challengecapitalizeilluminatecriterionlong-termhinderscompelswhilebothrangeprioritybetweenderivetouchhence
Corporateuniversitieswerefirstcreatedinthelate1980sasanenhancement
totraditionaltrainingdepartments.Thisnewapproachwasdesignedtoalignthe
trainingarmofcompanieswiththeorganizations'visionandstrategy.Critics
claimthathighereducationprogramsaretoooutof[31]withbusinessesoftoday,andthey
desireatrainingapproachthatcloselyparallelstheirreal-worldconcerns.
Companiesarerecognizingthatdevelopingpeopleisatop[32]intoday'scompetitiveenvironment.
Additionally,theyrecognizetheneedto[33]ontechnologytomaximizethe
knowledgebasesinorganizations.Corporateuniversitiescan[34]fromatrainingdepartmentlookingto
branditsofferingstodivisionsofcompaniesthatofferaccrediteddegree
programs.Sometimesthefocusofacorporateuniversityisonmakingthe
outsourcingoftrainingacorecompetence,whileinothercases,thetrainingis
developedbyateamoflearningprofessionalswithintheorganization.Corporate
universitiesofferapowerfulmodelforlearningthat[35]learnerstogrowanddevelop.Most
importantly,theycanhave[36]positiveeffectsonacompany'sfinancialhealthand
stability.
Therearesomeimportantdifferentiators[37]thecorporateuniversitymodelanda
traditionaltrainingdepartment.Theprimarydifferenceisthatcorporate
universitiesaredesignedtoalignwiththestrategicinitiativesofthe
corporation,[38]
trainingdepartmentstendtobemorecenteredonofferingopen-enrollment
classesthatareinhighdemand.
Examiningthedifferencesbetweencorporateuniversitiesandtraditional
trainingdepartmentscan[39]manyoftheweaknessesthathave
