‘We Are Creating Walmarts of Higher Education’ – Timothy Pratt – The Atlantic

One of the biggest threats is the move in many states to allocate funding for public universities based on measures such as graduation rates, rather than simply enrollment, say Fichtenbaum and others. They say that will compel faculty to pass more students, including some who may not deserve to be passed.

“I have no doubt this is going to create a subtle pressure to pass students who wouldn’t otherwise,” says Fichtenbaum. He says the pressure may be even greater for part-time faculty, or those who don’t have the job security of tenure. Advocates for change say the faculty who resist it have an obvious stake in a status quo that doesn’t work.

via ‘We Are Creating Walmarts of Higher Education’ – Timothy Pratt – The Atlantic.

A little glimpse into the Future of Brand Building

I was part of an interview that AdFed did w/GoKart Labs for their year end wrap up. I’m really excited about where this GoKart team can take brands. We’ve got the talent, the ideas, and the capability to make a real difference for brands. Should be a great 2014!

 

We are excited about modern brands that are moving beyond simple “messaging” (i.e. ads) to actually making apps, services, platforms and utilities that create deeper connections with their current fans in more useful, relevant and participatory ways. New users, new buyers, will become aware of brands and business through the things their friends do *with* these platforms and the content. These investments in useful content and services create organic growth for brands, whether its deeper loyalty, sharing or even offline word of mouth.

via AdFed – Made for those who make.

Why Food? — For Positive Change in the Food Industry by Yvon Chouinard – Patagonia Provisions

This is another great example of a purpose-lead organization finding new growth (new products, new categorys, new customers) by starting with their purpose, and using that to inspire invention. In this case, their entry into the food space.

So it only makes sense that we’d want to share some of our favorite food with our customers. But that’s just the beginning; we also believe there is great opportunity—and an urgent need—for positive change in the food industry. With Patagonia Provisions, our goals are the same as with everything we do: We aim to make the best product, cause no unnecessary harm, and perhaps most important, inspire solutions to the environmental crisis.

via Why Food? — For Positive Change in the Food Industry by Yvon Chouinard – Patagonia Provisions.

Brand purpose is often the best place to start when seeking new revenue growth. By recommitting to your core purpose, you can start envisioning whole new ways to play in your own business landscape. Or, like Patagonia, you can move into whole new categories with completely new products. Operational and business model complexities aside, to consumers, moves like this make sense when there’s a clear purpose behind the brand to tie them together. Invention (identifying new ways to grow like new products and services) comes fastest when there is a clearly articulated brand purpose guiding the explorations.