#APSummit...Top Threats to Nursing Education Barriers to Growth of Nursing Programs • Faculty shortage —need advanced practice nurses who can teach • U.S. nursing schools turned

#APSummit

#APSummit

Sanam Raza, Regional Partnership Director

Rachel Sumner, Regional Partnership Director

Tandy Stone, Higher Education Strategist

Market DynamicsPreparing for New Disciplines & Outside Influencers

#APSummit

• Understand the dynamics impacting innovation in higher education

• Identify how partnerships can help navigate market forces to support growth

• Consider how to innovate within parameters

Outcomes

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11a - Noon Part I: An Exploration of the Talent Spectrum Special Focus on Business & Nursing Rising Employability Demands Industry Shortage Challenges

1:30p – 2:30 Part II: Insights & SolutionsEngage in a Facilitated Dialogue with Peers Key Takeaways Networking

Today’s Agenda

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• What do Corporate America and the U.S. Healthcare System expect from higher education?

• How can Pearson support you in responding to the opportunities and challenges?

The Big Picture

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What do employers expect and need from graduates?

Employability Demands

#APSummit

Institutions of Higher Education Response to Employability Demands

• $407 Billion on Formal Training

• 82% Increase Since 2004

• 96% of Education Professionals Welcome Conversations With Employers

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The Perceptions of Employers & Students

• The Degree is a Minimum Job Qualifier

• Critical Thinking Skills

• Communication Skills

• The Degree of Preparation Changes

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• $177 Billion on Formal Training

• $413 Billion on Informal, On-the-Job Training

• 32% of Corporate Funds Dedicated to Formal Training

• 50% Spent on Non-Instructor-Led Solutions

The Business of Training Employees

Source: Center on Education and the Workforce

Source: TrainingIndustry.com

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Hiring Talent vs. Training Talent

• Only 22% Commit to Training

• Skills-Based Hiring Predictions 5x Better Than a Degree

• $1 Million Prize

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Employers Demand Mobility & Online Training

77% of Companies

Use E-learning

…and Growing

Source: Elearning!

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How can Pearson help?

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Global Employability Competencies

Productivity competenciesSkills, knowledge and attributes that make

individuals productive in the workplace

Transitional competenciesEnable individuals to secure employment

and make progress in employment

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Industry Shortage Challenges

What factors are impacting nursing today?

Increasing Access32 million

Aging Population44.7 million

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The RN WorkforceGrowth & Replacements

50 or older55%

Expected Growth

19%525kReplacement Nurses

1 millionJob Openings by 2022

2.6%Enrollment Increase

$

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Education Opportunities& Barriers

Top Threats to Nursing Education

Barriers to Growth of Nursing Programs

• Faculty shortage — need advanced practice nurses who can teach

• U.S. nursing schools turned away 79,659qualified applicants

• Shortage of nursing faculty in 16 statesand the District of Columbia

• Unfilled faculty positions• Projected retirements• Shortage of students prepared for the

faculty role• Administrative issues such as

management of clinical placements

• Shortage of nurse educators• Challenges in arranging

clinical placements • State boards of education

and nursing approvals

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• State authorization

• Securing and managing clinical placements and rotations

• Innovative curriculum that supports efficiency, retention and career pathways

How can Pearson help?

#APSummit

ADN BSN MSNDNP PhD

RN

Post MSN Cert

BA/BS

RN ADV ADV

• Expand Student Audience – Career Pathway

• Increase Student Enrollment

• Efficiency

• Scalability