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Technology-Based Learning Strategies Report - APEC HRDWG Wiki

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B. OverviewOnline Course Takers20052003200220010% 5% 10% 15% 20% 25% 30%training in the knowledge-based economy.cannot only view all types ofcontent from text to pictures tomusic; they can also interact with it,alter it, create new content, anddisseminate it back to a widercommunity. In addition, themedium is well matched to the newrequirements of education andBecause of these facts, growth in online course delivery has been strong. In just the past 5 years,the number of adults who said that they had taken an online course has grown from one in ten, toone in four. 5 Growth in this area is still accelerating. This explains why the CEO of Cisco, JohnChambers, calls e-learning “the Internet’s killer app.”Exhibit 1:Education in the Knowledge Economy 6Old EconomyFour-year DegreeTraining as Cost CenterLearner MobilityDistance EducationCorrespondence & VideoOne Size Fits AllGeographic InstitutingJust-in-CaseIsolatedNew EconomyForty-year DegreeTraining as CompetitiveAdvantageContent MobilityDistributed <strong>Learning</strong>High-Tech Multimedia CentersTailored ProgramsBrand Name Universities &Celebrity ProfessorsJust-in-TimeVirtual <strong>Learning</strong> CommunitiesIn the new economy, training is less dependent on ‘credit hours’ towards a degree and more onbeing able to demonstrate a measurable competency in a given skill. It is also much more timesensitive. In fact, most technology companies have no idea what knowledge or skills theiremployees will need five years from now to stay competitive.56PEW Internet and American Life Project, 2005.Erwin, 1999, p. 8.5

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