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Article #300

Corporate Training Centers

#300
From: Gill, Kathy
Date: Mon, 26 Apr 1999 00:00
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KEEPING COMPANY WITH THE CAMPUS
Corporations are increasingly establishing universities as a way
to train employees.  Currently, 1,600 corporate universities exist
in the U.S., and 40 percent of Fortune 500 companies have
universities.  Companies in western Europe and Latin America are also
joining the university trend.  Recent mergers have underscored the
importance of corporate universities.  For example,  Daimler-Chrysler
CEO Jurgen Schrempp in a Chicago speech emphasized the role of
Daimler's university in unifying the merged Daimler and Chrysler
companies.  Schrempp says the university will help instill the two
companies with a common culture.  Also relying on a corporate
university is Citicorp's merger with Travelers Group, which will use
the university to train employees in cross-selling each other's
products.  Some corporate universities offer courses to the public in
an effort to profit their companies.  Many use the Internet, which
provides a simpler, less expensive way for companies to provide all of
its workers with training.  Since many employees expect their
companies to provide them with skills for their next jobs, many
corporate universities attempt to offer actual degrees, often by
joining with conventional universities.  (Financial Times 04/26/99)


Kathy

Kathy E. Gill
AT&T Wireless, NBO Deployment
Redmond Town Center, Bldg 4, 3155B
425.580.6459
mailto:kathy.gill@attws.com

You can discover more about a person in an hour of play than in a year of
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From: "Gill, Kathy" <kathy.gill@ATTWS.COM>
Subject: Corporate Training Centers
Date: 1999/04/26
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