The Evolution of Collaboration: Unveiling the EDUCAUSE Corporate Engagement Program — from er.educause.edu

The program is designed to strengthen the collaboration between private industry and higher education institutions—and evolve the higher education technology market. The new program will do so by taking the following actions:

  • Giving higher education professionals better access to corporate thought leaders who can help create change at their institutions
  • Educating corporate partners on the nuances of higher education and the major challenges it faces so that they can help provide meaningful solutions
  • Giving the EDUCAUSE staff and leadership better access to corporate change-makers in order to advocate for change on behalf of our institutional community
  • Providing the institutional community with higher-quality content and services from companies that are deeply invested in the success of higher education
  • Providing the corporate community with custom-built packages that allow more meaningful connections with the institutional community—not only at our in-person events but also through online opportunities year-round

By building better bridges between our corporate and institutional communities, we can help accelerate our shared mission of furthering the promise of higher education.


Speaking of collaborations, also see:

Could the U.S. become an “Apprentice Nation?” — from Michael B. Horn and Ryan Craig

Intermediaries do the heavy lifting for the employers.


Bottom line: As I discussed with Michael later in the show, we already have the varied system that Leonhardt imagines—it’s just that it’s often by chaos and neglect. Just like we didn’t say to 8th graders a century ago, “go find your own high school,” we need to design a post-high school system with clear and well-designed pathways that include:

  1. Apprenticeships outside of the building trades so students can learn a variety of jobs by doing the job.
  2. Short-term certificates that lead to jobs without necessarily having the college degree immediately, but having the option to return for a college degree later on.
  3. Transfer pathways where credits earned in high school really count in college and the move from two-year college to any four-year institution is seamless.

? Listen to the complete episode here and subscribe to the podcast.

 

AI Is Transforming Corporate Learning Even Faster Than I Expected — from joshbersin.com by Josh Bersin

Excerpts (emphasis DSC):

Of all the domains to be impacted by AI, perhaps the biggest transformation is taking place in corporate learning. After a year of experimentation, it’s now clear that AI will revolutionize this space.

Here’s a simple example. I asked Galileo™, which is powered by 25 years of research and case studies, “How do I deal with an employee who’s always late? And please give me a narrative to help?” Rather than take me to a course on management or show me a bunch of videos, it simply answered the question. This type of interaction is where much of corporate learning is going.

In all my years as an analyst, I’ve never seen a technology with so much potential. AI will revolutionize the L&D landscape, reinventing how we do our work so L&D professionals can spend time consulting with the business.

 

Nearly half of companies say they plan to eliminate bachelor’s degree requirements in 2024 — from highereddive.com by Carolyn Crist
Many employers are dropping degree requirements to create a more diverse workforce and increase job candidate numbers, survey results show.

Forty-five percent of companies plan to eliminate bachelor’s degree requirements for some positions in 2024, according to a Nov. 29 report from Intelligent.com.

In 2023, 55% of companies removed degree requirements, particularly for entry-level and mid-level roles, the survey shows. Employers said they dropped these requirements to create a more diverse workforce, increase the number of applicants for open positions and because there are other ways to gain skills.


Fitch Ratings issues deteriorating outlook for higher ed in 2024 — from highereddive.com by Natalie Schwartz
The credit ratings agency cited high labor and wage costs, elevated interest rates and uneven enrollment gains across the sector.

Dive Brief:

  • Fitch Ratings issued a deteriorating outlook Monday for U.S. colleges and universities in 2024, citing high labor and wage costs, elevated interest rates and uneven enrollment gains across the sector.
  • These challenges will limit colleges’ financial flexibility next year, according to the credit ratings agency. Moreover, Fitch analysts expect only a 2% to 4% uptick in colleges’ net tuition revenue and said tuition increases likely cannot counter rising operating expenses.
  • The outlook expects the divide to grow between large selective colleges and their smaller, less selective counterparts. “Flagship schools and selective private institutions are expected to experience relatively steady to favorable enrollment, while some regional public institutions and less-selective private schools in competitive markets have experienced declines,” according to the analysis.

