Globalization, Digitization & Competition: Forces For Positive Change
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www.emeraldinsight.com Research you can use Globalization, Digitization & Competition: Forces For Positive Change Bill Russell, Senior VP – External Relations Practitioner Research Fellow, Exeter University
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Globalization, Digitization & Competition: Forces For Positive Change Bill Russell, Senior VP – External Relations Practitioner Research Fellow, Exeter University. “When spring comes, snow melts first at the periphery, because that is where it is most exposed” Andy Grove, Intel. - PowerPoint PPT Presentation
Transcript of Globalization, Digitization & Competition: Forces For Positive Change
www.emeraldinsight.com Research you can use
Globalization, Digitization & Competition: Forces For
Positive Change
Bill Russell, Senior VP – External RelationsPractitioner Research Fellow, Exeter University
“When spring comes, snow melts first at the periphery, because that is where it is most exposed”
Andy Grove, Intel
Growth in HE Graduation (1995 – 2010)
The Declining Value for Money of a College Degree
Source: College Board, U.S. Department of Education, Census Bureau, and Citi Research. Tuition and earnings were weighted in 2010 dollars; tuition and fees were enrolment-weighted
Demographics: World Changing Shape
China: Threat or Opportunity?
Shifts in Global Innovation
Short Term Economic Prospects
21st Century Shifts: Affects Students & Research Priorities
MBA: Not as Dominant …..Value, Relevance & Flexibility Demanded
Digital Growth
Year Academic articles published per year 1726 3441750 6991800 3,0661850 13,4391900 58,9161950 258,2842000 1,132,2912009 1,477,383
Source: Arif Jinha, Article 50 million: An estimate of the number of scholarly articles in existence, Ottawa 2010
Smartphone Growth
Advertisers look for ways to follow consumers, FT April 24th 2013
Social Media Growth
Advertisers look for ways to follow consumers, FT April 24th 2013
Shift From Laptops > Tablets
Integrated Reasoning: Dealing With Data
Competition
• US: 25 of FT Top 50 MBA courses (FT 2013)• Asia: 8 of FT Top 50 MBA courses (FT2013)• 15,673 Business Degree Institutions Globally• MOOCs• MBA vs Specialist Masters• Residential vs Blended vs Online• Open Resources vs Library Resources• Cases & Video vs Textbooks and Journals
Disruption: Clay Christensen
“I think higher education is just on the edge of the crevasse. Generally, universities are doing very well financially, so they don’t feel from the data that their world is going to collapse. But I think even five years from now these enterprises are going to be in real trouble”
•HE Disruption Areas
Teaching
- Teaching more important- Enhanced access to education – locally & globally- Redefinition of the classroom- Unbundled learning paths- Faculty skills, incl. adjuncts
Publisher & Library Challenges- MOOCs challenging textbooks- Gamification of learning- Blended learning: Flipped classes- More Case Teaching & Consultancy projects- Greater emphasis group working: less essay writing?- Increased use of video- Integrated reasoning
Research & Knowledge Creation
- Changing roles of faculty (Teaching & Research)- Research processes- Review and access- Research impact- Relevance vs Academic Silos
Publisher & Library Challenges- Fewer research intensive Universities (4-500 globally?)- Funders: Open Access directives- Requirement for HE Research to impact society & business - Journals grip on dissemination?- Infographics
University Management& Business Models
- Financial models – modularity- Less research funding- Service models- Accreditation more important- Faculty skills & change- Communication
Publisher & Library Challenges- Content needs to support modularised learning- Demand for research efficiency- Greater emphasis on teaching- Budget pressures- Adoption of new learning and research services by faculty
•
HE Opportunities
Teaching
- Teaching more important- Enhanced access to education – locally & globally- Redefinition of the classroom- Unbundled learning paths- Faculty skills, incl. adjuncts
Publisher & Library Challenges- MOOCs challenging textbooks- Gamification of learning- Blended learning: Flipped classes- More Case Teaching & Consultancy projects- Greater emphasis group working: less essay writing?- Increased use of video- Integrated reasoning
Research & Knowledge Creation
- Changing roles of faculty (Teaching & Research)- Research processes- Review and access- Research impact- Relevance vs Academic Silos
Publisher & Library Challenges- Fewer research intensive Universities (4-500 globally?)- Funders: Open Access directives- Requirement for HE Research to impact society & business - Journals grip on dissemination?- Infographics
University Management& Business Models
- Financial models – modularity- Less research funding- Service models- Accreditation more important- Faculty skills & change- Communication
Publisher & Library Challenges- Content needs to support modularised learning- Demand for research efficiency- Greater emphasis on teaching- Budget pressures- Adoption of new learning and research services by faculty
