“the perfect storm”

. . . the implications ahead for global higher education

The six converging forces of change

• Importance of Knowledge

• Globalization

• Increased Competition

• Internationalization

• The I.C.T. Revolution

• Financing

Importance of Knowledge

• Driver of economic development

• Appropriate regulations & frameworks

• Education and training systems

• Lifelong learning systems – different shapes & contexts

• State is more ‘the enabler’ – less ‘the controller’

• Incentives for private sector participation

• New kinds of learners

Impact of Globalization

• Global market for higher education and training – and emergence of global labor market

• Demand for internationally recognized qualifications

• National & Foreign providers – filling demand gap

• GATS – equal treatment of national & foreign providers – other issues not resolved

• Appropriate structures / frameworks can help preserve country-specific culture & education

Impact of Increasing Competition

• Natural result of globalization

• Emergence of new providers

• Borderless education models

• New structures – different culture – realities of global marketplace

Internationalization• Faculty exchange / Student exchange• Preparing students for a new global

world• New types of knowledge and skills

required• More adaptable global workforce • Local and international affiliations –

recognize needs of the other – discover points of commonality

and areas of difference – identify areas of compatibility – develop common curriculum strategies

The I.C.T. Revolution

• Use of ICT’s – still the beginning of the beginning

• Demand for employees with higher order skills – capable of attaining new skills constantly

• Technology changing pedagogy – opportunity to expand access

• Can supplement traditional modes of instruction

• Growing effectiveness in uses of ICT’s – will advance delivery models

• Governments fostering greater creativity in distribution models

Financing• Same as changes affecting global

markets • Fiscal constraints, funding uncertainty,

rising costs – HEI’s more innovative – need to make up funding shortfalls

• Financial burden shifting more to institution level – tuition fees or similar charges

• Exec Dvp Programs – other professional programs – prove lucrative

• HEI’s – stronger financing links with the private sector – and with corporate training sub-sector

Will the System . . . • Accommodate Lifelong Learning • Address system / processes for quality

improvement • Flexibility to accommodate new types of learners• Serve growing demand for skilled labor • Enable HEI’s to be more responsive to increased

competition from foreign institutions – resident and distance

• Provide regulatory framework to mobilize private sector investment and participation – financing and provision – incentivize private sector to train the workforce

• Accommodate transferability of students & ‘certified’ credits across higher education – state / national / international

 

Constructing Knowledge Societies: New Challenges for Tertiary Education

Lifelong Learning in the Global Knowledge Economy: Challenges for Developing Countries

http://www.worldbank.org/education

Korea and the Knowledge-based Economy: Making the Transition

China and the Knowledge Economy: Seizing The 21st Century

K4D Community http://www.K4DCommunity.org

Sources: World Bank Publications

….the perfect storm …