I recently served on a panel at a meeting organized by the California Higher Education Innovation Council to look at “Alternative Credentials and Unbundling the Degree: Meeting Employer Needs or Short-Circuiting Proven Approaches?” Our panel was challenged beforehand by its moderator, Ryan Craig, to imagine how conditions had to change over the next decade in […]
In 1966, William Baumol and William Bowen looked at the origins of rising salaries for live performances (music, theater, dance), and noted that an underlying issue was that such performances could not easily be made more efficient – productivity could not be increased (Baumol and Bowen, Wikopedia). The oft-quoted ( and quite convincing) formulation of […]
There are over 4,000 colleges and universities in the United States, but Harvard Business School professor Clayton Christensen says that half are bound for bankruptcy in the next few decades. Christensen is known for coining the theory of disruptive innovation in his 1997 book, “The Innovator’s Dilemma.” Since then, he has applied his theory of […]
