mukeshaghi

Universal Higher Education Meeting the Challenge through Technology: 

Universal Higher Education Meeting the Challenge through Technology Dr. Mukesh Aghi CEO Universitas 21 Global

Education: A Paradigm Shift: 

Education: A Paradigm Shift

UNESCO“Global Conference on Higher Education (1997)”: 

UNESCO “Global Conference on Higher Education (1997)” “The second half of the last century will go down the history of higher education as the period of its most spectacular expansion: an over six fold increase in student enrolments worldwide from 13 million in 1960 to 82 million in 1995. But it is also the period which has seen the gap enlarge between industrially developed and the developing countries with regard to the access and resources for higher learning and research.”

Challenges in Education: 

Challenges in Education “Access to education is one of the most serious problems facing the world - right behind international terrorism and environmental deregulation.” "One of the real threats to the future is that 85 per cent of the population of the world is gravely inadequately provided (for) in education infrastructure, just 15 per cent of people on the planet are privileged, 85 per cent are deprived, and that is unsustainable. The future of both the privileged and the underprivileged depends on building a bridge - access to education." - Alan Gilbert, ex- vice-chancellor University of Melbourne

The End of the University?: 

The End of the University? “Universities won’t survive…higher education is in deep crisis. Already we are beginning to deliver more lectures off-campus via satellite or via two-way video at a fraction of the cost (of traditional courses). The college campus won’t survive as a residential institution. Today’s (college) buildings are hopelessly unsuited and totally unneeded.” -Peter Drucker Forbes March 1997

Traditional Universities Injecting Adrenalin: 

Traditional Universities Injecting Adrenalin

“The Internet has potential to be the first major change in the (educational) process since Socrates”—Gary Becker: 

“The Internet has potential to be the first major change in the (educational) process since Socrates”—Gary Becker

Paradigm Shift: India: 

Paradigm Shift: India

Asian Internet Users: 

Asian Internet Users Source: SG Cowan Securities; IDC; Jeffries & Co.; CNNIC; Credit Lyonnais Securities; eMarketer

India 3rd Largest Economy by 2050: 

India 3rd Largest Economy by 2050 Source: Goldman Sachs “Dreaming with BRICs: The Path to 2050”

Higher Education India: Is it enough? : 

Higher Education India: Is it enough? Growth in Higher Education in India

Growing Crisis-Quality Faculty: 

Growing Crisis-Quality Faculty (a) Source: ThinkEquity Partners.

The Global Education Gap: 

Less than 1/3 of adults outside the U.S. have completed high school, let alone earned a postsecondary degree The Global Education Gap Average Years of Schooling By Region, Excluding High Income Countries Percentage of Adults Enrolled in Postsecondary Education Source: World Bank. Data as of 1999.

Global Higher Education Landscape: 

Global Higher Education Landscape Access to Higher Education (18-22 Year Old Students) Current % % of Students # of Students (mm) China 3% 20% 20.0 Malaysia 14% 40% 8.3 India 4% 8% 15.0 Hong Kong 15% 20% 0.1 US 42% 45% 16.1 Projected by 2020 _______ Source: US Census Bureau, World Bank, Government of Hong Kong. In Malaysia, for example, an additional 5.4 million higher education slots are needed to get to 40% Online courses will capture at least half of this growth - $200+ billion opportunity by 2020

Global Higher Education Landscape Supply & Demand Gap: 

Global Higher Education Landscape Supply & Demand Gap Source: UNESCO; DRI; U.S. IDB East, Southeast and South Asia East, Southeast And South Asia

India as a Consumer of Education: 

India as a Consumer of Education Growth of students wanting a global education- India and China are sending maximum students go US educational industries. As far back as 1996 according to UNESCO the number of Asian students studying abroad for higher education was 714,500. In 2003 of the top 15 countries sending students to the US 10 were Asian countries Source: As quoted in Pittsburgh Post Gazette Institute of International Education

