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Now THAT is true leadership — when people (who have a lot to lose) take serious risks to urge change. [Christian]

On 07/13/2012, in business side of he, change, changing business models, colleges, cost of getting a degree, dangers of the status quo, Daniel S. Christian, education reform, funding / grants, future of higher education, game-changing environment, higher education, innovation, leadership, reinvent, staying relevant, strategy, student-related, surviving, United States, universities, vision/possibilities, by Daniel Christian

My hats off to Clayton Christensen and Henry Eyring!  My respect level just went up yet another notch for these two people.

Seeing as Clayton is a Professor at ***Harvard‘s*** Business School and Henry is an ***Administrator*** at Brigham Young University, their stance and recent letter to college and university trustees nationwide is a wonderful example of true leadership.   They risked many things by taking a stand and urging institutions of higher education to change. Their purpose is noble. Their message should be heeded.

From the website of the American Council of Trustees and Alumni: (emphasis by DSC)

Clayton Christensen: higher ed trustees “crucial as never before”
Harvard Business School professor (and bestselling author of The Innovator’s Dilemma) Clayton M. Christensen and Henry J. Eyring of Brigham Young University recently sent a letter to college and university trustees nationwide, recognizing a critical turning point for the future of higher education. “If you’ve been serving for more than a few years, you’ve seen a big change in the nature of trustees meetings,” the authors wrote. “Before the downturn of 2008, the agenda tended to focus on growth and on ways to fund it…. At some point, the bubble was bound to burst—or at least start to sag. Now that it has, your role becomes crucial as never before.” The letter urges trustees to demand innovative solutions to expand student access and improve academic quality at their institutions: “The innovators can do more than merely avoid disruption. They can help usher in a new age of higher education, one of unprecedented access and quality, a combined industrial revolution and renaissance.”

 

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Addendum on 7/16/12:

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University of Virginia — “…a few early raindrops and gusts of wind before the real storm hits.”

On 06/27/2012, in change, changing business models, colleges, community colleges, cost of getting a degree, dangers of the status quo, Daniel S. Christian, education reform, elearning, future of higher education, game-changing environment, higher education, innovation, internet, leadership, New "Amazon.com" of Higher Education, online learning, reinvent, staying relevant, strategy, surviving, by Daniel Christian

From DSC:
My cousin helps Fortune 500 companies innovate and deal with change management-related issues.  Something he once said is rather haunting to me now…

“Often when organizations start feeling the pain, it’s too late at that point.” (Think Blockbuster, Kodak, Borders, and many others.)

So that has been the question I’ve been pondering these last couple of years — are we already too late to the game?

 

Public universities see familiar fight at Virginia — from the NYT by Tamar Lewin on 6/25/12

Excerpt (emphasis DSC):

The tumult at the University of Virginia …reflects a low-grade panic now spreading through much of public higher education.

…

But the 10-point outline she offered — listing state and federal financing challenges, the changing role of technology, a rapidly changing health care environment, prioritization of scarce resources, faculty workload and the quality of the student experience, faculty compensation, research financing and the like — was almost generic, and would have applied to nearly every public university in the nation.

Rebuilding Mr. Jefferson’s University — from insidehighered.com by Kevin Kiley

Excerpt (emphasis DSC):

In a statement before the vote, Dragas said the events of the past two weeks have actually unified the campus around a series of questions it needs to address. “Prior to these events, there seemed to be a roadblock between the board’s sense of urgency around our future in a number of critical areas, and the administration’s response to that urgency,” she said. “Also, many of our concerns about the direction of the university remained unknown to all but a few. This situation has now keenly focused the attention of the entire university community on the reality and urgency of the specific challenges facing the university  – most of which, once again, are not unique to U.Va. – but whose structural and long-term nature do require a deliberate and strategic approach.”

University of Virginia: Only the Beginning — from The American Interest by Walter Russell Mead

Excerpt (emphasis DSC):

What we see at UVA this month is just a foretaste of the storm that is coming — a few early raindrops and gusts of wind before the real storm hits. The country needs more education than the current system can affordably supply, and the pressure on the educational system will not abate until this problem is resolved.

