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Universities of the Future: A Report

An Ernst & Young report looks at the Australian universities and come to interesting conclusions. The British universities, which look at their Australian counterparts with envy these days, may take note of this: The report offers some insights which may have universal significance, and universities all over the world, barring the few at the top of the pyramid, may have to reassess their strategies in the rapidly changing context of today's Higher Education. In summary, the report points to five disruptive forces that confront what it calls a 'thousand year old industry' (though many in Britain will be affronted by the 'i' word): First, 'democratization of knowledge and access' , which means not just the MOOCs, but more fundamentally, Google, and YouTube, and the like; as well as the expansion of Higher Education systems in the developing world, based on the emerging consensus on Higher Education as the key to good life. Second, 'contes...