Corporate training is a mechanism for the reproduction of labor resources

Abstract

 The availability of professional skills adequate to the modern economic and technological paradigm among citizens forming the country’s labor resources is an important task for the sustainability of national economic and production systems. Corporate universities established in companies contribute to solving this problem in many ways. Organizations use the corporate university model to promote their learning initiative in order to effectively manage their large investments in professional development and staff development. Thus, corporate training has expanded its influence, and not limited to the functions of reproducing professional competencies within individual companies, it is currently a mechanism for implementing government programs and concepts for the formation and development of skills of the population, which corresponds to the policy of workforce development as one of the significant factors of state sustainability in the context of economic transformation and global challenges.