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Working adults and the financial opportunity for higher education

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One of the most memorable "aha moments" I had was during a conference sponsored by the Stevens Institute. It was held in New York City, and it was a gathering of continuing education leaders who focused on online programs for working adults. As part of the day's presentations, they video teleconferenced in an employee from Boeing in Seattle who was a student in one of Stevens' (in NYC) online programs. This employee made an interesting comment that has since been stuck in my head. He said, and I'm paraphrasing here, that "one of the things that I like most about this format is that I learn just like I work. At work, I'm routinely using email, collaborating from a distance with my fellow employees, attending teleconferences and web meetings. The program I'm enrolled in at Stevens is in the same format that I work in."


That comment was striking. It's a great summation of why well designed online programs delivered by universities can be uniquely valuable to working adults. However, it's been our experience that quality is driven equally by two variables. The first is the content, which is driven by the experts who developed it and the university brand behind it. The second is the packaging. The design of online programs is absolutely as important as the content. Putting great content in poorly designed packaging results in a poor program. Conversely, poor content in a well designed program may be efficient but not effective. The real trick is to combine great content, brand, and design into a single package.


The recent news from the University of California that tuitions are being raised by over 32 percent despite deep cost cuts in the recent past is alarming many. I believe that it's a symptom of the problem. In a New York Times article about this issue, part of the remedy, according to a spokesperson, is to implement an "online 11th U.C. campus" to bring other students from other states and countries to the institution.


Universities have a tremendous opportunity to tap untapped markets - working adults like the Boeing employee. However, it's easier said than done. There is a great deal of misunderstanding among university staffs and faculty on what it takes to create an effective, quality online program for working adults. The landscape is littered with past failures, mostly the result of poor design. The trick is to not think of technology as something that's going to make the traditional ways less expensive. Rather the challenge is to think of technology as an enabler of innovative, new ways of educating that ONLY a technology-driven approach can deliver. The convergence of the traditional educational contexts and new technology-enabled "packaging" is truly exciting.  It offers access to self-improvement for working adults while also providing much needed new financial opportunities for higher education institutions that can get it right the first time.

This article was written by John Panaccione.

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A new paradigm

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Small business certainly has its challenges in today's unprecedented economic times.  Uncertainty abounds.  You can't pick up a newspaper or listen to a news analyst predicting doom and gloom for the foreseeable future.   But as a leader of a small business that has survived the tumultuous first 5 years (we're working on our 7th year), I am more optimistic and excited about the days ahead than ever before.  Why?  Well, for starters, this nation and the capitalism that has contributed to its success has been driven by innovation.  Duress is a friend of innovation - it fuels it.  Under duress, people will try new things. They'll give new ways of reaching their goals a chance.  If the old way of doing things are just going to drive old results, then why do them?  When given a fraction of the resources but expected to achieve breakthrough results, taking  a careful look at other methods is now a more sound course of action than ever before.   Duress creates the environment for leaders to emerge and drive their organizations to success despite the challenges that they face.  These organizations will be the winners in these trying times. 

In our business, we offer new ways of achieving breakthrough results.  For years its been a tough sell.  To date, even though we've proven that some of the world's most established companies have adopted our technology and approach to solving big business problems works, many other people who have taken a look at what we have to offer simply didn't think it would work in their organizations.  However, it's different today.  

So, I'm excited about the times that lie ahead for us.  We live in a time in which the context of each day is "change".   Most people are naturally opposed to change, however change is in vogue these days politically and in the business world.  The context of change brings with it a new willingness to listen to new, proven approaches - deciding if the approach would work "here".  People are actually more receptive to listening to our approach than ever before.

This blog will be a record of experiences we are having with our customers and partners who are driving breakthrough results through the innovative use of new technology and processes.  It's also a recording of work and lessons learned we are involved with in partnership with new customers and partners.   It will not be an advertisement for what we do - see the rest of our web site for that.  Rather, it's a space in the virtual world where we will share our wisdom, and welcome yours.  What are you doing in your organization to innovatively drive results in trying times?  Share your stories along with ours!  Challenge anything written here, for it is the feedback from you that steers our strategy.  We welcome your views! - John

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