Here’s one way institutions can handle edtech integration

ecampusnews | August 06, 2019

The Next-Generation Integration Scorecard (NGIS), a free and openly-licensed tool from DXtera Institute, will give colleges and universities new ways to assess the marketplace of available education technology solutions that serve their needs, benchmarking them based on the ease of integration. “As colleges and universities undertake the daunting task of selecting and implementing next-generation technologies, we know that a general lack of functional, real-time interoperation is one of the most consistent pain points they experience,” says Jeff Merriman, DXtera’s co-founder and chief technology officer. “This work is about giving institutions a common language for specifying and evaluating the integration capacity of software solutions, which will ultimately lead to a more effective application of technology for student and institutional success.”The edtech integration tool draws on insights from across DXtera’s projects and its membership of more than 47 institutions and organizations to compare higher education technology solutions based on ease of integration. The NGIS is designed to provide colleges and universities with practical insights into whether potential technology solutions support the level of functional integration required to work together in a next-generation enterprise ecosystem.

Spotlight

This U.S. Department of Education white paper lays out a case for expanding the role of teachers and unions working with administrators and school boards as true partners in improving public education. In this model, all stakeholders ultimately choose to sit on the same side of the education reform table, working toward the same goal of improving outcomes for students, rather than meeting across the table as adversaries working from opposing positions.

Spotlight

This U.S. Department of Education white paper lays out a case for expanding the role of teachers and unions working with administrators and school boards as true partners in improving public education. In this model, all stakeholders ultimately choose to sit on the same side of the education reform table, working toward the same goal of improving outcomes for students, rather than meeting across the table as adversaries working from opposing positions.

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ONLINE EDUCATION

One League Connects the World's Gifted Changemakers to World-Class Education and Opportunity

