Degrees of motivation

Written on the 1 December 2010

JUNE 2010

DURING  the GFC executive education was all about up-skilling and waiting for the recruitment sector to recover before reaping the benefits.

With corporations now looking to retain talent through personal development, motivation and rewarding outcomes, offering tertiary qualifications to the best employees is now drawing parallels with extra salary incentives.

SCU’s Graduate College of Management (GCM) director of corporate programs Ben Faranda, says corporate university programs are becoming more popular with HR managers looking for alternative ways to retain talented staff.

“Southern Cross University and in particular the GCM, have been running corporate programs with a series of very satisfied clients and successes,” says Faranda.

“The concept is fairly simple, yet highly elegant. GCM’s corporate programs design a series of workshops and modules that are used within corporate environments as a form of executive education, personal development and performance improvement.”

Faranda says having an academic edge is becoming increasingly important as the economy grows, industry returns to hiring and the search for top talent ‘heats up’. With the trend in mature-age education not looking like slowing down, Australian companies may even replicate their US counterparts and ‘team up’ with a partner university.

“You will find HR managers and organisational development managers increasingly focusing on ways to retain their current pool, let alone start the arduous and expensive process of recruitment,” says Faranda.

“External research and examples from the USA indicate that more and more firms will team up with a university to deliver their executive level learning programs.

“For example there is a McDonald’s University, a GE university and so forth.

“While they are branded under the corporate name, they are in essence and in most cases a joint venture.

“An Australian example of this is Coles Group, under Wesfarmers, who work closely with Deakin University for their executive education requirements.”


Latest News

VITA GROUP POSTS STEADY RESULTS DESPITE ROUGH YEAR

IT'S no secret Vita Group (ASX: VTG) has had a testing year, however the company has still managed to deliver ...

KOGAN BREAKS FORECASTS IN ITS FIRST YEAR OF PUBLICLY LISTED TRADE

RAISING the bar high in its first year as a publicly listed company, Kogan.com (ASX: KGN) has smashed its forecast...

CAMPLIFY MOTORS INTO THE UK MARKET

CARAVAN hire and RV sharing community Camplify has made its move in the European market, establishing its first op...

COCHLEAR R&D INVESTMENT DRIVES NEW PRODUCTS AND BOOSTS PROFIT AND REVENUE

COCHLEAR (ASX: COH) has boosted its 2017 full year net profit by 18 percent to $223.6 million and has forecast furthe...

Related News

WESFARMERS BOOKS BUMPER PROFIT BUT SUPERMARKET WAR HITS COLES' BOTTOM LINE

SUPERMARKET giant Coles has posted its biggest slide in earnings since it was acquired by Wesfarmers (ASX: WES) 10 ye...

ANALYSTS PREDICT WHAT AUSSIE LIVING IS LIKELY TO BECOME IN THE NEXT CENTURY

AS THE Australian population continues to grow, analysts are predicting what the country is likely to look like wi...

SEVEN WEST REPORTS MASSIVE LOSS AND CUTS CEO TIM WORNER'S PAY PACKET BY $450K

SEVEN West Media (ASX: SWM) has posted a full-year loss of $744.3 million and cut CEO Tim Worner's pay packet by ...

HOW MAKING MISTAKES AND PASSION SCORED WEIGHT LOSS PARTNERS A DEAL WITH SHARK TANK'S JANINE ALLIS

THEY partnered up to provide a scientific and targeted approach to dieting, and Kate Save and Geoff Draper cut Sha...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter