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Innovation & Transformation in Higher Education. Virginia Summit on Economic Competitiveness and Higher Education . Carol Stillman, Sr. Business Development Manager, Higher Education Cisco Systems. September 18, 2013. Trends / Economic Impact Higher Education’s Role
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Innovation & Transformation in Higher Education Virginia Summit on Economic Competitiveness and Higher Education Carol Stillman, Sr. Business Development Manager, Higher Education Cisco Systems September 18, 2013
Trends / Economic Impact Higher Education’s Role Virginia Initiative: “4VA” – success of a public/private partnership
Today’s Students Are Preparing forJobs That Don’t Yet Exist Source: Forbes
1000 Internet Devices in 198450,000,000,000 in 2020 Source: Telefonica I&D 2011
2012 created more information than the past 5000 years combined Source: Telefonica I&D 2011
Amount of new technical information doubles every 2 years Source: from DidYou Know by Fisch, McLood and Brenman
Higher Education’s Role: Higher Education = innovation Innovation = economic impact
In the next 5-years, the education delivery system will change more than it has in the last 30-years • New emerging technologies will completely change the education landscape • Institutional transformation required: • leveraging $$$ across running the business of the institution and the delivery of teaching, learning, and research • Examining current processes and policies
"Higher education is among the state programs generating the highest return in terms of job creation, economic growth, and ultimately tax revenues.” Virginia Governor's Commission on Higher Education Reform, Innovation and Investment, 2010
The 4-VA Initiative: Improving Access; Increasing Graduates while Containing Costs 4-VA promotes inter-university collaborations that leverage the strengths of each partner university in order to accomplish much more than any individual university could achieve alone. http://www.youtube.com/watch?v=_2lx_8oWZnk
2010: 4VA initiative born 2011: Year 1 progress celebrated via Telepresence event with Gov, Sec of ED, Legislators, 4VA Univ Pres’ and leadership, Cisco Chairman and senior leaders 2012: Year 2 program results; release of 2 video case studies for everyone’s use 2013: Year 3 recognition 4VA highlighted at World Economic Forum by Cisco Chairman/CEO, John Chambers, as a model of innovation/transformation in higher education 4VA recipient of the Computerworld Honors Laureate award that recognizes organizations around the world which create and use information technology to promote and advance the public welfare, benefit society, and change the world for the better Recognition and Awards Communicate the Success
Ongoing commitment of Senior Leadership Collaboration & Cooperation between education, govt, and industry A public-private partnership: everyone invests resources Change takes courage Key Success Factors of 4VA: A Model for the Nation
Cisco Chairman and CEO John Chambers • “Higher education continues to be a cornerstone for our country's economic growth. I applaud the leadership of Governor McDonnell and the four universities in driving this transformative effort. • They have demonstrated tremendous progress in establishing the foundation to effectively increase access to higher education resources across the Commonwealth through the power of collaboration,"