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MEET THE SNACKABLE, STACKABLE MICRO-CREDENTIAL!

 * * Dec 15
   * 
     gmichaels
   * 0
   
   
   
   MEET THE SNACKABLE, STACKABLE MICRO-CREDENTIAL!
   
    * Standard
    * Credentialing Education Marketing
   
   
   
    
   
    
   
   Just what type of digital credential is a micro-credential? Right now, it
   depends on whom you ask.
   
   Think money talks? If so, this description might suffice: Micro-credentials
   and alternate credentials are predicted to represent a $20 billion market,
   internationally, by 2025.1  
   
   Kryterion’s definition is adapted from the book, The Business of
   Certification: Creating and Sustaining a Successful Program, 2nd Edition,
    written by Lenora G. Knapp, Ph.D. and Joan E. Knapp, Ph.D.
   
   A micro-credential formally recognizes and verifies achievement of a limited
   set of specific competencies or skill sets, as confirmed by assessment, and
   may or may NOT include a training component. 
   
   Micro-credentials are also distinguished by their adaptability, as they can
   be used for a variety of purposes (e.g., professional development,
   reskilling, etc.)
   
   Kryterion’s own Chief Psychometric Officer, Leslie Thomas, Ph.D., offers this
   crisp analogy. A micro-credential is “the Swiss Army knife of credentials.”
   
   Rapid development of new digital products and services has created vast
   demand for knowledge workers with specialized skills. (See our blog post:
   Fourth Industrial Revolution.) Micro-credential boosters believe that this
   option can help deliver the skills that employers seek, and ambitious workers
   need to grow into new roles. 
   
   They’re Snackable
   
   Micro-credentials, which Dr. Thomas characterizes as “snackable or
   bite-sized,” enable learners to develop new skill sets incrementally.
   Micro-credentials’ limited scope makes them more convenient to tackle and
   complete than traditional training and education programs. 
   
   Not incidentally, learners typically earn micro-credentials with a much lower
   initial commitment of time and money compared two- and four-year degree
   programs, or even standard credential programs. 
   
   But there are other advantages, too. 
   
    * Snackable learning means a shorter feedback loop. 
    * Rapid assimilation of new skills enhances personal motivation. 
    * Digital badging, when associated with micro-credentials, lets candidates
      promote themselves
   
    
   
   Credential management programs benefit, too. It can be much easier to update
   a narrowly defined, limited purpose micro-credential, or a series of them,
   than to keep a complex credentialing program up-to-date.
   
   Dr. Thomas points out that micro-credentials are often mixed and matched to
   meet learners’ needs and those of the organizations they (hope to) serve. For
   knowledge workers, a collection of micro-credentials quickly becomes a
   personal skills portfolio. 
   
   Micro-credential collection is also a neat segue to a discussion of
   micro-credential “stackability.” 
   
   They’re Stackable, Too
   
   A micro-credential is “stackable” when it belongs to a series of related
   micro-credentials, which, when completed, constitute a path to a higher-level
   certification. 
   
   This is similar in concept to many students’ experience with two- and
   four-year academic institutions. There, a pre-defined series of courses
   completed in a specified sequence leads to the award of a degree or
   certificate.
   
   Likewise, a stack of micro-credentials can be designed to achieve an
   industry-recognized credential. With micro-credentials, however, the pace of
   progress is more likely to be controlled by the learner.
   
   If snackable, stackable micro-credentials strike you as a mouth-watering
   opportunity waiting to be harvested, you are not alone. 
   
   Earlier this year, the Brookings Institution, a nonprofit public policy
   think-tank, reported that its research “shows that stackable credentials
   improve employment and wages, particularly for students stacking in health or
   business.”2 
   
   Ask not for whom the cash register rings. It rings for us!
   
   Micro-credentials & the Credentialing Ecosystem
   
   Where do micro-credentials fit into the credentialing ecosystem? 
   
   There are five distinct answers to that question. Find them all, summarized,
   in "Micro-credentials Part 2."
   
    
   
   1. Online Degree and Micro-Credential Market to reach $117B by 2025, HolonIQ,
   March 2021
   
   2. Stackable credentials can open doors to new career opportunities. Brown
   Center Chalkboard. February 2, 2021.
   
    
   
    
   
   


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