Jan 29, 2023·edited Jan 29, 2023Liked by gordonmacrae
Excellent as always Gordon. This "pathways" concept is a new line of thinking (maybe 3-5) and its quite powerful.
I would love your take on the following 2 points getting connected to this thought process:
1. Return on Investment (RoI) for each pathway. The data being available to make decisions regarding this.
2. All pathways are time bound. The length of time might vary but there is a time associated with each pathway. What might be constant would be the process and maybe "skills" required for each transition from one pathway to another.
Thanks, Akhil! ROI is a tricky one but apprenticeships are a good model to look at here. Research in the US suggests the median estimate of the employer’s return on investment in registered apprenticeship is 44.3 percent or $1.44 for every $100 invested (source: https://www.voced.edu.au/content/ngv:95710). UK is ~£7k per apprentice.
Yes, you'd need clear entry- and exit-points for each of the pathway skills to make sure the length of learning was consistent. This feels fairly do-able.
Excellent as always Gordon. This "pathways" concept is a new line of thinking (maybe 3-5) and its quite powerful.
I would love your take on the following 2 points getting connected to this thought process:
1. Return on Investment (RoI) for each pathway. The data being available to make decisions regarding this.
2. All pathways are time bound. The length of time might vary but there is a time associated with each pathway. What might be constant would be the process and maybe "skills" required for each transition from one pathway to another.
Thanks, Akhil! ROI is a tricky one but apprenticeships are a good model to look at here. Research in the US suggests the median estimate of the employer’s return on investment in registered apprenticeship is 44.3 percent or $1.44 for every $100 invested (source: https://www.voced.edu.au/content/ngv:95710). UK is ~£7k per apprentice.
Yes, you'd need clear entry- and exit-points for each of the pathway skills to make sure the length of learning was consistent. This feels fairly do-able.