Meeting the Grand Challenges to Higher Ed: External Competition

It’s my guess that EDUCAUSE researchers Susan Grajek and Christopher Brooks purposely listed External Competition as the fourth Grand Challenge for higher education institutions to rise to overcome through a digital transformation. Understanding that the requirements for a digital transformation require digitization and digitalization as the first four steps is not enough, as they point out.

Meeting the Grand Challenges to Higher Ed: Financial Health

Of the four Grand Challenges to higher education, financial health is foremost among the minds of many traditional higher education institutions, particularly in the midst of the COVID-19 pandemic. Recently published articles and books call attention to the warning signs and at-risk metrics for traditional institutions that are financially troubled. For example, I’ve written about Robert Zemsky’s College Stress Test, Scott Galloway’s Value-to-Cost ratio and Vulnerability Score, and the Hechinger Report’s Financial Fitness Tracker.