2015 Academic Affairs Winter Meeting_Barbara Vacarr
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2015 Academic Affairs Winter Meeting_Barbara Vacarr
- 1. EncoreU From Innovation to Revolution Barbara Vacarr February 6, 2015
- 2. A national non-profit building a social movement to: • Re-conceptualize retirement. • Tap the skills and experience of those at mid-life and beyond to improve communities and create a better future for future generations.
- 3. The Economic & Demographic Imperative
- 4. Where is Higher Education?
- 5. A Perfect Storm of Opportunity Concurrent realities: • Aging population • Longer work lives expected • Dwindling national market of college aged students • A growing set of national and global problems
- 6. The Economic & Demographic Imperative • Economy grew by 5% in Q4 2014 • Human capital needed to keep going* • Education system is unprepared for workforce needs • “We are not going to produce enough people to fill jobs”** *Assid, HuffPost, Jan. 9, 2015 **Rose as cited in Assid, HuffPost, Jan. 9, 2015
- 7. Coming of Age in America: The Big Idea in 4 minutes https://www.youtube.com/watch?v=ZOA1v4-2Fos
- 8. A Compelling Call to Action “Change is happening quickly. The clock is ticking. The alternative [for higher education] is not business as usual—it’s obsolescence.” (Vacarr, Chronicle of Higher Education, Dec. 8, 2014)
- 9. Our Mandate 1. Higher education holds a unique role in our social contract. 2. A response to this challenge fits squarely into the educational, research and public service missions of higher education.
- 11. Recent Job-Seeking Adults 50+ Say They Lack… 1. the right skills for the available jobs……….40% 2. the right degree or education………………..35%
- 12. +2/3’s Strong interest in education and training (2014) Penn Schoen Berland online U.S. interviews of 1,694 people ages 50-70 Interested in certificate or credentialing programs Want both in-person and online components Want preparation for continued or supplemental income Most interested in part-time programs Key findings report responses of the 728 (43%) with some postsecondary education
- 13. Encore Movers University of Washington – relying on retired staff talents to bring encore opportunities to alumni, current employees, donors and community members Tulane University - tapping all constituent interests on the way to becoming an Encore University Pace University – reaching a new corporate audience with multiple sessions of The Encore Transition Program University of Connecticut - training unemployed professionals for nonprofit management roles through Encore!Hartford
- 14. EncoreU: A Catalyst for Change
- 15. EncoreU Summit for Senior Leaders March 20 & 21, 2015 New York University • 25 higher ed leaders from a diverse range of institutions • Shape Fall 2015 launch of the EncoreU Presidents’ Pledge • Develop framework for EncoreU/age-friendly institutions
- 16. President’s Leadership Pledge • Engaging senior leadership to create age and encore friendly institutions. • Encore U president leaders will pledge to create pathways and policies that serve older adults who want to engage in an encore stage of work that addresses important social needs.
- 17. How to Take Action Begin a conversation on your campus! Send your provost to the March Summit: Contact Jennifer O’Neil, joneil@encore.org
- 18. Resources ACE Report: http://www.acenet.edu/news-room/Pages/Faculty-Retirement Transitions.aspx Change Magazine: http://www.changemag.org/Archives/Back%20Issues/2013 November-December%202013/next_act_abstract.html Chronicle of Higher Ed: http://chronicle.com/article/An-Aging-America-Higher 150425/ Huffington Post: http://www.huffingtonpost.com/julian-l-alssid/three-reasons- why-2015-wi_b_6432868.html
Editor's Notes
- Good Morning my name is Barbara Vacarr I am the Director of Encore.org’s Higher Education Initiative.
- I come to this position in my own encore having most recently served as a college president. I enjoyed a 30-year career in higher education as a faculty member and administrator and I understand deeply the complex challenges being managed and facing higher ed. today. I believe they are catalytic challenges-- the kind that push us to think and act beyond innovation, to become revolutionary in our educational business-- in terms of who we serve, how we serve and where we serve. We are in fact in the midst of a demographic revolution and meeting the needs and leveraging the talents of an aging America is a defining challenge for our nation AND for our institutions. In managing this challenge we would do well to heed that great anonymous thinker who said, “We are continually faced by great opportunities brilliantly disguised as insoluble problems.” Because of sheer numbers alone, those of us who see the demographic challenge as such an opportunity will be more likely to sustain and thrive.