Fixing college — from the NYT by Jeff Selingo, editorial director at The Chronicle of Higher Education, who is writing a book on the future of higher education

Excerpt:

Other information industries, from journalism to music to book publishing, enjoyed similar periods of success right before epic change enveloped them, seemingly overnight.We now know how those industries have been transformed by technology, resulting in the decline of the middleman — newspapers, record stores, bookstores and publishers.

Colleges and universities could be next, unless they act to mitigate the poor choices and inaction from the lost decade by looking for ways to lower costs, embrace technology and improve education.

 

Ousted Head of University Is Reinstated in Virginia — from the NYT by Richard Perz-Pena

Excerpt (emphasis DSC):

CHARLOTTESVILLE, Va. — Facing a torrent of criticism, the University of Virginia trustees made a stunning turnabout on Tuesday, voting unanimously to reinstate the president they had forced to resign over concerns that the university was not adapting fast enough to financial and technological pressures.

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The Higher Education Bubble [Reynolds]

On 06/11/2012, in cost of getting a degree, dangers of the status quo, Daniel S. Christian, disruption, future of higher education, game-changing environment, higher education, leadership, legislatures / government / legal, New "Amazon.com" of Higher Education, staying relevant, strategy, surviving, United States, by Daniel Christian

The Higher Education Bubble

Book Description
Publication Date: June 26, 2012

America is facing a higher education bubble. Like the housing bubble, it is the product of cheap credit coupled with popular expectations of ever-increasing returns on investment, and as with housing prices, the cheap credit has caused college tuitions to vastly outpace inflation and family incomes. Now this bubble is bursting.

In this Broadside, Glenn Harlan Reynolds explains the causes and effects of this bubble and the steps colleges and universities must take to ensure their survival. Many graduates are unable to secure employment sufficient to pay off their loans, which are usually not dischargeable in bankruptcy. As students become less willing to incur debt for education, colleges and universities will have to adapt to a new world of cost pressures and declining public support.

About the Author
Glenn Harlan Reynolds is the Beauchamp Brogan Distinguished Professor of Law at the University of Tennessee. He writes for such publications as The Atlantic Monthly, Forbes, Popular Mechanics, The Wall Street Journal, and the Washington Examiner. He blogs at InstaPundit.com.

Also see:

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From DSC:
Note many of the relevant categories and tags I put this under — items I’ve been covering for years:

  • Walmart of Education
  • Cost of obtaining a degree
  • Reinventing oneself
  • Dangers of the status quo
  • Game-changing environment
  • Future of higher education
  • Leadership
  • Strategy
  • Staying relevant
  • Disruption
  • Surviving

 

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The Campus Tsunami [Brooks]

On 05/04/2012, in 21st century, change, changing business models, dangers of the status quo, Daniel S. Christian, disruption, education technology, future of higher education, game-changing environment, higher education, innovation, Learning from the Living [Class] Room, New "Amazon.com" of Higher Education, new business models, online learning, staying relevant, surviving, by Daniel Christian

The Campus Tsunami — from The New York Times by David Brooks

Excerpts:

But, over the past few months, something has changed.The elite, pace-setting universities have embraced the Internet. Not long ago, online courses were interesting experiments. Now online activity is at the core of how these schools envision their futures.

…

What happened to the newspaper and magazine business is about to happen to higher education: a rescrambling around the Web.

From DSC:
What David Brooks said in this last bolded sentence (above) is what I have been saying, but in a slightly different way:

Other industries have been up to bat, and the Internet was pitching.  Higher education used to be on deck. But now, higher education is at bat.

 

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The “Innovator’s Dilemna” strikes again; another solid example of the need to reinvent one’s organization.

