As part of my hands on investigation of MOOCs, I’m due to start a new course on Surviving Disruptive Technologies. This one is provided by Hank Lucas of University of Maryland.
The first lecture is available on YouTube.
Hopefully what I might learn in this course, which is a more traditional MOOC than edcmooc, will provide some useful insight into the impact of MOOCs on higher education as a business, and how we at Staffordshire could deal with this new technology.
The survival model considers the dilemma for the incumbent facing a disruptive change from an innovation:
- Denial
- History
- Resistance to Change
- MInd Set
- Brand
- Sunk Costs
- Profitabilitgy
- Lack of Imagination
(Interesting to reflect that my view of MOOCs might be classified under these headings.)
Based on this, the organisation has to choose how to survive:
- Change business model to accommodate competition and new opportunities
- Abandion existing buisines model and adopt a new one
- Failure – merger, buyout, liquidate
As I go through the course, I’ll post my thoughts and experiences.