Why is Innovation Important for the Education Sector?
Let’s take a short quiz.
Here is a list of 5 organizations and the industries in which they are active.
- Fujitsu in IT and services
- ScotRail in transportation
- Mattel in toy manufacturing
- Novo Nordisk in healthcare
- Burberry in fashion
What do these organizations have in common?
That’s easy: all of them are providing new ways of co-creating value. Moreover, all of them have steadily reengineered their cultures, structures, processes and incentive schemes to maintain (and often reinvent) their competitive edge. Because, today, no profile is immune to changes in the competitive landscape.
What about higher education?
Which players are leading the change?
Research Gate, a social networking site for scientists and researchers, provides – not without turmoil
– data repositories and a virtual space in which organizations and individuals can collaborate and share. Udemy – a global marketplace for online teaching and learning, and Coursera and EdX – platforms that provide access to universal education, offer top-ranked courses on a variety of topics including Disruptive Innovation in Higher Education
. Degreed, a lifelong learning platform, awards skill certifications for any skill and any level, regardless of where users got them. And the list goes on.
While more variety in how education is packaged and consumed is encouraging, the above examples represent the exception rather than the norm.
Universities and colleges, it seems, still have a lot of challenges to overcome.