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TRANSCRIPT
Corporate University Successes
& Challenges
CLO India Summit12th Sept, 2013
Harlina SodhiSenior Vice President – Reliance Industries LtdHead - Employee Engagement, Communication & DiversityHead - Human Resource Academy
Journey so Far…
1. CEOs expect strong Alignment with Strategic objectives, Greater Accountability and Measurable ROI.
2. They don’t care about Competency Models as much as they care about Production Quotas, Sales figures, and Market share……
3. Increasingly CXO’s are turning toward Corporate U-universities as the most Viable and proven Solution to these Challenges.”
1. We don’t have so much money to spend on “Cost Centres”. We are Reducing the Training Budgets
2. I don’t care about your training hours or Efficiency metrics. Stop taking my People away from Work
3. Times are tough….We need to focus on Business, Financials and our Talent Challenges. Let’s review L&D some other time !
Death of Corporate Universities
Dawn of Corporate Universities
Forbes - 1999
Socio-Economic-Political Scenario
2003 - 2009• Economic Growth• Business Expansion• Global Competition• War for Talent
2000 - 2002• Layoffs• Down Economy• Co’s Consolidation• Talent Surplus
• Brick & Mortar• Faculty & Central programs• Staffing for peak loads• Publishing a Calendar
Old Money New Money• Technology Infrastructure• E Learning & Online Content • Tools – iPads, SmartPhones• Social Learning Platforms
What’s the Macro-Economic Scenario ?
Where’s the Money going ?
2010 - 2013• Global Recession • Weakening Rupee • Shrunk Job Market• Political Unrest
Dramatically Changing Talent Landscape
Rapidly Changing Workforce
Shift in Demographics
Shortage of Skilled Labor Pool
Winds of Change “R” Blowing….…
We double in size every 5 years. Keeping up with the leadership pipeline is our biggest challenge – Fortune 500 Financial Services Company
How do we reach our target audience who are increasingly busy with a cost-effective & timely solution ? – Fortune 100 Manufacturing Company
How do we cross silos to create enterprise level impact and stay aligned with line management to ensure relevance and value ? – Fortune 100 Oil & Gas Company
Alignment
Efficiency
Speed
Academy
Demystified - Corporate University
Training Centre
Learning Campus
University
Learning Organization
1
2
3
4
5
Paradigm Shift in way that C.Universities work
From “U going to the University to be trained TO University coming to U !!!
Training as Corporate Education
Technology to reduce Costs
Program Centric Processes
Selected for Features
A Project or a work in Process
Courses in the Catalogue
Running the Courses
A function within HR, Centralized, Separate & Independent
Training as Business Tool
Technology as Enabler
Service Centric Processes, Highly Consultative
For Supportability & Scale
Central to everything & Highly Actionable
Aligned and working together to solve Business Problems
Content is everywhere
Serving User Needs & thereby Customers & People
From To
Focus
Technology
Processes
Tools
Measurement
HR Linkage
Content
Org Focus
Success Story – General Electric Co• Crotonville was set up in 1956…It is a 53-acre Corporate Learning
Campus of GE
• It was renamed as “John Francis Welch Leadership Center” in 2001
• America's 1st Corporate University and a Symbol of GE's Commitment to Lifelong Learning.
• Crotonville is the place where Jack Welch drove Business Initiatives.
• Jack often said that - Crotonville is a Glue that holds GE together.
• It serves as a megaphone for the GE culture and It aids Maintenance of a Corporate Culture even when spread over Diverse geographies
GE invests >$1 billion every year on Developing Future Global Leaders !!!
Challenges – Call to Action Let’s clear the muddy water and get out a Clean and Clear
definition of Corporate university
We must develop a robust Operating Model with detailed Work Streams to enable set up of standard Corp. Universities
Its time to help Organizations not just from tactical and operational perspective but Strategic !
Our Corporate Universities should begin to contribute to “academia” by getting into Research and Analysis
Its time for us @ Learning Org’s to “March Ahead” & award Degrees accredited by Ministry of Human Resources !!!