Credit rating agencies split on higher ed outlook in 2024 — from highereddive.com by Jeremy Bauer-Wolf
S&P argues economic conditions will stress regional institutions, though Moody’s says the sector is stable overall.

Dive Brief:

  • Two credit rating agencies are somewhat divided in their outlooks for U.S. higher education in 2024, with one arguing the sector has stabilized, while the other forecasts tough economic conditions for less selective, regional colleges.
  • Revenue growth from sources like tuition and state funding looks promising, Moody’s Investors Service argued in an analysis Thursday. S&P Global Ratings, however, said Thursday that only highly selective institutions will enjoy student demand and healthy balance sheets. Their less selective counterparts face enrollment declines and credit pressures in turn, S&P said.
  • Both organizations agreed that labor shortages and similar challenges will squeeze colleges next year. Higher ed is contending with a boom in union activity, while widespread faculty tenure “remains a unique sector risk, limiting budget and operating flexibility,” Moody’s said.

 

 

Education evolves to match the speed of tech innovation — from Tech predictions for 2024 and beyond — from allthingsdistributed.com
Higher education alone cannot keep up with the rate of technological change. Industry-led skills-based training programs will emerge that more closely resemble the journeys of skilled tradespeople. This shift to continuous learning will benefit individuals and businesses alike.

Similar to the software development processes of decades past, we have reached a pivotal point with tech education, and we will see what was once bespoke on-the-job-training for a few evolve into industry-led skills-based education for many.

We have seen glimpses of this shift underway for years. Companies like Coursera, who originally focused on consumers, have partnered with enterprises to scale their upskilling and reskilling efforts. Degree apprenticeships have continued to grow in popularity because education can be specialized by the employer, and apprentices can earn as they learn. But now, companies themselves are starting to seriously invest in skills-based education at scale.

All of these programs enable learners at different points in their career journey to gain the exact skills they need to enter in-demand roles, without the commitment of a traditional multi-year program.

But there will be many industries where the impact of technology outpaces traditional educational systems. To meet the demands of business, we will see a new era of industry-led educational opportunities that can’t be ignored.

From DSC:
It seems to me that this is saying that higher education is not able to — nor will it be able to in the future — match the speed of innovation taking place today. Therefore, alternatives will continue to hit the learning landscapes/radar. For example, Amazon’s CTO, Dr. Werner Vogels, mentioned Amazon’s efforts here:

Amazon just announced that it has already trained 21 million tech learners across the world in tech skills. And it’s in part thanks to programs like the Mechatronics and Robotics Apprenticeship and AWS Cloud Institute.

 

Michigan launches lifelong learning department with acting director — from mlive.com by Simon Schuster

Excerpt (emphasis DSC):

The Michigan Department of Lifelong Education, Advancement, and Potential, deemed MiLEAP, took its first steps Friday [12/1/23] as Gov. Gretchen Whitmer launched the department with an acting director in place to lead it.

The department will handle everything from child care licensing, formerly in the department of Licensing and Regulatory Affairs, to scholarship administration, which was previously handled by the Department of Treasury.

More than 300 state government employees from four different departments are being consolidated into MiLEAP. The department will have three offices: early childhood education, higher education and education partnerships.


Also re: Michigan, see:

Growing Michigan Together Council | Recommendation Report
November 28 Discussion Draft

Excerpt:

Growing Michigan Together Council Recommendation

Develop a lifelong education system for Michigan kids that prepares them to be successful in a 21st century economy.

