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Strengthening the Business Case for Learning in the New Economic Reality

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In this new economic reality, learning organizations are forced to maximize ROI for tuition assistance and other programs. When the power of technology is paired with the innovation that emerges from “networking,” it becomes much easier to make the business case for these programs. Hear from Lloyd Peterson, vice president of education at Tuition Advisory Services, about the ways in which organizations have used counseling and networks of providers to increase the impact of tuition programs while reducing overall spend. Lloyd Peterson, Vice President of Education, Tuition Advisory Services
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Strengthening the Business Case for Learning in the New Economic Reality PRESENTED BY LLOYD PETERSON, VICE PRESIDENT, EDUCATION TUITION ADVISORY SERVICES APRIL 13, 2010 © Bright Horizons 2008 Sponsored by University of Phoenix Strategic and Academic Alliances
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Page 1: Strengthening the Business Case for Learning in the New Economic Reality

Strengthening the Business Case for Learning in the New Economic Reality

PRESENTED BYLLOYD PETERSON, VICE PRESIDENT, EDUCATION

TUITION ADVISORY SERVICES

APRIL 13, 2010

© Bright Horizons 2008

Sponsored by University of Phoenix Strategic and Academic Alliances

Page 2: Strengthening the Business Case for Learning in the New Economic Reality

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Workshop Agenda

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Importance of 21st Century Networking

21st Century Networking is now Re-Defined:

Moved beyond machine to machine

No Longer:• Technology and Education or• Business and Technology or• Education and Business

Education and Business and Technology

Page 4: Strengthening the Business Case for Learning in the New Economic Reality

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Networking Challenges

Companies slow to partner with traditional colleges:

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Networking Challenges

Companies slow to partner with online education

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General Corporate Challenges

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Demographics

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New Era of TechnologyTechnology Breathes New Life into Corporate Learning

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Competitive in 21st Corporate AmericaTo Maintain Competitive Edge

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Tuition Management: BackgroundTuition Management Programs

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Administer program (processing, registration, reimbursement):

best use of staff time?

Tracking ROI / utilization: who's responsibility?

Credentialing

Research & Referral

Tuition Management: Traditional Model

Administration

Page 12: Strengthening the Business Case for Learning in the New Economic Reality

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Tuition Management: Transition No longer “Business as Usual”

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Managing Education: A New Paradigm Shift

The Medici Effect and the power of networking…

Networking Re-Defined

When Business, Education, and Technology Intersect

Impact on the Corporate Learning Culture

Page 14: Strengthening the Business Case for Learning in the New Economic Reality

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Managing Education: A New Paradigm Shift Holistic Strategic Investment

Learning Centric Approach

Internal & External Management Responsibilities

Company-Wide Impact Beyond Tuition Management

…a new way of thinking about education

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Tuition Advisory Services: New Model

Three-pronged approach

Multi-faceted approach to academic and career

planning. Personalized counseling that guides employees to the most appropriate and cost effective program of

study.

Educational Advising

Accredited schools provide employer

with discounts, dedicated liaison and customer

programs.

Managed Provider Network

Configured, web-enabled solution that provides employees with 24/7 access. On-demand

reports enable employers to measure ROI and

manage spend strategically.

Tuition AssistanceAdministration

1 2 3

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Page 16: Strengthening the Business Case for Learning in the New Economic Reality

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Holistic ApproachAdministration: Internal Management

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Holistic Approach

Educational Advising: Bridging Internal and External

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Holistic ApproachManaged Provider Network: External Management

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Education Management: The Business Case The Medici Effect and Learning Programs!

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Education Management: New Paradigm ShiftChief Learning Officer: Golden Opportunity

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Thank You & Questions


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