changing business models

‘Stackable credentials’ could be future of higher education in Colorado — from thedenverchannel.com by Nicole Brady; with thanks to Ray Schroeder for this resource out on LinkedIn

Excerpt (emphasis DSC):

DENVER — Metropolitan State University of Denver is one of Colorado’s largest four-year institutions, but some students are spending just months there — not years — before joining the workforce.

They’re doing it by “stacking” credentials.

“Stackable credentials are really a convergence of individuals wanting to learn in smaller chunks and industries being willing to accept those chunks,” said Terry Bower, associate vice president of Innovative and Lifelong Learning at MSU Denver.

The career launchpad lays out exactly what steps are needed to work in those industries and how much money a person can earn with different credentials.

For students who decide they want to add more credentials or work toward a degree, they can return to MSU with no credits lost.

From DSC:
That part that says “The career launchpad lays out exactly what steps are needed to work in those industries and how much money a person can earn with different credentials” will likely be a part of a next-generation learning platform. Here are the skills in demand. Here are the folks offering you the ability to learn/develop those skills and here’s what you can expect to earn at different levels of this type of job. The platform will be able to offer this type of information and these types of opportunities throughout your lifetime.

Cloud-based learner profiles will be part of this new setup — along with recommendation engine-based results based upon one’s learning preferences (not learning styles — which don’t exist — but upon one’s learning preferences).

The Exit Interview: Nine departing presidents on how the job — and higher ed — is changing. [Kelderman]

On 05/19/2022, in business side of he, career development, change, changing business models, colleges, community colleges, cost of getting a degree, curriculum, faculty/staff, future of higher education, game-changing environment, higher education, leadership, parents/guardians, participation, society, United States, universities, by Daniel Christian

The Exit Interview Nine departing presidents on how the job — and higher ed — is changing. — from chronicle.com by Eric Kelderman

“One of the things I’ve learned in this job is that it’s time for us to really think hard about the obligations the postsecondary educational sector has to the country,” Quillen said. “What is, as it were, the social contract between that sector and the society that supports us? And what do we need to do to fulfill our obligations there?”

Carol Quillen

Carol Quillen

The Great Resignation: The toll taken on the legal field and what comes next [MacDonald]

On 05/18/2022, in Artificial Intelligence/Agents/LLMs/and Related, Bias | Diversity Equity & Inclusion (DE&I), career development, change, changing business models, generational differences, health, Legal operations, legal reform, legislatures / government / legal, new business models, tools, vendors, workplace, by Daniel Christian

The Great Resignation: The toll taken on the legal field and what comes next — from abajournal.com by Thomas MacDonald

Excerpt:

The pandemic has reshaped thinking around the value of work. The Thomson Reuters Stellar Performance: Skills and Progression Mid-Year Survey uncovered three specific priorities legal professionals are factoring into their career decisions.

Balance: Young professionals are more in tune with work-life balance and place a higher value on mental well-being, leisure and other activities outside of work than previous generations.
Family: A higher percentage of the professional workforce are mothers. Likewise, men are taking a more active role in child-rearing than previous generations, as younger professionals juggle more domestic responsibilities across the board.
The Long Game: Many Generation X and millennial employees have long since conceded that their retirement will likely come much later in life than their elder counterparts. The prospect of working for an extra decade—or more—has tempered the enthusiasm for grinding away during their formative years.

Also relevant/see the following articles:

8 Legal Experts on the Future of the Billable Hour — from artificiallawyer.com

Excerpt:

Are you still billing by the hour? The reality is that most lawyers are and plenty will still be using it in the year 2032. However, many legal experts agree: the billable hour is under pressure, forcing lawyers to investigate other billing methods as well.

Laura Rosseel, Senior Associate at Cambrian, explains clearly why the billable hour is a topic for discussion: ‘There are countless arguments against working with billable hours. Invoicing based on billable hours puts the risk of both unpredictability in the scope of work as well as potential inefficiency on the client, instead of the law firm that is providing the service.

‘It does not differentiate based on the value of the task at hand, the urgency, or the time of day (or night), with which the task is carried out. Additionally, it is a performance metric for lawyers that favours working more over working better, and the relentless pressure is causing junior and mid-level lawyers to leave their firms.’

Digital exhaustion: Redefining work-life balance — from enterprisersproject.com by Irvin Bishop Jr.
Is your team suffering from the digital exhaustion that so often comes with remote and hybrid work? Consider these strategies to ease the stress

As workers continue to create and collaborate in digital spaces, one of the best things we can do as leaders is to let go. Let go of preconceived schedules, of always knowing what someone is working on, of dictating when and how a project should be accomplished – in effect, let go of micromanagement. Instead, focus on hiring productive, competent workers and trust them to do their jobs. Don’t manage tasks – gauge results. Use benchmarks and deadlines to assess effectiveness and success.

What did we learn at the CLOC Conference? — from zachabramowitz.substack.com by Zach Abramowitz
QR Codes, Outside Counsel Startups Make Great Shirts and Standing Out in a Sea of CLM

Some of the tools/products/vendors Zach mentioned were:

outside counsel management tools Persuit and JusticeBid
Justicebid.com
Legalmation.com

“Is the virtual courtroom the future of the justice system?” [Sonntag]+ seven other legal related items

On 05/11/2022, in 21st century, Canada, change, changing business models, India, Legal operations, legal reform, legal technologies, legislatures / government / legal, policy, society, United States, Virtual courts and law firms, by Daniel Christian

Is the virtual courtroom the future of the justice system? — from deseret.com by Zakary Sonntag
Video proceedings have increased court access but raised questions of rights amid case backlog

Excerpt:

The justice system in Utah is straining under the weight of an immense backlog of criminal cases, especially serious felony cases, leaving many defendants to languish in custody as additional filings continue to accumulate.

The buildup began in 2020 after the Utah Supreme Court ordered the shutdown of in-person proceedings in response to the coronavirus, which left attorneys and judges to hash out settlements through a remote, Webex court process.

The pandemic’s impact on the legal sector and what emerging lawyers need to know — from timesofindia.indiatimes.com by Roma Priya

Excerpt:

For aspiring lawyers and law school graduates who have commenced practice recently, one of the best ways to stay relevant is to upskill yourself. Apart from the legal industry-related skills as a lawyer, such as in-depth knowledge about clients, the law, and other subjects, communication skills, problem solving and analytical skills, and tech skills are crucial.

Today, digitally-savvy lawyers are in high demand as technology continues to evolve and progress. And as the Indian Judiciary System gradually acquaints itself with cutting-edge technologies, emerging lawyers must do the same.

About one-fifth of lawyers and staffers considered suicide at some point in their careers, new survey says — from abajournal.com by Debra Cassens Weiss

A new survey of lawyers and staff members hailing mostly from BigLaw has found that anxiety, depression and isolation remain at concerning levels, despite a slight decrease in the percentages since the survey last year.

When is a legal department ready to transform? — from advisory.kpmg.us by Eric Gorman, Kimberly Majure, and Jeff Ikejiri
Explore the catalysts for change

…legal departments that identify and agree on a motive to change, and then are alert for opportunities to act, are legal departments that are ready to transform.

From DSC:
I saw the link to LitSoftware at the posting entitled, Three Lessons In Persuasive Trial Technology (from legaltechmonitor.com by Stephen Embry).. I thought it offered some interesting software:

The Top 3 Legal Technology Trends of 2022 — from lexology.com by Sean Heck

Excerpts:

Web-Based Contract Management Tools for Remote Legal Operations
Online, Web-Based Document Editing
Contract AI With Machine Learning for Intelligent CLM

Litera legal survey shows that technology is driving change in all aspects of M&A practice — from canadianlawyermag.com by Annabel Oromoni

Excerpt:

The global pandemic and the increasing reliance on technology to facilitate remote legal work and collaboration have accelerated the legal profession’s interest in technology-based solutions. A recent survey by Litera, a legal tech company, revealed that technology significantly impacts M&A practices in law firms.

