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On 09/27/2010,
in business, business side of he, dangers of the status quo, economics, future of higher education, game-changing environment, higher education, leadership, new business models, strategy,
by Daniel Christian
On 09/17/2010,
in dangers of the status quo, disruption, future of higher education, game-changing environment,
by Daniel Christian
Are we approaching a mutation in higher education? — from changinghighereducation.com by Lloyd Armstrong, University Professor and Provost Emeritus at the University of Southern California
As mass consumption gives way to the wants of individuals, a historic transition in capitalism is unfolding.
So begins an interesting article in a recent McKinsey Quarterly written by Shoshana Zuboff. Zuboff’s premise is straightforward:
Every century or so, fundamental changes in the nature of consumption create new demand patterns that existing enterprises can’t meet. When a majority of people want things that remain priced at a premium under the old institutional regime—a condition I call the “premium puzzle”—the ground becomes extremely fertile for wholly new classes of competitors that can fulfill the new demands at an affordable price.
On 09/17/2010,
in dangers of the status quo, disruption, education, education technology, future, game-changing environment,
by Daniel Christian
The Ed Tech Journey and a Future Driven by Disruptive Change — from Campus Technology.com by Mary Grush
Teaching and learning in higher ed have advanced incrementally alongside rapid changes in technology. Is it time for some radical shifts?
As the closing keynote speaker at Campus Technology 2010, Josh Baron, director of academic technology and e-learning at Marist College (NY) and chair of the Sakai Foundation board of directors, scanned emerging technologies and trends to identify the future potential for fundamental, revolutionary change in higher education. The following is based on excerpts from his hour-long talk. (A recording of Baron’s keynote is available at campustechnology.com/summer10; click on Recordings. Or click below graphic.)
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On 09/10/2010,
in 24x7x365 access, budgets, business side of he, changing business models, cost of getting a degree, curriculum, dangers of the status quo, Daniel S. Christian, disruption, education reform, education technology, engagement / engaging students, funding / grants, future of higher education, game-changing environment, global / globalization, higher education, leadership, learning ecosystem, mobile learning, multimedia, online learning, open courseware and systems, strategy, student-related, surviving, traditional / tradition, ubiquitous learning, United States,
by Daniel Christian
On 09/01/2010,
in Apple, blended learning, convergence, digital learning, digital textbooks, disruption, distance education, e-books, e-readers, education, education technology, educational games / serious games, elearning, emerging technologies, engagement / engaging students, future of higher education, game-changing environment, higher education, K-12 related, learning ecosystem, multimedia, online learning, online media, podcasting,
by Daniel Christian
On 08/31/2010,
in change, game-changing environment, journalism, new business models,
by Daniel Christian
USA Today focuses on digital content and eliminates 130 jobs — from CTICareerSearch
Like many other print media companies, USA Today has been struggling with declining circulation and decreased revenue in today’s increasingly digitized world.
Also see:
On 08/30/2010,
in digital learning, digital textbooks, disruption, game-changing environment, multimedia, new business models, publishing, using teams,
by Daniel Christian
California State University to license content from major college publishers — from TeleRead: Bring the E-Books Home by Paul Biba
The Digital Marketplace, an initiative of the California State University Office of the Chancellor, announced plans today to launch a pilot to license digital course content from Bedford/Freeman/Worth, Cengage Learning, McGraw-Hill Education, Pearson, and John Wiley & Sons, Inc.
On 08/27/2010,
in disruption, education technology, game-changing environment, innovation, internet, leadership, staying relevant, strategy,
by Daniel Christian
Blockbusted: A Netflix Knock-Out, Bad Metaphors on the Path to the Movie Monster’s Bankruptcy — from Fast Company – Technology by Austin Carr
The Blockbuster age is fading, and at last the company is preparing for bankruptcy. In the past two years, the shrinking video-rental store has struggled to stay afloat with $920 million in debt, drowning all the while in revenue losses of $1.1 billion. The LA Times reports that Blockbuster executives and senior debt holders have entered discussions with major movie studios for a “pre-planned” bankruptcy mid-September.
But for everyone other than Blockbuster’s sunny faced spin masters, bankruptcy was about as surprising as another Rocky comeback. Blockbuster’s brick-and-mortar business was unviable in the digital world, and competitors Netflix and Redbox took every advantage to pick apart the dinosaur’s carcass. The company’s numbers have signaled extinction, too, with value withering from $8.4 billion when Viacom purchased it in 1994 to total market value of $24 million today. Continuing the Mesozoic metaphor, here’s why bankruptcy hit Blockbuster like a surprise asteroid.
