Hello, I'm Wendy Purcell and I'm delighted to have the opportunity to share with you
some thoughts about higher education in the 21st century and beyond.
Higher education matters.
Our world is changing rapidly.
Its problems are more difficult to predict, understand,
and handle, and are more interconnected and interdependent than ever before.
The strategy reflected in the sustainable development goals is
a global response to the disruptive and transformative forces acting upon us,
such as technology and globalization.
In this knowledge economy,
there's a growing societal premium on an educated population in
terms of sustaining economic competitiveness, well-being, and inclusion.
Higher education plays a key role in enabling talent to express itself in society,
but the need for lifelong learning and upskilling
is challenging more traditional university models.
Global higher education is going through a transformative age
with rising costs, activist stakeholders, digitization,
new competitors, massive open online courses,
so-called MOOCS, competition for students,
demographic changes, shifting student needs and demands,
disruptions all familiar to people in business.
Indeed, the central value of higher education is being challenged in some quarters.