BU111 Lecture Notes - Lecture 19: Khan Academy, University-Preparatory School, Risk Aversion
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Bu111 - lecture 19 - technological factors (continued) Disrupting education? (free but is it as good as a private tutor/college course?) Humble beginnings - videos for his cousins! Funding from google and gates foundation (interested in seeing education become accessible, sharing it particularly with those who have few means of receiving it) Expansion to college prep courses, humanities, and the sciences. Organization structure and capabilities slow response time/ability and influence choices (as they get big, become massive bureaucracies. In addition, if an idea requires reorganization, very difficult to move people around etc. ) The longer a pattern exists, the stronger the capability is, the harder it is to change. Organizational processes weed out ideas that don"t address current customer needs (look at critical success factors to determine if the idea meets or does not meet needs) Ignore new technologies that don"t initially meet needs of mainstream customer (not being irresponsible, they are actually using common sense)