01 Redesign the Michigan P–12 education system so that all students have a broad set of future ready skills and competencies to thrive in work and life, and guarantee up to a 13th year to ensure all students achieve this standard
02 Provide all students opportunities to gain up to two years of publicly funded college credits or postsecondary training once they are prepared to succeed
03 Align secondary, postsecondary, higher education, and skills training to create a seamless system of continuous learning so that all Michiganders can be prepared for and adapt to a changing workplace

 

Learning and employment record use cases -- from the National Governors Association

LERs Are Hot. What Are States Going To Do With Them?

Governors and state leaders are concerned about the current labor shortage, occurring during a time when many skilled workers are underemployed or even unemployed. Skills-based approaches to hiring and recruiting can shift that dynamic—making pathways to good careers accessible to a wider segment of the workforce and opening up new pools of talent for employers. They do so by focusing on what workers know and can do, not on the degrees or credentials they’ve earned.

That’s the theory. But a lot hinges on how things actually play out on the ground.

Technology will play a key role, and many states have zeroed in on learning and employment records—essentially digital resumes with verified records of people’s skills, educational experiences, and work histories—as an essential tool. A lot of important work is going into the technical design and specifications.

This project, on the other hand, aims to take a step back and look at the current state of play when it comes to the use cases for LERs. Just a few of the key questions:

  • How might employers, education providers, government agencies, and workers themselves actually use them? Will they?
  • In what areas do state policymakers have the most influence over key stakeholders and the most responsibility to invest?
  • What actions are needed now to ensure that LERs, and skills-based hiring more broadly, actually widen access to good jobs—rather than setting up a parallel system that perpetuates many of today’s inequities?
 

34 Big Ideas that will change our world in 2024 — from linkedin.com

34 Big Ideas that will change our world in 2024 -- from linkedin.com 

Excerpts:

6. ChatGPT’s hype will fade, as a new generation of tailor-made bots rises up
11. We’ll finally turn the corner on teacher pay in 2024
21. Employers will combat job applicants’ use of AI with…more AI
31. Universities will view the creator economy as a viable career path

 

When Educators and Employers Work Together, Students Succeed — from hbsp.harvard.edu by Joseph Fuller and Manjari Raman

(Emphasis below from DSC)

Last year, in “The Partnership Imperative,” we put forth a set of more than 40 best practices that employers and educators can use to develop a close collaboration. As part of that effort, we identified three main goals and laid out strategies for achieving each.

  1. Partner with each other to offer training and education that is aligned with industry needs. (DSC: Similar to how Instructional Designers want alignment with learning objectives, learning activities, and assessments of learning.)
  2. Establish relationships with each other that result in the recruitment and hiring of students and graduates.
  3. Make supply-and-demand decisions that are informed by the latest data and trends.

From DSC:
Under #1, their strategies include:

Cocreate and regularly update college curriculums so that they reflect relevant technical and foundational skills based on industry needs. Codesign programs that fit with students’ lives and industry hiring cycles. Incorporate classroom experiences that simulate real-world settings and scenarios.

I see AI being able to identify what those changing, currently sought-after, and foundational skills are based on industry needs (which shouldn’t be hard, and vendors like Microsoft are already doing this by combing through the posted job descriptions on their platforms). These findings/results will help build regularly updated learning playlists and should provide guidance to learning-related organizations/groups/individuals/teams on what content to develop and offer  (i.e., courses/learning modules/micro-learning-based streams of content, other).

 

Expanding Bard’s understanding of YouTube videos — via AI Valley

  • What: We’re taking the first steps in Bard’s ability to understand YouTube videos. For example, if you’re looking for videos on how to make olive oil cake, you can now also ask how many eggs the recipe in the first video requires.
  • Why: We’ve heard you want deeper engagement with YouTube videos. So we’re expanding the YouTube Extension to understand some video content so you can have a richer conversation with Bard about it.

Reshaping the tree: rebuilding organizations for AI — from oneusefulthing.org by Ethan Mollick
Technological change brings organizational change.

