Recommended: View in your browser
  2017/10/21

2016, 2nd Quarter Newsletter


Adrienne Way, President and CEO, Edcor
CEO Corner

TAP Fills Education and Workforce Readiness Gaps

Enroll, study, graduate and find a job – at least that’s the plan most students have when they begin their education. But it turns out that this plan might not be quite so straightforward for many people. The McGraw-Hill Education 2016 Workforce Readiness Survey, released this month, shows that many students enroll, study and graduate, but they don’t feel prepared for a career. Specifically, the report says:

• “Men are more likely than women (24 percent compared to 19 percent) to report that they feel “very prepared” for their careers, even though women are more likely to report that they are “satisfied” with their college experience (82 percent compared to 74 percent).
• “Arts and Humanities majors are more than three times as likely as other students to report that they feel “not at all prepared” for their careers (18 percent of Arts and Humanities majors, compared to less than 6 percent of all other students).
• “Students in STEM majors are the most likely to report that they are optimistic about their career prospects (73 percent), while students in Arts & Humanities and in Social Science majors are the least likely (61 percent of each).”

Rather than viewing this as a failure of the higher education system, or a foreshadowing of doom and dark times for business and industry, forward thinking businesses will see this as an opportunity and a need for positive momentum. The global market demand for improved products and services is creating opportunities for businesses to improve technology, products and delivery systems. What graduates learned during their time in school will need to be continually updated and refined. For businesses this is an opportunity to invest in their workforce, help develop workforce readiness, and create a talent pool that can evolve. This is the opportunity to develop the workforce that uses current technology and also develops new.

The Deloitte and Manufacturing Institute report The skills gap in U.S. manufacturing: 2015 and beyond supports the need for businesses to take an active part in the continual education and workforce readiness of their workforce. The report states that over the next decade, because of economic expansion and baby boomer retirements, about 2.7 million jobs will need to be filled. Filling those jobs is crucial. “With CEOs and manufacturing executives around the world identifying talent-driven innovation as the number one determinant of competitiveness, it stands to reason the implications of such a shortage are significant and can have a material impact on manufacturers’ growth and profitability.” For example:

• 82 percent of executives responding to the skills gap survey indicate they believe the skills gap will impact their ability to meet customer demand
• 78 percent believe it will impact their ability to implement new technologies and increase productivity
• 69 percent of executives indicate the skills gap also impacts the ability to provide effective customer service
• 62 percent believe it affects the ability to innovate and develop new products48 percent believe it impacts the ability to expand internationally.

The value of a tuition assistance program increases as businesses need to overcome the limitations that skill gaps impose. Whether gaps are in technical skills or soft skills such as communication, developing workforce readiness of new and current employees is a natural component of planning for business growth and sustainability. The Deloitte report says that “Companies can harness this untapped potential to close the skills gap by thinking about their employees as a cluster of competencies – some being presently utilized and some latent. When manufacturing companies begin to source more positions from inside their walls, they help create a culture of development and growth.”

A strategic TAP program develops leaders from within and encourages employees to seek challenges and learn new skills. When employees are challenged and entrusted with responsibilities their engagement increases. Bureau of Labor Statistics show that the average worker stays at a job for 4.6 years. Offering growth opportunities, skill development, and leadership responsibilities is a beneficial to both the employee and business. Increasing employees’ tenure creates stronger working relationships resulting in increased teamwork and productivity.

Graduates report that a few changes, such as focus on career preparation and professional experiences, would have improved their educational experience and workforce readiness. These opportunities are natural components of Tuition Assistance Programs. If businesses consider necessary clusters of competencies this translates to career development plans for employees. Challenging opportunities are built into professional experiences on the job.

Continual education and up-skilling employees are built into strategic business plans for growth and development. A Tuition Assistance Program that fills in employees’ education gaps will also close businesses’ skills gaps. While there are many ways to stay at the forefront of rapidly changing markets, developing relevant skills and strong leadership from within, offers businesses growth and stability.

Adrienne Way, President & CEO



newsletter_banner650x181

Articles of Interest

Top 5 Study Tips for Online Students

Posted on June 22nd, 2016 by American Intercontinental University

Provided by American Intercontinental University – AIU If you’re an adult student seeking to pursue a degree while balancing a job, family and life’s other demands, the growing availability of online programs can make higher education more accessible and achievable. Yet while you’ll likely appreciate the flexibility of going to college online, you may be Read more




Is Intelligence an Art or a Science?

