25 trends disrupting education right now — from teachthought.com by Terry Heick
Key quote/lesson from “How Barnes & Noble destroyed itself” — from fool.com by John Maxfield
An unnecessary tragedy
What makes B&N’s story tragic from a shareholder’s and book-lover’s perspective is that it wasn’t inevitable. The company would be in an entirely different position if its leadership hadn’t pooh-poohed online retail in the late 1990s, when the now-dominant Amazon was in its infancy. Consider this from its 1998 annual report: “Although it is clear the World Wide Web, with its profound possibilities, will become a major component of the future of bookselling and publishing, we believe retail bookstores will remain the foundation of our industry . . . shopping and browsing in a bookstore is an irreplaceable experience, and it is woven securely into the fabric of our American culture [emphasis added].”
From DSC:
I love going to B&N; sipping some coffee and reading a book. So don’t get me wrong, I really enjoy the physical experience of going to a bookstore. But the lesson for higher ed — as well as for the corporate world — is that technology cannot be pooh-poohed and shoved aside. Those who do so will be very sorry that they chose that route. There can be danger in pursuing the status quo.
How about your organization…is there solid representation of technology on your board/executive suite/leadership team?
My last thought here relates to my posting What happens in our hearts has very practical, relevant implications in our daily lives
In 2009, the company paid its chairman of the board, Len Riggio, nearly $600 million for B&N College, an amalgamation of campus-based bookstores that controlled the rights to the parent company’s trade name and was then owned by Riggio and his wife.
At the time, it looked like a classic covetous overreach by an executive to extract capital without selling shares. When all that’s left of B&N is a Harvard case study, however, my guess is that this blatant display of avarice and disregard for minority shareholders will be characterized more ominously as the proverbial straw that broke the camel’s back.
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Also relevant here:
- ReadWriteWeb DeathWatch: Barnes & Noble — from readwriteweb.com by Cormac Foster
Investing in your own disruption — from edcetera.rafter.com by Kirsten Winkler
Excerpt:
What do you do when you realize that the business you have been building over the past decades, if not centuries, is toast? Well, you can entrench yourself and fight the last battle, trying to squeeze as much as possible out of what is left, or simply call it a wrap and move on.
Publisher Macmillan seems to have chosen the latter. PandoDaily published an interesting post about Macmillan New Ventures, a $100 million (or more) fund led by former Questia Media CEO Troy Williams. The task: invest in education technology startups that will eventually disrupt the publishing industry.
Videos from Qualcomm Uplinq 2012 show the future of Smart TV
— from hexus.net by Mark Tyson
Excerpt:
Here are the feature highlights of these “redefined” Smart TVs:
- Console quality gaming
- Concurrency of apps
- Miracast wireless technology allowing smartphone and tablet screens to partake in multi-screen interactivity
- Personalisation and facial recognition
- Gestures
- HD picture quality
- HD video calling
From DSC:
…and add to that list the power of customized learning and analytics!
Penn launches its first free online classes via Coursera — from the University of Pennsylvania
Excerpt (emphasis DSC):
PHILADELPHIA — This week, the University of Pennsylvania launched three free courses via Coursera, an online educational platform designed to make Web-based classes available more widely.
With the capacity to reach millions of people simultaneously, Coursera has a design inspired by educational research on effective learning practices and creates an interactive learning experience for the course offerings.
So far, more than 50,000 people from around the world have enrolled in these three online courses, all stemming from Penn’s Perelman School of Medicine:
- Fundamentals of Pharmacology with Emma Meagher, an attending physician in preventive cardiology at Penn Medicine and the director of Penn’s four-year pharmacology curriculum.
- Vaccines with Paul Offit, a professor of pediatrics in the Perelman School and the director of the Vaccine Education Center at the Children’s Hospital of Philadelphia, who has made it his life’s work to educate both the medical profession and the public on the value of vaccinations.
- Health Policy and the Affordable Care Act with Ezekiel Emanuel, the vice provost for global initiatives at Penn and the chair of the Department of Medical Ethics and Health Policy. He is also a Penn Integrates Knowledge professor in the Perelman School and the Wharton School.
Online education startups: A field guide — from gigaom.com by Ki Mae Heussner
Doctors on demand: 5 startups wiping out the waiting room — from gigaom.com by Ki Mae Heussner