How can higher education institutions alter their strategy to achieve student success? How can emerging technology such as cognitive analytics, cloud, connectivity, and omni channel engagement accelerate higher education efforts? Review tactical steps to develop an effective game plan.
5. IBM
Institute for
Business Value
We surveyed more than 900 academic and
business leaders globally
Source: IBM Institute for Business Value Higher Education Survey 2015.
6. IBM
Institute for
Business Value
Leaders believe higher education fails to
meet the needs of core customers…
Of academic and business leader surveyed…
believe the current higher education system is meeting the needs of students
believe the current higher education system is meeting the needs of industry
believe the current higher education system is meeting the needs of society
41%
49%
47%
Source: IBM Institute for Business Value Higher Education Survey 2015.
7. IBM
Institute for
Business Value
…and falls short in delivering value and
meeting expectations in many areas
Of academic and business leader surveyed…
believe the current higher education is providing value for money
believe the current higher education system is contributing to economic growth
believe the current higher education system is preparing students with critical skills
49%
51%
43%
Source: IBM Institute for Business Value Higher Education Survey 2015.
8. IBM
Institute for
Business Value
Most leaders identified job placement as the
best higher education effectiveness measure
Job placement rates of students
62%
Source: IBM Institute for Business Value Higher Education Survey 2015.
63%
51%
Top measures of higher education effectiveness
Student creativity & innovative problem solving capability
Contribution of students to social enlightenment and
cultural development
73%
Senior educators
64%
Senior educators
57%
Educational innovators
56%
Corporate recruiters
50%
Corporate learning executives
9. IBM
Institute for
Business Value
Source: IBM Institute for Business Value Higher Education Survey 2015.
71%
of corporate recruiters surveyed cannot find applicants with
sufficient practical experience
Higher education is failing to equip students
with skills required to be effective employees
10. IBM
Institute for
Business Value
The actions needed to transform higher
education are not being prioritized
Source: IBM Institute for Business Value Higher Education Survey 2015.
12. IBM
Institute for
Business Value
New technologies can help improve access,
experience, variety and outcomes
Promote access
Provides greater access to classes,
curricula, and other educational
content
Deepen experience
Integrates physical and digital worlds
for more engaging experiences
Expand variety
Enables pursuit of educational
experiences beyond traditional higher
education institutions
Improve outcomes
Enables improved decision making
by focusing on patterns that improve
student success
13. IBM
Institute for
Business Value
Cognitive Analytics
By making decisions based on science and data, you will be able to reduce turnover, attract and retain
high-quality students, and improve organizational performance and outcomes
High Speed Networks
Accessibility is a must for students today. Converging PON, Wi-Fi, and Cellular connectivity onto a single
fiber cabling infrastructure can cost 30% less than legacy copper based networks
Cloud
Cloud technology provides a more agile and cost effective way to manage IT. Governance, security, and
hybrid models need to be understood and established to get the best investment return
Omni-Channel Enablement and Engagement
Devices and applications are evolving every day. All curriculum is impacted and every teacher needs to embrace
change because today’s student is expecting the University to participate, practice and at minimum keep up
Emerging Technology
15. IBM
Institute for
Business Value
• 5 bar cellular and WiFi connectivity provides the always on Internet connection your
students are demanding
• Designed to help you boost your revenues and improve the fan experience
• New network technology converges PON, Wi-Fi, and Cellular connectivity onto a single
fiber cabling infrastructure and costs 30% less than legacy copper based networks
• Through convergence, new systems requires far less space than legacy networks giving
you back valuable space
• New technology is Green, reducing operational costs and improving your LEED status
• More reliable and far simpler to operate and manage than legacy networks
High Speed Networks
19. IBM
Institute for
Business Value
To improve employability, higher education
needs to become more practical and applied
65%
Provide experience based learning
63%
Provide internships, apprenticeships
Source: IBM Institute for Business Value Higher Education Survey 2015.
What is required to address performance gaps in higher education
20. IBM
Institute for
Business Value
Source: IBM Institute for Business Value Higher Education Survey 2015.
