Megatrends In Education & Technology


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  • Good afternoon. I received this brochure in the mail recently – hold up card. It says: The stock market is dicey, but there is one investment with a guaranteed return… Open card: The ONLY investment with a guaranteed return is – What? EDUCATION. Education improves the Standard of Living. This is true for INDIVIDUALS as well as for NATIONS. The US Economy is the envy of the world. With only 5% of the world’s population, we produce 30% of the world’s goods & services (GDP). Our economy is an INFORMATION-BASED Economy – more than 80% of the jobs in the US are Information- & Services-based. Every nation in the world wants to create an INFORMATION-based economy. To do so they need INFORMATION WORKERS. And how do you create Information Workers? Through EDUCATION - by creating innovative IT educational programs and expanding IT program capacity. Which brings us to the NWCET. So today I’m going to talk about the Megatrends in Education & Technology, and how the NWCET is playing a critical world in IT education, faculty and workforce development. Have noticed that its rare to find any products that are “Made in America” today. There’s only a few things like software, films and music. My girlfriend is from Beijing. I always joke with her that almost everything in America is “Made in China,” including her. So let’s begin…
  • Megatrends In Education & Technology

    1. 1. Megatrends in Education & Technology 2004 - 2005 Neil Evans, @Work Jan-2004
    2. 2. The Global Economic Ladder <ul><li>Lowest Rungs – Textiles, Shoes & Low-tech Goods </li></ul><ul><li>Middle Rungs – Manufacturing </li></ul><ul><li>Highest Rungs – Electronics, Copyright Goods (music, software, movies) & Pharmaceuticals </li></ul>
    3. 3. The State of Nations in the Global Economy <ul><li>Every nation - climb the Economic Ladder </li></ul><ul><li>Three Climbing Essentials: </li></ul><ul><li>Education – Highly Educated Workforce </li></ul><ul><li>Innovation - Brainpower not Horsepower </li></ul><ul><li>Information – effective use of Information </li></ul>
    4. 4. #1 Essential – Highly Educated Workforce Note: Based on 1999 Income; Source: US Census, College Board
    5. 5. <ul><li>US & W. Europe per capita GDP (in US $) </li></ul>#2 Essential – Innovative Technologies Source: Monitoring the World Economy 1820-1990 and The World Economy in the 20 th Century – World Bank
    6. 6. #3 Essential – The New Economy is an Information & Services Economy Source: Newsweek, 01-Feb-99
    7. 7. <ul><li>New Economy in NW – Software, Aerospace, E-Commerce, Biotech, Trucks & Coffee </li></ul><ul><li>WA State – High unemployment & budget deficit </li></ul><ul><li>11 of Fortune 100 Company HQ </li></ul><ul><li>Located @BCC – One of “10 Best” Community Colleges in Nation </li></ul>A View from the NorthWest
    8. 8. The State of Education in 2003 <ul><li>WA State – $2.4B deficit, Ed budget cuts </li></ul><ul><li>US Community Colleges – higher demand & lower state funding. The “New Grad School” </li></ul><ul><li>Employer-funded Education - down </li></ul><ul><li>Student- & scholarship-funded Ed – up </li></ul><ul><li>11.5% increase in Tuition across all US CCs </li></ul>
    9. 9. #1 The Dilbert Megatrend Geek is Chic in Education
    10. 10. #2 Megatrend - Education – provides growth to the US Economy <ul><li>Part of Services Sector – 35% of Economy </li></ul><ul><li>Contribution to US GDP – $750B (7%) </li></ul><ul><li>Sector & Productivity growth – 5% annual for 1999-2003 </li></ul><ul><li>Gains – Distance Ed & E-learning Technologies </li></ul>
    11. 11. #3 Megatrend - US Community Colleges Low-cost, High-value Ed Providers <ul><li>Provide accessible & affordable education </li></ul><ul><li>Provide - best Educational “Value” </li></ul><ul><li>Match Education to Workplace needs </li></ul><ul><li>Over 14M students enrolled </li></ul>
    12. 12. #4 Megatrend - Growth of Standards-based Education 2003 Edition – Jointly with CompTIA & NSSB <ul><li>IT Programs based on Skill Standards </li></ul><ul><li>8 IT Career Clusters Taxonomy </li></ul><ul><li>Adopted by ITAA Annual National Survey </li></ul><ul><li>Partner with EDU Publishers Standards-based Courseware </li></ul>