On 05/02/2012, in business, change, corporate / business world, dangers of the status quo, Daniel S. Christian, higher education, reinvent, staying relevant, surviving, by Daniel Christian

Sayonara Sony: How industrial, MBA-style leadership killed a once great company — from forbes.com by Adam Hartung

Excerpt:

Who can forget what a great company Sony was, and the enormous impact it had on our lives?  With its heritage, it is hard to believe that Sony hasn’t made a profit in 4 consecutive years, just recently announced it will double its expected loss for this year to $6.4 billion, has only 15% of its capital left as equity (debt/equity ration of 5.67x) and is only worth 1/4 of its value 10 years ago!

 

From DSC:
Blockbuster, Kodak, and now Sony — and I’m sure there are countless others who have moved in and out of prosperous times — but those three come instantly to my mind as more recent examples of The Innovator’s Dilemna — which strikes again!

It reminds me of a Steve Jobs’ quote (and I’ll use the item found at Yastrow.com)

One of Jobs’ business rules was to never be afraid of cannibalizing yourself. “If you don’t cannibalize yourself, someone else will,” he said. So even though an iPhone might cannibalize the sales of an iPod, or an iPad might cannibalize the sales of a laptop, that did not deter him.

 

Addendum (with emphasis from DSC):
Another thought comes from Guy Kawasaki’s talk at TEDxHarkerSchool entitled, “The 12 Lessons I Learned from Steve Jobs”

  • You need to jump to the next curve — don’t duke it out w/ others on the current curve (DSC: Like from the book Jonathan Livingston Seagull...don’t fight it out on the beach with the other seagulls. Instead, learn how to fly. <– that’s been my prayer, LORD teach me how to fly.)
  • Customers cannot tell you what they need  — they can only describe things in terms of what they already have; bigger, faster, cheaper, status quo
  • Challenging your mind is a sign of intelligence  (DSC: Reinvent, staying relevant, be able to completely reverse a viewpoint, cannibalizing own business)
  • “Experts” are clueless
  • The biggest challenges beget the best work
  • Design counts
  • Use big graphics and big fonts
  • Value does not equal price

 

 

 

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Everybody’s worried now [Kiley]

On 04/11/2012, in changing business models, cost of getting a degree, dangers of the status quo, Daniel S. Christian, future of higher education, game-changing environment, higher education, Learning from the Living [Class] Room, New "Amazon.com" of Higher Education, reinvent, staying relevant, strategy, surviving, by Daniel Christian
Everybody’s worried now — from InsideHigherEd.com by Kevin Kiley
Excerpts:

EASTON, PA. — A year ago, the notion that Smith College — with a $1 billion endowment, high student demand, and frequently cited educational quality — was raising existential questions, particularly about its economic model, seemed a fairly radical notion.

But an idea that seemed striking in the past  — that elite liberal arts colleges might have to make significant changes in the next few years if they are to remain relevant (or present) in the current educational market — is now the hottest topic in the sector.

A conference this week here at Lafayette College entitled “The Future of the Liberal Arts College in America and Its Leadership Role in Education Around the World,” drew more than 200 college administrators, including about 50 college presidents, out of an invite list of U.S. News and World Report’s list of top national liberal arts colleges. Judging by the turnout, the discussion, and the fact that several other conferences addressing these questions are scheduled over the next few months, it’s clear that the questions are on everybody’s mind.

…

In his opening talk Monday night, Lafayette President Daniel H. Weiss laid out four major challenges facing liberal arts colleges — affordability, public skepticism about the value of a liberal arts degree and college in general, decline in the share of U.S population who fit the demographic patterns of students who traditionally attend liberal arts colleges, and questions about how to incorporate technology into the college and serve a generation of students that is increasingly networked — most of which was addressed in various forms throughout the day Tuesday.

