MOOCs-MBAs--threats-opps-july2014

 

From DSC:
A paraphrased excerpt:

When I watch my teenagers do their math, they use their laptops, smartphones (to text their friends), and they watch YouTube videos to explain how to do the problems.

This statement made me reflect on the vision that I’m pursuing re: the use of second screen apps in learning as it relates to Learning from the Living [Class] Room.

The video was interesting to watch, and the topic grabbed my eye — i.e., will MOOCs impact MBA programs and if so, what might the potential scenarios look like?

I appreciated the excellent example of peering into the future, developing some scenarios, and planning for those scenarios NOW.

 

Also see:

Excerpt:

Learning continues long after college ends. What if being enrolled in college was also a lifelong condition?

That is how Christian Terwiesch, a professor at the University of Pennsylvania’s Wharton School, thinks graduate business programs might work in the future.

He and a colleague, Karl T. Ulrich, vice dean of innovation at Wharton, have published a paper on how the ascent of short video lectures—the kind popularized by massive open online courses and Khan Academy—might change the cost and structure of top business programs like Wharton’s. The short answer is that they probably won’t, at least not anytime soon.

The business school eventually might have to provide chunks of its curriculum on demand over a student’s whole career, he said, rather than during a two-year stretch at the beginning.

 

From DSC:
I like that question — Would graduate school work better if you never graduated from it? — as it speaks to me of tapping into the streams of content that are constantly flowing by us now…and doing so throughout our lifetimes. That’s one possible scenario for the delivery mechanism for some of our educational programs in the future.

 

 

 

The Futurist Forum at Co. Exist — from fastcoexist.com; with thanks to Gerd Leonhard (@gleonhard) for putting this out there on Twitter.
A series of articles by some of the world’s leading futurists about what the world will look like in the near and distant future, and how you can improve how you navigate future scenarios through better forecasting.

 

FuturistForumFastCoExist-June2014

 

 

One excerpted item from that forum regards potential scenarios for higher education:

5BoldPredictionsHE-April2014

 

 

 

CanDisruptionSaveHigherEducation-June2014

 

Can disruption save higher education? — from eCampus News by Meris Stansbury

Excerpts (emphasis DSC):

Christensen: “The question now is: ‘Is there something that can’t be displaced within a traditional university’s value offering?'”

However, Christensen outlined three ways traditional colleges and universities, like his own Harvard Business school, could survive into the future:

Focus on professors
[when recruiting faculty]…focus less on their publishing capabilities and expert knowledge of material, and more on their ability to connect to others.

Understand why technology, like online learning, is disruptive.

Don’t try to change from the inside — you will fail.  [Use offsets.]

 

 
 

Strategic principles for competing in the digital age — from mckinsey.com by Martin Hirt and Paul Willmott
Digitization is rewriting the rules of competition, with incumbent companies most at risk of being left behind. Here are six critical decisions CEOs must make to address the strategic challenge posed by the digital revolution.

Excerpts:

Today’s challenge is different. Robust attackers are scaling up with incredible speed, inserting themselves artfully between you and your customers and zeroing in on lucrative value-chain segments.

The digital technologies underlying these competitive thrusts may not be new, but they are being used to new effect.

As these technologies gain momentum, they are profoundly changing the strategic context: altering the structure of competition, the conduct of business, and, ultimately, performance across industries.

 

 

Also see:

Digital strategy — from mckinsey.com by Paul Willmott
Digitization is fundamentally altering the nature of competition. McKinsey’s Paul Willmott explains how digital winners think and what companies can do to compete.

Excerpt:

Digital is fundamentally shifting the competitive landscape in many sectors. It allows new entrants to come from unexpected places. We’re seeing banks get into the travel business in some countries. We’re seeing travel agents get into the insurance business. We’re seeing retailers go into the media business. So your competitor set is not what it used to be.

One thing that digital allows is what I call “plug and play dynamics”—meaning that companies can attack specific areas of the value chain rather than having to own the whole thing. This is because digital allows different services to be stitched together more quickly and cheaply.

 

From DSC:
The above two items made me wonder:

  • Do these principles apply to the corporate world only?
  • Or might they also apply to the world of higher education?
  • Are digital startups going to come between established colleges and universities and their normal “pipelines” of students?