    13. 13. #5 Megatrend- Shift in US Demographics Gen-X & Gen-N Generations Rule <ul><li>Retirement of 76M Baby-Boomers </li></ul><ul><li>Higher Ed – 50% Faculty over 50 </li></ul><ul><li>Ascension of 41M Gen-X </li></ul><ul><li>Rise of the 72M Net-Generation </li></ul><ul><li>Growth in “Nontraditional” Students </li></ul>Source: American Demographics, Chronicle HE
    14. 14. # 6 Megatrend – Shift in Student Demographics 75% of Students are Nontraditional <ul><li>Delayed enrollment after High School </li></ul><ul><li>Work full- or part-time & Student part-time </li></ul><ul><li>Financially independent (Financial Aid) </li></ul><ul><li>Have dependents or single parents </li></ul>
    15. 15. # 7 Megatrend – Shift in Student Educational Goals 4 Student Segments & Ed Needs <ul><li>Emerging Workforce – Full-service Education </li></ul><ul><li>Displaced Workforce – Reskilled ASAP </li></ul><ul><li>Incumbent Workforce - Upskilled </li></ul><ul><li>Re-Careering Workforce – Reskilled Slow </li></ul>
    16. 16. #8 Megatrend – Globalization of US Education <ul><li>Export of US education - with culture, commerce & business practices </li></ul><ul><li>Education - fastest growing US export </li></ul><ul><li>IT education - fastest growing segment </li></ul><ul><li>Growth of Int’l students in US distance Ed </li></ul>Source: Wall St. Journal, 09-Dec-02
    17. 17. #9 Megatrend – Shift in Education Industry <ul><li>Growth of Web-based Distance Education </li></ul><ul><li>Shift from local monopoly to Web competition </li></ul><ul><li>Shift from Labor intensive to Capital intensive </li></ul><ul><li>Shift in Funding streams from state-support </li></ul>Source: “Education Wars: The Battle over Information Age Technology” by James H Snider, 1996.
    18. 18. #10 Megatrend – Webification All Human Knowledge goes Digital & Global <ul><li>Internet Data surpasses Voice traffic </li></ul><ul><li>Spam surpasses “good” email (2003) </li></ul><ul><li>Internet - subsume ALL Networks and Media </li></ul><ul><li>Combined Impact of Telegraph & Railroad </li></ul>Source: The Economist, May 1999
    19. 19. #11 Megatrend – IT Degrees & Certifications Converge <ul><li>IT Certifications - portable & marketable </li></ul><ul><li>“Demand Pull” by Employers </li></ul><ul><li>“Supply Push” by Providers & IT Pros </li></ul><ul><li>Current Trend: Employers - “Credentials Portfolio” </li></ul>
    20. 20. #12 Megatrend – Cyber-Security & Workforce <ul><li>IT Network part of US “Critical Infrastructure” </li></ul><ul><li>Cybersecurity part of Homeland Defense </li></ul><ul><li>Solution – Policies & Procedures, Technology & User Education </li></ul><ul><li>Cybersecurity professionals – fastest growing segment </li></ul>
    21. 21. #13 Megatrend – National IT Skills Shortage <ul><li>Technical Workers - Fastest growing segment of U.S. workforce </li></ul><ul><li>IT Outsourcing Vendors – growth in IT workers </li></ul><ul><li>Over 10.5M IT Workers in US (ITAA-2003) </li></ul><ul><li>Account for 7% of US workforce </li></ul><ul><li>Average Salary - $70K with benefits </li></ul>Source: ITAA Survey, AEA
    22. 22. #14 Megatrend – Fastest Growing Occupations (2000-2010) Source, Bureau of Labor Statistics, 2003 % 2010 2000 60 689 431 Computer Systems Analysts 66 176 106 Database Administrators 77 211 119 Network Systems & Data Communications Analysts 82 416 229 Network & Computer Systems Administrators 90 601 317 Computer Software Engineers, Systems Software 97 996 506 Computer Support Specialists 100 760 380 Computer Software Engineers, Applications Change Employment (in thousands of jobs) Occupation
    23. 23. #15 Megatrend – The Long Commute Impact of Global Outsourcing <ul><li>Web-based Systems – work anywhere </li></ul><ul><li>High growth locations – India, Philippines, Malaysia, Ireland & China </li></ul><ul><li>IT & Business Process Outsourcing (BPO) </li></ul><ul><li>3.3M US jobs move offshore by 2015 </li></ul>Source: Forrester Research, 2003
    24. 24. Tracking New Trends – Explore Future IT Program Areas <ul><li>Cybersecurity, Computer Forensics & Biometrics Technology - Pete </li></ul><ul><li>Nanotechnology & Microfabrication – Duncan – the “Nano-man” </li></ul><ul><li>Bioinformatics & Health Care IT – Jim </li></ul>
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