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From DSC:
Many people haven’t liked the messages that I’ve been trying to get across these last several years:

  • That the price of higher education is too high.
  • These high prices have changed — and continue to change — the dynamics of our classrooms across America (and inside our students’ heads/thinking).
  • The predominant business models are not sustainable.
  • We are in a game-changing environment and the perfect storm continues to develop.
  • We must reinvent ourselves to stay relevant and helpful to future generations. The costs of not doing so are enormous and truly have life-long impact.
  • We need to experiment with new business models.
  • There is danger in the status quo.
  • That far more affordable means of obtaining an education are going to continue to materialize (and then asking, what do we want to do about this? How can we ride this wave and not get crushed by it?)
  • The future will have team-based content with extensive analytics — being enabled by a growing set of powerful technologies.

I am encouraged by this conference — and the turnout of 200 college admins and 50 college presidents — because it appears that this perfect storm within higher ed is now being taken more seriously.

Also relevant:

  • The world changed, colleges missed it — from The Huffington Post by Tom Vander Ark
    Excerpt:
    A bunch of colleges are going out of business, only they don’t know it. They pretend that trimming costs and jacking tuition is a solution. They haven’t come to terms with a world where anyone can learn anything almost anywhere for free or cheap.
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Has the higher ed bubble started to pop? If so, why are changes/innovations not more frequent?

On 04/09/2012, in 21st century, accreditation, business side of he, change, changing business models, colleges, dangers of the status quo, Daniel S. Christian, future of higher education, game-changing environment, higher education, innovation, Learning from the Living [Class] Room, New "Amazon.com" of Higher Education, new business models, organizational change, reinvent, smart/connected TV, staying relevant, surviving, universities, by Daniel Christian

From DSC: First, some articles that caused these reflections

Discounting heads — from insidehighered.com by Kevin Kiley

Excerpt:

Despite spending nearly 43 percent of their gross tuition revenue from first-time, full-time freshmen on institutional aid for those students, many private colleges and universities had a harder time enrolling students last year, with almost half seeing no growth or a decline in enrollment for 2011, according to survey results released today by the National Association of College and University Business Officers.

From DSC:
It seems to me that it’s highly-possible that the higher ed bubble has started to pop — at least at private colleges and universities. So why doesn’t change occur? See the next article for several reasons.

Failure to change — from insidehighered.com by Robert J. Sternberg

Excerpts:

Universities teach about the importance of societal and organizational change, but often have trouble changing themselves in any but the most superficial ways. As a psychology professor interested in both individual and organizational modifiability, I have studied organizations, including universities, and why it is so difficult for them to change. Meaningful organizational change requires five elements, and unless all five of them are present, the organization — whether a department, school, college, or university — remains static.
…
Change is not always for the better, of course. But a college or university that is static will inevitably fall behind more dynamic, positively changing institutions. And like any institution that fails to compete, it is on the path to stagnation or death. A dynamic institution will change and, if the change proves to be in the wrong direction, will redirect itself until it finds a sustainable path.

From DSC:
As a relevant aside, it’s not just the “younger folk” who are struggling with student loans either:

Student loans saddle both kinds of seniors: graduates and grandparents — from the Washington Post by Michelle Singletary

Excerpt:

Using data from Equifax credit reports, the Federal Reserve Bank of New York found that people 50 and older are carrying nearly $135 billion in student-loan debt. Those 60 or older have student-loan balances of more than $36 billion.

 

It’s these types of dynamics and trends that are catalysts for what I call:

“Learning from the Living Room”
Though 2-5 years away, signs point to it coming to fruition (my prediction is that this movement will really gain traction when Apple’s Connected/Smart TV hits the market and as more people get fed up with the current, unresponsive accredidation monopolies within higher ed). Some example/recent articles:

  • The Evolution of the Digital Living Room — from digitalvideospace.blogspot.com by Chuck Parker
    Excerpt:
    Apple with its iPad, Apple TV and iCloud for movies and TV shows has delivered a seamless ecosystem to the consumer’s digital living room for owning and watching content from multiple devices in the home. The rest of the industry (SmartTVs, connected devices, Android tablets) struggles to create a similar experience when they are a single-brand ecosystem and fail miserably when there are devices from multiple manufacturers in the household.
    .
  • Google and Microsoft’s new battleground: Your living room — from ComputerWorld by Preston Gralla
    The upshot will have surprising implications for IT
    .
  • Why the future of Shazam is TV, not music — from readwriteweb.com by Richard MacManus
    Excerpt:
    Shazam is in the midst of a major pivot. Currently it earns most of its revenue off advertising from the music app. But within two years, the company told ReadWriteWeb, TV will provide the majority of Shazam’s revenue. Just how big an opportunity is TV for Shazam? According to statistics from the company, it is already outpacing both Facebook and Twitter in second screen user engagement.