Litera’s survey included insights from over 200 lawyers whose practices focus on M&A in the United States, the United Kingdom, and Canada.

David Curle, legal content and research lead at Litera, says the legal profession is fragmented, and Litera sought to receive responses about technology use, adoption, and spending from M&A lawyers specifically.

6 Types of Software for Your In-House Legal Team Needs — from jdsupra.com

Excerpt:

Most legal teams rely heavily on documents and communication for their work, and handling all the related operations may not be as simple as you would like it to be. Unless you change your approach to document management and start exploring tech solutions that improve team efficiency.

Automation software has helped many businesses and departments streamline all or most of their operations and improve their efficiency. The same can be done for a legal team.

In this article, let’s focus on the types of automation software for in-house counsel along with some of the top examples.

Addendum later on 5/11/22:

ANALYSIS: Lawyers’ Top Legal Tech Tools—And Biggest Blind Spots — from news.bloomberglaw.com by Racheal Pikulski, Princess Onyiri, and Lida Ouyang

Addendum later on 5/11/22:

The ABA is again trying to end LSAT requirements. Will it stick this time? — from highereddive.com by Jeremy Bauer-Wolf
A 2018 push to stop assessment mandates died amid worries for underserved law school applicants, but the accreditor is returning to the idea.

“Airbnb’s design for employees to live and work anywhere” — now apply that to a school, college, or university [Barrett]

On 05/11/2022, in Australia, blended learning, change, changing business models, cloud-based computing / apps / other cloud-related, CMS/LMS, collaboration, colleges, communications, communities of practice, corporate / business world, corporate universities / corporate training, Daniel S. Christian, education, experimentation, face-to-face, future, future of higher education, game-changing environment, global / globalization, higher education, homeschooling/homeschoolers, hybrid learning, Hyflex learning, ideas, innovation, instructional design, internet, IT in HE, K-12 related, learning ecosystem, Learning from the Living [Class] Room, learning preferences, learning spaces, new business models, online learning, participation, platforms, reinvent, remote teaching and learning, smart classrooms, society, staying relevant, student-related, surviving, teachers, technologies for your home, TVs, universities, videoconferencing, vision/possibilities, by Daniel Christian

Airbnb’s design for employees to live and work anywhere — from news.airbnb.com; with thanks to Tom Barrett for this resource

Excerpt:

Airbnb is in the business of human connection above all else, and we believe that the most meaningful connections happen in person. Zoom is great for maintaining relationships, but it’s not the best way to deepen them. Additionally, some creative work and collaboration is best done when you’re in the same room. I’d like working at Airbnb to feel like you’re working at one of the most creative places on Earth, and this will only happen with some in-person collaboration time.

The right solution should combine the best of the digital world and the best of the physical world. It should have the efficiency of Zoom, while providing the meaningful human connection that only happens when people come together. We have a solution that we think combines the best of both worlds.

We’ve designed a way for you to live and work anywhere—while collaborating in a highly coordinated way, and experiencing the in-person connection that makes Airbnb special. Our design has five key features…

Now, a thought exercise on that item from Tom Barrett:

While you are there, extend the thought experiment and imagine the new policy for a school, college or university.

You can work from home or the office
You can move anywhere in the country you work in, and your compensation won’t change
You have the flexibility to travel and work around the world
We’ll meet up regularly for team gatherings, off-sites, and social events
We’ll continue to work in a highly coordinated way

From DSC:
As a reflection on this thought experiment, this graphic comes to my mind again. Teachers, professors, trainers, staff, and students can be anywhere in the world:

Learning from the living class room

100 Universities established an OPM, Bootcamp or Pathways partnership in Q1 2022 — from holoniq.com
Bootcamps are directing more resources B2B and B2G, OPMs are growing existing partnerships further and evolving their technology and healthcare programs.

Excerpt:

Higher Education, like the broader economy, is awkwardly emerging from an almost exclusively digital, isolated and stimulus fuelled environment into… well it’s not clear yet. University Partnerships continued to be established at pace through Q1 2022, albeit at a much slower rate than through 2021.