Posted on June 22nd, 2016 by American Military University

By Erik Kleinsmith Staff, Intelligence Studies, American Military University Intelligence analysts like to solve problems. We really do. We like to take various points of information and generate a deeper understanding of a particular subject so that we can better answer specific questions, mainly about things that are going to happen in the future. But Read more




10 Tips for Building a Powerful Resume

Posted on June 22nd, 2016 by California Southern University

By Michael Schwartz, Faculty Mentor, California Southern University Whether you’ve just graduated with a new degree or are simply seeking new employment, possibly the single most important job-search communication you will need is a professional resume. Your resume is your personal marketing tool to promote your skills and experience to a prospective employer. Here are Read more




How to Make Studying Effective and Fun

Posted on June 22nd, 2016 by Colorado Technical University

Provided by Colorado Technical University – CTU How do you establish good study habits again if it’s been a while since you’ve been in school? Everyone knows that studying is an integral part of going back to school. But we all know that it can sometimes be both a chore and a bore. Many people Read more




10 Ways to Balance a Tight Schedule at School and Work

Posted on June 22nd, 2016 by DeVry

10 Ways to Balance a Tight Schedule at School and Work

Provided by DeVry University Making the decision to start or return to college is an exciting one – the beginning of a new chapter in your life. But it can be a real challenge to manage school and work when you’re committed to both. So how do you keep your existing responsibilities and your educational Read more




The Collaborative Nature of Interdisciplinary Public Health

Posted on June 22nd, 2016 by Grand Canyon University

The Collaborative Nature of Interdisciplinary Public Health

Provided by Grand Canyon University Protecting health and preventing illness. In public health, protecting health and preventing illness is the driving mission and ultimate goal behind every professional connected to the field. What is the purpose of public health in our health care system? The interconnected field of public health aims to improve patient outcomes Read more




What Should I Do With My Life? 3 Questions to Ask

Posted on June 22nd, 2016 by Jack Welch Management Institute

What Should I Do With My Life? 3 Questions to Ask

By Jack and Suzy Welch Not long ago, we got a call from a bright young man whom we’ve both mentored for years. He’s 28, the graduate of a top-notch university with a degree in economics. His resume includes working at Morgan Stanley, and two years as COO of a Silicon Valley start-up that was Read more




Rethinking the Transcript: The Next Step in Higher Ed Reform

Posted on June 22nd, 2016 by UMUC

Rethinking the Transcript: The Next Step in Higher Ed Reform

By Gil Klein UMUC is leading the charge to radically transform the transcript—the once venerable gold standard for confirming academic achievement—from a static document that lists the names of courses and grades to a dynamic record that more effectively illustrates what a student actually learned in those courses. Such a conversion would instrumentally level the Read more




Health Informatics Creates Opportunities for Healthcare

Posted on June 22nd, 2016 by USF Heatlh Morsani College of Medicine

Provided by University Alliance Healthcare professionals sometimes reach a point in their careers when they begin thinking about transitioning into a different role within the industry. No matter what role they currently play on the medical team, these professionals thrive on change. Many wish to remain in healthcare, but would like to learn new skills, Read more



clear_city_skyline_660x220

Industry News

STEMulating Women’s Interest in the STEM Field

Posted on June 22nd, 2016 by American Public University System

STEMulating Women’s Interest in the STEM Field

By Melanie Dougherty Academic Advisor at American Public University System Once they enroll in college, approximately 29 percent of all male freshmen plan to major in a science, technology, engineering, or math (STEM) field, and only 15 percent of female freshmen plan to major in the same field. At the end of their four-year program, Read more




Cybersecurity: Our Nation’s Top Challenge

Posted on June 22nd, 2016 by Herzing University

Cybersecurity:  Our Nation’s Top Challenge

By Chris LaBounty The need for robust cybersecurity is well known. Securing the technologies that power our economy, military, industry and personal lives is a critical priority. News stories about large-scale data breaches, identity theft, international hacking, and loss of intellectual property emerge daily. According to the US Department of Labor, demand for information security Read more




Developing High-Potential Employees

Posted on June 22nd, 2016 by Kaplan University

Developing High-Potential Employees

Provided by Kaplan University Today, many businesses are focusing on retaining their best team members by investing in and developing their high-potential employees or HiPos. According to a recent Aberdeen Group report “64 percent of companies indicated that learning and career development are critical to the organization’s ability to execute on its business strategy”.1 But Read more




An MBA Can Mean Increased Income and Competitiveness

Posted on June 22nd, 2016 by Northcentral University

Provided by Northcentral University Research by the Graduate Management Admission Council (GMAC) shows that the hiring outlook for U.S. MBA graduates is quite good. “Seventy-five percent of employers surveyed expect to hire MBA graduates in 2016, compared with 71 percent of these same companies that hired MBA candidates in 2015. More than half (56%) of Read more




Taking Care of Business

Posted on June 22nd, 2016 by Saint Joseph's College

Taking Care of Business

By Liza Darvin Coffee-clutching suits who yell out directives on their cell phones while running between meetings—this is the stereotypical portrayal of the inevitable fate that awaits new Master of Business Administration (MBA) grads. And while being a mover and shaker in corporate America is one avenue for MBA recipients, the career possibilities for those Read more




Keeping Up in Healthcare and a New Nurse Educator Program

Posted on June 22nd, 2016 by Southern New Hampshire University

Provided by Southern New Hampshire University The field of healthcare offers a number of rewarding careers for working professionals who want to make a difference. In fact, according to the U.S. Bureau of Labor Statistics, healthcare is currently the largest industry in the country, providing more than 11 million jobs to U.S. workers. Southern New Read more




Alternative Credit Pathways: The Tipping Point?

