Are the late Peter Drucker's ominous predictions about traditional
higher education true? Peter Drucker is the father of modern management. He said 'brick and mortar' institutions are headed down the road to self-destruction. He also said that
unless they are willing to undergo radical change, they will be obsolete in a generation, or totally extinct.
In the past ten years this prediction has begun to unwind with ever increasing frequency. Cyber education, as Drucker
called it, has already overtaken the classroom as the most preferred education method among college students. The preference
is a staggering seven out of ten. With the entrance of the two largest nations in the world, this is a Trillion dollar industry
in the making.
Not since the introduction of the blackboard in the middle ages has an education innovation
forced such an evolution in higher education. The entire industry from grade schools to grad schools are being impacted by
this revolution in education as it sweeps over the world. In its path, it has given rise to a new phenomena redesigned
from a distance education model to an ever increasing and sophisticated online model. Traditional schools are adopting and
adapting online protocols to suit their own constituencies from the Ivy League to thousands of national, state, provincial
and community schools, colleges and universities all over the world.