Wisconsin Dells School District will switch its disinfectant to clean frequently touched surfaces to kill the COVID-19 virus after reports of damage to students’ clothing.
Mila Semeshkina is Founder and CEO @ Lectera.com & Expert in Fast Education.
We may not like the so-called fast industries, but they make our day to day easier and more comfortable. We no longer break our heads when we need a quick bite or new clothes for a teenager. We get what we need, and we get it fast. Fast industries guarantee us accessibility, quality and service standards.
The restaurant business was the first fragmented industry to successfully become fast in the 1960s. It has come a long way. Many consumers now prefer quick-service restaurants over full-service. The success of McDonald’s, the world’s largest restaurant chain, is truly global — even in France, the land of haute cuisine and exquisite products.
In the 1970s, the apparel market followed the path with H&M and Zara leading the market. And once again, we saw rapid success in a fragmented market. Even today, the world’s largest clothes retailer, H&M, controls only 1.6% of the market share and Zara, the second largest, controls 1.2%.
The digital revolution and affordable internet access arrived in the 1990s and made almost any B2C industry (always fragmented) fast. Grocery shopping became fast due to internet orders and delivery services, Amazon became the largest provider of daily purchases. Our way of buying almost everything from transportation services to flowers has changed.
The educational market has long remained on the sidelines. We see that market fragmentation is a condition for the success of fast industries. Historically, this market is also fragmented. There used to be an independent college or university in virtually any big city in the world and all the educational institutions followed the same guidelines often set by governments, but the bottom line depended on people who taught. And it takes years to get an education: We continuously study from 13 to 25 years of our life.
As life speeds up, not everyone can afford to learn that long, so we have a trend toward faster education. The first to realize that were businessmen, as time meant money. On-campus MBA programs used to last two to three years, now they can be completed online in just a year. Even the most reputable business schools like HEC Paris followed suit. Global digitalization pushed many educational programs online, and these courses tend to become shorter. So maybe the time is right for fast education to succeed and it surely will, as it offers some indisputable advantages.
Education That Saves Time
Fast education means shorter lessons. Bite-sized learning is one of the key educational trends of the 21st century that brings comfort. You study at your own pace whenever and wherever you want. Educational courses can be divided into smaller parts so that you don’t need more than 15 minutes a day to study.
Time is even more important for the underprivileged. You don’t have years to dedicate to college if you must provide for your family now. And if you’re unemployed, you usually want a new job fast.