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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.com

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