190 likes | 336 Views
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.
E N D
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
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
MBA: Not as Dominant …..Value, Relevance & Flexibility Demanded
Digital Growth Year Academic articles published per year 1726 344 1750 699 1800 3,066 1850 13,439 1900 58,916 1950 258,284 2000 1,132,291 2009 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
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”