Eight Big Trends That Shaped Business Education In The Just-Ended Decade

Poets&Quants | January 08, 2020

For business educators, the past ten years have been a whirlwind. As interest in full-time MBA programs in the U.S. continues to decline, competition among the leading business schools is as fierce as ever. There’s been a headlong rush into long-distance learning, with hundreds of schools launching online MBA programs and executive education courses. To entice international applicants back into the U.S. market, schools have rushed to gain STEM-designation for their programs. And business analytics, experiential learning, and entrepreneurship have been among the hottest topics to inform business school curriculum.

Spotlight

As a training manager, do you wish to provide a holistic learning experience to your employees? If yes, you need to ensure training resources are available to your learners always, in their preferred formats.Adopting digital learning allows training managers to think of ways to personalize learning based on individual needs, rather than design a one-size-fits-all training program. With digital technology, it is possible to create individualized training programs that appeal to all. The time to adopt digital learning for training is now! Check our infographic to explore the different formats of digital learning content.

Spotlight

As a training manager, do you wish to provide a holistic learning experience to your employees? If yes, you need to ensure training resources are available to your learners always, in their preferred formats.Adopting digital learning allows training managers to think of ways to personalize learning based on individual needs, rather than design a one-size-fits-all training program. With digital technology, it is possible to create individualized training programs that appeal to all. The time to adopt digital learning for training is now! Check our infographic to explore the different formats of digital learning content.

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CORPORATE EDUCATION AND TRAINING

Six Flags Entertainment to Provide World-Class Employee Education Benefits Through Workforce Edge

Workforce Edge | October 10, 2022

This week, Workforce Edge, a complete employee education management platform within Strategic Education, Inc.’s family of educational services, announced a partnership with Six Flags Entertainment Corporation to provide all team members, including full-time, part-time, and seasonal employees, with access to a network of degree and certificate programs.These include tuition discounts at both Capella University and Strayer University, as well as no-cost access to Sophia Learning available to Capella or Strayer undergraduate students. Six Flags employees will be able to take advantage of the benefits offered to them as a result of the Workforce Edge partnership which began on October 3, 2022. “We’re excited to support a household name brand like Six Flags with their investment into continuing education opportunities for their team members,Through this partnership, Six Flags has secured a spot as a market leader in employee benefits, positioning it as an attractive employer in the amusement park entertainment space and helping ensure it maintains a skilled workforce.” Karl McDonnell, President and CEO, Strategic Education. We’re eager to roll out the Workforce Edge platform to all of our 35,000+ full-time, part-time, and seasonal employees so that they can have access to affordable, continuing education opportunities,” said Selim Bassoul, President & CEO at Six Flags Entertainment Corporation. “We’re proud to support our team members as they work to achieve their professional and personal success. Strategic Education supports more than 1,000 employer partners in their efforts to upskill and retain their workforce and provides a suite of groundbreaking education solutions to help employers stay one step ahead of their competition. Workforce Edge serves as a solution to help employers offer their workforce higher education options that are relevant, innovative and affordable. Since launching, Workforce Edge has partnered with 45 industry-leading employers to help administer education benefits. About Strategic Education, Inc. Strategic Education, Inc. is dedicated to helping advance economic mobility through higher education. We primarily serve working adult students globally through our core focus areas: 1) U.S. Higher Education, including Strayer University and Capella University, each institutionally accredited, and collectively offer flexible and affordable associate, bachelor’s, master’s, and doctoral programs including the Jack Welch Management Institute at Strayer University, and non-degree web and mobile application development courses through Strayer University’s Hackbright Academy and Devmountain; 2) Education Technology Services, developing and maintaining relationships with employers to build education benefits programs providing employees access to affordable and industry-relevant training, certificate, and degree programs, including through Workforce Edge, a full-service education benefits administration solution for employers, and Sophia Learning, enabling education benefits programs through low-cost online general education-level courses that are ACE-recommended for college credit; and 3) Australia/New Zealand, comprised of Torrens University, Think Education, and Media Design School that collectively offer certificate and degree programs in Australia and New Zealand. This portfolio of high quality, innovative, relevant, and affordable programs and institutions helps our students prepare for success in today’s workforce and find a path to bettering their lives. About Six Flags Entertainment Corporation Six Flags Entertainment Corporation is the world’s largest regional theme park company with 27 parks across the United States, Mexico and Canada. For 60 years, Six Flags has entertained hundreds of millions of guests with world-class coasters, themed rides, thrilling waterparks and unique attractions. Six Flags is committed to creating an inclusive environment that fully embraces the diversity of our team members and guests

