Here’s a great presentation on drivers of economic growth by Amy Liu, a senior fellow at the Brookings Institute and co-director of the Brookings’ Metropolitan Policy Program. This slide is particularly interesting – and worth showing your kids…
Really interesting data about ROI by college on PayScale.com.
A few selections. I’m guessing that the Ivys and the like rank high because they feed finance and professions. State schools with a technical or engineering bent also do well.
Here’s a sample:
“Something is clearly wrong when only 11% of business leaders — compared to 96% of chief academic officers — believe that graduates have the requisite skills for the workforce. It’s therefore unlikely that business leaders are following closely what’s going on in higher education. Even the latest hoopla around massive open online courses (MOOCs) amounts to more of the same: academics designing courses that correspond with their own interests rather than the needs of the workforce, but now doing it online.”
Originally posted on HBR Blog Network - Harvard Business Review:
Data is confirming what we already know: recruiting is an imprecise activity, and degrees don’t communicate much about a candidate’s potential and fit. Employers need to know what a student knows and can do.
Something is clearly wrong when only 11% of business leaders — compared to 96% of chief academic officers — believe that graduates have the requisite skills for the workforce. It’s therefore unlikely that business leaders are following closely what’s going on in higher education. Even the latest hoopla around massive open online courses (MOOCs) amounts to more of the same: academics designing courses that correspond with their own interests rather than the needs of the workforce, but now doing it online.
But there is a new wave of online competency-based learning providers that has absolutely nothing to do with offering free, massive, or open courses. In fact, they’re not even building courses per se, but creating…
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Recent post on Portland Incubator Experiment’s (PIE) blog
Originally posted on PIE Blog:
I’ve served in business development and product roles at four startups—two in California and two here in Portland. If I count the digital media group at the LA Times, I can call it five. I also headed up new business development for Knowledge Universe, where my job was to look for new business lines for the billion-dollar education company. Given these experiences, and given that I’m a closet lawyer, I consider myself to be a Swiss Army knife of all things business and partnership development.
Here are 10 simple tips and observations, in no particular order, that might be useful to you:
1. Term and Termination are the most important terms in your deal. As a startup, your visibility into the future is very limited. It’s certainly not uncommon for strategies and priorities to change several times in the first two to three years. When negotiating contractual terms, term and termination…
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This is a very interesting case. The Children’s Online Privacy Act prevents web publishers from collecting personal information from minors without parental consent. Yelp had such policy posted on their site, but the functionality wasn’t there. Minors were thus able to post private data on Yelp. The settlement with the FTC was $450,000.
Make sure that your site works…
Thanks to EvoLLLution for creating an interesting study. It’s a couple of years old, but I just ran across it.
Many North Americans have trouble keeping pace with the changes occurring in today’s work- place. Despite the existence of 9.3 million unemployed Americans, the country experienced a shortage of 7 million skilled workers in 2010, a shortage that is expected to climb to 21 million by 2020. A lack of educational attainment sits at the root of the issue. So much so, that unless more North Americans strive to achieve a higher level of education, average income per capita is going to decline within the next decade.
If I understand the stats, this means that (in theory) the skills gap is responsible for 75% of the unemployment rate (7 million unfilled positions / 9.3 unemployed).
The skilled worker shortage is expected to grow to 21M by 2020. Crazy.
I’m very interested in seeing the breakout of the skilled worker shortage.
Once employed, the need for education never ends. 70% of employers say that continuing education is a requirement to simply stay current. Most of the report focuses on this issue.
Definitely worth a read.
Jason Calacanis asks the question: what’s your primary consumption device? For me, the answer has been evolving based on what I own.
TV. First off, my TV is the big loser. Other than live sports (mainly basketball and tennis) I don’t use it.
Apple products. I own an iPhone, iPad and MacBook Air, and purchased them in that order. I also own an Apple TV. (Yes, call me a fan boy.)
I really don’t use the Apple TV for much beyond watching the occasional movie.
My iPhone has been the big loser in terms of media consumption. It’s always better to use either the iPad or Air.
The MacBook Air (11′) has displaced much of my iPad usage. Because it’s so light, it’s been winning the battle for what I travel with and what I use on the couch. The iPad still wins for watching a movie or reading a book in bed.
The Air also has the advantage of being a good creation device – when deciding what to take on a trip.
I suppose in any scenario, Apple is the winner :)
I’m now wondering how education “consumption” is changing across devices.