Providence, RI (April 23, 2018) — The Business Innovation Factory (BIF) is pleased to welcome our newest Member, the Alliance for Innovation & Transformation (AFIT), a learning network of 50 community colleges and higher ed organizations committed to transforming student experience and outcomes.
AFIT’s mission is to lead systemic change in higher education by providing learning, development, and networking opportunities focused on customer-driven value. AFIT and its members recognize the imperative to not just improve incrementally but to transform the higher education experience.
“AFIT is a great addition to our innovation community,” said BIF Founder and Chief Catalyst, Saul Kaplan. “Community college is a lynchpin for needed transformational change in our national higher education system. It is the perfect bridge for so many between K-12, higher ed, and the workplace. We’re excited for this opportunity to engage AFIT members to help make transforming higher ed safer and easier to manage.”
This year’s AFIT strategic theme is business model innovation and BIF has been selected as the Lead Learning Partner for the Annual AFIT Summer Institute planned for this August in Kansas City. AFIT members attending the Summer Institute will embark on an innovation journey to imagine, design, prototype and test entirely new business models and next practices to transform student experience and outcomes and to create sustainable futures for their higher ed institutions.
At the AFIT Summer Institute, BIF will guide over 250 participants through our Business Model Design Process giving them tangible tools and skills to take back home on their campuses to explore and test next practices and transformational new business models. The teams will also explore the conditions necessary for their innovation strategies to be successful at scale. In AFIT’s own words, no longer will “‘take no action’ or ‘move forward with incremental change’ mindsets sustain operations; innovation and organizational transformation must become a priority.”
We have already started working on a project with six AFIT community colleges that signed up and dedicated the time and expertise of their presidents and leadership teams to become “early adopters” of BIF’s Business Model Design Process. These community colleges are being guided by BIF’s Methodology to prototype and test next practices and new business models relevant to their own context. Each team is adopting a student experience lens as a foundation for design to help them reimagine how their community college might transform how they create, deliver, and capture value.
Here at BIF, our Student Experience Lab (SXL), is focused on the imperative for business model innovation in education, from pre-K to higher ed to workforce development. Our national higher ed system was designed for a different era and hasn’t innovated its business model fast enough, leaving a growing number of students behind.
As BIF Members, AFIT will access our network of institutional business model innovators in education, health care, and public services to take advantage of opportunities to connect to a steady flow of business model design ideas, practices, and tools.
We’re honored to welcome AFIT as a BIF Member and to catalyze transformational change for higher ed institutions in its learning network. We look forward to sharing what we learn with the broader BIF community.