57%
Industry and academia need to
collaborate to deliver higher
education to students
Leaders agree collaboration is needed to
improve higher education effectiveness
56%
Industry and academia need to
collaborate in developing curricula
21. IBM
Institute for
Business Value
Civic engagement and strong leadership from industry.
Strong connections with government leaders
Intermediary organizations that serve as the ecosystem orchestrators
Common vision and long-term charter that clearly defines commitments
Early wins that demonstrate commitments and results
Collaborative data sharing to enable better signaling
Several elements are critical to creating and
sustaining effective ecosystems
22. IBM
Institute for
Business Value
Assess current capabilities
Engage core customers to evaluate existing educational and analytics capabilities, decision
support tools and mechanisms for improving access, experience, variety and outcomes
Identify high-value opportunities
Assess curriculum to identify where opportunities and needs exist to infuse experienced based learning
techniques and new technologies or real-world learning experiences
Look for opportunities to leverage “flip” teaching
Crystalize the vision, define objectives and gain commitments
Define and reach consensus on a clear and common vision with clearly defined commitments
Define ecosystem business intelligence requirements and strategy for addressing data collection and
sharing among partners
Today’s homework
23. IBM
Institute for
Business Value
Partner to extend and strengthen capabilities
Identify and evaluate new opportunities to expand access, experience and variety through
ecosystem partners, beyond those available from acting alone
Work with industry partners to develop/expand programs for real-world learning experiences and
validate needs for specific skills
Experiment with new technologies
Monitor and validate new disruptive technologies, pursue opportunities to experiment, and broaden
organization culture to recognize and accept that in the process of innovation, some failures are
inevitable
Formalize process, apply metrics and refine portfolio
Develop a benefits realization plan to monitor and evaluate the impact of learning
Formalize processes and accountability mechanisms to help ensure partners remain engaged
Encourage partners to align internal business metrics to the ecosystem vision
Today’s homework
Nelson Mandela, former president of South Africa, 1993 Nobel Peace Prize laureate.
Occasion: Launch of Mindset NetworkPlace: Planetarium, University of the Witwatersrand Johannesburg South AfricaDate: Wednesday, July 16, 2003
Source: http://db.nelsonmandela.org/speeches/pub_view.asp?pg=item&ItemID=NMS909
3
4
In collaboration with the Economist Intelligence Unit, IBM surveyed more than 900 academic and industry leaders and interviewed 25 leading academic subject matter experts. Five specific groups were surveyed across public and private colleges and universities, vocational programs, community colleges, educational service providers and corporations:
Academic leaders: Included deans, presidents, chancellors, vice chancellors, provosts and senior academic administrators from a mix of four-year, vocational/technical and community colleges.
Senior educators: Included professors, assistant professors and individuals responsible for higher education delivery.
Corporate recruiters: Included individuals from private-sector companies responsible for recruiting talent for their organizations.
Corporate learning executives: Included executives from organizations that provide learning services to public and private sector organizations.
Educational innovators: Included individuals from leading technology companies responsible for developing and innovating new education products and services.
Source: Q1 “To what extent do you believe the current higher education system in your country is meeting the needs of the following groups?” n=935
Business and academic leaders believe that higher education fails to meet the needs of core customers
Less than 50% of business and academic leaders believe that the current higher education system is meeting the needs of society (47%), industry(41%) or students (49%). (Q1)
Source: Q2 “To what extent does the current higher education environment in your country fail or succeed at the following?” n=935
Business and academic leaders identify the current successes of the higher education system:
51% think that higher education is providing value for money
49% think that higher education is contributing to economic growth and competitiveness
49% think that higher education is providing access to students from a broad range of economic and social environments
43% think that higher education is preparing students with the skills they need for the workforce
Little confidence exists the ability of HE institutions to effectively prepare students for the workforce. Only slightly more than half (54%) of respondents from PES and workforce development organizations in this study’s survey indicated they believe higher education institutions are adequately preparing students for the workforce.
