Rick Beyer, CEO of Lumerit delivers a presentation to leading Chief Learning Officers on the macro trends happening in higher education that can benefit corporations and all students.
1. Macro Trends Shaping
Higher Education
An Opportunity for Chief Learning Officers
Rick Beyer, CEO Lumerit Education
2. Discussion Overview
● Major trends in higher education - impact and opportunity for CLO’s.
● The World Economic Forum and IBM CEO studies - top ten needs for
the global workforce.
● Constructing the college degree and learning outcomes through the
eye of the CLO.
● Addressing employee retention and development through a global
digital classroom.
3. Rick Beyer, CEO
Lumerit Education
Rick Beyer—Chief Executive Officer. Rick has a unique combination of experience in higher
education and business. A former college president and board governance chair, successful
technology CEO, and senior operating executive of a $1 billion public company, Rick has
consistently been at the forefront of industry-leading initiatives and has a successful history
of navigating organizations through change and growth.
Rick is currently a Senior Fellow and a former member of the board of directors at the
Association of Governing Boards of Universities and Colleges (AGB), a national governance
organization for higher education with more than 1,900 member institutions. He has served
on the board of trustees at American University as well as his alma mater, Olivet College,
including serving as board chair and now trustee emeritus. Rick has served as president,
president emeritus at Wheeling Jesuit University and has also held senior executive
positions at Trimble Navigation, Ltd. (NASDAQ: TRMB) and Qualcomm (NASDAQ:QCOM).
4. My Two Perspectives
As a Corporate Executive
● The need for “Go-To People”
● The need for “Organizational Maturity”
● The need for Future Leaders
As a College President
● The trend of students attending multiple
institutions
● The change in degree construction
components
● The change in policies and regulations
regarding credits accepted from external
sources
5. Education Trend #1
75%
of students will
attend two or more
colleges prior to
graduation
25%
of students will
attend only one
institution
6. Education Trend #2
75%
of learning content may
originate from outside of
the degree granting
institution
25%
of content must be
generated by the degree
granting institution - per
accreditors
7. From my own lens…
Imagine the ability to curate and create content which aligns
the corporate talent development needs with the academic
policies of colleges and universities
8. One-Off Examples
Colleges that developed corporate
relationships focused on costs or
programming
A college transcribing one or two training
courses into college credits – 2.5% to 5% of
the degree structure
9. Scaling - The power of 10X to 100x
Imagine over 500 colleges with cost and
programming focus
Imagine 30%-50% of the college degree
components designed by the CLO
10. Skills and Expectations
Theoretical Skills – Abstract concepts
Applied Skills – Subject matter knowledge
Workforce Skills – Personal attributes
An opportunity for the CLO to impact all three
areas within higher education
11. Expectation Gap
What External Constituents are Saying
Forbes on Education
“No field operates more
inefficiently than education.
A new breed of disruptors is
finally going to fix it.”
1,500 CEO’s on Education
“#1 CEO challenge is hyper-
complexity. Higher Ed is not
equipping graduates with
the right mindset or skills.”
McKinsey on Education
“Students don’t believe
traditional education drives
job skills. Bottom line. Skills
matter. Hard to get them.”
12. IBM CEO Higher Education Study
Survey of 1,500 global CEO’s
13. Top 10 Skills
In 2020
1. Complex Problem Solving
2. Critical Thinking
3. Creativity
4. People Management
5. Coordinating with Others
6. Emotional Intelligence
7. Judgement and Decision Making
8. Service Orientation
9. Negotiation
10. Cognitive Flexibility
In 2015
1. Complex Problem Solving
2. Coordinating with Others
3. People Management
4. Critical Thinking
5. Negotiation
6. Quality Control
7. Service Orientation
8. Judgement and Decision Making
9. Active Listening
10. Creativity
World Economic Forum
14. Degree Construction Influence
Big Majors
Business
Psychology
Communications
Applied Science
Liberal Arts
Org. Leadership
Engineering
STEM
Nursing
Allied Health
16. The CLO Opportunity in Degree Construction
General
Education
Core Requirements
Electives
The CLO Opportunity to
Specify Learning Outcomes
which align to corporate
needs 33% to 50%
A low of eight to a high of
twenty courses Scaled Across
+500 Colleges
Academic Major
Total of 40 classes – 120 credits
A typical degree plan structure
17. CLO Impact on the College Degree
Shaping the degree components through the eyes of the CLO -
What learning outcomes does your enterprise require?
