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At the top of the charts
IMD's programs are ranked highly by the world's most influential business publications.
Company training programs have become an essential part of the business strategy for many organizations. It is now widely acknowledged that the competitive advantage of a company is closely associated with the talent of its workforce. This pool of talent needs to be constantly nurtured through different types of company training programs - such as business management courses, project management training, leadership courses or marketing classes, to name just a few examples.
Company training programs allow a company to realign and refresh its workforce skill set and are a useful tool for motivating and re-energizing staff morale. If handled well and planned correctly, company training programs can also act as an effective tool for continual executive development, eventually delivering concrete measurable results to a company's bottom line.
While many organizations have company training programs in place, they need to account for the fact that corporate training is time-consuming to put together and execute. Also there may be different training requirements depending on the business unit or the functional department. Therefore, support from external experts in establishing company training programs is often necessary in order to ensure that professional and cost-effective training programs are put in place, with the appropriate support of the company's training manager.
When deciding on which company training programs an organization should establish, the following five elements need to be evaluated:
Company training programs will continue to be part of companies' strategies to achieve competitive advantage. As there are a myriad of options available in the marketplace to establish company training programs, the training manager should adopt a strategic approach towards executive education with support from professional trainers- as well as good business schools - in order to ensure that any training program adopted is strategically linked to the company's business objectives. Only when this is the case will the company be in a position to deliver effective company training programs.
This kind of test can give you an independent evaluation of your management and leadership skills. A well-designed manager assessment test from one of the good business schools allows you to find out more about yourself and your abilities.
Rankings
At the top of the charts
IMD's programs are ranked highly by the world's most influential business publications.