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 two decades 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 according to Pew Research and our own annual surveys of college students. With the entrance
of the two largest populated nations in the world, China and India, this is a Trillion dollar industry in the making.
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 education 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.