Also relevant/see:

College contracts with OPMs need better oversight, watchdog says — from highereddive.com by Natalie Schwartz

Excerpt from Dive Brief:

The U.S. Department of Education should strengthen oversight of colleges’ relationships with companies that help them launch and build online programs, according to a new report from the U.S. Government Accountability Office, an auditing agency for Congress.

Addendum on 5/11/22:

2021 Global Learning Landscape — from globallearninglandscape.org

A Turning Point for Prison Education — from chronicle.com by Taylor Swaak
With reinstatement of Pell Grants imminent, the programs weigh technology’s long-term role.

Excerpts:

Incarcerated people who participate in postsecondary-education programs are 48 percent less likely to return to prison, according to a 2018 study from the RAND Corporation.
…
Three colleges that The Chronicle spoke with are in varying stages of adding technology to their prison-ed programs.

Addendum on 5/11/22:

Prisoners receive college degrees at graduation ceremony inside a Michigan prison — from mlive.com by Bradley Massman

It was a proud, and somewhat routine commencement ceremony for Calvin University on Monday, May 9, though held in the confines of a state prison.

Calvin University and Calvin Theological Seminary joined the Michigan Department of Corrections Monday to host the graduation ceremony for Calvin Prison Initiative (CPI) students at the state’s Richard A. Handlon Correctional Facility in Ionia.

Addendums on 5/16/22:

More than new 70 colleges and universities chosen to help the incarcerated get credentials — from universitybusiness.com by Chris Burt
The Department of Education is expanding Second Chance Pell Experiment for prospective students in prison.
“Facing Life” by Brandon Tauszik & Pendarvis Harshaw — from booooooom.com

Coursera launches skills training academy for colleges and companies — from highereddive.com by Natalie Schwartz
Experts say the move could help the company strengthen its focus on selling courses to colleges rather than consumers.

Excerpts:

Coursera, like other popular MOOC platforms, has made its name by bringing online classes to the masses. But lately, the company has been expanding efforts to provide these offerings to colleges and employers rather than solely to consumers.

The company doubled down on that strategy Wednesday, when it announced the launch of a career training academy that enables users to earn entry-level certificates from companies like Meta and IBM in fields such as data analytics, social media marketing and user experience design. Institutions — including colleges, businesses and government organizations — can sign up to make the platform available to their students or employees.

The move signals a shift in strategy for the company. While Coursera is still focused on delivering courses directly to consumers, it’s also been building out its offerings to colleges and employers. This business segment includes Coursera for Campus, which allows colleges to use the platform’s content in their classes.

From DSC:
For those who think MOOCs have come and gone:

Coursera has been using academic content created by universities for years to build its audience, amassing some 97 million users by the end of last year, according to its latest earnings report.

Addendum on 5/11/22:

Colleges Are Losing Students. Is That A Growth Opportunity For Coursera? — from edsurge.com by Daniel Mollenkamp

From DSC:
After seeing the item below, I thought, “Hmmm…traditional institutions of higher education better look out if alternatives continue to gain momentum.” Perhaps it’s wise to double down on efforts to gather feedback from students, families, parents, businesses, and other stakeholders in the workplace regarding what they want and need — vs. what the faculty members of institution ABC want to teach.

A Third of U.S. College Students Consider Withdrawing — from news.gallup.com by Stephanie Marken

Excerpt:

Editor’s Note: The research below was conducted in partnership between the Lumina Foundation and Gallup.

About a third (32%) of currently enrolled students pursuing a bachelor’s degree report they have considered withdrawing from their program for a semester or more in the past six months. A slightly higher percentage of students pursuing their associate degree, 41%, report they have considered stopping out in the past six months. These are similar to 2020 levels when 33% of bachelor’s degree students reported they had considered stopping out and 38% of associate degree students said the same.