Netflix Who?
From DSC:
And I would add the questions:
- “Who cares about the iPod?”
- “What does Internet-related technology have to do with our business anyway?”
In a presentation I created last year (see Section II), I used Blockbuster as an example of an organization who completely discounted the disruptive impact of technology..and now they are paying the price (along with much of the newspaper industry).
There IS a lesson here for those of us in higher ed.
I’ll end this posting with the following quote/excerpt:
“This is a pattern we see over and over,” he said, of the many parallels he could draw to Blockbuster’s financial troubles. “If a company is not able to keep up with the changing needs of its customer, it will become irrelevant,” he said.
Ultimately, it was these words which may have saved the company. Blockbuster was not able to keep up with the changing needs of its customers.
Blockbuster has become irrelevant.
Relevant addendum:
- I just ran across this posting on educationstormfront — What Blockbuster Can Teach Higher Ed
On 08/27/2010,
in business side of he, future of higher education, game-changing environment, higher education, innovation, new business models, traditional / tradition,
by Daniel Christian
New Business Models for Higher Education — from David Collis, Yale University [via Educause]
Collis assesses the new higher education marketplace, replete with distance learning courses offered online. He reviews the business models of dozens of for-profit Internet based firms entering the higher education market, compares their strategies with those of traditional colleges and universities, and projects the effects of the new entrants on established institutions. Collis concludes that the new firms will move more quickly along a technology-enabled learning trajectory, which in the end will put them at a distinct advantage when they move from their most common point of entry — the corporate market — into the traditional higher education realm.
On 08/26/2010,
in dangers of the status quo, game-changing environment, K-12 related, leadership, online learning,
by Daniel Christian
Discover the Brave New World of Online Learning — from Edutopia.org
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Online Classes Personalize Teaching and Learning
Discover how students and teachers benefit from virtual classrooms.
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Starter Kit for Teaching Online
Expert advice on shifting from brick and mortar to bytes and bits.
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Video Pick: Meet a Virtual Principal
See how one educator leads from a distance.
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Also see:
On 08/25/2010,
in game-changing environment, higher education,
by Daniel Christian
On 08/25/2010,
in future of higher education, game-changing environment, higher education,
by Daniel Christian
On 08/24/2010,
in blended learning, face-to-face, game-changing environment, hybrid learning, K-12 related, online learning,
by Daniel Christian
Also see:
- San Francisco Flex Academy to Open Downtown This Fall — /PRNewswire-USNewswire/
New Public Charter School Now Accepting Enrollments for Students in Grades 9-12
SAN FRANCISCO, Aug. 23 /PRNewswire-USNewswire/ — San Francisco Flex Academy (SF FLEX), an exciting new public charter high school and one of the state’s first full-time “hybrid” schools, will open this fall in downtown San Francisco. SF Flex is currently accepting enrollments for students in grades 9-12 and is expecting to start classes on Tuesday, September 7, 2010.
The school will offer both onsite classroom instruction with highly qualified, credentialed teachers and state-of-the-art online learning provided by K12 Inc., America’s largest provider of online school programs for students in kindergarten through high school. There is no tuition to attend this public charter school.
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On 08/24/2010,
in business side of he, cost of getting a degree, dangers of the status quo, future of higher education, game-changing environment,
by Daniel Christian
Academic Bankruptcy – NY Times Opinion — by Mark Taylor, Chairman of the religion department at Columbia University and the author of the forthcoming “Crisis on Campus: A Bold Plan for Reforming Our Colleges and Universities.”
With the academic year about to begin, colleges and universities, as well as students and their parents, are facing an unprecedented financial crisis. What we’ve seen with California’s distinguished state university system — huge cutbacks in spending and a 32 percent rise in tuition — is likely to become the norm at public and private colleges. Government support is being slashed, endowments and charitable giving are down, debts are piling up, expenses are rising and some schools are selling their product for two-thirds of what it costs to produce it. You don’t need an M.B.A. to know this situation is unsustainable.
With unemployment soaring, higher education has never been more important to society or more widely desired. But the collapse of our public education system and the skyrocketing cost of private education threaten to make college unaffordable for millions of young people. If recent trends continue, four years at a top-tier school will cost $330,000 in 2020, $525,000 in 2028 and $785,000 in 2035.