Ten years ago, a group of Stanford professors founded Coursera, an online education platform that allows university partners to offer courses using a subscription-based model. Known in the industry as MOOCs, or Massive Open Online Courses, the company has provided access to more than 95 million learners. These MOOCs have allowed universities to engage a broader audience not able to be reached through traditional means. Market analysts report a year over year increase in online learning, both nationally and globally. In 2021, MOOCs had reached more than 200 million people. The COVID pandemic has only accelerated this trend with most schools forced to move all classes online. Concerns around the rising costs of higher education are increasing the pressure on many universities to consider digital offerings. It’s clear that disruption is underway, but where are the opportunities and what are the risks to top-tier universities?
Bitcoin. Tether. Dodgecoin. These are some of the most popular cryptocurrencies being traded around the world. The sheer number of crypto options available today suggests significant market disruption is underway. Building on open source blockchain technology, developers have created more than 4,500 cryptocurrencies. Yet, where there is hype there is also volatility. Just last year, the value of Bitcoin dropped by $6 billion within weeks of Tesla announcing that it would not accept it and China warning that it would block all crypto exchanges. After recovering and reaching an all-time high later in the year, the price once again dipped at the beginning of 2022. Is it merely the newness of crypto that is causing this volatility or does the concern go deeper? What are the benefits of shifting the economy toward digital currencies? What are the concerns? Who will benefit?
The automobile industry is in the middle of a significant disruption. Initially led by Tesla, new companies like Rivian and Lucid are emerging while GM, Ford, and other incumbent manufacturers are scrambling to introduce new electric models and shift inventory away from gas-powered cars. Eighteen of the twenty largest car manufacturers representing 90% of global new vehicle sales have committed to expanding their electric offerings. Today, more than 10 million electric vehicles are on the road, with 3 million of that added just in 2020. Electric vehicles are on track to become the dominant technology over the next 10-20 years. But do we truly understand all the implications of this shift? Are we ready for it?
How AI and Machine Learning Are Driving a Planning Revolution and Helping Business Manage Uncertainty
Planning and project management are very old business functions, but they are undergoing a rapid change thanks to how advances in data science enable organizations to effectively manage uncertainty. University of Virginia Darden School of Business Professor Yael Grushka-Cockayne and the Batten Institute’s Sean Carr discuss how new tools in data science, AI, machine learning and harnessing the wisdom of the crowd have revolutionized how people and organizations plan. Could “over budget and past due” become a concept of the past for those able to harness uncertainty and flexibility in data-enabled ways?
Accounting measures can help boards and investors answer some very important questions about the performance, integrity and compensation of CEOs in surprising ways. Professor Shane Dikolli at the University of Virginia Darden School of Business has used analytical modeling and empirical analysis to evaluate CEOs for much of his career, and he and the Batten Institute’s Sean Carr discuss why the insights hidden in plain sight within accounting disclosures have important implications for business managers at every level.
Marketing Meets AI: How the Next Marketing Revolution Will Unfold and What Marketers Can Do to Prepare
Our lives have become an open book to the companies collecting our data, and marketers are becoming increasingly sophisticated at using that data to compel us to buy their products and services. But we’re entering a new phase of the digital marketing revolution. The artificial intelligence age. University of Virginia Darden School of Business Professor Raj Venkatesan discusses his book, The AI Marketing Canvas: A Five Stage Roadmap to Implementing Artificial Intelligence in Marketing, with the Batten Institute’s Sean Carr to examine where the industry is headed and how marketers can responsibly manage AI-powered marketing in the rapidly evolving media landscape.
The world has been captivated by the stunning collapse of Theranos and its supposedly wunderkind founder Elizabeth Holmes, who now faces trial for fraud. University of Virginia Darden School of Business Professor Jared Harris worked with Theranos whistleblower Tyler Shultz to develop a series of cases that reveal how the advanced nature of the technology allowed the ruse to go on so long and the high cost Shultz paid for his part bringing down the house of cards. Harris speaks with the Batten Institute’s Sean Carr about what it took to make an ethical stand and how increasingly complex technology will present challenges for ethical leaders.
The glass ceiling exists around the world. From the U.S. to India, women work harder to get a foot in the door, a seat at the table or a place at the top of established businesses. But what about women who want to start their own businesses? As University of Virginia Darden School of Business Professor Gaurav Chiplunkar discusses in this Ideas to Action podcast with the Batten Institute’s Sean Carr, the barriers they face might be even greater. To examine the challenge, Chiplunkar shared his new research on the barriers faced by female entrepreneurs in developing countries, how their challenges harm the entire economy, and what business leaders and policymakers can do about it.
Electric vehicles are everywhere. Renewable energy like solar and wind, too. The U.S. is back in the Paris Climate Accord. Progress to stop climate change has come so far, yet still has a long way to go and the road from here only gets harder. Professor Mike Lenox and Senior Researcher Becky Duff at the University of Virginia Darden School of Business talk with the Batten Institute’s Sean Carr about their new book on what it will take to decarbonize the economy. Not just one sector. Every sector. And their insights have big implications for every business leader, investor and policymaker.