As businesses had to adapt in 2020, and reassess their positioning in 2021, our conversations with them in the past year highlighted a key problem: business leaders needed a way to not only keep their team motivated and resilient, but also enable them to learn and grow amidst unpredictable environments.
Since the pandemic hit, MOOC platforms such as Coursera and Edx have seen a significant surge in people wanting to earn non-degree credentials. Accreditation matters, but not in the way it has been traditionally. No longer can we rely on where you studied as an undergraduate to remain relevant and competitive in the workforce.
We’re taking it a step further, by acquiring a university license this year and taking on the traditional incumbents. To start off, we’ll have a few of our learning tracks accredited equivalent to a Master’s degree.
In the next 18 months, we’re excited to roll out a full alternative MBA program. This will allow us to make learning with NewCampus globally recognised, and continue upskilling modern leaders as a modern business school.
Why now?
There has always been a strong demand for lifelong learning and professional development — and will be so for at least the next decade. As organisations strive to keep up with technological change and disruption, it is estimated that more than 1 billion people in the world will need to be reskilled by 2030.
In the face of such monumental change, the credentials that a young job seeker has attained in their formal education has already lost most of its value by the time they enter the workforce.
While a four-year university degree is, on the surface, a currency for job seekers to gain employment, the value of degrees being a reliable signal for their long-term employability is continuing to plummet.
Which is why new education players like NewCampus are able to enter the market by:
- Creating new learning habits for the remote workforce. Flexible, short-term, online-first learning, where learners can integrate into their personal and professional lives.
- Stacking of industry-wide skills. When disruption is always around the corner, specialising into a narrow set of skills only spells doom. We enable individuals to equip themselves with a broad range of competencies that are robust and recognised across industries.
- Making it cost and time effective. Not everyone has can invest $100k into another degree, nor take a 2 year hiatus. NewCampus enables underserved leaders and professionals to access affordable business education and training they need, on-demand.
Closing thoughts
The challenges that businesses face revolve around developing talent within their organisations, and transforming their people into capable and competent leaders. We believe that innovation in business learning is long overdue. That’s why we’re laying the foundations to get accreditation as a business school this year.
In supporting underserved businesses across Asia, we’re looking to shape the future of leadership education — who it’s for and how it’s delivered. We believe that more people who lead with empathy, global context and foresight will build strong businesses that are inclusive, sustainable and value creating — this will be the force for our most pressing problems.
If you’re interested in collaborating or hearing more about our work, please feel free to reach out!
