Online Learning Update

February 20, 2013

Clayton Christensen: in 15 years half of all universities will be bankrupt

Filed under: Online Learning News — Ray Schroeder @ 12:10 am

by Cromwell Schubarth, Silicon Vally Business Journal

Christensen wrote his first opinions on why Harvard Business School and other higher-ed institutions were in line to be disrupted back in 1999. “But now online learning brings to higher education this technological core, and people who are very complacent are in deep trouble…. There is a different business model that is disrupting in addition to online learning. It’s on-the-job education. This model of learning is you come in for a week and we’ll teach you about strategy and you go off and develop a strategy. Come back later for two weeks on product development. You learn it and you use it. These are very different business models and that’s what’s killing us.”

Fifteen years from now more than half of the universities will be in bankruptcy, including the state schools. In the end, I am excited to see that happen.”

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