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Author : Melody Rose
Publisher :
ISBN 13 : 9781951635121
Total Pages : pages
Book Rating : 4.6/5 (351 download)
Download or read book Higher Education Business Models Under Stress written by Melody Rose and published by . This book was released on 2021-08-27 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Morgan R. Clevenger
Publisher : Emerald Group Publishing
ISBN 13 : 1787546551
Total Pages : 312 pages
Book Rating : 4.7/5 (875 download)
Download or read book Business and Corporation Engagement with Higher Education written by Morgan R. Clevenger and published by Emerald Group Publishing. This book was released on 2019-01-18 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Multiple scholars and practitioners provide models and theories to understand the inter-organizational relationships between businesses and higher education. This work illuminates the complexities, expectations and long-term impact of such relationships.
Author : Mark A. Kretovics
Publisher : Routledge
ISBN 13 : 0429773986
Total Pages : 288 pages
Book Rating : 4.4/5 (297 download)
Download or read book Business Practices in Higher Education written by Mark A. Kretovics and published by Routledge. This book was released on 2019-10-08 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new edition of Business Practices in Higher Education helps readers understand the true nature of higher education and appreciate how the academy effectively incorporates business practices into everyday work lives. The authors apply business concepts and models and explain how they can be leveraged to improve the overall efficiency and effectiveness of higher education institutions. Useful examples from a wide range of institutions—including small private college, large public universities, and community colleges—address macro-level higher education and student population issues, while also addressing micro-level issues for individual institutions or students. Business practices are critical to the academic, student affairs, and administrative sides of higher education. This book offers aspiring higher education and student affairs professionals an understanding of the fundamental business practices of colleges and universities. New in this edition: Updated coverage of current practice and research New chapters on accounting, strategic planning, and fundraising End-of-chapter questions for discussion
Author : David W. Breneman
Publisher : Edward Elgar Publishing
ISBN 13 : 1849809615
Total Pages : 225 pages
Book Rating : 4.8/5 (498 download)
Download or read book Smart Leadership for Higher Education in Difficult Times written by David W. Breneman and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: In an era of sound bites, Smart Leadership for Higher Education in Difficult Times provides an outstanding analysis of the context in which today s colleges and universities operate. The essays are thought provoking, insightful and valuable for preparing our institutions for an uncertain future. Through case studies and personal experience, contributors challenge readers to reflect on our own institutions and re-imagine higher education. Graham B. Spanier, The Pennsylvania State University, US Smart Leadership for Higher Education in Difficult Times makes the case that bridging the time from recession to recovery with typical belt-tightening tactics, without a strategy for fundamental change in the higher education business model, is a formula for failure. Globalization, changing demographics, evolving technology and jobs of the future are only beginning to impact the business of higher education. These trends, combined with the lingering effects of constrained revenue, are the building blocks of a new business environment. Reading this book will jump-start your thinking about how innovation, reorganization, prioritization and strategic investing are necessary for institutional success. John Walda, National Association of College and University Business Officers, US In response to falling state support, limited returns from endowments and increasing costs, colleges and universities have turned to examinations of the mission of higher education and new ways in which its missions can be achieved. Two of the many provocative insights described in this series of papers concern the permanent nature of change in the economic, demographic and competitive environment, and the need for more creativity and innovation. Risa Palm, Georgia State University, US Smart Leadership for Higher Education in Difficult Times offers positive ideas and encouragement from some of the leading thinkers and doers in higher education about how to lead proactively in response to the sobering challenges now facing colleges and universities economic stagnation; the completion imperative; rapid demographic changes; global competition; the stunning pace of technological change; and the tensions among affordability and the stubborn growth in college unit costs. William Zumeta, University of Washington and Association for the Study of Higher Education, US As the US economy emerges from the severest recession in a generation, large questions regarding its long-term ramifications for higher education remain unanswered. In fact, the harshest effects of the economic downturn are likely ahead as campus leadership focuses on enrollment, affordability and fundraising. This volume of essays examines the challenges and opportunities for advancing higher education s core missions of education, research and service in a resource-constrained environment. Many parties will wish to return to the old normal, but fulfilling the mission of higher education will require implementing change in the face of opposition, gaining support from key stakeholders, and maintaining morale in the process. The new normal entails innovating to meet the needs for higher education among a growing population of potential students from disadvantaged socioeconomic backgrounds, many of whom are ill-prepared for a college education and unaware of how to access it, and a population of mid-career students seeking to retool or reinvent themselves for the labor market. The economic success of both individuals and the US economy are directly dependent upon increasing the share of the population receiving a higher education. Chapter authors include college and university presidents and chancellors, and other senior administrators and thought leaders from the higher education community. They provide new and actionable information to enhance decision-making and inform strategic planning as well as a contemporary examination of the business of higher education and areas of potential new research.
Author : James Martin
Publisher : JHU Press
ISBN 13 : 080189882X
Total Pages : 324 pages
Book Rating : 4.8/5 (18 download)
Download or read book Turnaround written by James Martin and published by JHU Press. This book was released on 2009-01-01 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nearly one thousand colleges and universities in the United States face major challenges—from catastrophic hurricanes to loss of accreditation to sagging enrollment. What can leaders of such at-risk institutions do to improve their situation? Turnaround gives college and university leaders the tools they need to put their fragile institutions back on a path to success. This comprehensive handbook outlines how board members, presidents, and administrators can identify their institutions' weaknesses, implement plans for improvement, and mitigate existing damage. Turnaround also identifies the legal pitfalls that often accompany institutional change, offering solutions for how to overcome such obstacles or avoid them altogether. Evaluating the experiences of two hundred college leaders, the contributors share such critical information as: • 20 indicators of institutional vulnerability • 10 necessary skills for presidents directing a turnaround • 5 characteristics of institutions that have completed successful turnarounds • 10 lessons of successful turnarounds Featuring candid advice from decision makers who have faced severe challenges, Turnaround is a valuable resource for college and university leaders facing tough times.
Author : John C. Knapp
Publisher : Praeger
ISBN 13 : 0313353506
Total Pages : 0 pages
Book Rating : 4.3/5 (133 download)
Download or read book The Business of Higher Education written by John C. Knapp and published by Praeger. This book was released on 2009-10-22 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: At a time of great economic uncertainty, The Business of Higher Education looks at the pros and cons of colleges and universities taking a more business-like approach to fulfilling their missions. How can colleges and universities navigate their way between shrinking commitments and the increasing expectations of their students? Does the answer lie in taking a more business-like approach? This extraordinary resource considers the costs and benefits to both public and private institutions and to society when academe embraces business models for improving cost-efficiency, marketing, hiring practices, and customer service. Bringing together a diverse team of contributors from the academic and business worlds, The Business of Higher Education offers 35 essays in three volumes. The first volume explores issues of leadership and culture, the second focuses on management and fiscal strategies, and the third volume takes up issues of marketing and consumer interests. Throughout, the work balances the contrasting perspectives of those within the academy and those outside of it, as it considers whether higher education and the public interest are ultimately helped or harmed by the application of business methods to essential academic functions.
Author : Mark A. Kretovics
Publisher : Routledge
ISBN 13 : 1136878920
Total Pages : 409 pages
Book Rating : 4.1/5 (368 download)
Download or read book Business Practices in Higher Education written by Mark A. Kretovics and published by Routledge. This book was released on 2011-02-15 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business Practices in Higher Education is a breakthrough guide offering higher education and student affairs professionals an understanding of the fundamental business nature of colleges and universities. The author discusses the practical applications of business concepts and models and how these applications can contribute to the overall efficiency and effectiveness of higher education institutions. Useful examples from a wide range of institutions—including small privates, large publics, and community colleges—illustrate these concepts. This professional guide is organized into the following four sections: Environment and Structure Finance and Funding People and Processes Perspectives on the Future Business practices pervade the academic, student affairs, and administrative sides of higher education. This book affords readers a greater understanding of the true nature of higher education and an appreciation for how the academy effectively incorporates business practices into everyday work lives.
Author : R. Clark
Publisher : Edward Elgar Publishing
ISBN 13 : 184720287X
Total Pages : 229 pages
Book Rating : 4.8/5 (472 download)
Download or read book The New Balancing Act in the Business of Higher Education written by R. Clark and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: . . . the stature of the authors, who include prominent university presidents and chancellors as well as leading researchers on the business of higher education, makes this a worthwhile read. Not to be missed are the chapters on how three Virginia universities are redefining what it means to be a public university, and an interesting and provocative look at the looming financial crisis in higher education and how it can best be addressed. Highly recommended. F. Galloway, Choice The New Balancing Act in the Business of Higher Education is a must read for higher education leaders. It captures the major challenges of balancing enhancement of revenues to sustain mission and core values with containing costs to keep tuition for students affordable. At the same time, given the changing nature of the faculty, colleges and universities must respond by developing more flexibility within faculty careers. And presidents must lead their institutions through transformative changes that require trust and credibility among the stakeholders. Now is the time for strong, collaborative and decisive leadership. Claire Van Ummersen, Vice President and Director, American Council on Education, US This volume is an important read for those responsible for working through an environment in which change is the one true constant. Richard D. Legon, President, State Higher Education Executive Officers, US The New Balancing Act in the Business of Higher Education clearly indicates the world s finest system of higher education (as we have so long claimed) is undergoing an identity crisis. Stan Ikenberry begins by pointing with alarm to an eroding social compact , the once well-understood reciprocal responsibilities between higher education and society. Then other leaders, in a series of thoughtful essays, outline the dimensions of our situation. They warn of the risks of pursuing new revenues without a firm grasp on core values, and explore the challenges of rebuilding trust, the centrality (and growing marginalization) of faculty academic leadership, the pernicious effects of inertia, the urgency of innovation and change, and the evidence of successful leadership and adaptation. Global forces have made success in higher education indispensable to almost all of the American people. Without compromising on quality, the nation needs substantially more widespread educational attainment. We are in a crisis; business as usual is entirely unacceptable. The New Balancing Act in the Business of Higher Education is a step beyond denial, toward essential change. Paul E. Lingenfelter, State Higher Education Executive Officers, US The nation s leadership in higher education is on the line, and colleges and universities need tools and insights to remain competitive. The New Balancing Act in the Business of Higher Education should be part of their toolkit. Travis Reindl, Director of State Policy Analysis and Assistant to the President, American Association of State Colleges and Universities, US In The New Balancing Act in the Business of Higher Education, senior insiders and noted scholars assess the economic conditions facing America s universities and colleges in the 21st century. The picture they paint is not bright. In forthright and unflinching but far from despondent language, the authors consider many important issues that must be addressed even as they are often (wishfully) overlooked: stagnating college enrollment rates; the need for cost containment and systemic reorganization; institutional inertia; contingent and contract faculty; and the decline in state funding. This volume is full of useful insights and clear interpretations to aid policymakers and scholars in shaping a more optimistic future for higher education in the US. Clive R. Belfield, Queens College, City University of New York, US This volume, part of the TIAA-CREF Institute Series on Higher Education, is based on a national conference, The New Balancing Act in the Business of Hig
Author : Robert Zemsky
Publisher : JHU Press
ISBN 13 : 142143704X
Total Pages : 167 pages
Book Rating : 4.4/5 (214 download)
Download or read book The College Stress Test written by Robert Zemsky and published by JHU Press. This book was released on 2020-02-25 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an insightful analysis of the market stresses that threaten the viability of some of America's colleges and universities while delivering a powerful predictive tool to measure an institution's risk of closure. In The College Stress Test, Robert Zemsky, Susan Shaman, and Susan Campbell Baldridge present readers with a full, frank, and informed discussion about college and university closures. Drawing on the massive institutional data set available from IPEDS (the Integrated Postsecondary Education Data System), they build a stress test for estimating the market viability of more than 2,800 undergraduate institutions. They examine four key variables—new student enrollments, net cash price, student retention, and major external funding—to gauge whether an institution is potentially at risk of considering closure or merging with another school. They also assess student body demographics to see which students are commonly served by institutions experiencing market stress. The book's appendix includes a powerful do-it-yourself tool that institutions can apply, using their own IPEDS data, to understand their level of risk. The book's underlying statistical analysis makes clear that closings will not be nearly as prevalent as many prognosticators are predicting and will in fact impact relatively few students. The authors argue that just 10 percent or fewer of the nation's colleges and universities face substantial market risk, while 60 percent face little or no market risk. The remaining 30 percent of institutions, the authors find, are bound to struggle. To thrive, the book advises, these schools will need to reconsider the curricula they deliver, the prices they charge, and their willingness to experiment with new modes of instruction. The College Stress Test provides an urgently needed road map at a moment when the higher education terrain is shifting. Those interested in and responsible for the fate of these institutions will find in this book a clearly defined set of risk indicators, a methodology for monitoring progress over time, and an evidence-based understanding of where they reside in the landscape of institutional risk.
Author : Madeleine d'Ambrosio
Publisher : Edward Elgar Publishing
ISBN 13 : 1847208592
Total Pages : 141 pages
Book Rating : 4.8/5 (472 download)
Download or read book Transformational Change in Higher Education written by Madeleine d'Ambrosio and published by Edward Elgar Publishing. This book was released on 2007 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a compelling and important text that presents both the complexity and the barriers confronting higher education in this global moment. Solutions will prize innovation, resilient leadership unifying diverse campus subcultures, and most certainly intellectual and academic integrity. This text begins to outline the new agenda. Richard Guarasci, Wagner College, US In Transformational Change in Higher Education, the TIAA-CREF Institute has brought together some of today s best minds to address the issues that every educational leader and policy maker should be thinking about. The topics range from financing to competition to financial aid to costs and pricing to faculty turnover to accountability to the roles presidents and boards must play. Lessons in transformation are provided by respected leaders from all segments of higher education. George R. Boggs, American Association of Community Colleges, US This is essential reading for everyone who cares about the future of higher education and is a priceless reference for those who are its leaders. The conversations not only cover each issue from a national perspective but also consider the specific strategies that have been employed by individual institutions to address it. Thus the volume is at the same time both reflective and practical. Sharon P. Smith, University of Pittsburgh at Greensburg, US This volume delves into the financing of institutional operations with entrepreneurial leaders and is a useful addition to any university administrator s reading list if they are struggling with modern financial challenges. David W. Pershing, University of Utah, US The volume, part of the TIAA-CREF Institute Series on Higher Education, is based on a national conference, Transformational Change in Higher Education: Positioning Your Institution for Future Success, which was convened by the TIAA-CREF Institute in November 2006. This unique volume discusses the management of transformational change in higher education as a key element of success. With input from researchers, presidents, provosts, and other senior leaders of the higher education community, this edited volume explores transformational change in a range of institutions from small teaching and community colleges to large comprehensive research universities. The role of entrepreneurial leaders and their interactions with trustees, policymakers and the public, are discussed, as are strategic issues such as financing college and university operations and student access, as related to pricing. The editors maintain that managing change in these areas impacts both an institution s balance sheet and ultimate success in realizing its vision. In this book, higher education presidents, chancellors, provosts, CFOs and governing boards will find new and actionable information to enhance decision-making and inform strategic planning. Association leadership will be provided with a deeper understanding of the challenges faced by their membership and possible responses. Researchers and practitioners in education, public policy, business, management and entrepreneurship interested in the business of higher education will find much of value.
Author : Stewart E. Sutin
Publisher : Rowman & Littlefield
ISBN 13 : 1475821107
Total Pages : 217 pages
Book Rating : 4.4/5 (758 download)
Download or read book Strategic Transformation of Higher Education written by Stewart E. Sutin and published by Rowman & Littlefield. This book was released on 2016-09-23 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategic Transformation of Higher Education examines the broken revenue-driven business model characteristic of higher education in an environment that demands greater access, more affordable tuition, accountable leaders, and faculty who deliver a consistently high quality of relevant education. The authors demonstrate that enduring business models must support institutional academic missions and that they are integral to systemic and strategic transformation by diagnosing the case for change and offering a practitioners’ guide for reform. This book surveys deficient government education policies, practices and funding formulas of select countries and offers remedies. It identifies impediments to change, along with ways to develop and deliver evidence-based solutions to improve institutional effectiveness and operating efficiencies, and it cites exemplars of change in these areas. Special attention is given to leadership attributes requisite of driving institutional redesign and to a paradigm shift that calls for transition from knowledge creation to plan implementation. Strategic Transformation of Higher Education emphasizes a collective need for reflection, a will to consistently question prevailing assumptions, and the courage to afford practical application to innovation.
Author : John "Jack" Hampton
Publisher : Rowman & Littlefield
ISBN 13 : 1475861699
Total Pages : 125 pages
Book Rating : 4.4/5 (758 download)
Download or read book Resolving the Crisis in Higher Education written by John "Jack" Hampton and published by Rowman & Littlefield. This book was released on 2021-07-14 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: Resolving the Crisis in Higher Education: The Key Role of Business Continuity Planning asks and answers probing questions affecting higher education in the post-COVID-19 educational landscape. The book examines whether private universities, particularly liberal arts colleges, have viable business models and discusses the risk posed by a faulty business model. It fits a liberal arts foundation into a sustainable value chain for a university and shows how business continuity planning (BCP) can help a university to achieve long-term sustainable operation. It also recommends goals, composition, and successful practices for a business continuity planning task force. Ultimately, this book creates a pathway to build viable undergraduate degrees on a liberal arts foundation. It concludes with authority, responsibility, and accountability in business continuity planning.
Author : Clayton M. Christensen
Publisher : John Wiley & Sons
ISBN 13 : 1118091256
Total Pages : 287 pages
Book Rating : 4.1/5 (18 download)
Download or read book The Innovative University written by Clayton M. Christensen and published by John Wiley & Sons. This book was released on 2011-06-24 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Innovative University illustrates how higher education can respond to the forces of disruptive innovation , and offers a nuanced and hopeful analysis of where the traditional university and its traditions have come from and how it needs to change for the future. Through an examination of Harvard and BYU-Idaho as well as other stories of innovation in higher education, Clayton Christensen and Henry Eyring decipher how universities can find innovative, less costly ways of performing their uniquely valuable functions. Offers new ways forward to deal with curriculum, faculty issues, enrollment, retention, graduation rates, campus facility usage, and a host of other urgent issues in higher education Discusses a strategic model to ensure economic vitality at the traditional university Contains novel insights into the kind of change that is necessary to move institutions of higher education forward in innovative ways This book uncovers how the traditional university survives by breaking with tradition, but thrives by building on what it's done best.
Author : Attila Pausits
Publisher : Waxmann Verlag
ISBN 13 : 9783830968764
Total Pages : 188 pages
Book Rating : 4.9/5 (687 download)
Download or read book Higher Education Management and Development in Central, Southern and Eastern Europe written by Attila Pausits and published by Waxmann Verlag. This book was released on with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Christopher Shults
Publisher : Rowman & Littlefield
ISBN 13 : 1475850743
Total Pages : 249 pages
Book Rating : 4.4/5 (758 download)
Download or read book Reinventing the Community College Business Model written by Christopher Shults and published by Rowman & Littlefield. This book was released on 2020-03-23 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: Community colleges were established to provide an accessible, affordable education and have largely met this charge. Access without success, however, does not benefit the student and traditional planning, operational and financial management, and infinite enrollment growth strategies have not produced positive student outcomes. The Great Recession, disinvestment in higher education, and increasing costs and competition have further exacerbated the inability to deliver better results. Community colleges need an operational framework structured for student success. The community college needs a redesigned business model. This publication breaks new ground by introducing the community college business model (CCBM), an intentionally designed operational management approach that provides a comprehensive approach to understanding students and meeting student needs by providing an exceptional educational experience. Supported by a fiscal management that targets finances to support student learning and success, the model guides the reader through the growth, development, and leveraging of the resources (human, physical, and intellectual) necessary for delivering a successful educational journey. The CCBM is designed to restructure community colleges for delivery of a student value proposition built on learning and success. The philosophical underpinning of the book is that student success is the ultimate measure of organizational effectiveness.
