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The speed of business today requires professionals to be agile, adaptive and responsive to new developments and this speed is practically redefining the paradigm of how we approach formal education.
For example, degrees and certificates in the medical industry are still of vital importance because you want doctors who have gone through a standardized, accredited education system in order for them to be able to treat you.
In industries such as marketing and new media (internet, music, entertainment), degrees mean nothing. This is because of the 'real -time' nature and speed at which these industries change.
A benchmark or standard today may not be the same tomorrow, and so constant on-job experiences, relationships with co-workers, networking, adoption and embracing of new technologies inside the working ecosystem is a lot more valuable that acquiring a piece of paper.
