“Once upon a time in America,” says professor Sajay Samuel, “going to college did not mean graduating with debt.” Today, higher education has become a consumer product — costs have skyrocketed, saddling students with a combined debt of over $1 trillion, while universities and loan companies make massive profits. Samuel proposes a radical solution: link tuition costs to a degree’s expected earnings, so that students can make informed decisions about their future, restore their love of learning and contribute to the world in a meaningful way.
I’ve always believed that Universities are the biggest most profitable “business” in the US and other countries – have had big discussions about this with colleagues. This presentation confirms my point. I agree with Sajay Samuel that somehow the business model has to change and those accountable need to transform themselves to place the student at the center. PUNTO.
A new game that helps players, from all backgrounds and ages, learn how to form collaborative business relationships by role playing!
Join in the crowdfunding phase and get a free copy of the game for you, your students, colleagues and friends!
You can visit this innovative Kickstarter project at: http://kck.st/1OkvzAI
When I read Jeff Weiner’s LinkedIn post these qualities reminded me of some of the teams of people I have worked with through my life, among them UPRM folks and the Learning Factory team a few years back. Very difficult to find and let go! Read the article here.
According to this Washington Post blog, the American economy is less entrepreneurial now than at any point in the last three decades. That’s the conclusion of a new study out from the Brookings Institution, which looks at the rates of new business creation and destruction since 1978.
From McKinsey, this report lists what’s on the agenda of high performance boards. From basics stuff (portfolio evaluation), innovation) to rigorous stuff (evaluating resource allocation, assessing value drivers) – their aim is to reduce bias in decision making. The higher education community can benchmark and use some of these practices!
Since I moved back to Silicon Valley, I have lived this unique ‘personality’ the region has. Bubbling, anything is possible kind of an attitude. Now, this study by Booz & Company and the Bay Area Council Economic Institute, the strategic research arm of the Bay Area Council, a consortium of more than 275 companies in the San Francisco Bay Area, worked together to identify the strategic, cultural, and organizational attributes that have led to the sustained success of this region. It seems that their ability to integrate their innovation strategies with their business strategies is key!