Source: IBV LTU survey 2014
Sources:
Q14 “What do you consider to be the best measures of effectiveness or success of higher education institutions?” n = 872
Q15 “What do you believe is the most important role of higher education?” n=863,
Q13 “To what extent do you agree or disagree with the following statements?” n = 826
Most academic and business leaders identified job placement as the best measure of higher education effectiveness
Leaders identify the 5 measures of effectiveness for higher education institutions they believe are critical. The majority of leaders in academia and industry (63%) believe that the best measure of effectiveness or success in higher education is the job placement rate of higher education institutions. This particular questions was broken out into the 5 roles our respondents were categorized in Q14:
73% of senior educators agreed with this (really surprising that academia is more in line with this than industry)
64% of academic leaders (really surprising that academia is more in line with this than industry)
57% of educational innovators
56% of corporate recruiters
50% of corporate learning executives
To further support the best measure of effectiveness of higher education, we asked both industry and academic leaders what the role of higher education should be. 1 out of 2 leaders believe that the role of higher education is to provide the business community with a relevant, skilled workforce and to also provide students with the fundamentals to launch a career. (Q15 ) Also, among industry and academic leaders 50% believe that higher education institutions have a direct responsibility for equipping students to be “job ready” after graduation. (Q13)
It therefore makes sense to assess the effectiveness of higher education based on its role and not on the current ranking system being used to measure the effectiveness of higher education.
Sources:
Q10 “What are the most important requirements for an individual to be successful in the workforce today?” n = 890
Q9 “What are the most significant shortfalls of students coming out of higher education programmes today?” n = 891
Q21 “What are your greatest challenges in recruiting the right candidates from higher education institutions?” n = 132
Higher education institutions are not equipping many students with the skills they need to be effective employeesThere is a consensus among leaders in industry and academia on the most important requirements for an individual to be successful in the current workforce. However, there is also an consensus on the most significant shortfalls of students coming out of the current higher education system. The same skills the are a requirement for success in the current workforce are also the skills where students have the greatest shortfall. (Q9 and Q10)
Ability to analyze problems and draw out possible solutions (Most important requirement for success and the greatest shortfall of students – BIG DISCONNCET)
Ability to collaborate effectively and work in teams
Ability to communicate effectively in the business context
Willingness to be flexible, agile, and adaptable to change
From an industry point of view, 71% of corporate recruiters believe the biggest challenge in recruiting is finding applicants who have sufficient practical experience. This further demonstrates the disconnect between the current higher education system and the needs of core customers (industry and students).
These same skill gaps are the key soft skills that many long term unemployed youth lack. The most common characteristics of the Long term unemployed are a lack of soft skills (74%), Lack of key skills in demand in local labor markets (74%), and outdated or obsolete skills (68%). While skills related issue are those most associated with members of the LTU, little confidence exists the ability of HE institutions to effectively prepare students for the workforce. Only slightly more than half (54%) of respondents from PES and workforce development organizations in this study’s survey indicated they believe higher education institutions are adequately preparing students for the workforce. Additionally, only 43% of respondents believe secondary schools are adequately preparing students for the workforce.
Source: [1] IBV LTU survey 2014:
Q18. Which characteristics of individuals has your organization identified related to the long-term unemployed?
Q15. Please indicate your level of agreement or disagreement with the following statements:
a) Secondary schools in our area of responsibility are providing students with skills to better prepare them to be productive members of the workforce.
b) Institutions of higher education in our area of responsibility are providing students with skills necessary to be competitive in the workforce.
c)Our organization coordinates and collaborates effectively and effectively with education, social service organizations and other partner organizations.
Sources:
Q19 “To what extent do you agree or disagree with the following statements?” n = 600
Q20 “Which of the following criteria does your organization use when selecting institutions to target for candidate recruitment?” n = 132
Q6a “Thinking about your institution’s academic course curricula today compared to five years ago, what percentage has changed as a result of advancements in each of the following areas? n = 615
Q6b Thinking about your institution’s academic course curricula today compared to five years in the future, what percentage will change as a result of advancements in each of the following areas?” n = 615
However, strategies do not prioritize the actions necessary to achieve this optimistic view
Despite academic leader’s optimism about the future, their priorities do not reflect necessary actions to overcome current challenges. When academic leaders were asked to rank their top five business objectives today, they ranked “collaborating with external business to define curricula” 5th, but in the next five years, while it does increases 4% overall, it retains its level of priority among academic leaders. This demonstrates that their optimism is unfounded and is not prompting changes in actions. The business strategy "in the business of launching careers" decreases by one percent in the next five years and remains at the bottom of higher education institution's priorities.
