Abstract:
The proposal presents the idea that the main issue behind OTCA is not an operational inefficiency, but structural obsoleteness regarding the changing logic of the industry. The conventional one-trad-selling courses model- this model is based on linear scaling where the revenue is directly related to teaching capacity and marketing expenditure. This model is less scalable, marginalized, and it makes it less defensible in the long term. Conversely, future of education has been moving towards the creation of value of the ecosystem where the organization is able to combine content, community, technology, and outcomes into the system.
Author: Mochamad Iqbal
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