Academic & Corporate Relation Gaps. The T&D Role In Fulfilling It! By Samer Rizk

Outlines: Today's Business Environment The Increasing Corporate Needs Gaps from Academia to Corporate Role of T&D in Bridging Gaps The Future Learning

Today's business environment Knowledge based economyStrong global competitionPervasive GlobalizationMulticultural complexitiesFrequent & Rampant changeFaster flow of information and communicationIncreasing business complexity

WAR OF TALENT

Brain Teasing Facts

Key Talent Challenge

Talent Shortage By Position

Increasing Corporate Needs Adaptability to change & Flexibility Innovation & Creativity Strategic Cost Effectiveness Strong Leadership High Communication levels High Efficiency Proactiveness & application ability

Gaps from Academia to Corporate Academic & standard education has a limited flexibility. Focusing on fundamentals & vocational, with few steps into corporate formal trainings. Several emerging lines of business are untargeted with any specific curricula (ex Fashion Retail).

Gaps from Academia to Corporate Focusing on building competences more than competencies. Academic suffers from slow change process, unable to cope with the fast change in business environment & generated needs. Essential but no longer enough.

Role of T&D in Bridging gaps Continuous corporate skills update to new market tools Corporate needs focused with flexibility in adapting to change Develop the competencies for efficient use of competences. Direct learning into specific tasks based on organization gap analysis. Nurturing a “Knowledge based” workforce.

IS IT ENOUGH? IS IT PROACTIVE? IS IT STRATEGIC? IS IT RESULTS GUARANTEED? IS IT COST EFFECTIVE? IS IT RELEVANT TODAY?

THE FUTURE Corporate Universities Non Traditional Trainings Blended Learning

Corporate Universities To embody the soul and the identity of the company To face complexity and uncertainty To implement business strategies To foster corporate innovation To cultivate a learning culture Through: Developing identified future needs Being Strategy Driven in their curriculum Acting as corporate knowledge backbone Focusing Trainings towards the future Moving Training from being a cost center to profit center.

Non Traditional Trainings Non traditional classroom trainings Non formalistic student-teacher relationship. Non lockstep planned curriculums Such as: Knowledge cafes Video Games Learning Voice Learning Open debates sessions Learning blogs through social media Leadership Evening Experiential Learning

Blended Learning Uses a blend combination of : - Academic Education - Vocational Education - Classic classroom trainings - Non Traditional trainings - E-Learning Different tools & methods developing the same need. Serves as a corporate learning and R&D at the same time for businesses.

Understand it Adapt to it Be aware, cultures matter… Implement

THANK YOU References: Bersin & Associates (2011) Sarros, J. C (2001) Mullins, L.J.(2010) Felce, A. (2011) Leedy, P.D & Omrod, J.E (2005) McDermott, K.(2008)