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Explore the rationale, objectives, functions, issues, and prospects of Corporate Universities (CUs) in emerging economies. Delve into sustainability challenges and the role of business schools in shaping the future of CUs.
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Sustainability of Corporate Universities (Cus) in Emerging and Frontier Economies: Issues and Prospects Dr. EnaseOkonedo
Outline • Rationale of CUs • Objectives & Functions of CUs • Issues with CUs • Prospects • Sustainability Challenges • The Role of Business Schools
CU Objectives • Reinforce and perpetuate organisational best practices and core competencies • Manage change and introduce new knowledge • Drive and shape strategic direction and explore future opportunities
CU Functions • Initiative/project-oriented: targeted towards delivery of project specific training • Change management • Leadership development • Business development: exploratory development of new business initiatives • Relationship management (customer/supplier): enhancing employee relationship management standards; communicating standards to suppliers/partners • Competency/career development
CU Functions in EM • Bridge the education gaps due to failing systems as a result of: • Outdated Curriculum • Detachment from industry • Insufficient research & development
Global Issues • Proprietary - scope limitations • Accreditation - limiting acceptability of programmes • Technology-based - eliminates classroom experiences and person-to-person interactions • Subjective/closed – single organisational perspective • Static – limited career development for corporate educators • Timeliness – information delivery of education
Emerging Market Issues • Cost • Undermining the competitiveness of firms • Digital infrastructure – ICTs
Sustainability of CUs • Model: learning organisation vs. world-class CU • Access: physical vs. electronic delivery • Online/virtual delivery dependent on ICTs and learning management systems (LMS) • Content: specific vs. general • Curriculum development and content management • Delivery: whole vs. decomposed • Provision of bite size knowledge as and when required
CU Sustainability in EMs • Private sector participation in the enhancement of public education system through • Curriculum development • Resource/infrastructure development
Role of Business Schools • Learning Management • Content Development