Corporate learning is any investment in developing the ability of employees and organization to understand and respond to the environment more effectively. It is not limited to learning job skills, a new tool, or educating them on new products and software- although that can be part of it. At a broad level, a culture of learning can make an organization more competitive, more innovative, and more adaptable. In this modern time some companies still are not willing to invest in learning and development because they believe that its a waste of money and time, but this same companies want their employees to perform up to standard. l think that for the sake of competition and enhancing organization performance in totality, it should be mandatory for every company to develop effective and efficient learning policies that will help employees gain the necessary knowledge and skills for them to work well and exceed their target. The processes of corporate learning as far as knowledge gaining is concern is vital for the creation of knowledge, the idea is either knowledge transfer, knowledge creation or knowledge retention the ultimate goal is that it help the organization become more productive and enhance growth, because the employees have the competences to work.
There are a lot of changes in the business environment such as innovation in technology, stringent competition and customers preferences has put companies in tight corner to consistently conduct training needs analysis so that they can identify the gaps and find ways to ensure that they give their employees the necessary skills through training to help them close that gap so they can deliver well. The most important thing for companies to do is to align a clear learning and development goals that can achieve the objectives of the organization. Training should be down in a more diverse ways to build employees interest. Now through learning and development a lot of companies have position themselves well and are leading in competition. Learning and development help companies employees to become satisfied with the work they are doing, its help in employees retention.
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