Reflections on “Why One University Is Moving Toward a Subscription Model” [Young]

On 04/26/2022, in 21st century, 24x7x365 access, Alternatives, Artificial Intelligence/Agents/LLMs/and Related, business side of he, career development, change, changing business models, colleges, community colleges, content development, aggregation, repositories, corporate / business world, corporate universities / corporate training, cost of getting a degree, curriculum, education technology, future of higher education, game-changing environment, generational differences, higher education, ideas, innovation, IT in HE, leadership, learner profiles, learning, learning agents, learning ecosystem, MOOCs -- Massive Open Online Courses, more voice more choice more control, new business models, online learning, workplace, by Daniel Christian

Why One University Is Moving Toward a Subscription Model — a podcast from edsurge.com by Jeffrey R. Young

Excerpts:

One big theme in education-innovation circles is that the professional world is changing faster than ever, and so schools and colleges must adjust how they teach to meet those needs.

One college in St. Louis, Maryville University, is embracing that argument in a big way by revamping its curriculum and even changing its business model to include options like a subscription model—with the goal of helping its students get good jobs after graduation.

“By the end of this decade or before, students should pay for higher ed the way they pay for Netflix or their cell phone bill,” Lombardi says.

From DSC:
I thought this was an interesting conversation and I agreed with much of what Mark Lombardi, President of Maryville University, had to say.

I appreciated Jeff’s attempts at trying to get Mark to hear that “learning styles” aren’t supported by the research. I wish Mark would have used the word “preferences” instead…as I do think learners have preferences when it comes to them learning about new topics.

“Unpaid internships should be illegal:” Why colleges should reconsider unpaid internships. — from newamerica.org by Mauriell H. Amechi and Iris Palmer; with thanks to Goldie Blumenstyk for this resource

Excerpts:

College leaders must do more to facilitate access to paid work experience, especially for historically underserved, low-income, and racially minoritized student populations.

Require all internships offered through career services to be paid. The inequitable practice of not paying interns makes such opportunities impossible to access for many students. Colleges should require that internships they offer be paid for by the employer or through matching funds from the college. Paying interns for their time is the right thing to do and the best way to start creating access for all students.
Maintain some on-campus internship opportunities to ease transportation and care needs and offer on-campus care.
Provide shuttles, transit passes, or travel stipends to internship sites.
Consider working with employers to make internships renewable across semesters.
Consider student populations that are typically excluded from internships.
Document what works to create sustainable funding streams.

2022 EDUCAUSE Horizon Report | Teaching and Learning Edition

On 04/19/2022, in adjunct faculty, blended learning, change, changing business models, collaboration, colleges, community colleges, competency-based learning/education, cost of getting a degree, credentialing, digital learning, education technology, face-to-face, faculty/staff, flipping -- inverted learning, future of higher education, game-changing environment, higher education, hybrid learning, ideas, instructional design, IT in HE, learning, learning ecosystem, Learning Experience Design, Learning from the Living [Class] Room, learning preferences, learning spaces, online learning, teaching & learning, technology (general), tools, traditional / tradition, United States, universities, vision/possibilities, workplace, by Daniel Christian

2022 EDUCAUSE Horizon Report | Teaching and Learning Edition — from library.educause.edu

Sections include:

Trends: Scanning the Horizon
Key Technologies & Practices
Scenarios
Implications: What Do We Do Now?

Also relevant/see:

Webinar | Exploring the 2022 Teaching and Learning Horizon Report

Also relevant/see:

2022 Educause Horizon Report Suggests Change Is Here to Stay; No Return to ‘Normal’ — from campustechnology.com by Rhea Kelly

Excerpt:

If the COVID-19 pandemic has been a time of unprecedented change in higher education — characterized by rapid pivots to remote work and learning and an explosion in the use of technology across the institution — the future is about reframing those changes into long-term realities, according to the 2022 Educause Horizon Report Teaching and Learning Edition, released this week. Colleges and universities are shifting their mindsets to “reflect an evolution from short-term ’emergency’ or ‘reactive’ modes of offering education during extraordinary circumstances to making strategic and sustainable investments in a future that will be very much unlike our past,” the report suggested.