“The Forthcoming Walmart of Education” …which is already happening, but far more significant changes will come in the next 1-5 years as people look for more affordable alternatives. A graphic I created back in 2008 states what I see developing and will be a piece of the higher ed landscape in the future:
.

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Besides the items mentioned above (i.e. changes in price and delivery mechanisms),
what might some of these innovations look like? Here are some ideas/articles/examples:

  • Be more responsive to real-world/market needs
    Example:
    12 college majors we hope to see soon     — from bestcollegesonline.com
    While some college majors have been around for decades or even centuries, others are relatively new and some are still waiting on the horizon to be added to college programs around the world as new technologies and demands shape the needs of modern students. While a host of degree programs have been added over the past 10 or 20 years, many related to computers and other forms of technology, many more will be needed in the future to keep up with a world that is rapidly changing.
    .
  • Introduce more innovations and be willing to experiment with different models
    Examples besides MITx, Udemy, U of People, iTunes U, YouTube Edu, etc.:
    ANGELS, a new European research project, a gateway to the future.
    ANGELS project (Augmented Reality Network Generating Learning on Safety), is the training system that will revolutionize education and learning on safety and health at work, particularly in the hospital facilities. This tool aims at innovating in terms of training on health and safety at work with the use of augmented reality (computer system that can superimpose 3D image on a real image to combine real and virtual). ANGELS introduces 4 key innovations: A practice adapted to an innovative new technology, a realistic assessment in tune with the XXIst century in the area of education and training, a large field of application in the health care facilities and the creation of a starter kit for public and private organizations, training centers and academic centers.
    .
  • …and bring the prices WAAAY down!!!

 

 

 

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Items re: changing business models within higher ed & the “disruptive innovation” theory

On 04/03/2012, in business side of he, change, changing business models, dangers of the status quo, Daniel S. Christian, future of higher education, game-changing environment, higher education, innovation, leadership, reinvent, staying relevant, strategy, surviving, by Daniel Christian

Rethinking higher education business models — from americanprogress.org by Robert Sheets, Stephen Crawford, Louis Soares

Excerpt:

The theory of “disruptive innovation“—the notion that certain innovation can improve a product or service in such a way that it creates new markets that displace existing ones—was developed and advanced by Christensen in the 1990s. According to Christensen, who has studied the evolution of many industries, disruptive innovation occurs when sophisticated technologies are used to create more simplified and more accessible solutions to customers’ problems—solutions that are often less high performing than previous technologies but whose price and convenience attract whole new categories of consumers. The first generations of transistor radios, desktop computers, and MP3 players are examples. These new solutions—innovations to existing technologies deployed through new business models—gradually improved to the point where they displaced the previously dominant solutions. Christensen’s key point, however, is that new technologies like these cannot achieve their transformative potential without compatible changes in their industry’s business models and value networks, which in turn may require shifts in the standards and regulatory environment.

From DSC:
Given the current rumblings of massive changes that are about to take place (if they haven’t already) within the higher education landscape, each person within higher education that has key strategic and leadership responsibilities should be required to read the two books mentioned below. I assert this because these world-class researchers and authors have discovered and documented phenomenon that is affecting all of higher education at this point in time. Understanding the concepts in these books will help your college or university not only survive — but thrive — in the future.