- We are facing a demographic revolution! The number of Americans 55 and over will grow to 112 million by 2030. That’s up from 76 million today. Longer life spans and aging baby boomers will double the population of Americans age 65 years or older during the next 25 years. And this is our future. The revolution is not about baby boomers, it is about a radically different lifespan than the one that higher education has historically served. We are seeing an extended lifespan with protracted periods of development at both ends. There are a growing number of colleges and universities leading the way in conceptualizing, developing and delivering—policies, practices and pathways to serve an extended lifespan and to leverage the wealth of talent of an aging population for the greater good…..We need many more to do so,.
- Yet, despite much press about the aging of our population and the impact on higher education, in particular the Chronicle Services 2009 Report about the campus of 2020 being an older one, we have yet to address this seismic demographic shift in our planning for higher ed’s future. There is a vast and untapped opportunity in the exponential increase in potential students in their 50s and beyond to create multi-generational campuses that prepare people across the lifespan to contribute in meaningful ways. While It is noteworthy that we have as a sector not addressed the aging of our campuses, it is not a new phenomenon. Adult programs have for the most part lived in the margins of our institutions, despite the growing prevalence since the 1970’s of adults on our campuses. It is reflective of this reality that there has been little research to date about how adults learn. Given the demographic realities, we must move this demographic conversation to the forefront and begin to figure out how we are going to leverage the talents and serve the needs of an aging society?
- At a time when traditional “retirement” increasingly marks the beginning of a new phase of work (whether by choice, necessity or some combination of the two), millions are looking for and will need help if they are to make a successful transition. People are living longer and better--we will live as long in retirement as we did in our earlier careers.
- I am sure you have been seeing many of the recent articles in the NYT, WSJ, Forbes… about the aging workforce and the need to rethink many of our institutions and systems. A recent Huff Post article by Julian Assid predicts that 2015 will be the year of Education Reform because of the intersection of three contemporary major social forces -- a growing economy, the need for more skilled human capital and our nation’s divided politics Basically, with our economy growing we need human capital to keep it going. “We are not producing enough people to fill jobs” Assid suggests that the “...economic furnace needs to be stoked to keep going, and it needs human capital (people) with the right skills”. I am sure you have been seeing many of the recent articles in the NYT, WSJ, Forbes… about the aging workforce and the need to rethink many of our institutions and systems. A recent Huff Post article by Julian Assid predicts that 2015 will be the year of Education Reform because of the intersection of three contemporary major social forces -- a growing economy, the need for more skilled human capital and our nation’s divided politics Basically, with our economy growing we need human capital to keep it going. “We are not producing enough people to fill jobs” Assid suggests that the “...economic furnace needs to be stoked to keep going, and it needs human capital (people) with the right skills”. There is huge opportunity for higher education to meet these needs. I am sure you have been seeing many of the recent articles in the NYT, WSJ, Forbes… about the aging workforce and the need to rethink many of our institutions and systems. A recent Huff Post article by Julian Assid predicts that 2015 will be the year of Education Reform because of the intersection of three contemporary major social forces -- a growing economy, the need for more skilled human capital and our nation’s divided politics Basically, with our economy growing we need human capital to keep it going. “We are not producing enough people to fill jobs” Assid suggests that the “...economic furnace needs to be stoked to keep going, and it needs human capital (people) with the right skills”.
- “The Big Idea in 4 Minutes” presents a clear and compelling picture of the demographic imperative and suggests the tremendous opportunity that is before us if we are willing to think in new ways and to risk change.
- The signs are clear. We need new models… our institutions must change to serve the concurrent realities of an aging population, a dwindling national market of prepared college aged students and a growing set of national and global problems. Institutions of higher education have both the influence and potential diversity of offerings to create NEW pathways that will unleash the generative potential of those who have been leaders builders and implementers in their occupations and who in the second half of adulthood continue to have much to offer, want to make transitions and are in need of the pathways to do so. I suggest that to meet the challenge of change, we must build on what already exists and at the same time think outside of what we have known.
