VCCircle conference on Edu-Investments, November 18, Gurgaon, India – My notes as a Panelist

I was part of two sessions, one as a panelist and the other as a special invitee… Here is my notes – Pre-event, during Event and post thoughts…

PANEL

Edupreneurs: Revolutionising the Effectiveness of Education Delivery Systems (How can edupreneurs work in a dichotomic market like India to merge the chasms between the organized and highly unorganized education sector in the country, mainly higher education? Building sustainable businesses is the key to being a successful entrepreneur. How should entrepreneurs and institutes walk away from working in silos and leverage each other’s strength in creating a robust education system?

Panel Members –

– Manjula Pooja Shroff, Chairperson, Kalorex – Moderator
– Bindu Rana, Director, Millenium schools
– Prachi Windlass, Director, Michael and Susan Dell foundation, INDIA
– Gopal Devanahalli, VP, Manipal Global Education, Manipal Group
– R. Sreenvasan, Co-Founder, CL Educate

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Each one planned to introduce oneself and ones work, in short….

My Pre-Event NOTES of CL Educate Intro…

Career Launcher is a leader in –
– Test Prep
– K-12 education – Indus world schools
– Skill education – skill schools

Also through the following entities, CL does capacity building of University and Corporate

– CL Media – Digital Presence
– GK Publications – Curricula and Pedagogy; Curriculum Support & Publishing
– 361 degree – On Demand  Learning
– Accendere – Research Incubator
– Bilakes – Business Incubation & Seed Funding
– Kestone – Corporate empowerment and building institutional Partnerships

Statistics in Numbers

CL – 265 locations, 1.5 million engaged, over 1.5 lakhs more than 50 hours
Accendere – Research incubation, Patenting, Journal publishing
CL Media – 163 institutions trust with us for branding, outreach and awareness building
Kestone – integrated marketing,events, customer activation, training, staffing; 100 corporates, 500 events – wipron nokia, microsoft, snapdeal, PayTM
G K P – 1.5 million books.. career and education
361 degree – largest in India – online enabling partner for University and corporates over 20K learners

Footprint – 20K schools and colleges; 1.5 lakh students > 18,200 hours on our web offerings per week

What CL does at UNIVERSITIES AND INSTITUTIONS

Academic Thought Leadership, International Presence, Institution Credibility

– Capacity building of universities and institutions, learning institutions
– Consulting Visioning Strategic Thinking
– Faculty, Academic development, Research and innovation
– Admissions: Outreach and Application – TAAF Services
– MARTECHING
– skill education
– Incubation and entrepreneurship
– Career Development Center – Employability, Higher studies facilitation

—CONTEXT——- current market scenario —–challenges for the nation

Only 18% graduates are employable in India
91% software professionals lack programming and algorithm skills while 60% lack domain skills
71% lack soft and cognitive skills while 73% lack English speaking and comprehension skills
57.96% have poor analytical and quantitative skills
For core jobs in mechanical, electronics/electrical and civil jobs, only a mere 7.49% are employable


The session was supposed to be on higher-education, but the panel felt that the continuum from school to university has similar challenges and reforms are needed across the segments. Also opportunities and investment needs do exist across. So the pre-session discussion covered the entire spectrum.

Pre-event notes of each of the panelists..

Issues I noted down ..

– Democratization of Learning and its access
– Contestability of markets, access to Universities
– Digital technologies and creating impact
– Mobility and the influence in learning; Global Mobility
– Integration with industry; Industry funding research
– Opportunities for entrepreneurs and Funding possibilities

– Life-long LEARNERS, COURAGE, HUMILITY : Key, How to instill?

Gopal Devanahalli wanted to talk about

– I would like to focus on higher education and continuing education for working professionals.
– Changing learning needs of working professionals – esp in certain industries like IT
– Online courses & types of courses that are relevant to the learners
– The effectiveness of the online delivery model and how to make it more effective.
– Regulatory issues

Prachi Jain Windlass  wanted to talk about the following –

– Opportunity areas in K12 education, college entrance and career readiness.
– Opportunities for collaboration and leveraging the ecosystem. Many of our portfolio companies: Avanti, Convegenius and OnlineTyari are taking this approach. understanding their core and leveraging the ecosystem for non core areas.
– Our experience in breaking down the silos in the govt education system, and the role that private sector players can play, risks involved.

Manjula Pooja Shroff of Kalorex wanted to focus upon
– Changing scenarios
– Integration of k-12 to Higher Ed
– Teaching Learning delivery process

Bindu Rana’s concerns included

– Challenges in running schools – to deliver the intended
– Regulations stifling the effectiveness
– Challenges in setting up rural schools – quality, price point, training, delivery

– Why cannot the government see education as any other industry? With challenges of access and quality existing all across..

  • Promote PPP models across
  • Engage and bring in private partners to collaborate in school and university systems
  • Use technology to improve training of teachers in enriching content, pedagogy and all processes
  • ….

Other Issues discussed across panels – My notes

Is the nation ready for only digital? Is that trend every where?
– hybrid model is the most successful one
– engaging is the key, mentoring, giving the confidence

Lessons from failures? Key to success
– Team with vision
– sustainable relationship within and with customer
– respect with disagreements in board room and among the team members

Skill education went through cycles.. now we are in the third..
A. IT education – 80s and 90s
B. Sales upgradation – 2000 onwards..
C. now vocational? Entrepreneurship
– quality of higher education is lacking
– rote to conceptual learning, how will we make it happen
– concept of job, loyalty shifting
– nature of learning will have to shift
– propensity to entrepreneurship
– learning to learn paradigm

How do we enable learners to face VUCA?

– VUCA – volatility, uncertainty, complexity, ambiguity
– learning, calling passion from within, help others raise their capabilities

Public education….how to revive?
– policy enablement

– Rote to Conceptual learning?
– edtech – retrain teachers, students,
– appraising teachers, reward them, being discipline,monitor

Home schooling
– becoming popular
– investment opportunities?
– work-life, work-home balancing

Key to succeed in Education space

Quality first, then scale
Be prepared for long haul, then scale
Then comes franchising

—————————————————– As a special invitee..

AKAMAI Presentation – Digital delivery platform, especially Video that will be 80% of the content on-line in the near future..

– formats : 5 min and 20 min content
– launch has to be fast, else you lose the client/subscriber

High quality
– no stalling/no buffering;
– always available, relevant,
– no data plan restrictions

Education on mobility? what are the trends, and what will be challenges of the future..

Instant user experience – FB provides
Consume as much as possible
Offline content goes online – you tube
Download during nights, local content play while travel
Challenges about space on device
Battery running out – delete the app

Here is the link to a set of photographs of the event uploaded by VCCircle on their FB page https://www.facebook.com/VCC-Events-1176152369113449/photos/?tab=album&album_id=1355409131187771

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