Assuming that such startups can create quality alternatives at far less expensive prices, I would say the answer to that is “yes, at least a significant amount of the time.”  The word cannibalize was used in the “Strategic principles…” article, and again, I can’t help but think of Steve Jobs’ philosophy of cannibalizing one’s own company before someone else does it for you.  I also can’t help but reflect that Apple is the worlds’ largest/most valuable company based on market cap. 

There is danger in the status quo — especially if the status quo means taking no action whatsoever.

 

Failure is not fatal, but failure to change might be.

— Coach John Wooden

 

 

 

Also see:

  • The $10,000 Bachelor’s Degree — from U.S. Chamber of Commerce
    Excerpt:
    Starting this fall, Southern New Hampshire University will offer a bachelor’s degree for $10,000.What makes this online program unique is that it is ‘competency-based’ as opposed to the credit-based system that the majority of colleges offer. So, instead of earning credit hours towards degree completion, students will be tested on how well they know the subject matter. Once a student passes the assessment, he or she can move on to the next competency.
    .
  • Five trends to watch in higher education — from The Boston Consulting Group
    Excerpt:

    • Revenue from key sources is continuing to fall, putting many institutions at severe financial risk.
    • Demands are rising for a greater return on investment in higher education.
    • Greater transparency about student outcomes is becoming the norm.
    • New business and delivery models are gaining traction.
    • The globalization of education is accelerating.
 

Trends and breakthroughs likely to affect your work, your investments, and your family

Excerpts:

At the outset, let me say that futurists do not claim to predict precisely what will happen in the future. If we could know the future with certainty, it would mean that the future could not be changed. Yet this is the main purpose of studying the future: to look at what may happen if present trends continue, decide if this is desirable, and, if it’s not, work to change it.

The main goal of studying the future is to make it better. Trends, forecasts, and ideas about the future enable you to spot opportunities and threats early, and position yourself, your business, and your investments accordingly.

How you can succeed in the age of hyperchange
Look how quickly our world is transforming around us. Entire new industries and technologies unheard of 15 years ago are now regular parts of our lives. Technology, globalization, and the recent financial crisis have left many of us reeling. It’s increasingly difficult to keep up with new developments—much less to understand their implications.

And, if you think things are changing fast now, you haven’t seen anything yet.

 

In this era of accelerating change, knowledge alone is no longer the key to a prosperous life. The critical skill is foresight.

 

 

7 ways to spot tomorrow’s trends today

  1. Scan the media to identify trends
  2. Analyze and extrapolate trends
  3. Develop scenarios
  4. Ask groups of experts
  5. Use computer modeling
  6. Explore possibilities with simulations
  7. Create the vision

 

 

If change is inevitable– is progress optional? Four education institutions opting for progress — from onlinelearninginsights.wordpress.com by Debbie Morrison

Excerpts:

  1. Corporate Sponsored Degree Program: University of Maryland, Cybersecurity
  2. Strategic Planning Initiative: Beyond Forward, Dartmouth University
  3. Institutional Mergers. University System of Georgia
  4. MOOC-Inspired Initiatives. Penn State, flex-MOOC and Georgia Tech Institute.

 

 

 

HowToBeHumanInADigitalSociety-April2014

 

 Excerpt:

‘Intelligent machines’ are increasingly interconnecting. The Internet of Things is imminent, with sensor networks and mobile devices connecting everyone and everything everywhere in the near future., Singularity’ – the moment of when machines become as capable as humans – is quickly becoming a buzzword that rivals Social Media. Artificial Intelligence (AI) is certain to play a role everywhere, and robots are dropping in price dramatically while gaining quickly in functionality and skills. Exponential technological progress is evident everywhere – but how will we – as linear beings – cope with this increasing empowerment of software and machines, the tremendous gain in the flow of real-time information, and the far-reaching implications that these developments will have? How will we keep up with thousands of real-time datafeeds, the ever-increasing volume, variety and depth of input, the tsunami of incoming communications and the rapidly improving smartness – and increasingly deep intelligence – of software, devices and machines? Will humans need to be ‘augmented’, soon, in order to keep up, and if so, where will this take us? What will happen to our ethics in a world of ultra-smart intelligent agents, artificial intelligence and the coming ‘trans-humanism’?

