Young people have been the main losers of the Great Recession brought on by the 2008 global financial crisis. Millions have been pushed into highly unstable jobs, condemned to indefinite unemployment, or forced to move abroad in search of better opportunities. Around 45% of the world’s economically active young people are either unemployed or are living in poverty, despite having a job. It is “much worse to be young today than it was a quarter-century ago.”
For decades, the college degree had been the strongest signal of job readiness. But today, employers question whether a traditional undergraduate education arms students with the soft skills needed in the workplace. An analysis of millions of job ads found that a degree might open the door for a job interview, but employers don’t trust it enough to validate that someone can actually do the job. As a result, young adults no longer have as clear or straightforward a career path as previous generations did.
While the resume will never die, what you should consider important as an employer changes with the times. For companies on the cutting edge of technology, formal education – at least when it comes to software developers – is no longer the only consideration. In fact, if a tech candidate has a strong portfolio of work, can think on their feet, and has some practical experience, their educational pedigree might not matter at all.
What makes Google (now officially known as Alphabet) different is that it doesn’t rely on any one innovation strategy, but deploys a number of them to create an intricate — but powerful — innovation ecosystem that seems to roll out innovations by the dozens. So to better understand how Google innovates, let's take a close look at what it’s doing in one area: Deep Learning.
The steady state of higher education is coming to an end. In 25 years, almost all colleges and universities will look quite different from the “one size fits all” model of today. Higher education institutions must adapt to the changing marketplace. Three key trends will shape that broad landscape of change: A focus on talent, the expanding of learning through simulation, and a diversifying ecosystem.
South Korea is spending heavily on basic science in the hope of winning a Nobel prize. But can the country achieve its ambition? South Korea has long been an industry-focused 'fast follower' — excelling at quickly adopting technologies and products and making them better and cheaper. Now, Korea needs a new model, one “that is a very challenging and adventurous scheme.”
Many brilliant products of research, such as vaccinations, end up feared and rejected by the mainstream society. To regain the trust of consumers, scientists are increasingly urged to become better communicators but, is it fair to expect that scientists will do much of this communicating? Instead, higher ed institutions need to embrace science communication as a key pillar of their existence and enter the world of media.
In 2016, everyone has an idea for an app. This is especially true on college campuses, where starting an app has become the most popular extracurricular activity. Bizness Apps has been giving free access to any student with a .edu account. In the first few months about 30,000 students have registered and the company has partnered with entrepreneurship departments in about 50 universities.
What will it take to make credentialing an easier process for students? How can education stakeholders validate credentials? What do employers need from today’s credentials? Those are just some of the issues addressed in a report from Lumina Foundation that details findings and suggestions that could lead to a reformed credentialing system boasting greater transparency and portability to better serve the needs of students, employers and educators.
Educational Innovation Weekly Reviewis curated by Tecnológico de Monterrey's Observatory of Educational Innovation. With the highlights of the week on innovation, technology and education. If you require more information about a specific note, please email us: email@example.com. TECNOLÓGICO DE MONTERREY, 2016.
Observatory of Educational Innovation
Tecnológico de Monterrey's Observatory of Educational Innovation: We identify and analyze the educational innovation trends that are shaping the future of learning and education.
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