The pathway to new-age education

Hindustantimes | March 06, 2019

The face of education needs an enormous reform to arrive at a point of distinction. With constant evolution demanding us to adapt at a relentless pace, education has become a direct reflection of the change that we predicted years ago. While the actual need of the hour is a coherent transformation in the learning ecosystem with a future- led approach, we still have to introduce a change that redirects our path from the traditional state of learning.With all the ease that the Internet brings in and the rate at which one sees the increase in the number of online courses is a testament to the acceptance of online learning over traditional methods. Let us now look at the essential ingredients that are prerequisite for a successful model. Traditional learning always takes place in the physical plane of existence, within the confines of the classroom. It lays its emphasis on a harmonious union between both theoretical and practical knowledge that is being imparted. In the case of higher education, the different approaches are divided into a fixed set of semesters, to reconcile with the entire length of the course itself. This has one obvious drawback, however - it tends to ignore a student’s skill set while emphasizing on things that a student may do well without knowing. A dilemma as such presents us with a choice - to either exist with the traditional model of learning or to bring a change for a streamlined focus on skills.

Spotlight

As in previous editions, Education Pays 2019: The Benefits of Higher Education for Individuals and Society documents differences in the earnings and employment patterns of U.S. adults with different levels of education. It also compares health-related behaviors, reliance on public assistance programs, civic participation, and indicators of the well-being of the next generation. In addition to reporting median earnings by education level, this year’s report presents data on variation in earnings by different characteristics such as gender, race/ethnicity, occupation, college major, and sector.

Spotlight

As in previous editions, Education Pays 2019: The Benefits of Higher Education for Individuals and Society documents differences in the earnings and employment patterns of U.S. adults with different levels of education. It also compares health-related behaviors, reliance on public assistance programs, civic participation, and indicators of the well-being of the next generation. In addition to reporting median earnings by education level, this year’s report presents data on variation in earnings by different characteristics such as gender, race/ethnicity, occupation, college major, and sector.

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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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EDUCATION TECHNOLOGY, ONLINE EDUCATION

Malaysia-Based Asia School of Business Deploys YuJa Enterprise Video Platform Campuswide

YuJa | September 19, 2022

Kuala Lumpur, Malaysia’s Asia School of Business has selected ed-tech leader YuJa Inc. to provide a video and media creation, storage, management and distribution solution campuswide. The Video Platform will help the institution, which was founded by MIT Sloan and Bank Negara Malaysia, meet its mission of developing transformative and principled leaders as a premier school of management in Asia.In addition to a video and content distribution management platform, the institution was seeking a solution that would work with its existing third-party classroom hardware and technology and that would enable automatic content ingestion. “YuJa pairs well with video content capture and management streaming media processors, which enables institutions to quickly and easily publish recordings for students, automate workflows, schedule recordings and live stream events,We’re excited to work with ASB to help create and deliver their unique ‘Action Learning’ curriculum to supplement experiential and hands-on learning.” Nathan Arora, Chief Business Officer at YuJa, Inc. The institution migrated from a competitor product to benefit from YuJa’s robust, easy-to-use and all-in-one platform with tools for lecture capture, in-video quizzing, captioning, live streaming, and more. ABOUT ASIA SCHOOL OF BUSINESS The Asia School of Business (ASB) is located in Kuala Lumpur, Malaysia. Established in 2015 by Bank Negara Malaysia in collaboration with MIT Sloan, ASB is committed to developing transformative and principled leaders who will create a positive impact in the emerging world and beyond. ABOUT YUJA, INC. YuJa is a leader in ed-tech solutions. Our platforms provide organizations of all sizes with the tools to educate, engage, inspire and collaborate. We serve learning enterprises within all sectors, including higher-ed, K-12, government, healthcare, non-profit and corporate.

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TALENT DEVELOPMENT

USC Law and Social Work Schools Partner to Provide an Educational Opportunity for Students to Focus on Social Justice Advocacy

USC Gould School of Law | September 12, 2022

The Law, Social Justice and Diversity certificate, offered in person at USC’s University Park Campus location in Los Angeles, is designed for those who seek to learn more about law and social justice. This certificate explores the legal framework and regulations around social work and social justice in the United States. The Social Work Administration certificate, offered as an online-only program, provides a working understanding of the laws and regulations that impact social work. This certificate is geared toward leadership-minded professionals in social work and social service agencies. “The interdisciplinary certificates across social work and law will add to students’ existing skills to increase their community impact and help shape social policy,” says Samuel Mistrano, JD, associate teaching professor at the USC Suzanne Dworak-Peck School of Social Work and faculty lead for both graduate certificate programs with USC Gould. “Students will understand how to drive positive change and address societal inequities using practical applications of their academic lessons.” Students in these specialized programs will gain fundamental knowledge of core concepts, essential laws, and emerging issues that shape current policy and professional practice. “The law has a tremendous impact on social work and social justice,Understanding the legal policies will help strengthen professionals’ advocacy for the individuals they serve.” Deborah Call, associate dean and chief programs officer for the USC Gould School of Law. The on-campus Law, Social Justice and Diversity certificate may be earned as a standalone certificate in as few as three semesters or concurrently with an On-Campus Master of Studies in Law (MSL) degree at USC Gould or with the Master of Social Work (MSW) degree at USC Suzanne Dworak-Peck School of Social Work. The online Social Work Administration certificate may also be earned as a standalone certificate in as few as three semesters or concurrently with the Online MSL degree or Online Master of Laws (LLM) degree programs at USC Gould, or with the Master of Social Work (MSW) degree at USC Suzanne Dworak-Peck School of Social Work. Students in both certificate programs will benefit from dedicated academic advising, professional development and career services support, and networking opportunities available from the University of Southern California. About the USC Gould School of Law The USC Gould School of Law is a private top 20 law school with a reputation for academic excellence and a world-class faculty. USC Gould is known for its diverse and collegial student body, its leadership in clinical education, and its supportive and global alumni network. Located in Los Angeles, one of the nation’s top legal markets and a hub for major law and entertainment firms, the Gould School offers a dynamic laboratory for legal training. For more information, visit gould.usc.edu. About the USC Suzanne Dworak-Peck School of Social Work The USC Suzanne Dworak-Peck School of Social Work is a leader in social work and nursing education and research. The school champions social justice for the well-being of individuals, families, and communities through innovative teaching of evidence-based practice and practice-based skills, pioneering transformative research, and cultivating leadership for social change. The school is a recognized leader in academic innovation, experiential learning, online education, and translational research

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