LE02

The change

Vision and mission:

As the famous Chinese axiom goes "Give a man a fish, and you have fed him once. Teach him how to fish and you have fed him for a lifetime." The Khan Academy has revolutionized teaching in this contemporary world. Khan Academy’s Vision is to provide world class education at free of cost to anyone or anywhere in this world. Mr. Khan is visionary who have leveraged technological advances to the advantages of his social cause. His vision is to create thousands of video tutorials to make self learning. He has also stated that he wants to state the academy into charter school where students will involved in activity based learning. He sees a world with free education for all in the future.

Technological Skills:

Technology has made possible Mr. Khan’s dream come true. It all started just when Khan started teaching math’s his distance cousin Nadia from Bangladesh using yahoo doodle images. Based on the cousin’s feedback other cousin requested for such remote tutoring from Mr. Khan. In order to use his and their time efficiently. He just revolutionized the teaching practices sitting at home with a mic and pen tablet mouse. He uploaded all the video tutorials to youtube and made it accessible to everyone. It can also be accessed through facebook and google.T here is close to 150 million view whereas MIT’s blog has only 38 million views. He will teach more number students than any other institution has taught.

Human Skills:

He changed the whole concept of virtual tutoring. In all other virtual tutoring they would be just standing beside the black board and teach. But in Khan’s video he never once showed his face. Everyone just know him through his voice. He employed simple techniques and creative solutions to teach complex problems which school students had difficult in learning. Students can also learn at their pace. They were given feedback based on their performance. There also tools available to give feedback to teachers about their student’s performance. He is Theory Y person with positive aptitude. That made him Quit his job has a Hedge fund manager and form this nonprofit organization to empower the students. If he was a theory X person we would have never quit his current job to take this work. His wife also needs appreciation in allowing him to do his work and after quitting his current job.

Organization structure:

Mr. Khan till now was a one man army. He till now made the most of the video’s of 3200+ videos. He has recently started a partnership with Smarthistory. Dr. Beth Harris and Dr. Steven Zucker have joined our faculty and added hundreds of Art History videos to our library. Volunteers have also begun to translate the videos into other languages

Revenue model:

He started this has a NGO and willing to continue to do so even after being pursued by various Venture capitalist. He says he is ready to participate with any social venture capitalist but not with people who are keeping profits in mind. He is being promoted by Milinda & Gates foundation and Google right now.

Conclusion:

Thus Mr. Khan as done a great amount work for the society. We students of Nitie must also come up with solution for day to day problems faced by the people in lower level of starta. We should act with bounded rationality as Mr. Khan has done to his firm.