  • The Innovator’s Dilemma — by Clayton M. Christensen
    Clayton M. Christensen is the Robert and Jane Cizik Professor of Business Administration at the Harvard Business School. Christensen is also co-founder of Innosight, a management consultancy; Rose Park Advisors, an investment firm; and Innosight Institute, a non-profit think tank. He is the author or coauthor of five books including the New York Times bestsellers The Innovator’s Dilemma, The Innovator’s Solution and most recently, Disrupting Class.
    .
  • Disrupting class, expanded edition: How disruptive innovation will change the way the world learns — by Clayton Christensen, Curtis W. Johnson, Michael B. Horn.

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Also:

From DSC:
That article reminds me of a posting on my archived site from 4/11/09:

Let’s reallocate funds towards course development, and then let’s leverage those learning materials throughout the world!

 

Reallocate funds to course development, and bring costs WAAAAYYYY down and ACCESS WAAAYYY UP!

For students: Bring costs waaaayyyyy down and access waaayyy up!
Plus, no more defaulted loans, students could experience richer content, students wouldn’t have to wait as much on financial aid decisions. There would be fewer financial aid headaches; and the resources devoted to figuring out & processing financial aid could be reduced. The issue will be how an institution can differentiate itself in such a new world…but that issue will have to be dealt with in the future anyway.

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Student-loan debt tops $1 trillion [Mitchell and Jackson-Randall]

On 03/22/2012, in budgets, business side of he, changing business models, cost of getting a degree, dangers of the status quo, Daniel S. Christian, disruption, future of higher education, game-changing environment, higher education, innovation, leadership, Learning from the Living [Class] Room, New "Amazon.com" of Higher Education, new business models, reinvent, staying relevant, student-related, surviving, trends, United States, vision/possibilities, by Daniel Christian

Student-loan debt tops $1 trillion — from WSJ.com by Josh Mitchell and Maya Jackson-Randall

Excerpt:

The amount Americans owe on student loans is far higher than earlier estimates and could lead some consumers to postpone buying homes, potentially slowing the housing recovery, U.S. officials said Wednesday.

Total student debt outstanding appears to have surpassed $1 trillion late last year, said officials at the Consumer Financial Protection Bureau, a federal agency created in the wake of the financial crisis. That would be roughly 16% higher than an estimate earlier this year by the Federal Reserve Bank of New York.

From DSC:
Phrases/words that come to my mind include (which many readers of this blog and my archived website will instantly recognize:

  • Reinventing ourselves
  • Staying relevant /addressing our customers’ needs
  • Innovation
  • Strategy
  • Leadership
  • Vision
  • The business side of higher ed / new business models
  • Game-changing environment
  • Disruption
  • Dangers of the status quo
  • Student-related
  • Future of higher education
  • The Walmart of Education
  • Learning from the Living Room

Addendum on 3/23/12:

 

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Lifelong learning ecosystems!!! A powerful vision for our future [Daniel Christian]

On 03/14/2012, in 21st century, 24x7x365 access, A/V -- audio/visual, accreditation, active learning, adult learning, analytics, Apple, blended learning, business side of he, changing business models, cloud-based computing / apps / other cloud-related, CMS/LMS, content development, aggregation, repositories, convergence, corporate / business world, corporate universities / corporate training, cost of getting a degree, dangers of the status quo, Daniel S. Christian, digital learning, digital textbooks, disruption, distance education, e-publishing related items (EPUB and more), education technology, educational games / serious games, elearning, emerging technologies, engagement / engaging students, face-to-face, future of higher education, game-changing environment, higher education, homeschooling/homeschoolers, innovation, intelligent systems, intelligent tutoring, interactivity, internet, K-12 related, learner profiles, learning agents, learning ecosystem, Learning from the Living [Class] Room, learning spaces, lifelong learning, love of learning, machine-to-machine communications, marketplaces, mirroring and/or multiple devices, mobile learning, mobile technologies, MOOCs -- Massive Open Online Courses, multi-touch, multimedia, Near Field Communication (NFC), New "Amazon.com" of Higher Education, new business models, online learning, online media, online tutoring, passions, personalized/customized learning, reinvent, smart classrooms, smart/connected TV, social learning / networks, social media, staying relevant, student-related, surviving, teachers, teaching & learning, teaching online, technologies for your home, telepresence, television, training / L&D, transmedia, trends, ubiquitous learning, videoconferencing, virtual field trips, virtual K-12 schools, Virtual Reality (VR) / worlds / learning, virtual tutoring, vision/possibilities, web-based collaboration, webinars, workplace, by Daniel Christian