 

 

New York Public Library partners with Zola to offer algorithmic book recommendations — from gigaom.com by Laura Hazard Owen
The New York Public Library will offer book recommendations to readers through its website via a new partnership with NYC-based startup Zola Books.

Excerpt:

Visitors to the New York Public Library’s website will have a new way to decide what to read next: The library is partnering with New York-based startup Zola Books to offer algorithm-based recommendations to readers. The technology comes from Bookish, the book discovery site that Zola acquired earlier this year.

 

From DSC:
If the New York Public Library can do this with books, why can’t a smart TV-based service offer this sort of functionality for educationally-related materials?  (Or a second screen-based application?) What if MOOCs integrated this sort of recommendation engine and then accessed/delivered the digitally-based content to you? Some serious personalized/customized micro-learning.

 

The Living [Class] Room -- by Daniel Christian -- July 2012 -- a second device used in conjunction with a Smart/Connected TV

 

 

 

 

IT under pressure: McKinsey Global Survey results — from mckinsey.com by Naufal Khan and Johnson Sikes
Recognition of IT’s strategic importance is growing, but so is dissatisfaction with its effectiveness, according to our eighth annual survey on business and technology strategy.

Excerpts (emphasis DSC):

More and more executives are acknowledging the strategic value of IT to their businesses beyond merely cutting costs. But as they focus on and invest in the function’s ability to enable productivity, business efficiency, and product and service innovation, respondents are also homing in on the shortcomings many IT organizations suffer. Among the most substantial challenges are demonstrating effective leadership and finding, developing, and retaining IT talent.

These are among the key findings from our most recent survey on business technology, which asked executives from all functions about their companies’ priorities for, spending on, and satisfaction with IT. Overall, respondents are more negative about IT performance than they were in 2012 and, notably, IT executives judge their own effectiveness more harshly than their business counterparts do. Compared with executives from the business side, they are more than twice as likely to suggest replacing IT management as the best remedy.

 

From DSC:
It seems to me that an organization or team can’t expect to extract significant value from someone or something that they haven’t cultivated.  That is, a sports team shouldn’t expect a player who has sat on the bench most of the year to come in and light the world on fire.  That player needs actual time playing in the games/matches/meets/etc.   They need experience. They need practice in developing strategy as well as some experiments — to find out what’s working and what’s not. 

IT organizations are key these days; and becoming more important in leading the organizations that they function in.  It is short-sighted not to develop IT employees in both technical and business-related skills. As our world is increasingly being impacted by technological advances (occurring at exponential — not linear — trajectories), those companies who have leadership from the technical sides of the house should do quite well in the future.

Key  items to work on:

  • Creating tighter integrations with the rest of the business/organization; get more IT-based reps into situations where they can pull up chairs at more business-oriented tables/discussions/projects (product development/R&D, sales, marketing, customer service, other); affect the culture of the organization so that they can actually lead the organization
  • Develop innovative, strategic thinking — thinking BIG!
  • Understanding the changing landscapes and what opportunities might exist as a result of those changing landscapes
  • Ability to develop potential scenarios and form responses to those scenarios
  • Stop thinking about cutting costs, start using your skills/knowledge to develop new income streams, new products, and new markets!  Stop seeing IT departments as cost centers, but rather key revenue generators!
  • Moving more visionaries and those with the ability to persuade/sell into the IT organization
  • Create/give IT staff more chances to get in the game!

 

Regarding the graphic below:

 

 

IT-based personnel should be kicking out a lot more new, innovative products and services.  That’s where their new/additional value should come from.  But that doesn’t seem to be happening.

Why is that? Is the rest of the business so used to looking at IT in certain ways? Does IT have a seat at the senior-most level/table? Are folks in the business listening or even approaching IT for their input? Are some cultural changes necessary?

Also see:

CIO ‘confessions’: 5 critical attributes of the best IT leaders — from hp.com
A new book profiles leading CIOs to learn how they thrive. It’s not about technology—it’s about guts.

What: CIOs are taking on more and more responsibilities, and while technology matters, leadership makes all the difference.
Why: Tech trends come and go, but the challenge of bridging the gap between IT and the business—and demonstrating how IT can deliver real value—remain the heart of the job.
More: Read Confessions of a Successful CIO, set for March 2014 release.

