Posts

Showing posts with the label Entrepreneurship

Keynote at Centennial College on the role of higher education in fostering social entrepreneurship

Image
Centennial College is Ontario’s first community college. It is also celebrating its 50th anniversary. Centennial is recognized as one of the most culturally diverse post-secondary institutions in Canada. Located in Toronto, it primarily serves the Greater Toronto Area through four campuses.

I am honored to deliver a keynote at the Social Innovation Summit on the role of higher education in empowering social entrepreneurship. Austin et al. (2006) in their article Social and Commercial Entrepreneurship: Same, Different, or Both? note that "the underlying drive for social entrepreneurship is to create social value, rather than personal and shareholder wealth."

I will be building on World Bank's definition of empowerment as “the process of increasing the capacity of individuals or groups to make choices and to transform those choices into desired actions and outcomes.”

Higher Education play a integral role of empowering social entrepreneurs through learning experiences--acade…

Ability to partner effectively is core to leadership in academia and enterpreneurial ventures, says David Finegold

Image
Dr. David Finegold, Chief Academic Officer, Quad Learning
Dr. Finegold is a leading expert on skill development systems and their application to economic performance in the global marketplace. In his last role, he served as Senior Vice President for Lifelong Learning and Strategic Growth at Rutgers University, spearheading efforts to build a workforce development system for New Jersey’s bioscience sector. He was also a professor at the Keck Graduate Institute of Applied Life Sciences in Claremont, California. David graduated summa cum laude with a BA in Social Studies from Harvard University, and earned his Ph.D. in Politics as a Rhodes scholar at Oxford University in England.

Rahul- You have extensive experience as a faculty member and academic leader in university setting. Now you are working in an entrepreneurial and innovative environment at American Honors. What are couple of key leadership lessons for future academic entrepreneurs to succeed in a non-university settings? David- …

Shai Reshef on his mission to scale a sustainable model of non-profit, tuition-free, accredited, online academic institution

Image
Shai Reshef is President & Founder of University of the People – the world’s first tuition-free, non-profit, accredited, online University dedicated to opening access to higher education. An educational entrepreneur with over 25 years of experience in the international education market, President Reshef has been widely recognized for his work with UoPeople, including being named one of Fast Company’s 100 Most Creative People in Business; joined UN-GAID as a High-level Adviser; granted membership in the Clinton Global Initiative; selected by The Huffington Post as the Ultimate Game Changer in Education; nominated as one of Wired Magazine’s 50 People Changing the World; and selected as a Top Global Thinker by Foreign Policy Magazine. His TED Talk: “An Ultra-Low-Cost College Degree” has been viewed by almost 2 million people in the last year.

Rahul - At University of People, you have created a large volunteer operation with over 3,000 volunteering professors, academic leaders and…

Will Education Innovation Move from Fringes to the Core of System?

Image
Over the last decade, I have presented or chaired nearly 100 sessions at professional conferences on the themes of higher education internationalization trends and strategies with an emphasis on enrollment management, student mobility and transnational education.
Recently, I attended a conference outside my regular "conference circuit" to not only expand my perspectives and network on education technology (ed-tech or edtech), but also to learn from entrepreneurs and investors. The ASU+GSV Summit defines itself as "the Knowledge Economy's Mecca of conversation and activism devoted to accelerating learning innovation around the world." The conference is hosted by GSV, a private equity group and Arizona State University (ASU), which is at the forefront of innovation through online education and strategic partnerships like Starbucks and now edX.
The conference exceeded my expectations in terms of scale and quality. The conference has grown from 250 to 2500 atten…

Employers and Technology as the Ultimate Solution to Credentialing Barrier of MOOCs?