One League | September 05, 2022

One League, a new global education institution connecting the world's promising changemakers to best-in-class education and opportunity, today announced its launch.One League offers an Ivy League quality graduate-level education, via globally accessible live, synchronous online classes, with curriculum curated and licensed from Harvard, MIT, and Stanford, in collaboration with Harvard Business Publishing, MIT Institute for Data, Systems, and Society (IDSS), and Stanford Online. The organization offers a two-year Master of Business Administration (MBA), along with a MicroMasters® in Statistics and Data Science from MITx, and a Certificate of Achievement in Innovation & Entrepreneurship from Stanford Online. One League fellows are championed by the organization's extensive coalition of industry executives and leaders and receive guidance, support, and access to opportunities to seek venture funding to propel world-changing ideas. One League's inaugural class of 60 fellows has received a 100% tuition-free scholarship covering all expenses of the program, as well as a monthly technology access stipend. The fellows represent over 30 countries including Afghanistan, Ghana, Iraq, Kenya, Kyrgyzstan, Lebanon, Pakistan, Uganda, and the United States. The cohort includes a Forbes 30 Under 30 Awardee, a Presidential Award Winner, a Human Rights Fellow, a Global Prize Winner to Combat Energy Poverty, and a Top 100 Women in Technology Awardee. Fellows are working on audacious projects such as realizing energy equity across Africa, creating agents of change in Southeast Asia, and building technology incubators in the Middle East. The class includes survivors of war, first generation college graduates, refugees, ethnic and cultural minorities, and sole breadwinners for their families living under the poverty line. One League is founded by Umaimah Mendhro, an accomplished Silicon Valley entrepreneur and Harvard Business School alum. Mendhro grew up in rural Pakistan and lived in exile in Saudi Arabia, with limited access to formal education for much of her life. Mendhro went on to attend two Ivy League institutions, Cornell University and Harvard Business School, where she was amongst the top 5% in her graduating class. She applied her education to build a multi-million-dollar e-commerce brand, VIDA. One League fulfills Mendhro's lifelong mission to empower changemakers and unlock human potential around the world. "Our mission is to democratize access to privilege and opportunity. One League's Inaugural Class has the ambition, grit, and potential to become future leaders in their countries, build economic engines in their regions, and ultimately help raise nations out of poverty, if only given a seat at the table.Our inaugural class represents the millions of gifted individuals who acutely experience the vast global challenges our world faces today. They each have the empathy and capability to build the critical solutions our world demands, given the opportunity." Umaimah Mendhro, Founder and President of One League All One League classes are conducted in real time via online sessions. Fellows join from their respective countries to learn from award-winning faculty. The MBA program is led by a set of distinguished One League faculty, who have taught at top-tier institutions, authored award-winning books and published articles, and are dedicated to the rigor of One League's world-class learning opportunities. Distinguished One League faculty that will teach the Harvard Business School curriculum using the HBS case study method, includes Dr. Rob Austin, Dr. June Cotte, Dr. Noel Maurer, Dr. Partha Mohanram, Dr. Gautam Mukunda, and Dr. J. Peter Scoblic. "Harvard Business Publishing is pleased to support One League in their mission of democratizing access to world-class management education. The delivery of the core curriculum through the case method pioneered at Harvard Business School is evident of One League's commitment to rigor and high-quality learning experiences that should be accessible to all qualified students, regardless of their means," said Ellen Desmarais, Senior Vice President of Higher Education at Harvard Business Publishing. "We're thrilled One League joined the MIT IDSS Alliance to expand our joint mission to provide top-notch online learning with hands-on group interaction. We strongly share One League's commitment to providing high-quality education regardless of financial circumstances," said Professor Devavrat Shah, Faculty Director, MITx MicroMasters® program in Statistics and Data Science. "Our collaboration with One League and other institutions opens the door for more students, regardless of means, to develop an innovation and entrepreneurial mindset, learning from leading faculty at Stanford and from industry experts to solve real-world challenges and create lasting positive impact," said Carissa Little, Associate Dean, Global and Online Education, at the Stanford School of Engineering, and Executive Director of the Stanford Center for Professional Development, which manages Stanford Online. One League is providing access to the knowledge, networking and opportunity that are hallmarks of top-tier educational institutions. One League has created a Global Mentorship Board that connects each fellow with an accomplished industry leader for the duration of their two-year program, as well as for two years after graduation. Mentorship Board members are alumni of Harvard, Stanford, and MIT and include over 50 industry leaders and executives from business, technology, finance, healthcare, education, social impact, strategy consulting, and venture backgrounds. They include Bobby Barnes, John Coleman, Dalia Rahman, Ajay Sudan, Aduke Thelwell, and Board Chair Esther (Hsu) Wang. One League is a Public Benefit Corporation, is funded by a $1 million restricted grant Mendhro directed from her e-commerce company VIDA, which was initially backed by Google Ventures, Y Combinator, and other investors About One League: One League is a new global education institution that is connecting the world's gifted, underserved changemakers to world-class education and opportunity, irrespective of financial means. The organization collaborates with highly select top-ranking universities to offer life-changing education, via live synchronous sessions, led by world-renowned faculty members. Each One League fellow is championed by the organization's extensive coalition of industry executives and leaders, and receives access to competitive opportunities for recruitment and to seek venture funding to propel world-changing ideas.

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EDUCATION TECHNOLOGY

MoneyLion and Zogo Team Up to Provide an Unparalleled Financial Education Experience

