The Learning Economy:5 Global Trends Every CLO Should be Watching

David Blake, Founder and CEO

Agenda

I. 35 mins: 5 Global Trends

II. 10 mins: Q&A

1. The Exponential Knowledge & Content Curve

2. EdTech Funding Tops $1 Billion

3. Informal & Lifelong Learning

4. Competencies, Skills & Credentials

5. The Evolution & Future of Tools

CONTENT HAS EXPLODED. COMPLEXITY HAS RISEN.

LEARNERS ARE MORE AUTONOMOUS.

LEARNER-FIRST CULTURES OF LEARNING WILL WIN.

TL;DR

Intro

In times of change learners inherit the earth; while the learned find

themselves beautifully equipped to deal with a world that no longer

exists.

ERIC HOFFER

Trend 1:The Exponential Knowledge & Content Curve

Buckminster Fuller

Knowledge Doubling Curve

1900 20001950

Until 1900 human

knowledge doubled

approximately every

century.

By 1945 knowledge

was doubling every 25

years.

Currently, on average

human knowledge is

doubling every 13

months.

IBM predicts the build

out of the “internet of

things” will lead to the

doubling of knowledge

every 12 hours.

Trend 1: Exponential Knowledge & Content Curve

Trend 1: Exponential Knowledge & Content Curve

Trend 1: Exponential Knowledge & Content Curve

Google Search Data

Trend 1: Exponential Knowledge & Content Curve

~250,000Courses Available Online

1,000+Online Course Providers

Paid: 56.1%

Subscription: 6.2%

Free: 37.8%

Takeaway The Best Content is Spread Across the Ecosystem. Learners have a wealth of options.

Trend 2:EdTech Funding Blasts Past $1+ Billion

Trend 2: EdTech Funding Tops $1 Billion

Takeaway No Slowing in Sight. The Growth of the Learning Ecosystem is Accelerating.

Funding ($M)

Deals

$63M

$135M

https://cbi-blog.s3.amazonaws.com/blog/wp-content/uploads/2015/01/edtechfundingrecord.jpg

$32M

$186M

Trend 3:Informal & Lifelong Learning

Trend 3: Informal & Lifelong Learning

Trend 3: Informal & Lifelong Learning

Trend 3: Informal & Lifelong Learning

Takeaway No Slowing in Sight. World of Learning Ecosystem in growing and accelreating.

Trend 4:Competencies, Skills, Credentials

Trend 4: Competencies, Skills, and Credentials

13,370,820College Student who won’t Graduate

126,616,840Courses completed annually by that cohort

$208,202,171,099Spent on tuition annually by that cohort

http://nces.ed.gov/fastfacts/display.asp?id=7; http://nces.ed.gov/programs/digest/d11/tables/dt11_196.asp

Trend 4: Competencies, Skills, and Credentials

On average, 60.8% of working professionals say

they would spend more time on informal learning if it

was tracked and given professional credit.

Survey conducted by Degreed of a random sample via Google Survey; 200 respondants

Trend 4: Competencies, Skills, and Credentials

Q: Would you value a more holistic credential that measures all of your academic,

professional, and informal learning experiences

A: Yes…

Have a Bachelors

Degree

Have an Advanced

Degree

52.1%30.5% if free 21.6% would pay

22.9%18.5% if free 4.4% would pay

Survey conducted by Degreed of a random sample via Google Survey; 200 respondants

Trend 5:Evolution & Future of Tools

Trend 5: Evolution & Future of Tools

Increased Complexity Requires Tools to Manage

Google Search Data

Trend 5: Evolution & Future of Tools

http://secrets.thestarrconspiracy.com/hs-fs/hub/372148/file-967265930-pdf/assets/TSCIU_Enterprise-Learning-Buyer-2014.pdf

minus -34NPS of “primary or favorite LMS”

29%Cite end-user experience as terrible

15%CLO’s, VP’s & Directors believe need a new

generation of tools are required to get the job done

Intro

In the long run, the only sustainable competitive advantage

is your organization’s ability to learn faster than the competition.

PETER SENGEDirector of Organizational Learning at MIT Sloan

Leverage the Entire Learning Ecosystem

Find. Track. Purchase.

Q&A

If you’d like to learn more:

Visit get.degreed.com

Email info@degreed.com

Phone(415) 935-3543

Follow @degreed