global graduates - higher education/business collaboration (peter forbes)
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Global Graduates
Higher Education/Business
Collaboration Peter Forbes National Centre for Universities and Business Ulster May 2013
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Landscape
Globalisation
Flat economies
Changing funding
HE massification
Supply and demand mismatching
Knowledge economy
Impact on learning of ICT and porous global boundaries
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Employment
Opportunities
Explosive growth of creative sector
Unfilled demand for STEM capabilities
Advanced manufacturing
SMEs that aspire to grow
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What Do We Know
Global Graduates report
Talent Fishing report
Knowledge Transfer Partnerships report
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Global Attributes
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“I think we’re starting to see a particular generation where they think of themselves as quite literally world citizens. I don’t mean conceptually. I mean they see the world as boundary less: that they are able to move, shift, work anywhere, and do anything.” (Prudential)
“I think cultural dexterity is important: an ability not to impose one’s own culture on another, to be sensitive to other cultures and how to do business in different environments.”(PWC)
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Talent Fishing
Almost 100 HR Directors and other senior managers sent an on line survey. 43% responded. Plus issues and experiences were explored through interviews with:
American Express TechnologiesAtkinsAtos OriginBAE SystemsDialog DevicesE-ON EngineeringHSBCInstitute of Employment StudiesLaser Optical EngineeringMicrosoftPRTMQinetiqRIMSelex GalileoSyngentaTelefonica Europe O2
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Scope
All postgraduate study MBA level of study recognised as having some
characteristics of its own and the subject of other research
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Types of Employers: Trawlers
‘Our graduate recruitment is centred on hiring graduates with a high quality first degree.’ Senior manager - financial services
‘MBA or Masters graduates apply but more so those with Bachelor degrees. They are paid the same, there is no direct correlation seen in degree and performance but there is a slight difference in maturity and they can handle the ups and downs of business life better.’ Senior manager – IT services
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Spearfishers
‘The number of postgraduates hired is relatively small and in engineering and production teams that require very specific knowledge.’ Senior manager - energy
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Anglers
‘Someone with a postgraduate qualification can draw on this to demonstrate their technical proficiency.’ Senior manager – telecoms
Employers may prefer postgraduates for a particular role or function and because they can be more mature and contribute more quickly. In some instances, a good first degree plus work experience may be equally suitable.
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Harvesters
These use multiple means to attract postgraduates: specialists into research generalists into finance, HR and other
professional functions.
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Baitless
These don’t seek postgraduates and see no value.
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What for you is the value of recruiting staff with a Masters e.g., MA, MPhil?
Masters strongly agree
agree partly agree
disagree total (excl n/a)
Subject-specific specialist knowledge
46% 34% 14% 9% 35
Research/technical skills
33% 46% 18% 3% 33
Analytical thinking/problem solving skills
52% 40% 6% 3% 33
Maturity 15% 39% 33% 12% 33
New ideas, help innovate
24% 50% 24% 3% 34
Guaranteed high calibre candidates
6% 24% 52% 18% 33
Future leadership potential
16% 34% 44% 6.30% 32
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What for you is the value of recruiting staff with a Doctorate
e.g. PhD, EngD, DPhil ?
Doctorates strongly agree
agree partly agree
disagree total (excl n/a)
Subject-specific specialist knowledge
62% 24% 6% 9% 34
Research/technical skills
56% 31% 6% 8% 36
Analytical thinking/problem solving skills
58% 28% 8% 6% 36
Maturity 21% 32% 29% 18% 34
New ideas, help innovate
38% 35% 24% 3% 34
Guaranteed high calibre candidates
10% 26% 55% 23% 31
Future leadership potential
9% 27% 50% 18% 34
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Issues for Employers
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Some reflectionsThe changing context for taught masters
•Global competition is commonly against graduates with 3 to 4+ years’ higher education
•Questionable employment value of taught masters without life or work experience
•Under researched part time postgraduate study
Lessons from the widening participation agenda?•UK campuses are valuably multicultural
•Can more advantage be taken of porous geographical boundaries?
•Are global opportunities only for graduate leaders?
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The Challenge
"We know that postgraduates are important drivers of innovation, entrepreneurship and growth and that many employers value postgraduate level skills.
However, HEIs and businesses could do more to work together to ensure postgraduates have the business-facing skills that employers need – particularly leadership skills and work experience."
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Some reflectionsThe Authentic Graduate
• Dr. Peter Hawkins
• Authenticity
• Building windmills means good career tactics
• Learner ownership of their learning and life planning
Life Wide Learning• Emeritus Professor Norman Jackson
• Equivalence of value of practical, academic and social learning
• Impact of mobile and social media
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Knowledge Transfer Partnerships
150 cases examined Success factors demonstrate the value of
applying the rules of collaboration (Spence, Hackman): Shared agenda Shared language Shared values Stretching, achievable objectives Clear identification of the participants Trust
Can apply widely to HE/business collaboration