The University & Consulting Revolution
UPEI began an experiment in the summer of 2006. Come to PEI for the summer and meet the other students and then go onto take an online Master’s degree in the Natural Economy. The Master in the Natural Economy (MINE) is a master’s degree course that engages the learner as many of the ideas and practices of the new ways of organizing and acting as possible. It embodies the ideas of our new time. It draws on hundreds of “Gurus” that live all over the world that bring their own story and experience to bear. Students, who nearly all are employed, develop their own path of study within the context of the course intention.
The school initially emerged out of one course, Marketing as a Conversation inspired by Cluetrain and by the ongoing thinking and blogging of by people like Seth Godin, Hugh McLeod, Johnnie Moore and Jennifer Rice. Their marketing revolution was the first breach of the old system that took hold.
There are a number of paths that students can take but all the work is founded in the ideas of how real relationships and real networks work. Paul Hawken is Dean Emeritus and the current Dean of the School in Natural Economy is George Dafermos who’s early writing on the use of Open Source, as an organizational model, has been so influential. Robert Scoble is the Visiting Guru this year and will be on PEI this summer offering workshops in Voice and Culture. He replaces Dave Pollard who will be sorely missed.
Students spend a month in the summer here on PEI where their task is to get to know each other and to decide on their focus for study. They then return home and form groups that are facilitated by the gurus. The full Masters degree costs only $7,000 and has of course no other costs. There are now 17,000 students in the system that is 4 times the size of UPEI, conventional undergraduate school.
MINE Graduates are in extreme demand as organizations struggle to understand the shift that they have to undergo. The traditional business schools have had great difficulty in moving this fast because they have such an investment in the old. Similarly, the major consulting firms have all but collapsed, as they too could not reframe their costs and their competence.
In their place have emerged networks of “Gurus” like the Hughtrain Alliance that are recognized as the key talent that shook the marketing world. These networks have a very different model and become partners of the host organization. They are not report writing organizations with expensive offices and extreme hierarchies but are much more like coaches of a team. Most of the students of the Natural Economy work and most of their study is in the context of solving their real challenges.
In effect, consulting has become an extension of the education process.
I wrote this nearly 5 years ago as part of an Essay called Going Home. Obviously things take longer than I had thought but I still this that this is workable.
Seb Paquet asked me if I would like to help setting up a New Academy - I said yes - could it be like this?