lumerit education - chief learning officers
TRANSCRIPT
Macro Trends Shaping Higher Education
An Opportunity for Chief Learning Officers
Rick Beyer, CEO Lumerit Education
Discussion Overview
● Major trends in higher education - impact and opportunity for CLO’s.
● The World Economic Forum and IBM CEO studies - top ten needs for the global workforce.
● Constructing the college degree and learning outcomes through the eye of the CLO.
● Addressing employee retention and development through a global digital classroom.
Rick Beyer, CEO Lumerit Education
Rick Beyer—Chief Executive Officer. Rick has a unique combination of experience in higher education and business. A former college president and board governance chair, successful technology CEO, and senior operating executive of a $1 billion public company, Rick has consistently been at the forefront of industry-leading initiatives and has a successful history of navigating organizations through change and growth.
Rick is currently a Senior Fellow and a former member of the board of directors at the Association of Governing Boards of Universities and Colleges (AGB), a national governance organization for higher education with more than 1,900 member institutions. He has served on the board of trustees at American University as well as his alma mater, Olivet College, including serving as board chair and now trustee emeritus. Rick has served as president, president emeritus at Wheeling Jesuit University and has also held senior executive positions at Trimble Navigation, Ltd. (NASDAQ: TRMB) and Qualcomm (NASDAQ:QCOM).
My Two Perspectives
As a Corporate Executive
● The need for “Go-To People”
● The need for “Organizational Maturity”
● The need for Future Leaders
As a College President
● The trend of students attending multiple institutions
● The change in degree construction components
● The change in policies and regulations regarding credits accepted from external sources
Education Trend #1
75% of students will attend two or more colleges prior to graduation
25% of students will attend only one institution
Education Trend #2
75% of learning content may originate from outside of the degree granting institution
25% of content must be generated by the degree granting institution - per accreditors
From my own lens…
Imagine the ability to curate and create content which aligns
the corporate talent development needs with the academic
policies of colleges and universities
One-Off Examples
Colleges that developed corporate relationships focused on costs or
programming
A college transcribing one or two training courses into college credits – 2.5% to 5% of
the degree structure
Scaling - The power of 10X to 100x
Imagine over 500 colleges with cost and programming focus
Imagine 30%-50% of the college degree components designed by the CLO
Skills and Expectations
Theoretical Skills – Abstract concepts
Applied Skills – Subject matter knowledge
Workforce Skills – Personal attributes
An opportunity for the CLO to impact all three areas within higher education
Expectation GapWhat External Constituents are Saying
Forbes on Education“No field operates more inefficiently than education.A new breed of disruptors is finally going to fix it.”
1,500 CEO’s on Education“#1 CEO challenge is hyper- complexity. Higher Ed is not equipping graduates with the right mindset or skills.”
McKinsey on Education“Students don’t believe traditional education drives job skills. Bottom line. Skills matter. Hard to get them.”
IBM CEO Higher Education StudySurvey of 1,500 global CEO’s
Top 10 Skills
In 2020
1. Complex Problem Solving2. Critical Thinking3. Creativity4. People Management5. Coordinating with Others6. Emotional Intelligence7. Judgement and Decision Making8. Service Orientation9. Negotiation
10. Cognitive Flexibility
In 2015
1. Complex Problem Solving2. Coordinating with Others3. People Management4. Critical Thinking5. Negotiation6. Quality Control7. Service Orientation8. Judgement and Decision Making9. Active Listening
10. Creativity
World Economic Forum
Degree Construction Influence
Big Majors
BusinessPsychology
Communications Applied Science
Liberal ArtsOrg. Leadership
EngineeringSTEM
NursingAllied Health
Sample Degree Components
General Education
Core Requirements
30%
Electives
33%
Academic Major
37%
Total of 40 classes – 120 creditsA typical degree plan structure
The CLO Opportunity in Degree Construction
General Education
Core Requirements
ElectivesThe CLO Opportunity to
Specify Learning Outcomes which align to corporate
needs 33% to 50%
A low of eight to a high of twenty courses Scaled Across
+500 Colleges
Academic Major
Total of 40 classes – 120 creditsA typical degree plan structure
CLO Impact on the College Degree
Shaping the degree components through the eyes of the CLO - What learning outcomes does your enterprise require?
