{"id":28295,"date":"2012-04-03T13:18:20","date_gmt":"2012-04-03T17:18:20","guid":{"rendered":"http:\/\/danielschristian.com\/learning-ecosystems\/?p=28295"},"modified":"2012-04-03T13:30:56","modified_gmt":"2012-04-03T17:30:56","slug":"items-re-changing-business-models-within-higher-ed-the-disruptive-innovation-theory","status":"publish","type":"post","link":"http:\/\/danielschristian.com\/learning-ecosystems\/2012\/04\/03\/items-re-changing-business-models-within-higher-ed-the-disruptive-innovation-theory\/","title":{"rendered":"Items re: changing business models within higher ed & the “disruptive innovation” theory"},"content":{"rendered":"

Rethinking higher education business models<\/strong><\/a> — from americanprogress.org by Robert Sheets, Stephen Crawford, Louis Soares<\/p>\n

Excerpt:<\/em><\/p>\n

The theory of “disruptive innovation<\/a>“<\/strong>\u2014the notion that certain innovation can improve a product or service in such a way that it creates new markets that displace existing ones\u2014was 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\u2014solutions 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\u2014innovations to existing technologies deployed through new business models\u2014gradually 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.<\/p><\/blockquote>\n

From DSC:<\/strong><\/span>
\nGiven 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<\/em> should be required to read the two books mentioned below. <\/strong>I assert this because these world-class researchers and authors have discovered and documented phenomenon that is affecting all of higher education <\/em><\/strong>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.<\/strong><\/span><\/strong><\/p>\n