The students of a very bad teacher will learn, on average, half a year’s worth of material in 1 school year. The students in the class of a very good teacher will learn a one-and-a-half year’s worth of material. That difference amounts to a year’s worth of learning in a single year. Teacher effects dwarf school effects: your child is actually better off in a bad school with an excellent teacher than in an excellent school with a bad teacher. If you rank the countries of the world in terms of the academic performance of their schoolchildren, many countries could climb the ladder simply by replacing the bottom 6-10% of public-school teachers with teachers of average quality (Jack Welch tells us to do this in our companies every year). After years of worrying about issues like school funding levels, class size, and curriculum design, many reformers have come to the conclusion that nothing matters more than finding people with potential to be great teachers. Summarised from Malcolm Gladwell’s excellent new book ‘What the Dog Saw.’
Co-hosted three TechKnowledge evening seminars in Bangalore, Chennai and Delhi this week. Whirlwhind tour but well worth it. Hosted more than 180 delegates, where we discussed creating a competitive difference through skills and talent. A common thread is emerging, and when you look at changing demographics, the median ages of key global markets and India’s investment in education, it is poised to become the world’s largest supplier of
well-educated workers. People are our number one asset, and India recognises that.
Families in South Korea spend 22% of their income on education and 13% on their housing. How many of us in the UK spend an amount each month on educating our families that comes anywhere near what we spend on our mortgage or rent, or even our leisure spend. It is worth thinking about, especially as the skills and talent of our next generation will determine whether a company is successful or not in future. All about the people. Also, most of us focus any spend on education at senior school or university fees – but in Asia, the big spend is on infant education – that’s where they get the greatest benefit and they generate millions of students keen to learn and able to learn (from a Vistage UK event hosted by my old chum Steve Gilroy www.vistage.co.uk).
