Risk-Taking is the Answer

In a recent interview, Michael Crow identified risk-taking as vital. Who is Michael Crow? He has been the president of Arizona State University for twelve years. During his tenure enrollment has increased 38%, research spending has tripled and tuition has been kept in check. What’s his secret in a setting in which many universities are struggling? Crows says that educators and large academic institutions need to be more entrepreneurial and take more risks. He goes on to state that higher education is too risk-averse and needs to be more innovative.

Isn’t it refreshing to hear someone from a world that can be bound by tradition and excessively focused on the past talk about the need to move forward boldly?
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The interview of Crow is titled “Design for a New College.”  It was conducted by Douglas Belkin and is available on the website of the Wall Street Journal.

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