A cornerstone of corporate training, the corporate academy, is experiencing a renaissance, particularly because of the development of Artificial Intelligence.
While it used to be only a means of delivering employee training, the academy is now back in vogue as a collaborative and interactive method of skill development and bridging the skills gap.
Whether you are considering setting up a Corporate Academy or simply want to understand what it is, this article will give you all the information you need. Let’s get started!
What is the Corporate Academy?
A Corporate Academy is an internal training entity of a corporate organization that is responsible for providing specific learning and development programs for employees.
It is usually designed to help employees develop skills, gain knowledge and improve their professional capabilities in line with the company’s strategic goals.
The Corporate Academy offers a wide range of courses, workshops, on-the-job training and other training resources with the aim of improving individual and collective performance within the company. This approach aims to promote employee growth and the long-term success of the company.
How do you build it?
Building a Corporate Academy requires strategic planning and a number of key steps. Let’s look at some of them together!
- Set the goals of the Corporate Academy so that they are in line with corporate strategy and reflect the training and development needs of employees. Read here to understand how to do it!
2. Analyze training needs to identify the skills and knowledge needed to achieve the set goals. This phase may involve interviews, surveys, or skills assessments.
3. Create a balanced training path that includes a variety of courses-both generic and specific-learning modules and multimedia training resources.
4. Select the learning modalities that you feel best fit the needs of the employees and the objectives of the course. The choice is truly vast: classroom courses, e-learning, webinars, hands-on field training, mentoring…there is something for everyone!
5. Develop the necessary resources to support employee training-such as training materials, e-learning platforms (we recommend a super-functional and comprehensive one), assessment tools, etc.
6. Plans the launch and implementation of the Corporate Academy, without neglecting the communication addressed to employees, the management of the necessary human and technological resources, and the continuous updating of materials according to corporate objectives.
7. Conduct frequent evaluations, because it is through feedback from your employees that you can make continuous improvements to the course and measure the effectiveness of the Corporate Academy.
8. Promote proactive employee participation and engagement so as to create a positive and collaborative learning environment.
Building a Corporate Academy takes time, resources and commitment, but it can lead to significant benefits for both employees and the company as a whole.
Corporate Academy and Artificial Intelligence
Artificial intelligence (AI) can contribute to Corporate Academy success in several ways, improving training effectiveness, personalizing learning, and optimizing processes.
We have already discussed the potential of Artificial Intelligence in digital learning (here is our article on generative AI).
Here are some examples of AI use.
- Personalization of learning: AI can analyze data on Learners’ progress and suggest personalized training content based on their needs and learning styles. This helps ensure that each employee receives training tailored to his or her abilities and interests.
- Virtual tutoring: artificial intelligence systems can act as virtual tutors, providing personalized support and feedback to employees during the learning journey. They can answer questions, clarify concepts and offer suggestions to improve performance.
- Learning data analysis: AI can analyze large amounts of learning data to identify patterns and trends that can be used to optimize training, improve instructional materials, and identify gaps in training.
- Recommendation systems: using machine learning algorithms, AI can suggest courses, modules or training resources to employees that might be relevant to their roles and career goals, helping to promote self-study and continuous professional development.
- Automated assessment: through the use of algorithms to assess quizzes, assignments and projects, it reduces the workload of training providers and provides instant feedback to Learners.
- Simulations and virtual reality: AI can build simulations and virtual reality environments to provide realistic and immersive learning experiences that allow employees to practice without real risk.
- Automation of management processes: administrative processes related to corporate academy management, such as course scheduling, student registration, and report generation could be automated, allowing L&D managers to focus more on optimizing training.
By harnessing the power of Artificial Intelligence, Corporate Academies can offer a more effective, efficient and personalized learning experience.
In short
A Corporate Academy provides a structured learning environment, enabling employees to acquire key skills to meet ongoing challenges and adapt to changes in the market and industry. In addition, investing in employee training is a powerful tool for attracting and retaining top talent, as it demonstrates a tangible commitment to employee advancement and well-being.
In addition to improving individual and collective performance, a Corporate Academy can help improve a company’s image and reputation, positioning it as an employer of choice and an industry leader.
If you would like to try to build your own Corporate Academy, please contact us!
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