How many unique credentials are offered in the US?

educationdive | September 25, 2019

In the U.S., more than 738,000 unique credentials are offered, according to a new report from Credential Engine, a nonprofit that tracks the marketplace. Its count includes traditional degrees as well as badges, certificates, boot camps and other short-term credential types. Credential Engine has doubled its count from 2018, when it estimated there were about 350,000 unique credentials. The larger number this year is primarily due to the researchers' inclusion of certificates and badges.
Postsecondary institutions account for about 370,000 unique credentials, while nonacademic organizations offer 315,000. MOOC providers and secondary schools account for the rest. The credential marketplace is vast and growing, yet not much is known about their impact on social mobility or whether they're effective in closing skills gaps. "What we still don't know is whether we have enough — or too many — credentials for a country of our size or if we have the right mix of programs to meet employer demand," former Florida Gov. Jeb Bush and former U.S. Education Secretary Arne Duncan wrote in the foreword of the report.

Spotlight

In a recent survey, 68% of schools ranked student success as a topthree goal for innovation, with just under half considering it their top goal.2 Innovation, defined as the implementation of new initiatives to drive growth, increase revenue, reduce cost, differentiate experience, or adjust the value proposition, is now dominating the thinking of educators as postsecondary institutions contend with changing student demographics, growing public concerns about the value of higher education, and misalignment between graduate skill sets and employer requirements.

Spotlight

In a recent survey, 68% of schools ranked student success as a topthree goal for innovation, with just under half considering it their top goal.2 Innovation, defined as the implementation of new initiatives to drive growth, increase revenue, reduce cost, differentiate experience, or adjust the value proposition, is now dominating the thinking of educators as postsecondary institutions contend with changing student demographics, growing public concerns about the value of higher education, and misalignment between graduate skill sets and employer requirements.

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ONLINE EDUCATION

Skilldora partners with D-ID, launches first e-Learning platform & app to use A.I. Instructors in the U.S.

D-ID | September 09, 2022

Skilldora, an Ed-Tech startup based in Fort Mill, S.C., known for its modernized app-based eLearning community, today announced a partnership with D-ID, using its Creative Reality™ technology to deliver courses exclusively by A.I. Instructors, also referred to as digitally created humans. With the global eLearning market on track to reach 1.72 trillion by 2026 according to Yahoo Finance, evolving Ed-Tech enhancements give the academic sector a boost in growth, and online-learning is now the largest and fastest growing method for modern learners. Skilldora’s mission is to use the power of A.I. to deliver a new world of eLearning and is pleased to be the first online-learning platform in the U.S. to be a front-runner in pioneering the use of all A.I. Instructors on its platform, as a nod to the future of eLearning. The recent growth in the eLearning market also comes with its usual growing pains of high course drop-out rates, and astronomical refund costs creating significant challenges for e-Learners, course creators and platform owners. Research shows much of this is due to antiquated outdated online-course platforms and an influx of new course creators producing courses at varying levels of skill, leading to inconsistent and unpredictable user experiences. Skilldora's new e-Learning platform & app, seeks to solve this problem using its A.I. Instructed Courses™ to deliver consistently structured, high quality courses, perfectly presented in under an hour. Set up as a free-to-download membership site, with an in-app, pay-per-course, a la carte model, Skilldora is designed to appeal to the modern learner, offering advanced engagement functionality, collaborative learning features such as its ‘learn with friends capabilities,’ allowing for real time sharing and invites, social learning groups, community news feeds, etc. “We believe the world of eLearning is rapidly changing and learners want more interactive learning experiences, consistency in content quality and compact courses they can take over a lunch break. And Skilldora is answering the call by offering A.I. Instructed Courses™ across a bevy of professional development categories, interactive Personal Discovery Assessments with instant A.I. Coach feedback, and a ‘done-for-you’ B2B solution, which produces eLearning products on demand. DeMario and Dawn Nicole McIlwain, Skilldora's Co-Founders. Skilldora's vision is to be the A.I. eLearning solution leader for modern learners, and future-forward companies, and now through its partnership with D-ID, is one step closer. Behind the vision of Skilldora, are Husband and Wife Co-founders, DeMario and Dawn Nicole McIlwain. DeMario McIlwain, the brainchild behind Skilldora’s innovative platform and sleek functionality, brings deep technical expertise in UI/UX design with proven experience running tech ventures, while Dawn Nicole, the heartbeat of Skilldora’s course products, brings design-thinking as a certified Agile coach and globally accredited training program creator. With this perfect marriage of skills and background, the powerful duo merges their expertise to make something magical in Skilldora. About Skilldora Skilldora is a modernized e-Learning company specializing in A.I. Instructed Courses™ by using digitally created humans to deliver course content. Skilldora’s products and services span from its A.I. Instructed Courses™, to Personal Discovery Assessments with interactive A.I. Coach feedback, and a ‘done-for-you’ Corporate Training solution which produces eLearning products on demand, and to spec. Through collaborative strategic partnerships, and its competitive advantage of being first to the U.S. market, Skilldora is on track to virtually disrupt the eLearning industry, improve the user experience, and offer corporations more diversification options in eLearning, with advanced features that drastically increase the speed to market. To find out more, visit myskilldora.com. About D-ID D-ID is a Creative Reality™ company specializing in patented video reenactment technology using AI and deep learning. D-ID's products range from animating still photos, to facilitating high-quality video productions, and creating viral user experiences. With funding from tier 1 VCs, D-ID aims to radically disrupt the time, hassle and costs involved in video production, allowing for the creation of highly personalized media using AI, specifically in e-learning, corporate training, marcoms, AI assistants, history and the Metaverse. With international customers, D-ID's core competencies in the human face and deep learning technology enable its partners to create exciting and engaging content that was until now unimaginable. To find out more, visit D-ID.com

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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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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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