 

 


By the way, all of this is true within the world of higher education as well. Consider, for example, the need for IT/technical leadership in the worlds of online learning, blended learning, distance education, as well as in creating new revenue streams based upon technologies and the affordances that these technologies provide.


 

Also see:

Top 10 Strategic Issues for Boards, 2013-2014 — from The Association of Governing Boards of Universities and Colleges
Excerpt (emphasis DSC):

Those top issues include:

  1. The Revenue Model
  2. Productivity and Efficiency
  3. Student Aid
  4. Educational Delivery
  5. Student Learning
  6. Student Success
  7. Market and Mission
  8. The Academic Workforce
  9. Globalization
  10. Institutional Risk

 

Top-Ten IT Issues, 2014: Be the Change You See — from educause.edu by Susan Grajek

Excerpt (emphasis DSC):

  1. Improving student outcomes through an institutional approach that strategically leverages technology
  2. Establishing a partnership between IT leadership and institutional leadership to develop a collective understanding of what information technology can deliver
  3. Assisting faculty with the instructional integration of information technology
  4. Developing an IT staffing and organizational model to accommodate the changing IT environment and facilitate openness and agility
  5. Using analytics to help drive critical institutional outcomes
  6. Changing IT funding models to sustain core service, support innovation, and facilitate growth
  7. Addressing access demand and the wireless and device explosion
  8. Sourcing technologies and services at scale to reduce costs (via cloud, greater centralization of institutional IT services and systems, cross-institutional collaborations, and so forth)
  9. Determining the role of online learning and developing a strategy for that role
  10. Implementing risk management and information security practices to protect institutional IT resources/data and respond to regulatory compliance mandates*
  1. Developing an enterprise IT architecture that can respond to changing conditions and new opportunities*

* Tie

 
RiseofTheReplicants-FTdotcomMarch2014

 

Excerpts:

If Daniel Nadler is right, a generation of college graduates with well-paid positions as junior researchers and analysts in the banking industry should be worried about their jobs. Very worried.

Mr Nadler’s start-up, staffed with ex-Google engineers and backed partly by money from Google’s venture capital arm, is trying to put them out of work.

The threat to jobs stretches beyond the white-collar world. Advances in artificial intelligence (AI) also make possible more versatile robots capable of taking over many types of manual work. “It’s going to decimate jobs at the low end,” predicts Jerry Kaplan, a Silicon Valley entrepreneur who teaches a class about AI at Stanford University. Like others working in the field, he says he is surprised by the speed at which the new technologies are moving out of the research labs.

 

From DSC:
After reading the above article — and seeing presentations about these trends (example) — I have some major questions to ask:

  • What changes do those of us working within higher education need to make due to these shifts? How should we modify our curricula? Which skills need to be reinforced/developed?
  • What changes do Learning & Development groups and Training Departments need to make within the corporate world?
  • How should we be developing our K-12 students to deal with such a volatile workplace?
  • What changes do adult learners need to make to stay marketable/employable? How can they reinvent themselves (and know what that reinvention should look like)?
  • How can each of us know if our job is next on the chopping block and if it is, what should we do about it?
  • What kind of future do we want?

These changes are for real. The work of Erik Brynjolfsson and Andrew McAfee further addresses some of these trends and changes. See:

 

TheSecondMachineAge-2014

 

 

 

 

Addendum:

AICouldAutomateJobsChicagoTrib-March52014

 

 

 

Also see:

 

Bill Gates Interview Robots

 

Excerpt:

Microsoft cofounder Bill Gates isn’t going to sugarcoat things: The increasing power of automation technology is going to put a lot of people out of work. Business Insider reports that Gates gave a talk at the American Enterprise Institute think tank in Washington, DC this week and said that both governments and businesses need to start preparing for a future where lots of people will be put out of work by software and robots.

 

Also see:

 

 

Moving from the back office to the front lines: CIO insights from the Global C-suite Study — from IBM Institute for Business Value
CIOs tell us that their place in the organizational pyramid has changed in the past five years. Many of them command more respect and possess more authority than before and they are working more closely with their C-suite colleagues.

Excerpts (emphasis DSC):

Introduction
In the first installment of our recent Global C-suite Study, we spoke in person with 4,183 top executives covering more than 20 industries to find out how CxOs are earning the loyalty of digitally enfranchised customers and citizens.1 In this report we delve more deeply into what the 1,656 CIOs we interviewed are doing to help their enterprises become more “customer-activated.”

