ExtensionEngine Blog

Use a traditional OPM, or you could simply light a pile of money on fire

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Recently I have had separate in-depth talks with high level administrators and faculty leaders at multiple schools—public and private, large and small, coastal and middle-of-the country—where the obvious conclusions, usually unspoken, were reached by all in the conversation. The difference was, each of these times the conclusions were spoken out loud:

One said “A school can work with a traditional revenue-sharing OPM if its goal is to simply get online. But given the financial implications of such a partnership, it would be just as effective but faster and put much less of a burden on faculty for the school to simply pile up a bunch of money in the middle of a room and light it on fire.”

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Rethinking the Bundle

Here’s a thought we ran into recently in an article in Edsurge regarding the future of online learning development:

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Online Learning without Revenue Sharing? [Webinar Recap]

ExtensionEngine teamed up with Eduventures to present a webinar on “Online Learning without Revenue Sharing.” What did we learn? Well first, we learned you can cover a lot of ground in 30 minutes if you speak fast and stay focused. We love short webinars — they are better learning experiences. We also learned that many of those who attended were excited to learn about the fee-for-service and a la carte models. The OPM model, which has dominated online learning in higher education for many years, is changing — new entrants, new approaches, and new demands from institutions.

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