MONEY LION | August 16, 2022

MoneyLion Inc., the go-to destination for personalized financial content, products and advice, and Zogo, a Gen Z-powered financial literacy company, announced their collaboration today that will provide enhanced financial education to over three million MoneyLion users. The partnership offers an essential blend of holistic and technological innovation that for many years has been left out of the banking and education industries. This is Zogo's largest integration with a Fintech platform since its conception in 2018. The two digital-first companies are teaming up to create crucial content and a seamless experience for users via a co-branded design effort of modules. MoneyLion customers can now easily access Zogo's bite-sized education modules within the MoneyLion app's "Today Feed" content. The Today Feed is a key element on MoneyLion that brings together the power of community, data, knowledge and expertise to help educate and empower customers to find the best products and offers for them. Consumers will be able to make more informed, responsible financial decisions based on the education they receive every day. Skills users can learn from Zogo include, but not limited to: investing, saving, budgeting, credit scores, applying for loans, entrepreneurship, etc. With the implementation of Zogo, MoneyLion is changing the conversation around money, making it a positive one and reaching customers where they are by providing an essential and engaging educational experience. "At MoneyLion, we think about our customers each day and want to provide them with the tools and know-how to become money savvy in a way that's approachable and fun, "Together with Zogo and through MoneyLion's data science and machine learning capabilities, each customer will receive a unique lineup of content and information, and the tools necessary to help them achieve their money goals, and at the same time, have the confidence to improve their financial health with a hyper-personalized in-app feed." - Tim Hong, Chief Product Officer at MoneyLion Partnering with a premiere [neobank] such as MoneyLion is a pivotal step toward Zogo's goal to bolster investor education for consumers' prosperous financial futures, This is one of our biggest leaps in the Fintech space, driving us closer to our overall mission of reinventing financial education than ever before, said Bolun Li, CEO at Zogo. Shyam Pradheep, Zogo's Head of Operations adds, It's been unbelievable to watch and be a part of Zogo's growth journey from our roots in dorm rooms and dining halls to now joining forces with a Fintech giant like MoneyLion. Our partnership unlocks opportunities for financial education and success for users across the country, and we can't wait to reach new heights together. About Zogo Created in 2018 in a dorm room at Duke University by three college students, Zogo has since flourished into an industry leader in financial education. Its award-winning suite of products offer bite-size modules and tangible incentives to make financial literacy education accessible, fun, and rewarding. Zogo partners with 200+ financial institutions in all 50 U.S. states to help them educate, engage, and empower the next generation of financial decision-makers. Zogo's engaging app has garnered nearly one million users and won numerous industry accolades, including "Best of Show" at Finovate Fall 2019 and the NACUSO 2019 Next Big Idea Competition. Bolun Li, Founder & CEO of Zogo, was named one of Forbes 30 Under 30 in 2021. Li recently appeared on NBC News Now and FOX 7 Austin to discuss the criticalness of financial literacy. Li's work has also been featured in Forbes, INSIDER, The Financial Brand, EdTech Digest, The Learning Counsel, and more. About MoneyLion MoneyLion is a leading digital financial services and lifestyle content platform. MoneyLion's mission is to rewire the financial system to positively change the path of every hard-working American. MoneyLion uses its proprietary data advantage and technology to empower its customers. MoneyLion engages and educates its customers with daily, hyper-personalized money-related and money-adjacent content that is delivered through each customer's own content feed. MoneyLion provides its customers a full suite of financial and non-financial solutions, bundling its proprietary, low-cost financial products with products that are offered through its marketplace technology and network affiliate partners. MoneyLion also leverages its distinct data, technology, and network advantages to deliver leading embedded finance and marketplace solutions for enterprise customers. Since its founding in 2013, MoneyLion has empowered millions of Americans to take control of their finances and live their best financial life, every day.

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CORPORATE LEARNING SYSTEMS

BBVA Collaborates with Cornerstone to Implement Innovative Learning Strategies for Employees

