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Management article
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Reference no. 88501
Published by: Harvard Business Publishing
Published in: "Harvard Business Review", 1988

Abstract

Today corporate education is a vast and complex undertaking that costs U.S. business $30 billion a year and occupies most workers for a significant part of their lives. Unfortunately, much of this time and money is thrown away. To carry out effective corporate education, companies must: have a clear strategic vision; analyze their needs and priorities; learn to distinguish between training and development; learn how to choose teachers and locations for instruction; involve top executives in T&D; and conduct a continuing evaluation of educational worth and cost-effectiveness.

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Abstract

Today corporate education is a vast and complex undertaking that costs U.S. business $30 billion a year and occupies most workers for a significant part of their lives. Unfortunately, much of this time and money is thrown away. To carry out effective corporate education, companies must: have a clear strategic vision; analyze their needs and priorities; learn to distinguish between training and development; learn how to choose teachers and locations for instruction; involve top executives in T&D; and conduct a continuing evaluation of educational worth and cost-effectiveness.

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