NIIT and Corporate University Xchange Partner to Release Research from Running Training Like a Business

Panel discussion on research to be led by Running Training Like a Business Co-Author Edward Trolley and Corporate University Xchange Alan Todd

ATLANTA, Georgia October 19, 2010 With the recent influence of technology and globalization creating a seismic change in the training industry and global economy, NIIT, a leader in global talent development, and Corporate University Xchange (CorpU), have partnered to produce the New e-Book The 2010 Running Training Like a Business Framework Update. The eBook is comprised of research gathered by hundreds of organizations from around the world and is based on the seminal book, Running Training Like a Business: Delivering Unmistakable Value, co-authored by Edward Trolley. Trolley, Vice President of Managed Training Services at NIIT along with Alan Todd, Chairman of Corporate University XChange, will lead a panel discussion on the research during a lunch presentation on Wednesday, Oct. 20 at the HRO Summit in Tampa, Florida.

Some of the business benefits from the eBook include an in-depth look at how organizations are refining the Running Training Like a Business concepts for today rapidly changing global business environment and the actions an organization can take to accelerate their path towards transformation into the new framework.  The research also includes insight on how to re-think learning budgeting, governance and alignment to produce better outcomes more tightly aligned with critical business needs.

"We were surprised to find that Top Performers were three to four times more likely to follow the Top 11 Key Practices outlined in the research.  The evidence suggests that implementing certain key practices will improve business and learning outcomes in a measurable way." said Alan Todd, Chairman, Corporate University Xchange.

During the presentation learning executives, including JetBlue Mike Barger, who best embody the new principles of Running Training Like a Business, will be revealed along with the findings and their implications for businesses, talent management and learning professionals. Since the release of his book nearly 10 years ago, Trolley has become one of the foremost thought-leaders on the subject. It is possible that when first published, the book was ahead of its time. Now, it and the topic are more relevant than ever.

The information from this research solidifies the need in the market for Managed Training Services, said Sapnesh Lalla, President and Business Unit Head at NIIT ELS. There no better time than now to incorporate the principles of Running Training Like a Business.

About NIIT Enterprise Learning Solutions Business (ELS)

NIIT's Enterprise Learning Solutions Business delivers innovative strategies that help clients accelerate business impact. NIIT Managed Training Services are a suite of best-in-class training processes that enable customers to reduce costs, sharpen their business focus, and drive quantifiable results. Our Managed Training Services deliver more relevant training to organizations, bring proven best practices into business processes, and redirect surplus training capital into core business functions. Known worldwide as a leader in learning outstourcing, with presence in more than 44 countries, NIIT Enterprise Learning Solutions Business offers products and services including curriculum design and custom content development, learning administration and operations, learning delivery and management, learning  technology development and administration, learning management systems, virtual labs, student retention services, and strategic assessments. Together with its organizations, Cognitive Arts and Element K, NIIT global talent development programs help clients achieve real-world skills to better compete in today's market. Established in 1981, NIIT is known globally as the number one choice for strategic learning solutions. NIIT has earned more than 53 awards, including 13 Brandon Hall awards. For more information about NIIT Enterprise Learning Solutions Business, please visit www.niit.com or facebook.com/niitels. You may also contact Kimberley Kelly, Director of Marketing at Kimberley.Kelly@niit.com

About Corporate University Xchange (CorpU)

The Corporate University Xchange is a private membership of senior learning and talent executives. Founded in 1997, members pay an annual fee in exchange for access to cutting-edge research, practioner-tested tools and expertly facililitated peer-to-peer networking. To learn more, visit http://www.corpu.com.