I am not sure who said it first, but there are only two ways to react to exponential change: too early or too late. Today’s AIs are flawed and limited in many ways. While that restricts what AI can do, the capabilities of AI are increasing exponentially, both in terms of the models themselves and the tools these models can use. It might seem too early to consider changing an organization to accommodate AI, but I think that there is a strong possibility that it will quickly become too late.

From DSC:
Readers of this blog have seen the following graphic for several years now, but there is no question that we are in a time of exponential change. One would have had an increasingly hard time arguing the opposite of this perspective during that time.

 


 



Nvidia’s revenue triples as AI chip boom continues — from cnbc.com by Jordan Novet; via GSV

KEY POINTS

  • Nvidia’s results surpassed analysts’ projections for revenue and income in the fiscal fourth quarter.
  • Demand for Nvidia’s graphics processing units has been exceeding supply, thanks to the rise of generative artificial intelligence.
  • Nvidia announced the GH200 GPU during the quarter.

Here’s how the company did, compared to the consensus among analysts surveyed by LSEG, formerly known as Refinitiv:

  • Earnings: $4.02 per share, adjusted, vs. $3.37 per share expected
  • Revenue: $18.12 billion, vs. $16.18 billion expected

Nvidia’s revenue grew 206% year over year during the quarter ending Oct. 29, according to a statement. Net income, at $9.24 billion, or $3.71 per share, was up from $680 million, or 27 cents per share, in the same quarter a year ago.



 

Where a developing, new kind of learning ecosystem is likely headed [Christian]

From DSC:
As I’ve long stated on the Learning from the Living [Class]Room vision, we are heading toward a new AI-empowered learning platform — where humans play a critically important role in making this new learning ecosystem work.

Along these lines, I ran into this site out on X/Twitter. We’ll see how this unfolds, but it will be an interesting space to watch.

Project Chiron's vision: Our vision for education Every child will soon have a super-intelligent AI teacher by their side. We want to make sure they instill a love of learning in children.


From DSC:
This future learning platform will also focus on developing skills and competencies. Along those lines, see:

Scale for Skills-First — from the-job.beehiiv.com by Paul Fain
An ed-tech giant’s ambitious moves into digital credentialing and learner records.

A Digital Canvas for Skills
Instructure was a player in the skills and credentials space before its recent acquisition of Parchment, a digital transcript company. But that $800M move made many observers wonder if Instructure can develop digital records of skills that learners, colleges, and employers might actually use broadly.

Ultimately, he says, the CLR approach will allow students to bring these various learning types into a coherent format for employers.

Instructure seeks a leadership role in working with other organizations to establish common standards for credentials and learner records, to help create consistency. The company collaborates closely with 1EdTech. And last month it helped launch the 1EdTech TrustEd Microcredential Coalition, which aims to increase quality and trust in digital credentials.

Paul also links to 1EDTECH’s page regarding the Comprehensive Learning Record

 

From the military to the workforce: How to leverage veterans’ skills — from mckinsey.com
Traditional ways of hiring make it harder for many service members to land civilian jobs. A new approach could help veterans transition to the workforce—and add $15 billion to the US economy.

This is where military veterans can make a difference. Veterans represent a source of labor potential that is untapped relative to the breadth of experience and depth of skills that they acquire and develop during their service. Members of the military receive technical training, operate under pressure in austere environments, and develop strong interpersonal skills throughout their service, making them well qualified for numerous civilian occupations. While not every military role is directly transferrable to a civilian job, most skills are—including those that correspond to US industries experiencing labor shortages, such as infrastructure and manufacturing.

 

Learning Corporate Learning — Newsletter #70 — from transcend.substack.com by Alberto Arenaza and Michael Narea
A deep-dive into the corporate learning-edtech market for startups

The Transcend Newsletter explores the intersection of the future of education and the future [of] work, and the founders building it around the world.