One thing is immediately obvious: just how far some CIOs have come in the past five years. In 2009, we reported that CIOs were rising up the management hierarchy and developing a new, more powerful voice. But they often had to juggle different roles to deal with conflicting goals.2

In 2011, we identified that CIOs were starting to think more like CEOs. They were becoming essential members of the C-suite, although there were marked disparities in the mandates they held — i.e., what the enterprises they worked for expected of the IT function. Most CIOs were helping to expand or transform their organizations. The rest were tasked with leveraging IT to make their organizations more effective, or pioneering radical innovation in the form of new products, markets and business models.3

ChangingCIOMandates-IBM2014

 

 

ChangingCIOMandates2-IBM2014

 

ChangingCIOMandates3-IBM2014

In short, while some CIOs remain confined to their traditional domains, a growing number are seizing the opportunity to take on a far bigger role on the front lines of the business.

From DSC:
The  corporate world moves much faster than the world of higher ed (or K-12).  So, higher ed should take a look at what this study is saying and note what’s happening to the role of the CIO.  My bet is that many of the same dynamics discussed in this report/survey will be on our doorsteps soon, if they aren’t here already.

 

 

Speeding up on curves — from educause.edu by Bradley Wheeler

Excerpt:

Higher education faces a number of important curves, but I’ll focus first on just two:

  1. The finance of higher education is increasingly moving from a public to a private good, leading to increasing cost and price pressures (particularly for state-supported institutions).
  2. The increasing digitization of education and research favors greater scale while it also enables potential new substitutes for colleges and universities.

 


figure 4

 


 

Also see:

 

Shift2020

 

Excerpt:

An 80 page eBook, paperback or hardcover photobook including insights, quotes and articles from industry leaders on the future of mobile technology and how it can change our world.

In addition to most of the original Mobile Trends 2020 contributors, the content is now extended with contributions of some 50 new experts from around the globe who are prominent futurists and trend-predictors and industry leaders.

 

From DSC:
I see the following items in the classrooms/learning spaces/”learning hubs” of the future:

  • iBeacon-like technology, quickly connecting the physical world with the online world (i.e. keep an eye on the Internet of Things/Everything  in the classroom); this may take place via wearable technology or via some other means of triggering events
  • Remote presence
  • Access to Artifical Intelligence (AI)-based resources
  • Greatly enhanced Human Computer Interactions (HCI) such as gesture-based interactions as well as voice and facial recognition
  • Interactive walls
  • BYOD baked into almost everything (requiring a robust networking infrastructure)
  • More makerspaces (see below for examples)
  • Tables and chairs (all furniture really) are on wheels to facilitate room configuration changes
  • Setups that facilitate collaborative/group work

 

 


Below are some other recent items on this topic:


 

To Inspire Learning, Architects Reimagine Learning Spaces — from MindShift by Allison Arieff

 

MakerLab_web

Excerpt:

As K–12 schools refocus on team-based, interdisciplinary learning, they are moving away from standardized, teach-to-test programs that assume a one-size-fits-all approach to teaching. Instead, there is a growing awareness that students learn in a variety of ways, and the differences should be supported. The students often learn better by doing it themselves, so teachers are there to facilitate, not just to instruct. Technology is there as a tool and resource, not as a visual aid or talking head.

 

 

3D printers and laser cutters?… it’s the classroom of the future — from standard.co.uk by Miranda Bryant

 

 

Rethinking our learning spaces — from rtschuetz.blogspot.com by Robert Schuetz

 

ClassroomMoveableFurnitureITESMCCM 02
CC Wikimedia – Thelmadatter

Excerpt:

Heutagogy, unlike pedagogy, focuses on self-directed learning. As learning and education become more heutaogical, shouldn’t our learning spaces accommodate this shift? What are the features and characteristics that define a modern learning space? Notice, that I have not used the word classroom. Several days of researching this topic has challenged my thinking on the concept of classroom. This verbiage has been replaced with terms like; ideation lab, innovation space, maker pods, gamer zone, and learning sector. The concept of specific learning zones is not new.

 
© 2024 | Daniel Christian