The Knowledge Economy is here

What are you going to do about it?

One day during sunset..it all came together

Shoving down facts in the name of education does not work any more

History of Knowledge

● Hunter Gatherer- Communication, migratory paths, directions,

● Agrarian- Seasons, rhytms, tilling, trades, buidings, etc.

● Industrial – Engineering, Production, Management

● Post Industrial – Enivornment sensitivity, understanding consumer preferences, motivating people to work for free,

On Sept 19, 1994, Fortune Announced ....

The Industrial Age is Over!!

20 Years later....

how much wiser are we?

We still...

● Educate our children for jobs that dont exist ● Outsource our childrens future to incompetent schools

and colleges● Our children still choose Engineering and MBA● Believe knowledge of facts is what matters● Protect our children from exposure to the bad world of

Internet and other things● Its as if we are asleep like sleeping beauty while the

world moved on

The PISA problem

● In a study of 76 countries by OECD, quality of Indian education ranked 74!

● India Pulled out the study after that● Others invested in education.● What part of your investment portfolio is

education?

Global Achievement Gap, Tony Wagner

Seven Skills1.Critical Thinking and Problem Solving

2.Collaboration Across Networks– Leading by Influence

3.Agility and Adaptability

4.Initiative and Entrpereneuralism

5.Effective Oral and Written Communication

6.Assessing and Analyzing Information

7.Curiosity and Imagination

Paradigms of Education

● The PISA study Andreas Schleicher● What's Wrong with Education? Ken Robinson● How can we set it right? Sugata Mitra

Role of Education in your Portfolio

● Do you think of an educated mind as an asset worth investing in? If so how much?

● Would you consider investing in education as much as in buying a house?

● What do you do to achieve that?– A vacation

– Learning something totally new and INTERESTING

– Meeeting someone different from who you usually meet.

– A new movie or book and a family discussion

– A shared Internet screen in the Living Room