Maximizing Millennials: The who, how, and why of managing Gen Y — from onlinemba.unc.edu posted by jherbst
Via MBA@UNC Online Business Degree & The YEC
Online MBA 2012 Listing — from ft.com
Stopping the ‘brain drain’ of the U.S. economy — from NPR
Excerpts:
“The problem is that when you’ve got 20 to 30 percent of some of the top talent in this country going into a sector that is not necessarily contributing to economic and social productivity,” he says. “That’s a problem for the country at large and it’s something that we should all be concerned about.”
…
Economist Paul Kedrosky with the Kauffman Foundation says elite schools sending a bigger share of their graduates into finance and consulting is not new; they’ve been doing it for at least two decades. Kedrosky tells NPR’s Raz that what’s different now is that those students have essentially used their talents to grow the financial sector in ways that are unhealthy for the overall economy.
From DSC:
Some relevant scripture comes to my mind — which I, myself, also have to reckon with (these are hard teachings, especially in this day in age…but on second thought, in any age for us humans)
For where your treasure is, there your heart will be also.
No one can serve two masters. Either you will hate the one and love the other, or you will be devoted to the one and despise the other. You cannot serve both God and money.
For the word of God is alive and active. Sharper than any double-edged sword, it penetrates even to dividing soul and spirit, joints and marrow; it judges the thoughts and attitudes of the heart.
“For the word of the LORD is right and true; He is faithful in all He does. The LORD loves righteousness and justice; the earth is full of His unfailing love.”
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From DSC:
One last, relevant reflection here…
I’ve been wondering about the place of the heart when it comes to capitalism. I was listening to Gary Hamel earlier today — Gary is author of the new book, What Matters Now (thanks to Daniel Pink’s Office Hours) and one of the items Gary mentioned was the need for a moral renaissance in business today. The comments were that:
Addendum on 3/1/12 pointing to the relationship and relevancy of our hearts as they relate to capitalism:
From DSC:
How is it that corporations are sitting on trillions of dollars (estimates vary) but the unemployment rate continues to be towards the high end of historical unemployment rates? Where’s the love and compassion for one’s fellow man? (Some of Charles Dickens’ writings in The Christmas Carol come to my mind here…)
One has to ask, what’s the state of our hearts these days? Is business just about serving the almighty shareholder? Is that the ultimate goal of our businesses? Seriously…what percentage of Americans is that perspective currently benefiting? (I don’t have the answer/data, but I bet its not a majority of Americans. The lines at the soup kitchens and shelters are getting longer, not shorter.) Corporations have — today — the power to change the situation. But what’s the ultimate vision of our corporations? Who do our corporations ultimately serve?
Some relevant articles:
Addendum on 10/4/11 to potentially address a part of the other side of the table here:
Reinventing the Technology of Human Accomplishment — by Gary Hamel; from the University of Phoenix Distinguished Guest Video Lecture Series.
From DSC:
No matter whether you agree with what Gary is saying or not, can you imagine if every lecture contained this type of team-based assistance in creating the motion graphics, recording the video, editing the video, executing proper sound design principles, etc.? Most likely such an endeavor would be more achievable/successful when producing content in a controlled, studio type of environment — and then presenting it online (vs. trying to do this in front of a live classroom/audience/face-to-face.)
Anyway, very powerful communication channels here! Excellent use of motion graphics to backup his message. A transcript with bolded headings and colored main points would be great too. By the way, wouldn’t it be cool for “call outs” to appear — somewhat in an augmented reality sort of way — when a main point was just made?!
Description of video:
Watch Gary Hamel, celebrated management thinker and author and co-founder of the Management Innovation eXchange (MIX), make the case for reinventing management for the 21st century. In this fast-paced, idea-packed, 15-minute video essay, Hamel paints a vivid picture of what it means to build organizations that are fundamentally fit for the future—and genuinely fit for human beings. It’s time to radically rethink how we mobilize people and organize resources to productive ends. Here’s how we start.
This video is an excerpt from the University of Phoenix Distinguished Guest Video Lecture Series.
Sample screen shots:
From DSC:
Again, can you imagine the bump in engagement/attention spans if a faculty member could be backed up by these types of motion graphics!?
From DSC:
I realize that many of the for-profits are already using teams of specialists…but many others are not.
–Originally saw this at the
Higher Education Management blog by Keith Hampson
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From DSC:
If you doubt that…read on…
The New Normal: Universities Sponsoring Online High Schools — from EdReformer.com
K12 announced today that they are partnering with George Washington University to launch The George Washington University Online High School. This private high school will serve students from the US and countries around the world January 2011.
Students are constantly trying to find options that will set them apart from others and participating in this rigorous college preparatory program could be the key. In addition to the curriculum, students who attend an online high school connected to a University such as GWUOHS will have college counseling, personalized learning tools, test preparation, even guidance through the scholarship process.
GWU is not the only university sponsoring online high schools. Stanford has the EPGY Online High School. University of Missouri High School and The University of Oklahoma offer year-round and dual enrollment courses. Whether public or private schools, the possibilities are endless for students. Training for sports, starting a business, volunteering, working in the arts, all can become easier by signing in to your online courses from the nearest computer.
Through major universities in partnership with online providers, students are reaping the benefits of university resources online high schools. It is interesting that we do not see this type of partnership more often.
MIT tries new approach for some OpenCourseWare (OCW) — from The Chronicle by Jeff Young
New MIT OpenCourseWare Initiative Aims to Improve Independent Online Learning — from the NYT by Aurey Watters of ReadWriteWeb
MIT OpenCourseWare is launching five new courses today that mark a new model for one of the world’s premier open educational resources. These OCW Scholar courses are designed for use by independent learners, and like the other material made available through MIT OCW, are freely available for anyone to pursue. These aren’t distance learning classes – there is no instructor, no contact with MIT, no credit. But the courses are meant to be stand-alone offerings, not requiring any additional materials for learning.