Cornerstone OnDemand | September 08, 2022

Cornerstone OnDemand, Inc., a global leader in adaptive HR solutions, announced today that BBVA, a leading financial institution, is leveraging Cornerstone’s tools to develop and enhance its employee growth strategies and manage various talent areas, including recruitment, assessment, learning and mobility. More than a decade ago, BBVA began a digital transformation process that has accelerated in recent years as a result of the pandemic. The new jobs and competencies needed to ensure a successful business transformation represent a significant challenge, requiring an agile response from a talent development perspective. BBVA understood that one of the keys to adaptation was to accelerate and modernize its learning strategy for its workforce. This led the organization to create several innovative talent projects, each with the goal of giving its employees the most accessible and personalized learning and development tools. "Employees are the backbone of every great company," says José María Monge, BBVA's global Head of Talent Solutions and Head of Talent and Culture South America. “Therefore, investing in their learning and development has become a priority. Cornerstone has allowed us to create an ecosystem of interconnected tools that help us find, retain and train the best talent in our organization in a more agile way, as well as adapt to our current needs." Some of BBVA's most successful projects to date include: B-token Model This initiative uses gamification to make the online learning platform experience more rewarding, interactive and entertaining. Increased learning platform activity as a result of this innovative approach, while encouraging employees to continue to participate in training and development activities. Managed through Cornerstone's e-commerce solution, each course has an associated number of B-tokens, which are awarded to employees upon completion of the training. The more they increase their B-tokens balance, the more access they receive to additional advanced training, including a master's degree. Understanding that a company's know-how often resides with individuals, employees can also earn B-tokens by teaching specific skills to their own colleagues. The B-token model encourages more experienced employees to share their knowledge with other colleagues promoting knowledge sharing and boosting expertise at a Group-wide level. "B-token have enabled our employees to access any training content of interest to them, whether online, virtual or face-to-face. In addition, it has great advantages for the bank as it allows us to promote those actions linked to our strategy, incentivising learning and creating a culture of growth and development," says José María Monge. “The Camp" Project The Camp is an initiative created by BBVA and accessed through Cornerstone. It has been designed to accelerate the "reskilling and upskilling" of employees. After identifying 14 core capabilities, BBVA designed training journeys with three levels of specialization. To promote the completion of these journeys, it developed internal gamification through the creation of The Camp. The game consists of a camp where each training journey becomes an expedition and each employee is a hiker, a beginner mountaineer or an advanced mountaineer, depending on how they progress in their expedition. The Camp gamification is accessed through the Cornerstone platform, as both tools are connected. Performance feedback and assessment Evaluating ongoing performance of BBVA employees is a continuous process that culminates in an annual evaluation with a 360-degree view. It incorporates performance feedback from managers, peers, collaborators, as well as colleagues from other areas that the employee may have worked in. BBVA integrated Cornerstone’s evaluation solution with Google Cloud to maximize efficiency in data consolidation process and results analysis, also supporting calibration workflows and customized growth and development plans. “At Cornerstone, our greatest satisfaction comes when our clients take our solutions and create innovative strategies to nurture talent,BBVA has shown great initiative and creativity, adapting our tools to the specific learning and performance needs of its employees. We look forward to continuing to expand our partnership and helping BBVA grow," Marc Altimiras, AVP Cornerstone South About BBVA BBVA is a customer-centric global financial services group founded in 1857. The Group has a strong leadership position in the Spanish market, is the largest financial institution in Mexico and it has leading franchises in South America. It is also the leading shareholder in Turkey’s Garanti BBVA and has an important investment, transactional and capital markets banking business in the U.S. Its purpose is to bring the age of opportunities to everyone, based on our customers’ real needs: provide the best solutions, helping them make the best financial decisions, through an easy and convenient experience. The institution rests in solid values: Customer comes first, we think big and we are one team. Its responsible banking model aspires to achieve a more inclusive and sustainable society. About Cornerstone Cornerstone powers the future-ready workforce with adaptive HR solutions designed to unite technology, data and content and inspire a work environment of growth, agility and success for all. With an experimental, AI-powered, skills-based system designed for the contemporary workforce, we help organizations modernize their learning and development experience, deliver the content that matters most from anywhere, accelerate talent and career mobility, and establish skills as the universal language of growth and success across their enterprise. Cornerstone serves more than 7,000 clients and 90 million users and is available in 180 countries and 50 languages.

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