HOW DO DISRUPTIVE TRENDS PLAY A ROLE IN HIGHER EDUCATION, AND HOW DO THEY IMPACT THE LIVES OF STUDENTS AND THE ECONOMY OF BHARAT?

According to Harvard professor and business expert Clay Christensen (Christensen & Eyring, 2011), the higher education sector is next in line for significant disruption, a drastic change that develops a new way of doing business, brought on by technological and societal shifts. The film industry, for example, has been permanently disrupted by streaming video services like Netflix and Hulu; the music industry by digital music services like Spotify, iTunes, and Pandora; the transportation industry by on-demand car passenger services like Uber and Lyft; and so on. Traditional methods of higher education are being challenged, and as a result, students, teachers, and alums are experiencing shifts in their daily routines. In order to grow and remain financially stable, universities of all sizes and types are quickly adopting the technologies that are essential to doing so. The purpose of this article is to assess the "disruptive" trends now influencing higher education and impacting student lives and nation's economy.