Only a third of jobs in America require a college degree. Entry level jobs have shifted from manufacturing to service. And millennials are switching jobs eight times in their careers.
Companies spend $1.5 Trillion to train, retrain and develop employees — educating more people than any other part of the education ecosystem.
Meanwhile, most college students are also now working adults, and indeed most faculty are adjunct professors serving concurrently as trainers in a corporate role.
Yet there is almost no research done on efficacy of corporate learning and very little edtech innovation in what ought to be a “hot” market for innovation given its size and relatively lack of barriers to entry. Why?
- Mike Prokopeak*, Vice President/Editor in Chief, Human Capital Media Group
- Mordy Golding, LinkedIn
- Nick Howe, CLO, Area 9
- Mary McNevin, CLO, Signature Healthcare
- Bridget O’Connor, Professor, NYU
- Rahul Varma, Chief Talent & Learning Officer, Accenture