From DSC:
The vision below involves:
(click on the image below to access it) 

  • The convergence of the telephone, the television, and the computer
  • Cloud-based education stores/marketplaces/exchanges
  • Second screen devices and machine-to-machine communications
  • Social networking/learning
  • Smart classrooms/learning spaces
  • Content recognition/synchronization applications
  • Apps as “channels”
  • Web-based learner profiles
  • Video overlays
  • New business models in higher ed
  • New jobs/needs for the future
  • A new way for employers to hire highly-effective employees/contractors/consultants
  • …and more

 

Click this thumbnail image to access the larger image / vision

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Higher education bubble in America

On 10/20/2011, in budgets, business side of he, change, changing business models, cost of getting a degree, dangers of the status quo, Daniel S. Christian, disruption, future of higher education, game-changing environment, higher education, New "Amazon.com" of Higher Education, new business models, reinvent, strategy, student-related, surviving, trends, by Daniel Christian
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Why cloud computing is expanding the powers of Big Data analysis [Smith]

On 10/14/2011, in 21st century, analytics, business, career development, cloud-based computing / apps / other cloud-related, computer science, data related items, future, reinvent, surviving, workplace, by Daniel Christian

Why cloud computing is expanding the powers of Big Data analysis — from wired.co.uk by Dan Smith
 

 

Excerpt:

According to Werner Vogels, Amazon.com’s chief technology officer, data analysis — specifically “Big Data” analysis — is the backbone of modern business. Without it, your survival chances are limited and, with the growth of cloud computing it’s becoming easier than ever for startups and SMEs. “There’s a shift going on,” Vogels says. “Five or ten years ago, when thinking about data analysis, you would think about the biggest companies in the world. Today, there’s not a new business not thinking about data analysis.”

 
Also see:

 

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Some (very-recently) posted items re: the future of work

On 10/05/2011, in business, career development, dangers of the status quo, future, game-changing environment, reinvent, surviving, workplace, by Daniel Christian

Some items re: the future of work

 

 

 

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Some items re: robotics (and employment)

On 10/03/2011, in Artificial Intelligence/Agents/LLMs/and Related, business, career development, change, curriculum, dangers of the status quo, disruption, global / globalization, reinvent, robotics, staying relevant, surviving, workplace, by Daniel Christian

How did the robot end up with my job? — from the New York Times by Thomas Friedman

Excerpt:

In the last decade, we have gone from a connected world (thanks to the end of the cold war, globalization and the Internet) to a hyperconnected world (thanks to those same forces expanding even faster). And it matters. The connected world was a challenge to blue-collar workers in the industrialized West. They had to compete with a bigger pool of cheap labor. The hyperconnected world is now a challenge to white-collar workers. They have to compete with a bigger pool of cheap geniuses — some of whom are people and some are now robots, microchips and software-guided machines.

…

The proper term, says Lamy, is “made in the world.” More products are designed everywhere, made everywhere and sold everywhere.

The term “outsourcing” is also out of date. There is no more “out” anymore. Firms can and will seek the best leaders and talent to achieve their goals anywhere in the world.

 

Robots mania — from WashingtonPost.com
Each year robots are getting more sophisticated and entertaining than ever before. Check out these captivating robots that can do almost anything — from reciting Shakespeare to serving shaved ice cream with a smile.

 

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Digital Exclusion in the U.S. [Microsoft.com]

On 09/21/2011, in 21st century, 24x7x365 access, business, career development, digital learning, economics, education reform, Microsoft, society, sociology, student-related, surviving, United States, workplace, by Daniel Christian


Microsoft.com

 

Also see:

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