MBA 101: You Didn't Know All This

Sept. 14, 2008
. . .or if you did, you're probably some sort of futurist/HR specialist, and probably pretty hire-able. I found another cool slideshow presentation called Did You Know? on Slideshare (my newest online learning addiction). So much is changing so quickly ...

. . .or if you did, you're probably some sort of futurist/HR specialist, and probably pretty hire-able.

I found another cool slideshow presentation called Did You Know? on Slideshare (my newest online learning addiction). So much is changing so quickly these days that my business school curriculum is incorporating all these new tools (like Slideshare, YouTube, blogs and wikis) to keep up with both the content and the technology used to deliver it.

For instance, did you know:

China will soon become the number one English-speaking country in the world.

The U.S. Department of Labor estimates that today’s learner will have 10 to 16 jobs by age 38.

1 out of 4 workers today is working for a company for whom they have been employed less than 1 year.

More than 1 out of 2 are working for a company for whom they have worked less than 5 years.

According to former U.S. Secretary of Education, Richard Riley, the top 10 jobs that will be in demand in 2010 didn’t exist in 2004.

We are currently preparing students for jobs that don’t yet exist, using technologies that haven’t yet been invented, to solve problems we don’t yet know are problems.

In 2002 alone, Nintendo invested more than $140 million in research and development -- the U.S. Federal Government spent less than half as much on Research and Innovation in Education.

It is estimated that 1.5 exabytes of unique, new information will be generated worldwide this year.

That’s estimated to be more than the previous 5,000 years.

The amount of new technical information is doubling every 2 years.

For students starting a 4-year technical or college degree, this means that half of what they learn in their first year of study will be outdated by their third year of study.

By 2023, when 2nd graders will be just 23 years old & beginning their (first) careers it will take a computer valued at only $1,000 to exceed the capabilities of their human brain.

And, predictions are that by 2049, a $1,000 computer will exceed the computational capabilities of the human race.

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