an Australian study. From the introduction:
"Our primary hypothesis is that the dominant university model in Australia — a broad-based teaching and research institution, supported by a large asset base and a large, predominantly in-house back office — will prove unviable in all but a few cases over the next 10-15 years. At a minimum,incumbent universities will need to significantly streamline their operations and asset base, at the same time as incorporating new teaching and learning delivery mechanisms, a diffusion of channels to market, and stakeholder expectations for increased impact. At its extreme, private universities and possibly some incumbent public universities will create new products and markets that merge parts of the education sector with other sectors, such as media, technology, innovation, and venture capital. Exciting times are ahead — and challenges too.
We have summarised the drivers of change of this brave new world into five key trends:
1.Democratisation of knowledge and access — The massive increase in the availability of‘knowledge’ online and the mass expansion of access to university education in developed and developing markets means a fundamental change in the role of universities as originators and keepers of knowledge.
2.Contestability of markets and funding — Competition for students, in Australia and abroad, is reaching new levels of intensity, at the same time as governments globally face tight budgetary environments. Universities will need to compete for students and government funds as never before.
3.Digital technologies — Digital technologies have transformed media, retail, entertainment and many other industries — higher education is next. Campuses will remain, but digital technologies will transform the way education is delivered and accessed, and the way ‘value’ is created by higher
education providers, public and private alike.
4.Global mobility — Global mobility will grow for students, academics, and university brands. This will not only intensify competition, but also create opportunities for much deeper global partnerships and broader access to student and academic talent.
5.Integration with industry — Universities will need to build significantly deeper relationships with industry in the decade ahead — to differentiate teaching and learning programs, support the funding and application of research, and reinforce the role of universities as drivers of innovation
and growth."
According to Timothy Taylor many of the insights of this study apply around the world.
More about online education links
here.