role of a teacher in the internet economy
TRANSCRIPT
The role of a Teacher in the Internet Economy
Pavan Soni
www.pavansoni.com
@Pavan_Soni
in.linkedin.com/in/pavansoni
India ranks 48/60 on Talent Ranking!
Source: IMB World Talent Report
29th (2005) 26th (2007) 34th (2010) 29th (2011) 48th (2014)
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The top 10 over the years
Source: IMB World Talent Report
Ranking on parameters (60) Brazil Russia India China
Overall 52 53 48 43
Investment and Development 35 42 60 45
Appeal 41 58 29 40
Readiness 59 40 27 50
Source: McKinsey Global Institute
Quality of talent remains an issue
India- Economically emerging
11/26/20145
Top problem areas: Inadequate supply of infrastructureCorruption Inefficient government bureaucracyPolicy instability InflationAccess to financingTax regulationsRestrictive labor regulations Inadequately educated workforce
Source: Global Competitiveness Index, World Economic Forum
India’s ranking on key economic indicators
6
Parameters/ Year 2006-07 2007-
08
2008-
09
2009-
10
2010-
11
2011-
12
2012-
13
2013-
14
No. of countries studied 125 131 134 133 139 142 144 148
India’s GCI Ranking 42 48 50 49 51 56 59 60
Institution 37 48 53 54 58 69 70 72
Infrastructure 62 67 72 76 86 89 84 85
Macroeconomic environment 86 108 109 96 73 105 99 110
Health and primary education 92 101 100 101 104 101 101 102
Higher education and training 47 55 63 66 85 87 86 91
Goods market efficiency 36 36 47 48 71 70 75 85
Labor market efficiency 96 96 89 83 92 81 82 99
Financial market development 38 37 34 16 17 21 21 19
Technological readiness 57 62 69 83 86 93 96 98
Market size 3 3 5 4 4 3 3 3
Business sophistication 24 26 27 27 44 43 40 42
Innovation 26 28 32 30 39 38 41 41
Source: Global Competitiveness Index, World Economic Forum
Models of economic growth
7 Source: Global Entrepreneurship Monitor
Early stage entrepreneurial activities
8 Source: Global Entrepreneurship Monitor
India- VC/ PE Attractiveness
11/26/20149
RankingFrance- 19China- 24India- 29
Source: IESE Business School
Bangalore has strong startup ecosystem
11/26/201410 Source: The Startup Ecosystem Report 2012
Bangalore ranked high on Mindset Index and Support Index
Country cultures
11/26/201411
77
4856
40
51
26
Power distance Individualism Masculinity Uncertaintyavoidance
Pragmatism Indulgence
India
India
Source: Gert Hofstede
Source: Gert Hofstede
Country cultures- In contrast
11/26/201412
77
4856
40
51
26
80
20
66
30
87
24
40
91
62
46
26
68
35
67 66 65
83
40
Power distance Individualism Masculinity Uncertaintyavoidance
Pragmatism Indulgence
India China USA Germany
Source: Gert Hofstede
Source: Gert Hofstede
Are Massive Open Online Courses (MOOCs) for real?
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Best suited for
Continuing education courses
Non-degree programsTechnical trainingsElective coursesRemedial classes Biggest values
Keeping up with developments in education
Raising visibility of the school
Improving the quality of residential teaching
Biggest drawbacks
Lack of consistent review and grading systems
High cost and development and implementation
High time commitments
Source: Extreme Networks
Dropout rates ~ 85%- 90%
Adoption of MOOCs (1/3)
14 Source: Wall Street Journal
Adoption of MOOCs (2/3)
15 Source: Wall Street Journal
Adoption of MOOCs (3/3)
16 Source: Wall Street Journal
Role of teachers in era of Internet and MOOCs
• Maintain relevance
– Read selectively
– Write a blog
– Post your presentations in public domain
– Take up consulting assignments, even on a pro bono basis
• Help sift through the volume of information
– Blended your learning
– Teach concepts
– Show relevant cases/ videos
– Industry insights assignments, e.g. Case Writing
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Live Curious! Teachers and then Students
• Questioning
• Observing
• Experiment
• Networking
• Associating
18 Source: Innovator’s DNA, IDEO
Hone multiple affiliations
Engaging the class
• Co-creating the course– Mind mapping
– Freewheeling discussion
• Maintain balance– 30% - Concept and Context
– 50% - Case Studies/ TED Talks/ Videos
– 20% - Presentations and Debates
• Non-commonsense– Tools / Frameworks/ Techniques
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Collective mind mapping
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Source: FreeMind
Conceptual frameworkBusiness Models
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Key Partners Key Activities Value Proposition
Customer Relation
Customer Segments
Key Resources Channels
Cost Structure Revenue Streams
Business Models for Apple iPod
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Key Partners Record
companies OEMs
Key Activities Hardware
designMarketing
Value Proposition Seamless
music experience
Customer Relation
Lovemark Switching
cost
Customer Segments
Mass market
Key Resources People Apple brand iPod hardware iTunes software Content and
agreement
Channels Retail stores Apple stores iTune stores Apple.com
Cost Structure PeopleManufacturing Marketing and sales
Revenue Streams iTunes stores Large hardware revenue Some music revenue
Business Models in Indian context
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Managing a case study
• Build your own cases
• Allow for multiple interpretations
• Summarize the case before the class starts
• Keep the end in mind
• Make students take stances
• Drive home the concept, and context
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Behaviors that lead
• Puzzle at start
• Conduit before content
• Content before delivery
• Sincerity not seriousness
• Professional courtesy
• It’s okay to not know
• Be nice
• Student is King
• Better to learn 100% of 20%, than 20% of 100%
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