Corporates As an Extended Resource Pool For Educational Institutes
I have mentioned this in one of my earlier articles, and this is relevant again for this article so I will highlight this again. I have been terribly inspired by the New Age of Innovation by C.K. Prahlad and the whole concept of R=G where he indicates that the key to successful business models of the future will depend on how organizations can leverage a Global Resource Pool rather than focus on only internal resources. Well pretty much every organization would love to have access to a Global Resource Pool, but this is easier said than done but again not entirely impossible. Lets talk about this in the context of Education.
When we look at Educational setups in India it is pretty clear that with the stretched resource situation today and the growing demands on the Educational systems in the future it is very unlikely that things can get any better in terms of availability of quality education. We will hopefully continue to see increasing Government investment in Education and also significant Private involvement as well but it is clear that we really need to look at multiple solutions given the enormity of the problem.