Development of Corporate University Evolution Scenarios

In the changing profile of corporate education and learning, corporate universities are a major force for aiding organizations to actively embrace technological change and upgrade their human capital. This study examines how corporate universities adapt their techniques to keep up with fast-changing technology, making the learning process universal yet personalized. This study also examines the linkages between corporate and traditional academic institutions in terms of strategy, aiming to produce a blending of theoretical knowledge with practical skills (Rhéaume & Gardoni, 2015; Prince & Beaver, 2001). Such combinations increase the relevance and applicability of education programs, helping them to achieve greater conformity with business objectives (Singh et al., 2019; Rademakers, 2001; Philipp et al., 2013). Twelve experts from large companies were chosen for two iterative foresight sessions. With this paper, we report the factors, which affecting the development of corporate universities and which were identified and ranked through a survey of experts (Dealtry & Rademakers, 2005; Rademakers, 2004). Moreover, these factors were combined into a matrix of development 15 scenarios, the main risks that could negatively affect the development of this phenomenon were identified and strategies were provided to prevent these threats. This study not only reflects the current trends of corporate university in the company but also lays the foundation for understanding the factors influencing companies’ development.