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Started by Gill, Kathy
Mon, 26 Apr 1999 00:00
Corporate Training Centers
Author: Gill, Kathy
Date: Mon, 26 Apr 1999 00:00
Date: Mon, 26 Apr 1999 00:00
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2223 bytes
FROM EDUPAGE: 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 conversation. -- Plato
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