1. LAGOS BUSINESS SCHOOL (LBS) Sustainability of Corporate Universities (Cus) in Emerging and Frontier Economies: Issues and Prospects Dr. Enase Okonedo

2. LAGOS BUSINESS SCHOOL (LBS) Outline Rationale of CUs – Objectives & Functions of CUs Issues with CUs Prospects Sustainability Challenges The Role of Business Schools

3. LAGOS BUSINESS SCHOOL (LBS) 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

4. LAGOS BUSINESS SCHOOL (LBS) 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

5. LAGOS BUSINESS SCHOOL (LBS) CU Functions in EM Bridge the education gaps due to failing systems as a result of: – Outdated Curriculum Detachment from industry – Insufficient research & development

6. LAGOS BUSINESS SCHOOL (LBS) 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

7. LAGOS BUSINESS SCHOOL (LBS) Emerging Market Issues Cost – Undermining the competitiveness of firms – Digital infrastructure – ICTs

8. LAGOS BUSINESS SCHOOL (LBS) 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

9. LAGOS BUSINESS SCHOOL (LBS) CU Sustainability in EMs Private sector participation in the enhancement of public education system through – Curriculum development – Resource/infrastructure development 9

10. LAGOS BUSINESS SCHOOL (LBS) Role of Business Schools Learning Management – Content Development 10

11. LAGOS BUSINESS SCHOOL (LBS) THANK YOU!