#apsummit...top threats to nursing education barriers to growth of nursing programs • faculty...
TRANSCRIPT
#APSummit
#APSummit
Sanam Raza, Regional Partnership Director
Rachel Sumner, Regional Partnership Director
Tandy Stone, Higher Education Strategist
Market DynamicsPreparing for New Disciplines & Outside Influencers
#APSummit
• Understand the dynamics impacting innovation in higher education
• Identify how partnerships can help navigate market forces to support growth
• Consider how to innovate within parameters
Outcomes
#APSummit
11a - Noon Part I: An Exploration of the Talent Spectrum Special Focus on Business & Nursing Rising Employability Demands Industry Shortage Challenges
1:30p – 2:30 Part II: Insights & SolutionsEngage in a Facilitated Dialogue with Peers Key Takeaways Networking
Today’s Agenda
#APSummit
• What do Corporate America and the U.S. Healthcare System expect from higher education?
• How can Pearson support you in responding to the opportunities and challenges?
The Big Picture
#APSummit
What do employers expect and need from graduates?
Employability Demands
#APSummit
Institutions of Higher Education Response to Employability Demands
• $407 Billion on Formal Training
• 82% Increase Since 2004
• 96% of Education Professionals Welcome Conversations With Employers
#APSummit
The Perceptions of Employers & Students
• The Degree is a Minimum Job Qualifier
• Critical Thinking Skills
• Communication Skills
• The Degree of Preparation Changes
#APSummit
• $177 Billion on Formal Training
• $413 Billion on Informal, On-the-Job Training
• 32% of Corporate Funds Dedicated to Formal Training
• 50% Spent on Non-Instructor-Led Solutions
The Business of Training Employees
Source: Center on Education and the Workforce
Source: TrainingIndustry.com
#APSummit
Hiring Talent vs. Training Talent
• Only 22% Commit to Training
• Skills-Based Hiring Predictions 5x Better Than a Degree
• $1 Million Prize
#APSummit
Employers Demand Mobility & Online Training
77% of Companies
Use E-learning
…and Growing
Source: Elearning!
#APSummit
How can Pearson help?
#APSummit
Global Employability Competencies
Productivity competenciesSkills, knowledge and attributes that make
individuals productive in the workplace
Transitional competenciesEnable individuals to secure employment
and make progress in employment
#APSummit
#APSummit
Industry Shortage Challenges
What factors are impacting nursing today?
Increasing Access32 million
Aging Population44.7 million
#APSummit
The RN WorkforceGrowth & Replacements
50 or older55%
Expected Growth
19%525kReplacement Nurses
1 millionJob Openings by 2022
2.6%Enrollment Increase
$
#APSummit
Education Opportunities& Barriers
Top Threats to Nursing Education
Barriers to Growth of Nursing Programs
• Faculty shortage — need advanced practice nurses who can teach
• U.S. nursing schools turned away 79,659qualified applicants
• Shortage of nursing faculty in 16 statesand the District of Columbia
• Unfilled faculty positions• Projected retirements• Shortage of students prepared for the
faculty role• Administrative issues such as
management of clinical placements
• Shortage of nurse educators• Challenges in arranging
clinical placements • State boards of education
and nursing approvals
#APSummit
• State authorization
• Securing and managing clinical placements and rotations
• Innovative curriculum that supports efficiency, retention and career pathways
How can Pearson help?
#APSummit
ADN BSN MSNDNP PhD
RN
Post MSN Cert
BA/BS
RN ADV ADV
• Expand Student Audience – Career Pathway
• Increase Student Enrollment
• Efficiency
• Scalability