New Alignments: Smart Learning Exchanges & Talent Ci9es NLV. 11/27/13

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1 New Alignments: Smart Learning Exchanges & Talent Ci9es NLV 11/27/13 1

2 INTRODUCTION 11/27/13 2

3 Thank you to Laureate, the OECD, and you. New Learning Ventures is an educa0on architecture and learning design firm based in NYC. We are privileged to engage in every aspect of the educa0on- talent spectrum from pre- school to corporate leadership training. We offer deep exper9se in global workplace training and development design, iden9fica9on of new educa9on markets, and design of leading- edge innova9ons in transforming educa9on. We consult with Fortune 500 Educa0on prac0ces, NGOs, higher educa9on, governments and school districts. NLV works closely with EdLab and the Athena Center for Leadership Studies, both of Columbia University. NLV has just completed Phase 1 of a 5- year R&D project with the Oracle Global Educa9on IBU. 11/27/13 3

4 The Main Point The necessary linkage between higher ed and the sustainable growth of talent is a bigger mission than currently envisioned. Address requires an in- depth understanding of the state of workplace learning the changing landscape of educa9on the ability of technological innova9on to help partnerships higher ed, employers, entrepreneurs - - facilitate change on a societal- scale. Once fully understood, the solu9on is truly transforma9onal and leads to the crea9on of a new approach to talent management led by higher educa9on. 11/27/13 4

5 I am talking about the educa9on and training of highly competent ci9zens who can thrive in a 21st- century workforce. The upside of training these types of workers, by the way, will be huge. According to McKinsey, by 2030, the US GDP could increase by $1.7 trillion annually if we make the necessary improvements to our talent pipeline. Andrew Liveris, CEO, Dow Chemical OPPORTUNITIES 11/27/13 5

6 Gaps, Compe99on & Opportuni9es The Global Labor Force 75m unemployed youth Projected shortage of college- educated workers (38-40m) Projected (45m) shortage of workers with secondary educa9on/ quals 60% of global labor force located in Africa, Asia, India Accelerated, frequent careers, career moves, non- tradi9onal work, new skills and knowledge Mobile connec9vity will reach almost everywhere Opera9ons globalizing seamlessly across geographic and virtual borders Need for Demonstrable Talent 7k new large companies ($1b+) in the next decade 330 ci9es which have never hosted before will compete to host these companies, most will locate in emerging economies Ci#es, countries, and individuals need talent creden#als, robust talent management to ensure matching and re- matching 11/27/13 6

7 Workplace Learning Needs Leadership No consistent standardiza9on Managed globally via ex- pat talent now being disrupted in emerging economies Managed locally: healthcare, primary educa9on, service industry needs Culturally aware training is becoming important (women, leaders) Learning recogni0on is discre0onary and sta0onary - currency remains inside individual organiza0ons Does not serve entrepreneurial growth, contractual workers, re- assignment or re- engagement Current state cannot support shiking trends Highly dis- ruptable already displaced by great examples: IT cer9fica9ons, shared simula9ons, CPE credits + $300b Highly fragmented provider marketplace 11/27/

8 Call- to- Ac9on for Higher Educa9on Tradi0onal/Current Response: Enhanced recruitment of secondary school graduates (record high in US) Enhanced reten9on of college students (here is the problem) Brand- name workplace training experiences Alumni networking Global mobility (record high) IT IS NOT ENOUGH!!! Necessary Response: Comprehensive workplace training and talent development solu9on Strong linkages throughout the entry, assignment, re- assignment, re- engagement cycles Talent solu9ons for both employment and entrepreneurial growth Talent analy9cs and pipeline management 11/27/13 8

9 A Comprehensive Approach: A Shoelace Effect Higher ed must create more linkages to the workplace in a shoelace effect: Mobile, consistent currency of achievement Courses recognized outside of a single workplace, loca9on or industry Greater interac9on between faculty and SMEs earlier in planning cycle Ongoing training and cer9fica9on efforts Con9nuous learning models Bemer messaging to secondary educa9on in support of local growth industry needs Global specializa9on based on industry growth and talent trends Advancements in learning Digital creden9als at a granular and real- 9me level True dynamic partnership between higher ed, employers, entrepreneurs to create work, sustainable quality of life, asract business and investment Data analy0cs required 11/27/13 9

10 Higher Ed Leadership of Talent Access to talent readiness is key in determining economic shiks, large business loca9on, sustainable employment, entrepreneurial growth. It is no longer enough to say quality of life. It is now cri9cal to say that talent is a portolio of op0ons: asract, grow, retain, engage, re- engage, re- assign. The new manager of the talent portolio is higher ed This larger mission comes at a 9me when Individual voice is stronger fed by social media Flexible pathways Mix- n- match degrees Choice is limitless Technology is driving new op9ons Emerging economies are leveling the playing field Connec9vity creates the poten9al for universality LMS/HCM capacity does not meet individual or sector needs 11/27/

