05
06
RETHINKING EDUCATION
SYSTEMS
By one popular estimate 65%
of children entering primary
schools today will ultimately work
in new job types and functions
that currently don’t yet exist.
Technological trends such as the
Fourth Industrial Revolution will
create many new cross-functional
roles for which employees will
need both technical and social
and analytical skills. Most existing
education systems at all levels
provide highly siloed training
and continue a number of
20th-century practices that are
hindering progress on today’s
talent and labor market issues.
Two such legacy issues burdening
formal education systems
worldwide are the dichotomy
between Humanities and Sciences
and applied and pure training, on
the one hand, and the prestige
premium attached to tertiary-
certified forms of education–
rather than the actual content of
learning–on the other hand. Put
bluntly, there is simply no good
reason to indefinitely maintain
either of these in today’s world.
Businesses should work closely
with governments, education
providers and others to imagine
what a true 21st-century
curriculum might look like.
of children entering primary
school will work in jobs that
don’t exist today
-“Shift Happens”,
Scott McLeod and Karl Fisch
students will graduate from
Chinese universities in 2017
- World Economic Forum
is spent by universities on
construction annually across the
UK, nearly double the pace of
spending a decade ago
- The Economist
65%
£2.4
billion
8
million
INTERNATIONAL PARTNERSHIPS
Prestigious universities have been operating
overseas campuses for many years, but as
this trend expanded, some institutions found
it difficult to navigate the logistical, political,
and cost challenges involved in planting
their flags on foreign soil. In recent years,
the trend has been toward partnerships
with existing universities as a way to attract
students in those countries. The trend is also
becoming multi-directional. For instance,
Tsinghua University of Beijing – known as
the “MIT of China”– has worked with the
University of Washington in the U.S. to start
a graduate institute near Seattle that can
accommodate up to 3,000 students.
SUSTAINABILITY
Students are concerned about the
environment, and so universities are as well.
Advancement of Sustainability in Higher
Education (AASHE) reports that at least
330 U.S. institutions feature solar power
that collectively generate about 250,000
kilowatts. In addition, colleges increasingly
look to adaptive reuse of older buildings
rather than taking the un-ecological
approach of demolition and replacement.
As noted by the World Economic Forum,
consumers (and students alike) around
the globe are increasingly concerned with
a broad range of issues that impact their
decisions: impact on environment, carbon
footprint, labor standards, animal welfare,
and school’s ethical trade track record.
Growing universities erect
glitzy libraries, housing
blocks, and research
facilities to accommodate
new students; shrinking
ones do so in an effort to
turn the tide.
- The Economist, Feb 23, 2017
DAVID C. SMITH
Senior Research Director
Global Occupier Services
Americas
david.smith4@cushwake.com- An excerpt from World Economic
Forum’s Future of Jobs Report (2016)
DISRUPTION
CRAIG CASSELL
Executive Managing Director
Global Leader
Education Sector
craig.cassell@cushwake.com31