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Higher Education
Marketplace
Dr. Reed Sheard, Vice President for College Advancement and CIO
Westmont College
During a time when there is very little agreement
on anything…
We probably all agree about this regarding
higher education
The Coming Tsunami to Education
• Regulatory Costs
• Questions About the Value
of a Degree
• Growing Complexity of
Managing HED Business
• Negative National News
About Higher Education
• Rising Cost of Education
• Challenges to Traditional
Education Models
• Negative Perceptions
On Student Debt
Theories About
State of Higher
Education
Correlation vs. Causation
The Great Middle Way Creative Tension
“I was invited to hold the great
“middle way” which exists
between extreme of tepidity and
indiscreet fervor.”
Noun. 1. a situation where
disagreement ultimately gives
rise to better ideas
Challenges and Opportunities For Higher Education
Cost
Affordability & Access For More
Students
AND
Investing in Excellence and
Growth for the Institution
Creative: Improved quality, full
enrollments, growing consistent with
mission
Destructive: Escalating discount rates,
stagnate enrollment, reduced budgets
Education
Foundation for “Learning How to
Learn”
AND
Training to Get a Job/Access to a
Network
Creative: Deep exposure to different
areas of learning, excellent internships
Destructive: Education only exists to
train for specific job, eliminate the
development of the student
Business Effectiveness
Managing Complicated Legacy
Systems
AND
Nimble, entrepreneurial and
efficiently organized
Creative: Improve current processes,
eliminate ineffective or unnecessary, job
retraining, lower cost to serve
Destructive: No systemic changes, hire
more people to meet organizational
demands
Accreditation
Standards & Continuous
Improvement
AND
MOOC’s, Badges and
Certifications
Creative: Embrace the accreditation
process. ensure consistent and accredited
improvement, explore all learning
methodologies that will help student
Destructive: Ignore or experiment
without a systematic process
Technology
Administrative (ERP, CRM, Files,
Reporting/Analytics)
AND
Academics (Teaching & Research)
Creative: Platforms that generate
valuable data for institution and academy,
leverage technology to meet new needs
Destructive: Continue to buy silo’d
products without a clear strategic plan for
future benefit
Qualification/Access
High GPA, SAT Scores (Exclusive)
AND
Good GPA, SAT & ACT
(Opportunity and Available)
Creative: Ensure access for high
performing students and use technology
to assist bright students who need help
Destructive: Only pursue high
performers or lower standards
Role of Faculty
Teaching, Mentoring and
Contributing to Discipline
AND
Leverage Content & Learning Tech
Creative: Teaching, access to faculty
and quality content prepare students
effective for life after graduation
Destructive: Only content matters and
use technology to replace faculty and
lower costs
Role of a Degree
Foundation of Knowledge and
Training for Citizenship
Vs
Market Sensitive, Industry Aware
Creative: Whole person development
with the ability to make a difference in
industry and society
Destructive: Focus on degrees too
narrowly and chase popular ideas
Challenges and Opportunities For Higher Education
Cost
Affordability & Access For More
Students
AND
Investing in Excellence and
Growth for the Institution
Creative: Improved quality, full
enrollments, growing consistent with
mission
Destructive: Escalating discount rates,
stagnate enrollment, reduced budgets
Education
Foundation for “Learning How to
Learn”
AND
Training to Get a Job/Access to a
Network
Creative: Deep exposure to different
areas of learning, excellent internships
Destructive: Education only exists to
train for specific job, eliminate the
development of the student
Business Effectiveness
Managing Complicated Legacy
Systems
AND
Nimble, entrepreneurial and
efficiently organized
Creative: Improve current processes,
eliminate ineffective or unnecessary, job
retraining, lower cost to serve
Destructive: No systemic changes, hire
more people to meet organizational
demands
Accreditation
Standards & Continuous
Improvement
AND
MOOC’s, Badges and
Certifications
Creative: Embrace the accreditation
process. ensure consistent and accredited
improvement, explore all learning