Image
A recent report entitled “The Carnegie Unit: A Century-Old Standard in a Changing Education Landscape” from the Carnegie Foundation for the Advancement of Teaching responds to increasing pressure on bringing more innovation, flexibility and transparency in measuring students learning. (See definitions of The Carnegie Unit and the Credit Hour on page 8 of report. A typical three-credit course, meets for three hours per week over a fifteen-week semester.) The study finds that in absence of an alternative, the Carnegie Unit continues to be the standard measure in the American education system. "But at best, the Carnegie Unit is a crude proxy for student learning. The U.S. education system needs more informative measures of student performance. Achieving this goal would require the development of rigorous standards, assessments, and accountability systems—difficult work, especially in the field of higher education, where educational aims are highly varied and faculty autonomy is de…

Edwin van Rest of StudyPortals shares his entrepreneurial journey

Image
Edwin van Rest, founder, StudyPortals

Edwin van Rest is the founder of StudyPortals – the international Study Choice Platform – helping students worldwide to find and compare the fast-growing international education opportunities. Edwin has always been a true believer in the value of international experience: while studying a Master’s in Industrial Engineering and Management Science at the Eindhoven University of Technology he spent a year at Osaka University. He did internships at the Olympic Games: both in Athens and in Turin. Furthermore he was very active in the world of international study associations – where StudyPortals’ foundations lie. Edwin’s expertise mainly lies in understanding student orientation needs, online technology and result-based recruitment for HEIs. StudyPortals has brought innovation to university promotion by offering an online, result based and cost-effective solution for universities to present themselves worldwide. Over 1,300 universities from 43 countri…

Mitch Gordon of Go Overseas shares his entrepreneurial journey

Image
Mitch Gordon, Co-founder & CEO, Go Overseas
TwitterLinkedIn

Mitch Gordon is from upstate NY and lived in Taipei, Taiwan for four years before moving to San Francisco, where he currently resides. Mitch is an entrepreneur, starting a number of companies in the field of travel & education. His most recent company, Go Overseas, has quickly become the most trusted resource on the internet for researching study, teach and volunteer abroad programs around the world. Mitch is also currently the Entrepreneur in Residence at the UC Berkeley Haas School of Business/ SkyDeck Incubator. When he’s not working you can find him playing sports, hiking, traveling or reading.

Rahul- What are the key services your organization provides? How would you describe your target customer and the unmet needs you are serving?
Mitch- Go Overseas is a review and community site for programs abroad. We’re the Yelp/ Airbnb for programs abroad. We list every study, volunteer, teach, internship & Gap Year progra…

Chris Boehner of Vericant shares his entrepreneurial journey

Image
Chris Boehner, Executive Director, Vericant
TwitterLinkedIn
After graduating from the College of Charleston with a degree in Corporate and Organizational Communications, Chris decided to follow in his grandfather’s footsteps and move to China. During his seven years in China, Chris’s background can best be described as eclectic.  He was a corporate trainer for Microsoft, then decided to cycle across Asia and Africa working as a translator (you wouldn’t believe how useful Mandarin is in Sudan). Afterward, he managed Omega’s transportation logistics during the Beijing Olympics then spent two years intensively studying Mandarin. His proudest achievement is being a founding member of Beijing’s first bluegrass band–The Redbucks. During Chris’s ever-dwindling free time, you can find him in Beijing’s historic hutongs, playing mandolin or practicing Mandarin.

Rahul- What are the key services your organization provides? How would you describe your target customer and the unmet needs you are ser…

international education as a pathway for immigrant entrepreneurs

While the immigration reform in the US is overcast with uncertainty, I came across a very interesting blog in the New York Times by Catherine Rampell asking "is it true that immigrants are unusually entrepreneurial?" And the data suggests, yes. The highlights are:
Business ownership rate is higher for immigrants than the native-born. In 2010, 10.5 percent of the immigrant work force owned a business compared with 9.3 percent of the native-born work force.Immigrants are also more likely to start a business in any given month. In 2010, 620 out of every 100,000 non-business-owning immigrants started a business each month as compared to 280 for nonimmigrants. "Immigrants’ entrepreneurship rates are especially high in the engineering and technology sector. About a quarter of engineering and technology companies founded between 2006 and 2012 had at least one founder who was born abroad, according to a 2012 Kauffman Foundation study. In Silicon Valley, the share was 43.9 perce…

IIPM: Mocking at Quality of Indian Higher Education?