● Theoretical Skills – Abstract concepts
● Applied Skills – Subject matter knowledge
● Workforce Skills – Personal attributes
Global Digital ClassroomOver 40,000 course options from more than 500 colleges & universities.
Central Registrar’s Office
Provides the tools and academic resources for employees to construct a forward course progression plan – to complete their degree
A road map for success
● Takes into consideration employee time, goals, budget, TAP policies, learning style, major and the target institution of choice
● May include corporate learning objectives as part of the degree plan construction
Construct a personalized degree plan...
Self-Paced Online
Professional Studies Course
Portfolio Assessment
Faculty Led Online
Classroom Based Onsite
Competency Based Exam
PERSONALIZED TO THE
STUDENT
Degree Manager™Proprietary, cloud-based software that gives students access to their degree plan from anywhere on any device.
Degree Plan from the Central Registrar’s Office
Digital Global Classroom
1.Employee meets with Lumerit Scholar Registrar’s Office
2.Formal course progression degree plan is created with a target institution of choice
3.Students take their courses through the Global Digital Classroom
4.Classes are assigned to the student’s target institution
5.Up to three years of credits are transferred to the institution
6.Students graduate from their chosen institution
I’m a Lumerit Scholar and will be graduating from...
More than 500 colleges and universities, including...
Arizona State UniversityArt Institute of PittsburghBall State UniversityBerklee College of MusicBiola UniversityCalifornia State UniversityCleveland State UniversityColorado School of MinesColorado State UniversityDelaware State UniversityEast Carolina UniversityEastern Michigan UniversityFlorida CollegeFlorida State UniversityGrand Valley State UniversityHarding UniversityHope CollegeHuntington College of HealthHuntington UniversityHouston Baptist UniversityIdaho State UniversityIndiana Wesleyan UniversityLiberty University
University of AlabamaUniversity of AlaskaUniversity of ArkansasUniversity of CaliforniaUniversity of ColoradoUniversity of MaineUniversity of MarylandUniversity of MissouriUniversity of MontanaUniversity of New EnglandUniversity of North CarolinaUniversity of North Dakota SEMUniversity of North FloridaUniversity of OklahomaUniversity of OregonUniversity of Rhode IslandUniversity of Southern CaliforniaUniversity of St. ThomasUniversity of TexasVirginia Tech
Michigan State UniversityMontana TechNorth Dakota State UniversityNorthern Illinois UniversityNorthwestern CollegeOhio State UniversityOklahoma Christian UniversityOld Dominion UniversityPennsylvania State UniversityPurdue UniversityRegent UniversitySavannah College of Art and DesignSeattle Pacific UniversitySimpson UniversitySoutheastern UniversitySouthern Polytechnic State UniversityState University of New YorkTexas A&M UniversityTexas Christian UniversityTexas Tech UniversityThomas Edison State UniversityTroy University
Unbiased College Selection
Lumerit receives no compensation from colleges or universities, which enables us to focus exclusively on the needs of students, from degree planning and
mapping to success coaching.
Bridging the Gap
Lumerit Education has helped more than 16,000 students from 23 countries with their college journey.
2016 Case Study
A major corporation with more than 100,000 employees
● Identified 87% of employees were spending more time and money, both out of pocket and tuition assistance programs, to complete their degree.
● Lumerit Scholar was implemented without changing a single corporate policy.
Global Digital Classroom = Major Cost Savings
Student Progress ReportSeptember, 2016
Lumerit Scholar*
Greater Convenience and Flexibility
Faster Degree Completion
Lower Cost
*Employees have rewarded the Lumerit Scholar, Central Registrar’s Office with a world class Net Promoter Score (NPS) of 80.
Summary
● The macro trends shaping higher education align incredibly
well with corporate learning needs.
● The CLO can play a significant role - aligning corporate development needs with employee degree completion.
● A Global Digital Classroom offers opportunities for corporate content contribution as well as significant employee satisfaction and engagement.