Higher education institutions need to be focused on meeting the needs of industry to remain relevant and valuable
Past recruiting success is the largest factor when industry decides which higher education institutions to look for new hires (Q20)
66% of corporate recruiters select institutions based on past success in recruiting candidates
58% of corporate recruiters selected institutions based on rankings & ratings of specific programs
This shows that by focusing on rankings instead of developing quality candidates at higher education institutions, industry recruiters will go elsewhere for candidates.
Despite technology becoming a major disruptor in industry and higher education, it’s influence on curricula change in the next five years remains relatively constant.
When asked what percentage has changed in the past five years/will change in the next five years due to advancements in student expectations, professor expectations, technology, and industry demands – percentages remain relatively the same: (Q6a and Q6b)
Student expectations – 27% five years ago, 26% in the next five years
Technology - 24% five years ago, 27% in the next five years (only percentage increase in the next five years, but by 3%)
Industry demands - 22% five years ago, 22% in the next five years
Professor expectations - 11% five years ago, 10% in the next five years
11
Source: Q16 “Where do you see the greatest opportunity for technology to impact higher education?” n = 883
Higher education should embrace technology to improve education access, experience, and variety
Industry and academic leaders identify the four most beneficial uses of new technology in higher education as:
Promoting education access: provide greater access to classes, curricula, and other educational content
Deepening education experience: integrate physical and digital worlds for a more compelling and engaging educational experience
Expanding education variety: enable pursuit of educational experiences beyond traditional higher education institutions
Improving outcomes: enable improved decision making by focusing on patters that demonstrably improve student success
62% of academics believe the benefits of technology outweigh the adoption costs of technology when improving the technology resources available to students and faculty.
Q18 “For each of the following areas, how would you evaluate the relevant cost and benefit of each?” n = 603
Assess current capabilities
Engage core customers to evaluate existing capabilities and mechanisms for providing access, experience and variety to identify where opportunities for improvements exist
Evaluate analytics capabilities and decision support tools within the ecosystem to identify opportunities to enhance decision making and to improve student outcomes
Extend capabilities through ecosystem partners
Identify and evaluate new opportunities to expand access, experience and variety through ecosystem partners, beyond those available from acting alone
Experiment with new technologies
Monitor and validate new disruptive technologies, pursue opportunities to experiment, and broaden organization culture to recognize and accept that in the process of innovation, some failures are inevitable
Assess current capabilities
Engage core customers to evaluate existing capabilities and mechanisms for providing access, experience and variety to identify where opportunities for improvements exist
Evaluate analytics capabilities and decision support tools within the ecosystem to identify opportunities to enhance decision making and to improve student outcomes
Extend capabilities through ecosystem partners
Identify and evaluate new opportunities to expand access, experience and variety through ecosystem partners, beyond those available from acting alone
Experiment with new technologies
Monitor and validate new disruptive technologies, pursue opportunities to experiment, and broaden organization culture to recognize and accept that in the process of innovation, some failures are inevitable
Assess current capabilities
Engage core customers to evaluate existing capabilities and mechanisms for providing access, experience and variety to identify where opportunities for improvements exist
Evaluate analytics capabilities and decision support tools within the ecosystem to identify opportunities to enhance decision making and to improve student outcomes
Extend capabilities through ecosystem partners
Identify and evaluate new opportunities to expand access, experience and variety through ecosystem partners, beyond those available from acting alone
Experiment with new technologies
Monitor and validate new disruptive technologies, pursue opportunities to experiment, and broaden organization culture to recognize and accept that in the process of innovation, some failures are inevitable
Assess current capabilities
Engage core customers to evaluate existing capabilities and mechanisms for providing access, experience and variety to identify where opportunities for improvements exist
Evaluate analytics capabilities and decision support tools within the ecosystem to identify opportunities to enhance decision making and to improve student outcomes
