Strengthening the Business Case for Learning in the New Economic Reality

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In this new economic reality, learning organizations are forced to maximize ROI for tuition assistance and other programs. When the power of technology is paired with the innovation that emerges from …

In this new economic reality, learning organizations are forced to maximize ROI for tuition assistance and other programs. When the power of technology is paired with the innovation that emerges from “networking,” it becomes much easier to make the business case for these programs. Hear from Lloyd Peterson, vice president of education at Tuition Advisory Services, about the ways in which organizations have used counseling and networks of providers to increase the impact of tuition programs while reducing overall spend.

Lloyd Peterson, Vice President of Education, Tuition Advisory Services

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  • 1. Strengthening the Business Case for Learning in the New Economic Reality Sponsored by University of Phoenix Strategic and Academic Alliances PRESENTED BY LLOYD PETERSON, VICE PRESIDENT, EDUCATION TUITION ADVISORY SERVICES APRIL 13, 2010 © Bright Horizons 2008
  • 2. Workshop Agenda 2
  • 3. Importance of 21st Century Networking  Moved beyond machine to machine  No Longer: • Technology and Education or • Business and Technology or • Education and Business 21st Century Networking is now Re-Defined: 3 Education and Business and Technology
  • 4. Networking Challenges Companies slow to partner with traditional colleges: 4
  • 5. Networking Challenges Companies slow to partner with online education 5
  • 6. General Corporate Challenges 6
  • 7. Demographics 7
  • 8. New Era of Technology Technology Breathes New Life into Corporate Learning 8
  • 9. Competitive in 21st Corporate America To Maintain Competitive Edge 9
  • 10. Tuition Management: Background Tuition Management Programs 10
  • 11. Tuition Management: Traditional Model Administration Administer program (processing, registration, reimbursement): best use of staff time? Tracking ROI / utilization: who's responsibility? Credentialing Research & Referral 11
  • 12. Tuition Management: Transition No longer “Business as Usual” 12
  • 13. Managing Education: A New Paradigm Shift Impact on the Corporate Learning Culture Networking Re-Defined When Business, Education, and Technology Intersect The Medici Effect and the power of networking… 13
  • 14. Managing Education: A New Paradigm Shift Holistic Strategic Investment Company-Wide Impact Beyond Tuition Management Internal & External Management Responsibilities Learning Centric Approach 14 …a new way of thinking about education
  • 15. Tuition Advisory Services: New Model Three-pronged approach Tuition Assistance Educational Managed Provider Administration Advising Network Configured, web-enabled Multi-faceted approach to Accredited schools solution that provides academic and career provide employer employees with 24/7 planning. Personalized with discounts, dedicated access. On-demand counseling that guides liaison and customer reports enable employers employees to the most programs. to measure ROI and appropriate and cost manage spend effective program of strategically. study. 1 2 3 15 15
  • 16. Holistic Approach Administration: Internal Management 16
  • 17. Holistic Approach Educational Advising: Bridging Internal and External 17
  • 18. Holistic Approach Managed Provider Network: External Management 18
  • 19. Education Management: The Business Case The Medici Effect and Learning Programs! 19
  • 20. Education Management: New Paradigm Shift Chief Learning Officer: Golden Opportunity 20
  • 21. Thank You & Questions 21