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CORPORATE EDUCATION AND TRAINING

Coursera Launches Expanded Clips Offering with Nearly 200K Short Videos and Lessons to Accelerate Skills Development for Employees

Coursera | October 03, 2022

Coursera, Inc. today announced the expansion of Clips, which now provides employees access to nearly 200,000 short videos and lessons designed to help them begin learning high-demand skills in under 10 minutes. “Lack of career development is a key reason many employees leave an organization. Yet employees have less time to devote to learning than ever before, A growing number of employees are now looking to gain job-specific skills much faster through shorter, more targeted content. With this shift towards microlearning, Clips enables employees to learn specific skills with 5-10 min videos. It also provides clear pathways into courses for deeper skill development, while driving continuous learning to ensure employees have the right skills to accelerate company growth and innovation.” Leah Belsky, Chief Enterprise Officer at Coursera. “ The initial Clips on Coursera offering featured bite-sized videos focused on business, tech, data, leadership, and human skills. The expanded Clips offering now provides a more comprehensive library of content, including a higher volume of videos for skills that are becoming increasingly more important like leadership and management. Currently, 83 percent of businesses feel it is important to develop leaders at all levels. Yet less than 5 percent have actually implemented leadership training across every level within their organization. To help address this growing need, Coursera has increased the number of leadership and management-related Clips by 10x. As learners quickly gain skills through Clips, many then seek opportunities for deeper development. Thirty-six percent of learners that have viewed Clips to address their in-the-moment learning needs have gone on to enroll in at least one course1. The most viewed Clips to date include a range of data, cloud, and productivity-focused content such as: Welcome to Python, by University of Michigan [1 min] Fundamentals of Data Science, by IBM [2 min] The Business Case for Visionary Leadership, by University of Michigan [7 min] Why is Storytelling Important?, by Macquarie University [9 min] Key Cloud Service Providers and their Services, by IBM [6 min] What is SQL Anyway?, by University of California, Davis [7 min] Customize Google Calendar, by Google [4 min] Taking Charge of Excel, by Macquarie University [6 min] Global industry leaders and government organizations like Google, New York State Department of Labor, Alstom, and Bosch have adopted Clips to help accelerate skills development within their workforce. Google in particular has made Clips available to all employees worldwide, helping many learners obtain skills that will help them elevate their job performance and begin unlocking new advancement opportunities. With Clips, Coursera now offers fully scalable learning paths featuring everything from short videos and lessons to professional certificates, and degree programs. For my role, developing skills in programming, camera hardware, and design is crucial. Finding relevant courses to acquire these new skills, and gaining practical, hands-on experience has been a challenge,” said Doris Chen, hardware design engineer at Google. The Clips videos provide relevant content focused on everything from camera and imaging to optical system design. As I continue my training, I’m looking forward to enrolling in more advanced classes and potentially earning an additional degree online to help further my career.I have always been fascinated by the concept of skills development programs and self-paced learning, and the ways it can assist to level up your career,said Rajat Batra, software engineer at Google. “Clips takes this concept to the next level by adding short and focused job related videos. These videos act as a good starting point to develop a higher level of understanding for several concepts.Coursera for Business now enables over 3,500 companies across the globe to deploy world-class skills development content from top businesses and universities. The company’s skills platform gives organizations the ability to assess, measure, and benchmark skills in their workforce. Recent platform innovations including LevelSets are helping employees to quickly determine their proficiency in key skills and identify areas to focus on moving forward. In addition, SkillSets help employees develop specific skills for specific roles. These Skill Sets provide the foundation for Coursera’s Leadership and Data & Analytics Academies, which offer a packaged learning experience based on the depth of skill needed for specific roles across an organization. About Coursera Coursera (NYSE: COUR) was launched in 2012 by two Stanford Computer Science professors, Andrew Ng and Daphne Koller, with a mission to provide universal access to world-class learning. It is now one of the largest online learning platforms in the world, with 107 million registered learners as of June 30, 2022. Coursera partners with over 275 leading university and industry partners to offer a broad catalog of content and credentials, including Guided Projects, courses, Specializations, certificates, and bachelor’s and master’s degrees. Institutions around the world use Coursera to upskill and reskill their employees, citizens, and students in many high-demand fields, including data science, technology, and business.