methodologies that will help student
Destructive: Ignore or experiment
without a systematic process
Technology
Administrative (ERP, CRM, Files,
Reporting/Analytics)
AND
Academics (Teaching & Research)
Creative: Platforms that generate
valuable data for institution and academy,
leverage technology to meet new needs
Destructive: Continue to buy silo’d
products without a clear strategic plan for
future benefit
Qualification/Access
High GPA, SAT Scores (Exclusive)
AND
Good GPA, SAT & ACT
(Opportunity and Available)
Creative: Ensure access for high
performing students and use technology
to assist bright students who need help
Destructive: Only pursue high
performers or lower standards
Role of Faculty
Teaching, Mentoring and
Contributing to Discipline
AND
Leverage Content & Learning Tech
Creative: Teaching, access to faculty
and quality content prepare students
effective for life after graduation
Destructive: Only content matters and
use technology to replace faculty and
lower costs
Role of a Degree
Foundation of Knowledge and
Training for Citizenship
Vs
Market Sensitive, Industry Aware
Creative: Whole person development
with the ability to make a difference in
industry and society
Destructive: Focus on degrees too
narrowly and chase popular ideas
Products Platforms
- Clearer features and deliverables
- Professional Support, bug fixes, updates, ability to customize
- Time-based solution dependent on innovation from vendor
- Encumbered costs
- Fewer choices
- Flexible
- Consultants and Training
- Future focused, Innovative for Staff
- No Encumbered costs
- Many choices (perhaps too many)
Commercial
Software
(Either On
Premise or
Cloud)
Open
Source
Software
Open Source
Software with
Professional
Services
Internally
Developed
Community
Open
Source
HED
Marketplace
Higher
Education
Marketplace
Higher Education Marketplace: A New ModelHigher Education Marketplace – A New Model
Buy Once = No License Fees Narrow Focus = Clear Value in Less Time
Extension of Platform vs. Custom Tuition vs. Revenue
Westmont Demo
March 22
Woodrow Wilson D
2:30-3:10
Zak Landrum, Sr. Dir. of Advancement Services
Kaylee Zoon, Student
Thank You!

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The Higher Ed Solution Marketplace

  • 1. Higher Education Marketplace Dr. Reed Sheard, Vice President for College Advancement and CIO Westmont College
  • 2. During a time when there is very little agreement on anything… We probably all agree about this regarding higher education
  • 3. The Coming Tsunami to Education • Regulatory Costs • Questions About the Value of a Degree • Growing Complexity of Managing HED Business • Negative National News About Higher Education • Rising Cost of Education • Challenges to Traditional Education Models • Negative Perceptions On Student Debt
  • 4. Theories About State of Higher Education Correlation vs. Causation
  • 5. The Great Middle Way Creative Tension “I was invited to hold the great “middle way” which exists between extreme of tepidity and indiscreet fervor.” Noun. 1. a situation where disagreement ultimately gives rise to better ideas
  • 6. Challenges and Opportunities For Higher Education Cost Affordability & Access For More Students AND Investing in Excellence and Growth for the Institution Creative: Improved quality, full enrollments, growing consistent with mission Destructive: Escalating discount rates, stagnate enrollment, reduced budgets Education Foundation for “Learning How to Learn” AND Training to Get a Job/Access to a Network Creative: Deep exposure to different areas of learning, excellent internships Destructive: Education only exists to train for specific job, eliminate the development of the student Business Effectiveness Managing Complicated Legacy Systems AND Nimble, entrepreneurial and efficiently organized Creative: Improve current processes, eliminate ineffective or unnecessary, job retraining, lower cost to serve Destructive: No systemic changes, hire more people to meet organizational demands Accreditation Standards & Continuous Improvement AND MOOC’s, Badges and Certifications Creative: Embrace the accreditation process. ensure consistent and accredited improvement, explore all learning methodologies that will help student Destructive: Ignore or experiment without a systematic process Technology Administrative (ERP, CRM, Files, Reporting/Analytics) AND