The Dynamics of Innovation: 

The Dynamics of Innovation 1806 Ice Shipment from Massachusetts to West Indies-700,000 tons a year 1860-Machine made ice taking market share from harvested ice Prices in North $6/ton, South $125/ton 1889 over 200 ice making plants in South Prices drop in South to $35/ton 1886 harvested ice market 25m tons 1920’s Electric refrigerators enter the market 1940s natural ice industry finished

The Great Leap: Driving Innovation from the Base of the Pyramid: 

The Great Leap: Driving Innovation from the Base of the Pyramid “Disruptive Innovations compete against “non consumption” – that is, they offer a product or a service to people who would otherwise be left out entirely or be poorly served by existing products and who are therefore quite happy to have a simpler, more modest version of what is available in the high-end markets.” Stuart Hart and Clayton Christensen in SMR

Historical Geniuses : 

Historical Geniuses “This telephone has too many shortcomings to be seriously considered as a means of communications. The device is inherently of no value to us”. - (Western Union, internal memo, 1876) “Everything that can be invented has been invented”. - (Charles H. Duell, Commissioner, U.S. Office of Patents, 1899) “Computers in the future may weigh no more than 1.5 tons”. - (Popular Mechanics, forecasting the relentless march of science, 1949) “We don’t like their sound, and guitar music is on the way out”. - (Decca Recording Co. rejecting the Beatles, 1962) “640k ought to be enough for anybody”. - (Bill Gates, Microsoft Corporation, 1981)

Disruptive Technologies: Drivers of Leadership Failure and the Source of New Growth Opportunities*: 

Disruptive Technologies: Drivers of Leadership Failure and the Source of New Growth Opportunities* Performance Time New performance trajectory Disruptive Technology Normal Distribution of Customers *Source: Clayton Christenson, The Innovator’s Dilemma

Disruptive Technologies: Examples: 

Disruptive Technologies: Examples E-commerce: where the Amazon.coms are deep sixing conventional retailers Automotive: When Toyota first rolled out its Coronas and Tercels, Detroit laughed. Honda entered the U.S. market selling road bikes. Who’s laughing now? Airlines: People Express a low end airline seemed like a joke in the 1970s. Today, Southwest Airlines, Jet Blue are the hottest thing in airlines. PDAs: The tech world tittered at the underpowered Newton. But along comes the PalmPilot, Sony Clie or the Blackberry Mobile Phones in India: Several players in India were skimming the market. Reliance has now come in with Will technology and the market has now opened up to the masses. Automotive in India: Maruti came in with a new small car that upstaged the existing automotive manufacturers. Education Sector in India: IGNOU has developed as one of the largest universities in the world and shown that education is possible notwithstanding distance.

Universitas 21 Global A TechnologyTo Bridge the Digital Divide: 

Universitas 21 Global A Technology To Bridge the Digital Divide

Value Proposition: 

Value Proposition

U21global Value Proposition Address The Primary Motivations Of the Target Students: 

U21global Value Proposition Address The Primary Motivations Of the Target Students Key Motivational Themes Belief System Value Proposition Elements

Global Accreditation: 

Global Accreditation U21pedagogica is an international provider of independent, highly professional quality assurance services for higher education programs and associated activities Its quality assurance processes draw heavily upon the well-established internal quality assurance processes and expertise of the member institutions within the Universitas 21 network.

Universitas 21 Global Testamur: 

Universitas 21 Global Testamur

E-learning Future: 

E-learning Future “Ideally we will have constant access to all knowledge… real time classes will form spontaneously in cyberspace, with people entering and exiting constantly…we will be able to learn from or attend class with anyone in history whenever we want…we will get feedback from virtual experts who will observe and coach us…and finally we will learn in our dreams”. ---John Seely Brown

Slide28: 

The ability to learn faster than your competitors may be the only sustainable competitive advantage - Peter Senge The Fifth Discipline Thank You