The education industry consists of schools, colleges, universities and various private institutions. The education industry provides its students with the knowledge and skills to adapt to a continually changing working world. The industry consists of an expanding array of organizations that strive to provide lifelong learning to its customers. The education sector can be broadly classified as primary education, secondary education, higher education and vocational education. The Education industry is crucial to the workforce capability of all other industries, but it also faces unique workforce development challenges of its own. With its responsibility for skilling the current workforce and preparing future generations for work and life, the Education industry is subject to intense public and political scrutiny and to frequent waves of policy change and review.
Organizations in education sector include traditional colleges and universities as well as companies focused on training and development for clients that range from an individual learner to global corporations to online content delivery. As a whole, the industry is responsible for training individuals of all ages to learn new skills, obtain meaningful employment, and help accelerate the economic growth, by delivering education in traditional classroom settings or via online training over the Internet. Education industry also includes ancillary education services, such as after-school tutoring, charter schools, special or alternative education, educational content suppliers and professional development of administrators and teachers. This section contains articles that help learn more about this sector and understand its unique dynamics, opportunities and challenges.
The education industry must adapt to the challenges of containing costs, differing views on standardized learning, competing for students, and adapting to changing economic needs. Industry players adopt unique strategies to overcome these challenges by forming education partnerships, adapting to new technologies, and developing customized and personalized learning programs. This section also discusses these challenges and provides a framework to adapt to these challenges.
Targeted audience for this section are consulting houses, teachers, students and learners, education industry investors, and all size companies that sell products or services to education players; organizations looking for knowledge and key business information in the education industry and players interested in content development for this sector.
The education industry is expanding rapidly and its many businesses are eager for new talent, including experienced professionals and enthusiastic individuals just entering the workforce. The education industry can be described as the collection of organizations and businesses that provide products and services aimed at enhancing the quality of education in society. Read more to gain a complete overview of education industry.
In the section we will discuss the drivers of education industry. Business drivers are influences, both internal and external, that significantly impact the direction of an industry. This will help the learner understand the internal and external factors that have a significant influence on the education industry.
Education in its general sense is a form of learning in which knowledge, skills, and habits of a group of people are transferred from one generation to the next through teaching, training, research, or simply through auto didacticism. This article takes you through the history of education and its development as an industry.
Nelson Mandela has said “Education is the most powerful weapon which you can use to change the world.” The following article touches some aspects that highlight the importance of education for human society.
Different governments and different standards classify levels of education differently. There is difference in nomenclature that is in practice today. However for the purpose of simplicity all classifications can be mapped to the grid provided in this article. Given below are commonly used different levels in the education process.
The education industry is divided up into four sectors, which all have their own roles and functions. Each of the sectors caters to a growing demand for cutting-edge education products and services. Each category has distinct market segments, all of which are defined in this article below. For learners to understand the dynamics of education industry, having a clear picture of the industry is crucial. This understanding will help in researching education companies, determining a career path, and even exploring potential employers.
The Education sector underwent some major changes over the past five years. Enrolment in private schools outpaced government school enrolment for much of the period. Tutoring businesses and universities have offered new services to expand their market base. Online education is a major development for the Education division, and technology is permeating all areas of education. Understand some of the major challenges that are faced by education sector today.
The education industry today is faced with many challenges, and in order to improve the education system and the performance and development of education industry, major improvement must be made in the sector. This article discusses the major components that need to be worked upon to create an effective improvement strategy.