Academics (Teaching & Research) Creative: Platforms that generate valuable data for institution and academy, leverage technology to meet new needs Destructive: Continue to buy silo’d products without a clear strategic plan for future benefit Qualification/Access High GPA, SAT Scores (Exclusive) AND Good GPA, SAT & ACT (Opportunity and Available) Creative: Ensure access for high performing students and use technology to assist bright students who need help Destructive: Only pursue high performers or lower standards Role of Faculty Teaching, Mentoring and Contributing to Discipline AND Leverage Content & Learning Tech Creative: Teaching, access to faculty and quality content prepare students effective for life after graduation Destructive: Only content matters and use technology to replace faculty and lower costs Role of a Degree Foundation of Knowledge and Training for Citizenship Vs Market Sensitive, Industry Aware Creative: Whole person development with the ability to make a difference in industry and society Destructive: Focus on degrees too narrowly and chase popular ideas
  • 7. Challenges and Opportunities For Higher Education Cost Affordability & Access For More Students AND Investing in Excellence and Growth for the Institution Creative: Improved quality, full enrollments, growing consistent with mission Destructive: Escalating discount rates, stagnate enrollment, reduced budgets Education Foundation for “Learning How to Learn” AND Training to Get a Job/Access to a Network Creative: Deep exposure to different areas of learning, excellent internships Destructive: Education only exists to train for specific job, eliminate the development of the student Business Effectiveness Managing Complicated Legacy Systems AND Nimble, entrepreneurial and efficiently organized Creative: Improve current processes, eliminate ineffective or unnecessary, job retraining, lower cost to serve Destructive: No systemic changes, hire more people to meet organizational demands Accreditation Standards & Continuous Improvement AND MOOC’s, Badges and Certifications Creative: Embrace the accreditation process. ensure consistent and accredited improvement, explore all learning methodologies that will help student Destructive: Ignore or experiment without a systematic process Technology Administrative (ERP, CRM, Files, Reporting/Analytics) AND Academics (Teaching & Research) Creative: Platforms that generate valuable data for institution and academy, leverage technology to meet new needs Destructive: Continue to buy silo’d products without a clear strategic plan for future benefit Qualification/Access High GPA, SAT Scores (Exclusive) AND Good GPA, SAT & ACT (Opportunity and Available) Creative: Ensure access for high performing students and use technology to assist bright students who need help Destructive: Only pursue high performers or lower standards Role of Faculty Teaching, Mentoring and Contributing to Discipline AND Leverage Content & Learning Tech Creative: Teaching, access to faculty and quality content prepare students effective for life after graduation Destructive: Only content matters and use technology to replace faculty and lower costs Role of a Degree Foundation of Knowledge and Training for Citizenship Vs Market Sensitive, Industry Aware Creative: Whole person development with the ability to make a difference in industry and society Destructive: Focus on degrees too narrowly and chase popular ideas
  • 8. Products Platforms - Clearer features and deliverables - Professional Support, bug fixes, updates, ability to customize - Time-based solution dependent on innovation from vendor - Encumbered costs - Fewer choices - Flexible - Consultants and Training - Future focused, Innovative for Staff - No Encumbered costs - Many choices (perhaps too many)
  • 9. Commercial Software (Either On Premise or Cloud) Open Source Software Open Source Software with Professional Services Internally Developed Community Open Source HED Marketplace
  • 11. Higher Education Marketplace: A New ModelHigher Education Marketplace – A New Model Buy Once = No License Fees Narrow Focus = Clear Value in Less Time Extension of Platform vs. Custom Tuition vs. Revenue Westmont Demo March 22 Woodrow Wilson D 2:30-3:10 Zak Landrum, Sr. Dir. of Advancement Services Kaylee Zoon, Student