11 Every business execu9ve I have met with over the past three years has expressed the same challenges: finding qualified talent, retaining them and finally, maximizing their poten9al for the companies' and their own benefits. The talent gap is not an empty theore9cal construct created by economists. It is real and tangible, and it is nega9vely affec9ng business. Bob Moritz, Senior Partner, PWC INNOVATION 11/27/

12 Talent Infrastructure Talent infrastructure, Smart Learning Exchanges, create data- driven, content- hos0ng, interac0ve, real- 0me, secure cloud bridges between Government Students and Higher Ed Higher Ed and Employers Governments and New Businesses Entrepreneurs and Supports Higher Ed and Higher Ed Government and Higher Ed Schools and Higher Ed Umbrella aggrega0on of app, LMS/ CMS capability, data: structured, semi, unstructured data. Employers Schools Higher Ed Students Entrepreneurs 11/27/

13 Smart Learning Exchanges Choice Universality Insight Choice Universality Insight Choice Universality - Insight Universal lifelong access Universal choice and mix- and- match op9ons to create playlists Personal learning - - robust, precise recommenda0ons engine Rewards plans and incen0ves Advanced hos0ng complemen9ng current LMS/CMS Universal recogni0on/ Lifelong Granular Digital Creden0als Digital Footprint, Dashboard, Predic0ve Analy0cs Engage whole popula9ons, all segments Allowing learner/faculty/stakeholders to engage through browse, SHOP, seek 5 levels of data - - driven by user preferences, use pamern, legacy systemic data, learning style/level Drive new behaviors library, mentor, reten9on Simula9ons, gamifica9on, hybrid op9ons Badges, cer9ficates, courses, degrees, skills, experiences, languages, mix- n- match degrees Product/service effec0veness & improvement Learner guidance Teacher/Faculty/Trainer Insight Sector/system improvement Talent Insight 11/27/

14 Learners, faculty and stakeholders toggle between an engaging, digital marketplace and a data- driven personal learning environment. Actual OLX digital marketplace screen shot This fully mobile, device agnos9c personal exchange offers: CustomizaCon to personal learning needs, interests and progress Robust recommendacons engine GamificaCon/simulaCon Rewards plans (points/badges) Content driven course compilacon CredenCal mix and match Social media integracon Varied e- commerce schemes Digital assets come from open source, libraries, virtual course providers, publishers, media providers, faculty. 11/25/

15 Expanded ROI Model Higher Ed Shiking of workplace training budgets to higher educa9on New, long- term revenue stream Defined curriculum niches and areas of specializa9on in concert with regional talent needs Distribu9on channel for online content Greater readiness and alignment of pipeline to higher ed stronger admission, reten9on, engagement, less remedia9on Bemer support of incubators and entrepreneurial growth Amrac9on/reten9on of businesses, foreign investment Easier transi9on to competency based educa9on! Hos9ng of digital creden9als/degree op9ons currency Strategic innova9on Longevity and heightened role in economic planning. 11/27/

16 Talent Ci9es : A New Dialogue Predic9ve analy9cs allow efficient iden9fica9on and management of gaps; crea9on of global specializa9ons. Con9nuous pipeline of data allows resolu9on of problems earlier, e.g. lowering of US reten9on numbers through early college, in the educa9on spectrum. Systemic messaging and alignment throughout the system; basis for new dialogues and joint program crea9on. Data visual dashboard allows representa9on of regional talent to amract business and plan learning partnerships with employers and entrepreneurs. 11/27/

17 As fewer jobs require a physical presence, talented individuals will have more op9ons open to them. Skilled young adults in Uruguay will find themselves compe9ng for certain types of jobs against their counterparts in Orange Country. Eric Schmidt & Jared Cohen, The New Digital Age 2014 PLANS 11/27/

18 Ini9al Implementa9ons Loca0on Milwaukee Re- drawing Universal K12 Connect to all city services Connect to community colleges, local 4- year (private/public) Business community Trinidad mid- west US UK Middle East University mission to ensure universal ter9ary, secondary, ter9ary universality Use pipeline to iden9fy and resolve ter9ary inhibitors at secondary level Enhance LMS Introduce innova9on Support incubators Talent dashboards to amract investment and support incubators State- wide higher ed to prek, primary, secondary Linking K12 Country wide Smart Learning Exchanges allow the expanding and re- drawing of educacon borders 11/27/

19 Talent Ci9es Rankings & Events Introduc9on of Talent Ci0es Rankings a lis9ng of criteria that create a Talent City Series of global events planned around the Talent Ci9es concept Look forward to seeing all of you there! 11/27/

20 New Learning Ventures 11/27/