- Already a number of well-regarded institutions—including UConn, Tulane, University of Washington, NYU, Pace University, Washington University, Stanford, Arizona State U and many others have taken the lead building on their brand with new programs and initiatives that offer transition pathways for pre-retirees and retirees both internal and external to the institution—, faculty, administrator, alumni and working professionals in our local communities who want to continue to contribute by engaging in meaningful work. They are looking to higher ed to deliver. Many of the educational pathways support transition from the private to the non-profit or public sectors. Institutions are finding that they also leverage, strengthen and contribute to the establishment of new partnerships with the private and public sectors of the local community. For example: Tulane University is in the process of developing a new set of educational experiences to help alumni and community members eager to forge second ‘careers of purpose’ with an emphasis on engagement in the local community.” They are building on their identity in focusing on social entrepreneurship. They are proto typing their initiative in response to a 40,000 alumni member survey that gave them a window into how they might continue to serve this important constituent group. Pace University and NYU have implemented Encore Transition Programs that support New Yorkers at midlife and beyond in finding meaningful work combining personal fulfillment with social impact. Pace is in the process of building on their corporate partnerships. U Washington is a pioneer in higher ed with a president who has asserted in the community that UW is an Encore institution. They are developing Encore opportunities and networks on-and off- campus. Their first focus is on UW employees and UW alumni who are approaching the stage of midlife when they begin to plan for what is next. The University of Connecticut at Hartford has successfully implemented, A Workforce Preparedness Program for Managerial and Professional Employment in the Connecticut Nonprofit Sector. They are committed to serving Connecticut’s communities and have seen a 96% placement rate.
- While we are dealing with a relatively new demographic phenomenon, there is data to suggest that higher education has a vital role to play in serving society’s new demographics and the developmental needs of those navigating what is becoming one of life’s major transitions, akin to adolescence in its significance.
- In 2014 the Center on Aging and Work reported on a 2013 Center for Public Affairs Research survey that showed 40% of job seekers over 50 felt they lacked the right skill set for new job while 35% felt they lacked the right degree or education to obtain a new job.
- Data from the 2014 national survey commissioned by Encore.org and Penn Schoen Berland showed that more than 25 million Americans 50 to 70 years old are eager to share their skills, passions and expertise in encore careers that address social purpose, typically in education, health care, human services and the environment. Another 21 million are ready to join them, nearly six in ten within the next five years. They span the economic spectrum. Nearly three in ten (29 percent) report annual household income between $30,000 and $60,000. A quarter (26 percent) reports income exceeding $90,000. Similarly, over one-third (36 percent) has assets (excluding a home) under $50,000, while slightly more (38 percent) have assets equal to or greater than $200,000. 1694 people between ages 50-70 were interviewed for the study. 40% were individuals who had some post secondary education and are interested in encore careers 2/3rds of this population are interested in training and education. And, most importantly, Their responses suggest a recipe for higher ed to reach out to a new and growing demographic. The national survey showed that this demographic: Is interested in certificate or credentialing programs. Wants both in-person and online components—do not want to be tied to a semester-long classroom schedule. Is most interested in part-time programs Wants preparation for continued or supplemental income Finally their responses of “Not necessarily” to questions about whether they would go to their alma maters for training/further education reflect the tremendous opportunity for institutions and the work that needs to be done to serve developmental needs of alumni across the lifespan for mutual benefit.
- These ARE JUST EXAMPLES OF SOME OF THE INSTITUTIONS paving the way for employees, alumni and community members to leverage their experience and talents for work with social purpose.
- Encore has been working catalytically with these first movers by: Facilitating networks & coalitions among institutions Leveraging relationships for research & dissemination Serving as a resource hub and as a communications engine, amplifying the work taking place at the colleges and universities.
- We are enthused that these efforts are gaining traction. This spring these first movers will be part of a group of over 20 higher ed institutions and representatives of the private and non-profit sector at a groundbreaking EncoreU Summit for Higher Ed Leaders to be held at NYU. The participating institutions will take leadership in articulating a new Encore agenda and potential brand for colleges and universities that are innovating to meet the needs of society’s rapidly shifting demographics. The summit will be publicized utilizing Encore.org’s broad communication channels. The attending group will emerge as a core of innovative and leader institutions.
- All of this work is in service of our strategic objective in 2015 to engage Presidents and senior leaders to BUILD ON INSTITUTIONAL IDENTITY and serve IN NEW WAYS our communities
- We urge you to begin conversations on your campuses. Given the complex challenges we all face, it is imperative that this initiative have presidential level support. WE INVITE ALL TO SIEZE THE OPPORTUNITY. There is room at the Summit.
- There are many resources available. Check out the http://encore.org/ website.