 

Lastly, we look at four product categories within L&D:

  • Content: libraries of learning content covering a wide range of topics (Coursera & Udemy for Business, Pluralsight, Skillsoft). Live classes are increasingly a part of this category, like Electives, Section or NewCampus.
  • Upskilling: programs focused on learning new skills (upskilling) or relocation of talent within the company (reskilling), both being more intensive than just content (Multiverse, Guild).
  • Coaching: support from coaches, mentors or even peers for employees’ learning (BetterUp, CoachHub, Torch).
  • Simulations: a new wave of scalable learning experiences that creates practice scenarios for employees (Strivr, SimSkills)
 

Why Kindness at Work Pays Off — from hbr.org by Andrew Swinand; via Roberto Ferraro

Summary:
Whether you’re just entering the workforce, starting a new job, or transitioning into people management, kindness can be a valuable attribute that speaks volumes about your character, commitment, and long-term value. Here are a few simple routines you can integrate into your everyday work life that will spread kindness and help create a culture of kindness at your organization.

  • Practice radical self-care. The best way to be a valuable, thoughtful team member is to be disciplined about your own wellness — your physical, emotional, and mental well-being.
  • Do your job. Start with the basics by showing up on time and doing your job to the best of your ability. This is where your self-care practice comes into play — you can’t do your best work without taking care of yourself first.
  • Reach out to others with intention. Make plans to meet virtually or, even better, in person with your colleagues. Ask about their pets, their recent move, or their family. Most importantly, practice active listening.
  • Recognize and acknowledge people. Authentic, thoughtful interactions show that you’re thinking about the other person and reflecting on their unique attributes and value, which can cement social connections.
  • Be conscientious with your feedback. Being kind means offering feedback for the betterment of the person receiving it and the overall success of your company.

“When anxiety is high and morale is low, kindness isn’t a luxury — it’s a necessity. With mass layoffs, economic uncertainty, and geopolitical tensions, kindness is needed now more than ever, especially at work.”

 

Upskilling Workers to Match Workforce Demands — from learningguild.com by Brad Koch

If the rapid adoption of artificial intelligence by the general public in 2023 has taught us anything, it’s that much of the world is growing more comfortable with this technology and businesses will soon follow in individuals’ footsteps. The World Economic Forum’s Future of Jobs Report 2023 published earlier this year reinforces the trend: More than 75% of companies are looking to adopt big data, cloud computing, and AI in the next five years.

At the same time, the report notes that 44% of workers’ core skills are expected to change in the next five years. Not only will workplaces need to equip their employees with the necessary skills to use the technologies being implemented, but they will also need to make sure employees have the skills to fill the roles that artificial intelligence cannot. Here’s how companies can prepare their workers for shifting demands in the next five years.

Expand industry-relevant training and partnerships with educational institutions


Also from learningguild.com, see:


 

Accenture Life Trends 2024 — from accenture.com; via Mr. Bob Raidt on LinkedIn
The visible and invisible mediators between people and their world are changing.

In brief

  • The harmony between people, tech and business is showing tensions, and society is in flux.
  • Five trends explore the decline of customer obsession, the influence of generative AI, the stagnation of creativity, the balance of tech benefits and burden, and people’s new life goals.
  • Opportunity abounds for business and brands in the coming twelve months and beyond – read Accenture Life Trends 2024 to find out more.

5 Trends

01 Where’s the love?
Necessary cuts across enterprises have shunted customer obsession down the priority list—and customers are noticing.
02 The great interface shift
Generative AI is upgrading people’s experience of the internet from transactional to personal, enabling them to feel more digitally understood and relevant than ever.
03 Meh-diocrity
Creativity was once about the audience, but has become dependent on playing the tech system. Is this what creative stagnation feels like?
04 Error 429: Human request limit reached
Technology feels like it’s happening to people rather than for them—is a shift beginning, where they regain agency over its influence on daily life?
05 Decade of deconstruction
Traditional life paths are being rerouted by new limitations, necessities and opportunities, significantly shifting demographics.

 
© 2024 | Daniel Christian