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A 2012 report by the McKinsey Center for Government found that a staggering 72% of education institutions genuinely believe that their recent graduates were fully prepared to enter the workforce. By a shocking contrast, a slim 45% of new hires and only 42% of employers agreed.
Another troubling report completed in 2012 by the McKinsey Global Institute estimates that by 2020 there will be a potential shortage of 38 million to 40 million college‐educated workers globally.
Why is this? The answer, unfortunately, is simple. The system is broken, leaving huge gaps in the Education to Employment arena.
Where some people see a problem, Knod sees an opportunity to break through the stagnation of the past and march towards the horizon.
As Clayton Christensen and Henry Eyring point out: “Costs have risen to unprecedented heights, and new competitors are emerging. A disruptive technology, online learning, is at work in higher education, allowing both for-profit and traditional not-for-profit institutions to rethink the entire traditional higher education model.”
Christensen, C. M., & Eyring, H. J. (2011). The innovative university: Changing the DNA of higher education from the inside out. John Wiley & Sons.
The quality of any degree awarded at the end of the education process will be driven by 4 primary factors:
Innovations in Content and Delivery are very valuable to the accessibility and affordability issues in the current environment. Cheap and convenient has done almost nothing to improve the quality of the outcomes; addressing the affordability problem, but not addressing the relevance problem.
Very little investment is being made in Pedagogy, particularly experiential learning methods. Improving the learning method will have a multiplier effect on the quality of the outcomes in comparison to the arithmetic relationship of content and delivery.
Almost no investment is being made in terms of Relevance innovation, yet it has an exponential power to improve outcomes. This is where Knod excels.
Source: Venture capital and education: a visual history of the past decade. Infographic. 2012
Irrelevance is a growing cause of the mismatch between society’s needs and education outcomes. This is due in part to the dynamic that educational systems are independent and disassociated with the “real world”, exacerbating the issue of growing unemployment amongst college graduates.
Engaging employers in the learning experience as early as the first quarter or semester is ideal. Having multiple experiences working on projects in a real world work environment is effective because of the repetition and opportunity for skill mastery.
“How do we give the Internet generation the education the need to succeed in the world? The young people are in the process of figuring out how to live in a brand new context... We are living in this world wide experiment to define the word of future where everyone is a node in the network.”
Marc Prensky, thinker, writer, consultant, "Digital Natives" concept creator.
The Knod Learning Method is a synthesis of instructional design research and decades of first-hand experience implementing collaborative Project-Based-Learning (PBL) in higher education.
A Knodafied course is the same accredited course in terms of the syllabus and outcomes; however, the course will have students being put into teams and starting to work on projects during the first week of every term.