 13 years, CFI, developed the killer app of the banking industry, creating loan documentation designed to adapt to the characteristics of each specific loan. The nonprofit he now runs, NWEA, developed the killer app of the computer adaptive testing world, building tests that change as the student takes them, becoming more difficult in response to correct answers and easier in response to wrong answers.

Chapman, 60, took the job on the hunch that the same principles for strategic growth would apply to both organizations.

He was right. During his tenure at NWEA, revenue has grown from $26 million to $72 million. The workforce has grown from 180 to 412 people. More than 5 million children use NWEA software to learn.



 

More Articles

OB Video: Building trade ties with the EU

News
Monday, June 16, 2014
BritEmbCampionBY KIM MOORE | OB RESEARCH EDITOR

The Oregon economy could get a boost from a new trade agreement being negotiated between the U.S. and the European Union.


Read more...

Hipsters gone wild

June 2014
Thursday, May 29, 2014
BY JON BELL

A new generation of outdoor apparel companies targets the young and the urban.


Read more...

Who said we should sell in May?

Contributed Blogs
Friday, July 18, 2014
BullMarketBY JASON NORRIS | OB GUEST CONTRIBUTOR

Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”


Read more...

Q&A: David Lively of Organically Grown Co.

News
Tuesday, July 01, 2014
OGCLogoBY HANNAH WALLACE | OB BLOGGER

Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.


Read more...

Trends in business succession

News
Thursday, July 03, 2014
TrendsBY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS

The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.


Read more...

Powerlist: Credit Unions

June 2014
Thursday, May 29, 2014
BY KIM MOORE

A conversation about credit unions with the CEOs of Advantis Credit Union and OSU Federal Credit Union, followed by June's Powerlist.


Read more...

South Waterfront's revenge

News
Thursday, July 24, 2014
MoodyAveBY LINDA BAKER | OB EDITOR

Remember the naysayers?  Those who called the South Waterfront aerial tram a boondoggle?  Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS