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Corporate Education

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About 6 pages (1,744 words)
Career Education Corporation Summary

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Another important reason for the continuing growth of corporate education is that many highly competitive businesses are abandoning the multilayered hierarchical organization in pursuit of a structure that empowers front-line workers with the authority to solve problems and make decisions in areas that affect their realms of expertise. Corporate restructuring, as well as high-speed technological advances, gives employees broader responsibilities that require more skills and training for self-managed, cross-functional teams (Atkinson and Court, 1999).

Types of Corporate Education

Independent Study Independent study is a growing trend in corporate education geared toward providing employees with interactive Web-based training, also known as virtual classrooms, from the comfort of their own desks. The Web reduces time and company costs by 50 percent over classroom training (Roberts, 1998). Employees are provided with the flexibility to learn at their convenience, at their own pace, and from most locations. This method is beneficial for those who lack the time to attend a regularly scheduled class and for those who are uncomfortable in traditional classroom situations where they would be expected to grasp concepts at the same rate as fellow classmates.

The value of an independent-study program is enhanced when used in conjunction with electronic mail, live chatroom discussions, and desktop videoconferencing.

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Corporate Education from Encyclopedia of Business and Finance. Copyright © 2001-2006 by Macmillan Reference USA, an imprint of the Gale Group. All rights reserved.

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