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Drumm McNaughton speaks with Brent Miller, Higher Education Market Sector Leader at HED, about how institutional leaders are creatively structuring major projects through P3s, donor partnerships, and local bonds, while managing long-term costs and aligning with campus missions.
After all, students who lack a solid background in calculus and statistics are not only closed out of programs in business analytics and financial technology, engineering, epidemiology and health informatics, machine learning and the quantitative social sciences, but even medical, dental and nursing school.
The topics covered included student success, budget models, change management, and more. Projects addressed topics such as program review, data strategy, budget models, enrollment growth, and more. Below are a few of the key themes that appeared in multiple capstone projects from past participants.
So there’s a real paradigm shift among institutional staff, faculty. But currently, right, the whole system is based on credit, everything about it, faculty are paid, how courses are scheduled, how financial aid is distributed. There’s policies. Maybe I want to move up. One example is automotive technology.
About Our Podcast Guest Max DesMarais runs the digital marketing strategy and paid advertising departments at Vital, managing online marketing activity and processes for a wide variety of clients – including Vital’s own marketing department. Drumm McNaughton is the founder, CEO, and Principal Consultant at The Change Leader, Inc.
He went on to chair MIT Sloan School’s Department of Economics, Finance and Accounting; then became Deputy Dean of the school; and eventually serve for three years as the Chief Economist for the Security and Exchange Commission of the United States before returning to MIT. That which doesn’t get measured doesn’t get managed.
Her leadership revolves around integrity and empowering GVSU’s faculty and staff to drive its success. Absolutely. [00:07:56] Drumm: And so with this view of employers and the public value of higher education, we’ve been stuck in doing it a certain way, from a faculty perspective, it’s always been the sage on the stage.
This technology might simplify content creation to meet academic standards while keeping faculty in control of what’s taught. This situation underscores the importance of having robust processes and skillsets in place to manage the challenges posed by these three mega-trends in the EdTech market. Blow me away as you always do. [00:33:04]
These partnerships also facilitate research opportunities, enabling students and faculty to contribute to technological advancements. They partner with our senior design students and faculty advisors to work on real-world problems and provide access to equipment. 00:42:53] Jabal has a longstanding scholars program.
That type of student participation continues the top-down decision-making management chain that characterized the late 1900s. With that said, Koldus also modeled how faculty and advisors should oversee students involvement in these organizations.
Whereas we have great partners like Shio, who are thinking about leveraging higher education pathways and some really specific sort of financing and data implementation. But we’re avoiding talking to faculty about a lot of this stuff in the early stages. It’s the faculty. And they’re great partners of ours.
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