


Corporate India has witnessed growth in every Industry segment. Starting with the IT and ITES industries achieving 30% growth rates, other sectors have been reporting similar success rates too. The booming economy has facilitated growth through the acquisition route as well. Some of the biggest acquisitions in recent times have added to the strong organic growth that enterprises are reporting every year.
ICICI Bank through its Global Investment Report estimated that the total equity deals involving Indian companies has crossed 50 billion USD in 2007, up from 13.5 billion in the previous year. The Tatas buying out Corus to become the fifth largest steel-maker in the world and the Birla group company - Hindalco acquiring Novelis, the world's largest producer of flat-rolled aluminum products that are used to make cars and cans, to become the world's largest player in the downstream aluminum business are just a couple of examples.

The primary challenges of this sector are:

Shortage of skilled manpower

Training a geographically spread workforce

High attrition rate

Lack of retention policies

Inadequate training to address Industry needs.

24x7 Learning's Talent Lifecycle Management solution will help the industry meet the challenges. Through its end-to-end Learning solutions 24x7 Learning can help reach out domain specific training programs to groom managers, senior managers and the leadership in the various business sectors. As people management is gaining importance, even the managers need to be highly competent in people management, viable skills, business insights, analytic skills, succession planning, and resource development to be successful in their positions and to move up the value chain.
24x7 Learning has the capability to build a corporate virtual university to address all of the training needs above. Through the virtual campus you can effectively and cost efficiently reach out standardized Learning programs to a large number of geographically dispersed employees and help them provide the best in class services across regions.