6 Technologies and Practices Impacting the Future of Higher Education — from campustechnology.com by Rhea Kelly

Momentum builds behind a way to lower the cost of college: A degree in three years — from hechingerreport.org by Jon Marcus
Skepticism about the cost and duration of a higher education drives a need for speed

Excerpt:

A rare brand-new nonprofit university, NewU has a comparatively low $16,500-a-year price that’s locked in for a student’s entire education and majors with interchangeable requirements so students don’t fall behind if they switch.

But the feature that appears to be really winning over applicants is that NewU will offer bachelor’s degrees in three years instead of the customary four.

“We didn’t think the three-year bachelor’s degree was going to be the biggest draw,” said Stratsi Kulinski, president of the startup college. “But it has been, hands-down. Consumers are definitely ready for something different.”

The Skills Needed to Practice “New Law” [Vasudevan]

On 04/19/2022, in analytics, Artificial Intelligence/Agents/LLMs/and Related, change, changing business models, data related items, law schools, Legal operations, legal reform, legal technologies, legislatures / government / legal, mathematics, new business models, skills, UK, United States, universities, by Daniel Christian

The Skills Needed to Practice “New Law” — from abaforlawstudents.com by Ram Vasudevan

Excerpt:

…but proficiencies in technology, data and analytics, math and statistics, finance and budgeting, and large-scale project management are among the most valuable. Each of these skill sets now comes into play in the practice of law on a near-daily basis.

All these new legal competencies have in common the recognition that legal projects involve far more than legal skills. Too many lawyers, however, are still narrowly focused on the legal aspect of their work and are therefore missing out on a whole host of opportunities. Rising lawyers and law firm graduates who might have previously struggled to be part of the hiring conversation can now make themselves highly marketable by becoming experts in one or more of these areas and filling a pressing need in today’s legal organizations.

Also relevant/see:

The Legal Tech Tools Clients Are Actually Using – TR Report — from artificiallawyer.com

All of the topics covered in The Future Trends Forum [Alexander]

On 04/11/2022, in accessibility / UDL, accreditation, adjunct faculty, Alternatives, blended learning, business side of he, change, changing business models, CMS/LMS, colleges, community colleges, cost of getting a degree, credentialing, curriculum, data related items, education technology, emerging technologies, experimentation, faculty/staff, future of higher education, game-changing environment, higher education, hybrid learning, Hyflex learning, ideas, innovation, IT in HE, learning, learning ecosystem, Learning Experience Design, Learning from the Living [Class] Room, learning preferences, learning spaces, learning theories, new business models, new media literacies, online learning, open courseware and systems, research, science, STEAM-related, teaching & learning, tools, United States, universities, videoconferencing, Virtual Reality (VR) / worlds / learning, Web3, XR - extended reality, by Daniel Christian

The Future Trends Forum Topics page — from forum.futureofeducation.us by Bryan Alexander

Excerpt:

The Future Trends Forum has explored higher education in depth and breadth. Over six years of regular live conversations we have addressed many aspects of academia.

On this page you’ll find a list of our topics. Consider it a kind of table of contents, or, better yet, an index to the Forum’s themes.

Also see:

300 videos: the Future Trends Forum passes another milestone — from bryanalexander.org by Bryan Alexander

Since we launched in early February, 2016, the Forum has successfully published three hundred videos to YouTube. Week after week, month by month, over more than six years we’ve held great conversations, then shared them with the world, free of charge.

Learning Ecosystems

‘Stackable credentials’ could be future of higher education in Colorado [Brady]

The Exit Interview: Nine departing presidents on how the job — and higher ed — is changing. [Kelderman]

Carol Quillen

“Is the virtual courtroom the future of the justice system?” [Sonntag]+ seven other legal related items

100 Universities established an OPM, Bootcamp or Pathways partnership in Q1 2022 [holoniq.com]

A Turning Point for Prison Education [Swaak]

Coursera launches skills training academy for colleges and companies [Schwartz]

Higher ed better look out for promising alternatives. [Christian]

2022 EDUCAUSE Horizon Report | Teaching and Learning Edition

Momentum builds behind a way to lower the cost of college: A degree in three years [Marcus]

Categories

Tags