
In his post, Business Model: P2P Class Note, Dr. Keith Hampson, higher education director and founder of Higher Education Management blog/LinkedIn Group, discussed how GradeGuru stands to leverage the web to help students manage the traditional process of note sharing. Dr. Hampson provides a brief analysis of the higher education market and how note-sharing platforms might fit into the equation of standardized education.
“From a business perspective, the degree to which content in higher education is common across schools is of fundamental importance. If much of the content is generic (and/or students believe it is generic), then it is possible to offer content-based commercial services to the higher education market. It’s scalable, in other words.
The textbook industry has long relied on the significant degree of commonality in higher education curriculum. It is the basis of their business model. The first large textbook providers emerged in the 19th century when governments sought to standardize education; who can teach, what they teach, and so forth.”
About The Higher Education Management Group
Higher Education Management Group is a LinkedIn Group. Initiated in the summer of 2008, the group is for management professionals working in the higher education industry. HEM Group focuses on the people, organizations, and issues that operate at the intersection of business and higher education. The group offers opportunities for networking and information sharing. Members include consultants, industry research/analysts, vendors and managers in textbook publishing, technology, recruiting, colleges/universities, and development (fundraising) professionals.
Picture Credit: Erin Sunderland