Author : William F. Massy
Publisher : JHU Press
ISBN 13 : 1421418991
Total Pages : 305 pages
Book Rating : 4.4/5 (214 download)
Download or read book Reengineering the University written by William F. Massy and published by JHU Press. This book was released on 2016-03-15 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Higher education expert William F. Massy’s decades as a professor, senior university officer, and consultant have left him with a passionate belief in the need for reform in America’s traditional universities. In Reengineering the University, he addresses widespread concerns that higher education’s costs are too high, learning falls short of objectives, disruptive technology and education models are mounting serious challenges to traditional institutions, and administrators and faculty are too often unwilling or unable to change. An expert microeconomist, Massy approaches the challenge of reform in a genuinely new way by applying rigorous economic principles, informed by financial data and other evidence, to explain the forces at work on universities and the flaws in the academic business model. Ultimately, he argues that computer models that draw on data from college transaction systems can help both administrators and faculty address problems of educational performance and cost analysis, manage the complexity of planning and budgeting systems, and monitor the progress of reform in nonintrusive and constructive ways. Written for institutional leaders, faculty, board members, and policymakers who bear responsibility for initiating and carrying through on reform in traditional colleges and universities, Reengineering the University shows how, working together, administrators and faculty can improve education, research, and affordability by keeping a close eye on both academic values and the bottom line. "Massy's in-depth yet highly accessible analysis is a must-read for any academic leader."—Academic Leader "William Massy is a complex, deeply knowledgeable man: half hopeless romantic about the value and high purposes of higher education and half pragmatic engineer focused on costs, efficiency, and metrics. That combination proves to be just right for this wise and insightful book."—Michael S. McPherson, The Spencer Foundation "Reengineering the University spells out the efforts that William Massy has made throughout his extraordinary career to develop models to aid academic institutions in improving their cost efficiency and academic quality. Written in clear and concise form, academic administrators and faculty concerned about the future of their institutions should read it."—Ronald G. Ehrenberg, Cornell Higher Education Research Institute "This book is a game changer. It cogently deals with the problem of long-term sustainability of universities by addressing the core problems of quality in relation to cost and margin. Massy builds a strong case for his 'reengineering tools' which any university leader would find remarkably helpful in tackling critical issues of quality-conscious cost containment."—Paula Myrick Short, University of Houston "Reengineering the University is a tough love prescription for making the nation's colleges and universities more affordable by reengineering them to be more efficient. It is Bill Massy at his best."—Robert Zemsky, Founder of the Institute for Research on Higher Education at the University of Pennsylvania "Only Bill Massy could provide this perspective on an extraordinary moment in higher education, offering leaders a variety of adaptive tools and methods to engage this moment and strengthen the important work of creating sustainable futures for our universities."—John J. DeGioia, Georgetown University William F. Massy, a higher education consultant, is professor emeritus of education and business administration and a former vice president and vice provost at Stanford University. The author of Honoring the Trust: Quality and Cost Containment in Higher Education, he is the former president of the Jackson Hole Higher Education Group.
Author : Jessica Lichy
Publisher : Cambridge Scholars Publishing
ISBN 13 : 1443882879
Total Pages : 140 pages
Book Rating : 4.4/5 (438 download)
Download or read book Advanced Business Models in International Higher Education written by Jessica Lichy and published by Cambridge Scholars Publishing. This book was released on 2015-09-18 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: The future of higher education depends on how managers respond to the challenge of rising costs, changing labour markets and new technologies. More people will follow some form of education programme in the next couple of decades than did previously in all of human history. Most of the capacity to accommodate this demand will be created in the global online environment. The shift in what is currently ‘valued’ in higher education (towards a knowledge-based economy) is driving the need for new business models. As the pace of change accelerates, education providers need to redefine their strategy for sustainable success. This volume presents the thinking of leading higher education researchers and academics from IDRAC Business School and partner universities regarding the new stakeholders in higher education systems and structures, and the kinds of business models which are needed in order to offer a sustainable value proposition. The articles gathered together here provide an insight into changes taking place in higher education institutions (HEIs) and the responses to such change. They underscore the belief that pervasive technology and ubiquitous Internet access have transformed higher education, putting pressure on HEIs to review their traditional approach in order to deliver anywhere, any ware, and any time. HEIs have a critical role to play in society; the onus is on managers to integrate a philosophy of employability, to support small and medium-sized enterprises to be smarter, and to be more innovative as communities of learning. Both the popular press and academics have initiated debate around the changes taking place and the effectiveness of current business models in higher education. The weaknesses of the current system have been exposed and discussed at length; the general consensus is that a rupture with the past is needed. Now is the time for systemic change and development to prepare learners for the uncharted and uncertain world ahead.