Technology Empowering Online Learning at Post-Secondary Level — from TMCNet by Beecher Tuttle
Times have changed, however. With lower budgets, limited physical space and new insight into the effectiveness of online learning, a myriad of highly regarded public and private colleges and universities have begun transitioning their curriculum to a digital world. In fact, the University of North Carolina at Chapel Hill, one of the most well thought-of state institutions on the East Coast, recently announced its plans to offer its prestigious MBA program completely online. The business school’s dean told Mashable that the university made the move because it did not see online learning as a lesser form of education, if delivered properly.
Quick aside from DSC:
Re: that last sentence…please…let’s stop asking the question if online learning is as good as face-to-face learning. That question has been answered time and again.
The question now is, how will face-to-face learning begin to keep up and measure up to online learning as online learning begins to hit its real stride? We haven’t seen anything yet; and at this point, innovation is happening at much faster speeds in the online world. Those professors, teachers, and trainers used to working solely in the face-to-face teaching and learning environments better really start asking themselves how they will innovate, and how they will respond to the K-12 students (and employees) that are changing right in front of our eyes!
New Web Venture Offers ‘Syndicated Courses’ — from The Chronicle by Tusher Rae
Omnicademy, a for-profit institution conceived at Louisiana State University, hopes to allow professors to syndicate their courses this fall.
The company’s system will let professors upload material from courses they’re already teaching and offer the courses to students at other colleges through the Omnicademy site, said the company’s founder, Stacey Simmons, associate director for economic development at Louisiana’s Center for Computation and Technology.
Universities can review the courses and decide which ones they want to adopt and offer credit for. When students log into Omnicademy—using a .edu e-mail address—they will only be allowed to select from courses that have been approved by their institution.
If a student wishes to take a course offered through Omnicademy that is not on the list approved by his or her university, Omnicademy will negotiate on behalf of that student with the university, Ms. Simmons added.
2020 Vision — from neXtedu
The MEGATRENDS I see changing the Education Industry are:
1) The Knowledge Economy:
Prediction: By 2020, Assessment becomes the currency for the Knowledge Economy, not where you went to school. In other words, opportunity will truly be driven by what you know, not by where your degree is from.
2) Globalization:
Prediction: By 2020, there will be Global Schools like Avenues and Mosaica in the primary and secondary market and an acceleration of Global Universities will be driven by online offerings. Moreover, study abroad will become a standard part of a college education (up from 1% of the students currently) and will even be an important feature for top-tier private K-12 schools.
3) The Internet: …Web 2.0 is truly about “democratizing” education, not only increasing access and lowering cost but also improving quality.
Prediction: By 2020, all college students will have a “blended” or “hybrid” learning experience, as will nearly all high school students. Virtual School operators such as K12, Connections Academy and Florida Virtual have millions of students and Arizona State University Online becomes the largest University in the World. The information that is made readily available by new media education sites such as Center for Education Reform’s “Media Bullpen” and the Education Breakthrough Network create a “dismantling of the Berlin Wall” moment for school choice, with a flood of opportunities coming to parents and students throughout the United States.
4) Outsourcing:
Prediction: By 2020, students in Charter Schools will have more than tripled from 3% to 10% of America’s student body, and it will become standard to integrate specialists, from foreign languages to mathematics, into the “traditional” school. Teach for America becomes a “for profit” as does KIPP, eliminating the ongoing need to raise tens of millions of dollars every year and instead utilize investor capital to sustain and grow their businesses. I predict over 25% of Universities will have partnerships with outsourced providers to manage their online offering. Several states will decide to “privatize” their public university system.
5) Consolidation:
Prediction: By 2020, the trend of less power and money from local coupled with a rationalization of the market will see many districts consolidate under either regional or state governance. As many as 1/3 of the private colleges and universities will either “merge” with other universities or go away.
6) Demographics:
Prediction: By 2020, Education is the #1 national issue driven by minorities understanding that equal access to education is key to their future — and zip code shouldn’t determine a student’s earnings power. Early stage childcare becomes much more of a national priority with leaders such as Bright Horizons being the model for how corporations and parents work together to provide the early learning needed to be “school ready”. Gaming will be a standard component of core curriculum and supplementary learning with companies like Dreambox, Tabula Digita , Knewton and Grockit creating powerful adaptive platforms.
7) Network Effects:
Prediction: By 2020, large learning networks are created in K12, Higher Ed and the Corporate Marketplace driven by gigantic network effects. Platforms that support “apps” such as digital content, assessment, and social collaboration are supported by three or four large players.
8) Freemium:
Prediction: By 2020 some of the largest education companies will be “freemium” models with revenues driven by premium services, sponsorships and ads. In a world where “assessment is the currency” for opportunity, freemium models that deliver high value knowledge at no cost or a fraction of the cost (like Academic Earth) will be very disruptive to high cost providers.
9) Open:
Prediction: By 2020, most colleges and universities have abandoned their captive LMS and have adopted open solutions, and service providers such as RSmart and Moodle Rooms are thriving.
10) Brands:
Prediction: By 2020, institutions with substantial brand equity will have multiple partners to leverage into cash to supplement endowments and flattish tuitions. As with case studies from other sectors that have created network effects with freemium models, GLOBAL MEGABRANDS will be created with a number of education companies obtaining $10 billion plus market caps.
Arizona State University’s Education Innovation Network
The Education Innovation Network is an open innovation platform where entrepreneurs can find the resources to validate concepts, accelerate growth and reach transformative scale.
From DSC:
Again…do you hear the waves of change crashing on our shores? Do you sense the increased speeds of the “cars on the racetrack”?