Innovating the Higher Ed Business Model

Podcast Summary

Dr. Drumm McNaughton interviews Dr. Melik Khoury, president of Unity College, about the institution’s out-of-the-box thinking that is creating a new business model for higher education.

Podcast Highlights

• Higher education is built on a traditional system that was developed by elite institutions. However, the model isn’t sustainable for educating a broader group of students.
• Colleges and universities should look at their missions and their policies to see if these are still valid—and whether they may be holding the institution back in some ways.
• Innovation doesn’t need to look the same across the institution’s campus. Different departments can focus on building innovative programs that meet the specific needs of a group of students. Through taking ownership of these programs, leadership gets built throughout the institution.

To read the full show notes, visit https://changinghighered.com/innovating-the-higher-ed-business-model/

Dr. Drumm McNaughton provides business and strategic planning consulting for higher ed institutions. To find out more about his services and read other thought leadership pieces, visit his firm’s website, https://changinghighered.com/.

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