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TALENT DEVELOPMENT

Nation's largest Hispanic Serving Institution FIU joins tech training initiative

Florida International University | October 12, 2022

Florida International University (FIU) has joined an initiative designed to help students access the skills and credentials necessary to succeed in high-demand technology careers. Through a partnership with the tech talent platform SkillStorm, FIU students can now participate in courses that lead to credentials from the country's leading tech companies, including AWS, Salesforce, CompTIA and Pega. "As one of Florida's largest institutions, we have a responsibility to prepare our students to navigate a rapidly evolving and increasingly digital labor market,Partnerships like this one, which will draw on SkillStorm's unique training model and deep relationships with major tech employers, are helping us realize that mission and fulfill our role as an engine of economic mobility throughout the state." Bridgette Cram, Interim Vice President, Innovative Education & Student Success at Florida International University. Though Hispanics make up nearly one-fifth of the U.S. workforce, they are just 7 percent of the tech workforce, according to recent research from the Aspen Institute and the Kapor Center. As the country's largest Hispanic Serving Institution (HSI) with more than 32,000 students who identify as Hispanic or Latino, FIU is uniquely positioned to help close this persistent gap by expanding access to the credentials that are most in-demand among technology employers today. FIU's partnership with SkillStorm includes the Accelerator Program . SkillStorm's Accelerator Program provides online, asynchronous and traditional training courses to help students gain certification in AWS, Salesforce, CompTIA and Pega. Our work is rooted in the belief that closing skill gaps and creating pathways to economic mobility are, in many ways, two sides of the same coin,said Joe Mitchell, COO at SkillStorm. Together with FIU, we're enabling more students to learn the skills that lead to success in today's world of work, and expanding access to economic opportunity for those who stand to gain the most from the promise of higher education. The certifications provided through these partnership tracks are designed for students and professionals at any stage of their educational or career journey. Many of FIU's certification courses will offer students the flexibility to attend when convenient, while providing access to one-on-one training from industry-certified instructors. About FIU Florida International University is a top public university that drives real talent and innovation in Miami and globally. Very high research (R1) activity and high social mobility come together at FIU to uplift and accelerate learner success in a global city by focusing in the areas of environment, health, innovation, and justice. Today, FIU has two campuses and multiple centers. FIU serves a diverse student body of more than 58,000 and 290,000 Panther alumni. U.S. News and World Report places dozens of FIU programs among the best in the nation, including international business at No. 2. Washington Monthly Magazine ranks FIU among the top 20 public universities contributing to the public good. About SkillStorm SkillStorm is bringing together Fortune 500 employers, universities, and government agencies to build tomorrow's highly skilled tech workforce. Through partnerships with platforms like Pega, Salesforce, AWS and ServiceNow, we help working learners and aspiring tech experts build in-demand skills and earn industry-recognized certifications to compete in an increasingly dynamic economy. Our work is rooted in the belief that closing skill gaps and boosting economic mobility are two sides of the same coin, and that new approaches to training can help to both expand the pool of skilled tech talent and create new pathways to opportunity.

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