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Sustainability of Corporate Universities (Cus) in Emerging and Frontier Economies: Issues and Prospects. Dr. Enase Okonedo. Outline. Rationale of CUs Objectives & Functions of CUs Issues with CUs Prospects Sustainability Challenges The Role of Business Schools. CU Objectives.
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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CU Functions in EM • Bridge the education gaps due to failing systems as a result of: • Outdated Curriculum • Detachment from industry • Insufficient research & development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