Posted on June 22nd, 2016 by Burck Smith

Alternative Credit Pathways: The Tipping Point?

By Burck Smith In 2010, college tuition was rising four times the rate of inflation, median family asset value was dropping by a third, and more job postings than ever required a degree. In short, a degree was more necessary, more expensive and students had less ability to pay. The story remains much the same Read more




University Launches Physician Assistant Program

Posted on June 22nd, 2016 by University of La Verne

Provided by University of LaVerne Michael Estrada’s life changed in the late 1980s when a train crashed into a disabled 18-wheel big rig in central California. The aspiring physician was taking a break from biology courses at the University of La Verne to work as a volunteer Emergency Medical Technician in Soledad when that call Read more




Hands-On Lessons for Navigating Change

Posted on June 22nd, 2016 by Webster University

Hands-On Lessons for Navigating Change

By Jennifer Starkey, Webster University ST. LOUIS – The Rockwood Drug-Free Coalition in the Rockwood School District provides leadership, education and resources to prevent substance abuse among youth. The Coalition works with a number of volunteers throughout the area including those in education, law enforcement, business, healthcare, religious organizations, local government leaders, parents and students Read more



schoolnetupdatesbanner2016q2_v2

School Network Updates

american_public_university_400x100

The new American Public University System Veterans Center in Charles Town West Virginia provides helpful career resources, training opportunities and education advisory support for veterans at no cost. The center welcomes all who have served in and around the greater Charles Town community. It’s also conveniently accessible to veterans living in nearby Washington, D.C., West Virginia’s Eastern Panhandle, Northern Virginia, Southern Pennsylvania and Western Maryland.

colorado_state_university_global_400x100

CSU-Global Campus had its accreditation reaffirmed by the Institutional Actions Council of the Higher Learning Commission. As a result of this action, the next Reaffirmation of Accreditation is scheduled for 2025-2026.

Additionally, the Accreditation Council for Business Schools and Programs (ACBSP) Baccalaureate/Graduate Degree Board of Commissioners has awarded CSU-Global accreditation of its business programs. The following programs are now ACBSP accredited: B.S. in Business Management, B.S. in Accounting, M.S. in Management, and Master of International Management.

Finally, in June CSU-Global hosted its commencement ceremony for 2015-2016 graduates. Nearly 700 students walked and were awarded their degrees at the event, and 5,100 attendees turned out in total to show their support, with many other viewers attending the ceremony remotely via online video. Congratulations to all of our new graduates.

excelsior_college_400x100

Excelsior College was ranked #1 among the Best Colleges for Returning Adults, in a study by College Factual. The study was reported in a Forbes story, "10 Great Colleges for Adults Returning to School." Located in Albany, New York, the private college is made up entirely of part-time students— over 38,000 of them, more than 2,600 of whom are Post-9/11 G.I. Bill recipients. The school ranks highly for its online courses in business, management and marketing but really shines in its online coursework in engineering, health, nursing and liberal arts. Students graduating in the 2013-2014 academic year reported going on to jobs with an average salary of $50,000.

herzing_university_400x100

Herzing University offers a Dual Enrollment program that allows students to take courses that apply to both their Bachelor of Science degree and their Master of Business Administration (MBA) degree concurrently, earning both degrees in less than four years. The program allows students in their senior year to save time and money by exchanging four business or open elective courses for four MBA courses that count toward both degrees.

This accelerated program is designed for dedicated students who are well organized and can tackle a demanding schedule. Students must maintain a cumulative grade point average (GPA) of 3.0 or higher to remain eligible. Herzing University also offers MBA programs in seven other areas of specialization in which students can dual enroll. Due to required additional specialization courses these specialties have a longer completion time.

penn_state_worldcampus_400x100_v2

Penn State World Campus is offering a new Social Sciences degree program aimed at helping adults complete their college education online.

The new degree, a Bachelor of Science in Integrated Social Sciences, is offered exclusively online in partnership with the College of the Liberal Arts. Students can transfer credits from six social science fields — anthropology, communication arts and sciences, economics, political science, psychology, and sociology — and apply them toward the degree.

trident_university_400x100

Trident University International is #1 on College Values Online’s “Online Graduate Programs: Best Values 2016” list. The first 100 percent online university to be accredited by the WASC Senior College and University Commission (WSCUC), Trident offers nine master’s degrees with over 40 different concentrations, including business administration, leadership, human resource management, education, healthcare management, information technology, and others.

walden_university_400x100

Walden University is inviting Edcor client employees to join their new competency-based Master of Business Administration (MBA) and Master of Healthcare Administration (MHA) programs. Student who enroll for 2016 starts at a reduction for the life of the program. To learn more about the partnership and competency-based learning please contact Karen Planas at karen.planas@waldenu.edu or request information.

Contact Us
[wpmlpronews_address]
Unsubscribe from this Newsletter
 
Follow us on Social Media