Extend capabilities through ecosystem partners
Identify and evaluate new opportunities to expand access, experience and variety through ecosystem partners, beyond those available from acting alone
Experiment with new technologies
Monitor and validate new disruptive technologies, pursue opportunities to experiment, and broaden organization culture to recognize and accept that in the process of innovation, some failures are inevitable
Assess current capabilities
Engage core customers to evaluate existing capabilities and mechanisms for providing access, experience and variety to identify where opportunities for improvements exist
Evaluate analytics capabilities and decision support tools within the ecosystem to identify opportunities to enhance decision making and to improve student outcomes
Extend capabilities through ecosystem partners
Identify and evaluate new opportunities to expand access, experience and variety through ecosystem partners, beyond those available from acting alone
Experiment with new technologies
Monitor and validate new disruptive technologies, pursue opportunities to experiment, and broaden organization culture to recognize and accept that in the process of innovation, some failures are inevitable
18
Source: Q11 “Which of the following interventions should institutions consider to address performance gaps in higher education?” n = 888
To address this issue, higher education needs to become more practical and applied
Industry and academic leaders believe the three most important interventions to be considered to address performance gaps in higher education are;
provide experienced based learning at 65%
provide internships and apprenticeships at 63%
“One of the biggest challenges facing higher education is optimizing practical learning, focus on skills and experience. Knowledge of skills transfer instead of transferring knowledge base.” – CIO, European Vocational University
Source: Q13 “To what extent do you agree or disagree with the following statements?” n = 884
Industry and academic leaders agree greater collaboration is needed to improve effectiveness of higher education
Over half agreed that collaboration between industry and academia needed to be a focus. Specifically, 57% agreed that collaboration needs to happen in order to deliver higher education to students and 56% agreed that collaboration needs to happen while developing curricula.
“…[We are] trying to service new ways of doing business, partnerships, global relationships, and inter-disciplinary collaboration…” – Senior Administrative Executive, North American Public University
21
Identify high-value opportunities
Assess existing curriculum to identify where opportunities and needs exist to infuse experienced based learning techniques and new technologies or real-world learning experiences (e.g., internships, apprenticeships)
Look for opportunities to leverage “flip” teaching (where students learn basic content outside class and do homework/problem solve in class) to expand opportunities for incorporating experimental learning
Partner to extend and strengthen capabilities
Build/expand alliances with industry partners to identify and validate needs or opportunities for specific skills
Work with industry partners to develop/expand programs for real-world learning experiences, and foster support for business investment in apprenticeships and internships and other practical programs
Apply metrics and refine portfolio
Develop a benefits realization plan to monitor and evaluate the impact of real-world learning programs on student skills and capabilities; calibrate to enable program portfolio decisions based on outcomes
Assess current capabilities
Engage core customers to evaluate existing capabilities and mechanisms for providing access, experience and variety to identify where opportunities for improvements exist
Evaluate analytics capabilities and decision support tools within the ecosystem to identify opportunities to enhance decision making and to improve student outcomes
Extend capabilities through ecosystem partners
Identify and evaluate new opportunities to expand access, experience and variety through ecosystem partners, beyond those available from acting alone
Experiment with new technologies
Monitor and validate new disruptive technologies, pursue opportunities to experiment, and broaden organization culture to recognize and accept that in the process of innovation, some failures are inevitable
Identify the right partners and empower an “orchestrator”
Identify key partners from academia, industry and the public sector and define and empower a strong intermediary to recruit partners and build consensus
Crystalize the vision, define objectives and gain commitments
Define and reach consensus on a clear and common vision with clearly defined commitments across ecosystem partners
Define ecosystem business intelligence requirements and strategy for addressing data collection and sharing among partners
Formalize processes and design for sustainability
Define and formalize processes and accountability mechanisms to help ensure partners remain engaged and committed
Encourage partners to align internal business metrics to the ecosystem vision