The education industry is undergoing a shift wherein fast emerging global trends are shaping local dialogues around learning outcomes, education delivery and consumption, content and its value. Many of the global trends are influenced by factors including technology, policies and international economic realities. Some of the global trends driving education are :
Personalization of learning that revolves around the trainer designing and delivering a learning experience suited to each individual learner’s preference. While small-scale personalization is possible in a traditional instructor-led classroom, delivering personalization at scale is also possible with technology.
Massification is the mass adoption of education by the suppression of its distinguishing features. It is more prevalent in developing economies where the opportunity to scale is large and where it implies building a lean operation to suit the local culture. Massification combined with personalization creates the possibilty of an infinitely scalable teaching-learning opportunity
Competence is the human resource terminology for the ability of the individual employee to make an economic contribution. Companies globally are now starting to distinguish between qualification and competence and are leveraging novel avenues to access a less qualified, yet highly competent workforce. What long-term implication this has on the temples of qualification - universities - is yet to be determined but change is inevitable
Internationalization is an institutional imperative, not just a desirable possibility and many institutions are moving to implement geographic expansion at scale. Internationalization of education institution is increasing the breadth of clientele served reshaping their intended outcomes and reforming their institutional ethos. Some examples are the Yale-NUS program, the INSEAD campus in Singapore, The Schulich School of Business in India and the NYU campus in Abu Dhabi.
Policy Stagnation in the face of these trends hampers local education delivery. In a knowledge-based global economy where relevant and personalized education is possible at scale, policy related barriers can get in the way of students benefiting from these trends. Policy here refers to national, local and employer HR policies.
This ongoing disruption in the world of education presents both global opportunities and local challenges. The challenge to learn “on-the-fly” and adapt to a wave of disruption is faster than what most educators are willing to accept. While there is a theoretical opportunity for developing nations to leapfrog the current “brick-and-mortar / instructor-led training” model to one that leverages technology to enable greater accessibility, all stakeholders including professors, students, parents, administrators and policy makers face a unique set of challenges and opportunities. Separating long-term trends that will "stick" from hype-driven products and services is a challenge being faced by investors keen to participate in this transformative stage of the sector's evolution. KIES 2014 – “Global Trends, Local Realities” aims to debate/discuss global trends in the context of local challenges.
This Symposium is a platform for building capacity, consensus and relationships between five critical stakeholders:
- Private Enterprises (i.e. Investors & Educational Enterprises)
- Policy Makers
- Impact Champions (i.e. Donors, Impact Funds & NGOs)
- Future business leaders (MBA students & alumni)