Edited by D. Bruce Johnstone, Madeleine B. d’Ambrosio and Paul J. Yakoboski
Paul J. Yakoboski Individuals, groups, businesses and institutions now function in a global environment that impacts and influences almost every aspect of their activities. Higher education is no exception as it now functions in a global environment of consumers, employees, competitors and partners. In fact, it could be argued that higher education has in many ways been a force for globalization and a model for adapting and responding to the resulting trends, but nonetheless it remains challenged in some ways in responding to the new global reality. Against this backdrop, in November 2008 the TIAA-CREF Institute hosted the Higher Education Leadership Conference, “Higher Education in a Global Society.” The conference brought together presidents, chancellors, other senior campus officials, higher education researchers and thought leaders, and the senior management of TIAA-CREF to examine emerging issues, challenges and opportunities for advancing higher education across borders, with the realization that now is the future for creating cross-cultural understanding, building global collaborations and strengthening worldwide economies. As noted by Roger Ferguson, President and Chief Executive Officer of TIAA-CREF, during his keynote address, the recent crisis in the financial markets highlights the sweep of globalization and the complex challenges confronting our society. He maintained that a better-educated global workforce is essential as we contemplate the future of the global economy and worldwide standards of living. He further argued that a better-educated workforce requires a global investment in human capital. This may necessitate more aggressive enrollment policies for higher education, particularly to increase enrollments in developing...