Technological progress leads to innovation that has a great impact on society. Companies can leverage these advances to deliver enhanced value to their stakeholders for profitable growth. The education sector is one of the sectors that is adopting new technologies in different ways. This has been accelerated in the last few years by pandemic testing all industries on their ability to cope with the changes brought about through the norms of blockade and social distance. The pandemic may have been controlled and the institution may have resumed normal operations, but the technology associated with some of the changes remains here.
Educational management has some unique requirements. This includes greater interactivity between participants and faculty. Evaluations usually involve evaluations of descriptive analysis reports, discussions, role-plays, and presentations, which can be a daunting task. Yet another challenge is to address the dual purpose of ensuring that the course is industry-oriented and personalized for the different career paths of participants.
In this context, it is interesting to try to understand the technological trends that we may witness in business education in the near future.
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Online learning platforms, including specific devices such as interactive whiteboards, have been used for management education to share content, enable assignment submissions, make objective assessments, and offer courses. This trend, due to increased flexibility and reach, could continue in regular academic and management education programs, despite the opening of the campus. Innovation may continue to enable more and more management education programs to be offered online, or at least in hybrid mode.
On the infrastructure side, classroom interactive systems enable hybrid learning to meet the unique requirements of education. Collaboration between students for courses and extracurricular activities is important. You need to identify and enable a secure and user-friendly collaboration platform. In addition to this, customized applications based on low-code / no-code technology may be developed by students to meet context-specific requirements. This allows business students to develop the consulting mindset that is highly needed to understand existing business processes, address challenges and take advantage of improvement opportunities. .. IoT is increasingly being used in a variety of use case scenarios to provide superior campus infrastructure. Here are some use cases: lighting, temperature control, security cameras, audiovisual systems, access control, and attendance automation. These are common in all educational environments, but are of particular interest in managed educational environments as they focus on efficient, effective, and sustainable system solution approaches.
Augmented Reality (AR) applications are exploring paths to course projects and presentations to show product ideas in the way they are used for marketing purposes to provide customers with an immersive simulation experience. Virtual reality (VR) applications and devices are being used to develop leadership and soft skills, which may be used more commonly in the near future.
Assessments are becoming more and more online, allowing participants to assess at their convenience and be cost-effective through space optimization and manual assessment tasks. These tools can identify events that require manual review by an evaluator to identify fraudulent activity. Plagiarism checking is done using existing tools, but new artificial intelligence (AI) tools may be more widely and easily adopted in all submissions by participants.
Today’s management professionals have a variety of career paths. Especially in the second year of education, students need to be able to customize their courses / content to their individual preferences in terms of career paths, while maintaining the standardization required throughout the program. The traditional major / minor specialization approach with electives is not optimal in terms of flexibility and cost. To this end, reciprocal links between concepts and their applications can be defined for the various management courses that lead to these different career paths. You can then use machine learning (ML) technology to build your system and provide students with module-level recommendations to meet both program requirements and career path goals.
Blockchain-based management systems for student records, certificates, and degrees may be used. Built on blockchain technology, smart contracts will soon be used to define course requirements and automatically award credits when the requirements are met by students.
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Like other organizations, management agencies need business process management software, dashboards with rich visualizations, actionable insights, forecasts, and prescriptions. In this regard, the choices made in terms of purchase vs. customization vs. build, which to buy or how to build, is a good learning opportunity for management students. Solutions range from standard off-the-shelf enterprise resource planning (ERP) software to homemade student lifecycle management systems. Low-code / no-code applications customized to specific requirements may be used more and more.
In summary, over the next few years, education may tend to increase the adoption and effective use of existing technologies in some solutions that use new technologies.
Disclaimer
The above view is the author’s own.
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