Image
IIPM and Arindam Chaudhuri have been synonymous with advertisements shouting "Dare to think beyond the IIMs!" (Here is Hoot's analysis on IIPM's advertisements). It took audacity (often to the limit of brashness) and entrepreneurial grit to equate oneself with big brands like IIMs. IIPM enrolls more than 5000 students across 8 campuses with more than 400 faculty members.
So, what's the issue? The issue is better understood if you see the advertisements of IIPM like below. What's the brand "promise" to a prospective student? They are most likely to see "MBA/BBA/EMBA" along with major brands like Cornell and Stern.

However, FAQs on IIPM website mentions: "1. Does AICTE/UGC [Indian regulatory bodies] recognize IIPMs programme in planning and entrepreneurship?
No. IIPM has never sought recognition from any statutory bodies and is proud of its world class course contents. Students bothered about statutory recognition of IIPMs programmes n…

Guru Mantra: Shai Reshef, Founder, University of the People

Image
Shai Reshef Founder & President University of the People
Shai Reshef is the Founder & President of the University of the People, the world’s first tuition-free, online academic institution, which he established following 20 years in the international education market. From 1989 to 2005, Reshef served as Chairman of the Kidum Group, the largest for-profit educational services company based in Israel which was sold to Kaplan, Inc. in 2005. Between 2001 and 2004, while continuing as the chairman of Kidum, Reshef lived in the Netherlands where he chaired KIT eLearning, a subsidiary of Kidum, the eLearning partner of the University of Liverpool and the first online university outside of the United States. The company was sold to Laureate in 2004. In 2009, Reshef was named one of Fast Company’s “100 Most Creative People in Business,” joined the United Nations’ Global Alliance for Information and Communication Technologies and Development as a High-level Adviser, and spoke internationa…

Education Industry Investment Forum 2010, Phoenix AZ

Education sector in India is expanding and innovating new models and services related to education sector. For example, traditional learning companies like NIIT are reinventing themselves and at another level entrepreneurial companies like MeritTracand GTT are gaining traction. One forum in the US, that celebrates and encourages entrepreneurialism and investment in education sector is - Education Industry Investment Forum (EIIF). This could be an interesting learning and engagement opportunity for Indian participants interested in education sector. Here is the interview with Douglas Crets, Conference Director, EIIF, Institute for International Research (IIR).
- Rahul Choudaha, PhD

Before joining Institute for International Research, Douglas Crets spent six years working as a journalist and as an independent researcher in Asia. He is a graduate of the University of Hong Kong, where he earned a Master's in Journalism. Douglas has experience developing unique qualitative analysis rep…

For-profit, online education and private equity

The synergy between for-profit education, online education and private equity has worked well in the US education market where they all have served as a catalyst for each other. A recent article in the USA Today states that "Online education is a growing industry in the United States with estimated revenues of $12 billion at a dozen or so for-profit companies that provide primarily online learning." This sector had been witnessing double digit growth (nearly 20%) and achieved 13% growth last year. For-profit institutions are aggressive marketing machines with nimbleness of adapting to the demands of the economy by innovating and offering new courses. For example, the recent ad campaign of Kaplan University clearly questions the value of conventional educational model.





Undoubtedly, growth of for-profit institutions in the US indicates that there is a segment that needs flexibility, technology and career-oriented education. But, there is also some of criticism about the secto…

Enabling Education Entrepreneurship in India

Image
Education is central to the human capital development and economic development of any country. Even for India, where only 12% of the addressable population goes to college and nearly 70% of the population is in rural areas, education is considered a very important channel for socioeconomic mobility. Unfortunately, despite huge demand and need of education, policy framework in India has stifled access, quality and innovation in education.

I recently conducted a Linkedin poll and asked "What is the biggest constraint in setting up a 'high quality' academic institution in India?" The response was loud and clear--regulatory mechanism is the biggest constraint, followed by investments/funding.


In this scenario, education entrepreneurs serve as "...as visionary thinkers who create brand new for-profit or nonprofit organizations that seek to have a large-scale impact on the entire public school [education] system-and in so doing, redefine our sense of what is possible …