ERIC Number: ED288447
Record Type: RIE
Publication Date: 1987-Feb-10
Reference Count: N/A
The $40 Billion Question: Who Will Train for the Corporate Future?
Scott, Robert A.
Corporate education and its challenge to traditional higher education institutions are discussed. Two of the four basic missions of advanced education are the same at corporations and colleges: research and training. Educational programs offered by corporations range from the remedial to the doctoral and include educational skills development, general education, professional training, and advanced instruction in scientific and management studies. It is noted that corporations must contract for educational programs and colleges can provide business with educational programs at less fixed cost and higher quality. There are three models of relationships that colleges and business can undertake: straight contracts, joint ventures, and quid pro quo. Examples of each type of relationship are cited. It is concluded that colleges are realizing that they have not been meeting the needs of corporate employers for education and training. Colleges also recognize that the market of 18- to 22-year-olds is declining, while employees seeking continuing education is an expanding market. On the other hand, it is suggested that the commitment to education is not universally sustained by corporations. (SW)
Publication Type: Opinion Papers; Speeches/Meeting Papers
Education Level: N/A
Authoring Institution: N/A
Note: Paper presented at the Annual Meeting of the American Society for Training and Development, Long Island Chapter (Bethpage, NY, February 10, 1987).