Corporate University Model Essay

From my readings and research I have learned about the corporal university assume. I will be evaluating why many organizations today atomic number 18 emphasizing raising as an employee development tool and focus on why utilizing the internal university social organization has become very popular. I think that the integrated university nonplus is a very effective model. It is an groomingal entity that is a strategic tool intentional to assist its p arnt organization in achieving its goals by conducting activities that foster separate and organizational acquire and intimacy. It is set up to bring common culture, loyalty, and be to the company. Our text states that a corporate university model is a readiness model in which the client group includes not only company employees and managers merely likewise s assumeholders outside the company (Roe, pg. 551, 2010). It response to the rapid changes in info and technology that characterizes our society.A companion to the conce pt of life-long learning, the corporate university enables businesses, both for hit and not for profit, to maintain and expand the expertise of their workforces and, as a result, to mend their positions in the market placement. The corporate university adds value to the business and, in some cases generates tax income (Gould, 2005). The top five organizational goals of corporate universities were to improve customers service and retention, improve productiveness, reduce costs, retain talented employees, and increase gross (Roe, pg. 84, 2010). If revenue is generated, the honcho learning officer develops and implements the appropriate business and trade plans (Gould, 2005). Training functions organized by the university model tend to offer a wider range of programs and courses (Roe, pg. 84, 2010). Culture and values tend to be emphasized more than often in the training curriculum of corporate universities.It centralizes training to acquire sure that best training practices tha t may be used in one unit of the company are disseminated across the company (Roe, pg. 84, 2010). It also enables the company to control costs by developing consistent training practices and policies (Roe, pg. 83, 2010). Companieshave found that investment in human capital in the form of training and development yields high returns. The ones that recognize the value of their employees and place a new emphasis on education and training are becoming more warring, successful, and profitable as a result (Dutkowsky, 2014). Transferring cognition leads to synergistic cost advantages, better implementation of organizational strategies, and competitive advantage. Organizations are implementing corporate universities to aid in knowledge transfer. This allows organizations to customize them to meet their training needs (Clinton, Merritt, & Murray, 2009).Knowledge is the primary ingredient in gaining a competitive advantage and knowledge is a firms main irreproducible resource. Knowledge has to be effectively transferred within organizations in order to maximise the competitive advantage arising from knowledge (Clinton, Merritt, & Murray, 2009). unified universities are also racy to employees as well. In this day and age, responsibility and authority are pushed descending(prenominal) and all employees are expected to make decisions and to contribute to competitive advantage. This requires workers who groundwork think and do for themselves (Clinton, Merritt, & Murray, 2009). Advanced education and continuous learning is crucial. The appoint goal for an organization is to provide its workers with the ability to retool their skills and knowledge continually. Corporate universities allow employers to provide employees the opportunity to increase their knowledge, and in return, employees will take education from the corporate university and give back to the organization through innovation, efficiency, and productivity (Clinton, Merritt, & Murray, 2009).Overall, corpor ate universities are built on a system that understands the chief concern for knowledge workers in nearly every industry and transmission line is the shelf life of their knowledge, causing them to have a constantly retool their schools. Employees benefit from the corporate university movement in more ways than precisely being able to perform their assigned jobs better. They also learn skills and possibly earn degrees that can be carried through their career, making they, themselves, more salable to the workplace. Corporate universities are the fast growing segment of the adult education market. Corporate universities strive to achieve their mission of developing programs that are understandably linked to business objectives and organizational strategy.These programs are designed to convey corporate culture and focuson learning beyond on-the-job training. By doing so, many employees throughout the United States and abroad are offered educational opportunities that talent not oth erwise be available to them. In conclusion, the corporate university model is a very effective model. Organizations constantly need to adapt themselves to bewilder aligned with an ever-changing and increasingly complex environment. Corporate Universities puts smart learning at the forefront, with strategies to secure alignment between organization and environment, which need both speed of learning and learning in the right direction. Across the globe, corporate universities have emerged as vehicles of such strategy-driven learning.ReferencesClinton, M., S., Merritt, K., L., & Murray, R., S. (2009). Using corporate universities to facilitate knowledge transfer and achieve competitive advantage An exploratory model base on media richness and type of knowledge to be transferred. Retrieved from http//eds.b.ebscohost.com.proxy-library.ashford.edu/eds/ compass point?vid=2&sid=4fbbc155-1ebe-4a53-b4b7-309ae9d4306c%40sessionmgr112&hid=115&bdata=JnNpdGU9ZWRzLWxpdmU%3ddb=psyh&AN=2009-19970-0 03 Dutkowsky, S. (2014). Trends in Training and increment THE NEW ECONOMY, TRAINING IN U.S. COMPANIES, WHO DOES THE TRAINING IN CORPORATIONS? Retrieved from StateUniversity.com http//careers.stateuniversity.com/pages/852/Trends-in-Training-Development.htmlixzz34jTinPJA Gould, E., K. (2005). The Corporate University. A Model for Sustaining an Expert Workforce in the Human Services. Retrieved from http//bmo.sagepub.com.proxy library.ashford.edu/content/29/3/508.full.pdf+html Noe, R. (2010) Employee Training and Development (5th edition). McGraw-Hill/Irwin