● Theoretical Skills – Abstract concepts
● Applied Skills – Subject matter knowledge
● Workforce Skills – Personal attributes
19. Central Registrar’s Office
Provides the tools and academic resources for
employees to construct a forward course progression
plan – to complete their degree
A road map for success
● Takes into consideration employee time,
goals, budget, TAP policies, learning style,
major and the target institution of choice
● May include corporate learning objectives
as part of the degree plan construction
20. Construct a personalized degree plan...
Self-Paced
Online
Professional
Studies
Course
Portfolio
Assessment
Faculty Led
Online
Classroom
Based
Onsite
Competency
Based Exam
PERSONALIZED
TO THE
STUDENT
21. Degree Manager™
Proprietary, cloud-based software that gives
students access to their degree plan from
anywhere on any device.
Degree Plan from the Central Registrar’s Office
22. Digital Global Classroom
1.
Employee meets with Lumerit
Scholar Registrar’s Office
2.
Formal course progression
degree plan is created with a
target institution of choice
3.
Students take their courses
through the Global Digital
Classroom
4.
Classes are assigned to the
student’s target institution
5.
Up to three years of credits
are transferred to the
institution
6.
Students graduate from their
chosen institution
23. I’m a Lumerit Scholar and will be graduating from...
24. More than 500 colleges and universities, including...
Arizona State University
Art Institute of Pittsburgh
Ball State University
Berklee College of Music
Biola University
California State University
Cleveland State University
Colorado School of Mines
Colorado State University
Delaware State University
East Carolina University
Eastern Michigan University
Florida College
Florida State University
Grand Valley State University
Harding University
Hope College
Huntington College of Health
Huntington University
Houston Baptist University
Idaho State University
Indiana Wesleyan University
Liberty University
University of Alabama
University of Alaska
University of Arkansas
University of California
University of Colorado
University of Maine
University of Maryland
University of Missouri
University of Montana
University of New England
University of North Carolina
University of North Dakota SEM
University of North Florida
University of Oklahoma
University of Oregon
University of Rhode Island
University of Southern California
University of St. Thomas
University of Texas
Virginia Tech
Michigan State University
Montana Tech
North Dakota State University
Northern Illinois University
Northwestern College
Ohio State University
Oklahoma Christian University
Old Dominion University
Pennsylvania State University
Purdue University
Regent University
Savannah College of Art and Design
Seattle Pacific University
Simpson University
Southeastern University
Southern Polytechnic State University
State University of New York
Texas A&M University
Texas Christian University
Texas Tech University
Thomas Edison State University
Troy University
25. Unbiased College Selection
Lumerit receives no compensation from colleges or universities, which enables
us to focus exclusively on the needs of students, from degree planning and
mapping to success coaching.
26. Bridging the Gap
Lumerit Education has helped
more than 16,000 students
from 23 countries with their
college journey.
27. 2016 Case Study
A major corporation with more than 100,000 employees
● Identified 87% of employees were spending more time and
money, both out of pocket and tuition assistance programs,
to complete their degree.
● Lumerit Scholar was implemented without changing a
single corporate policy.
30. Lumerit Scholar*
Greater Convenience and Flexibility
Faster Degree Completion
Lower Cost
*Employees have rewarded the Lumerit Scholar, Central Registrar’s
Office with a world class Net Promoter Score (NPS) of 80.
31. Summary
● The macro trends shaping higher education align incredibly
well with corporate learning needs.
● The CLO can play a significant role - aligning corporate
development needs with employee degree completion.
● A Global Digital Classroom offers opportunities for corporate
content contribution as well as significant employee
satisfaction and engagement.