HCM’s Founding Partner and CEO Published in Trusteeship Magazine
Published in Trusteeship Magazine, The Association of of Governing Boards for Colleges and University (AGB)
“The promise of an integrated approach to higher education, workforce development, and economic development is transformative economic and social opportunities for students, institutions, communities, states, and our nation.”
KEY TAKEAWAYS
A new focus on success beyond completion for states: The integration of higher education, workforce development, and economic development is a new core competency colleges and universities, and their governing boards must master.
Quantity and quality matter: Economic competitiveness, among states and with other nations, will depend on not only the quantity but also the quality of jobs attracted and created.
Texas leads the way: A comprehensive approach to goal setting, research and development, community college finance, college and career advising, transfer policy, and integration of educational and workforce data supports the state’s ability to compete in an innovation economy.
Data-informed policy to gauge success: State and institutional leaders need to examine data about graduates’ earnings and costs to determine if typical students would be financially better off after earning a given credential, even accounting for their opportunity costs.
Read this Trusteeship article from Kristin Hultquist, CEO of HCM Strategists, and Harrison Keller, Commissioner of Higher Education at the Texas Higher Education Coordinating Board: https://agb.org/trusteeship-article/more-of-what-we-need/.