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Hyundai
Motors
COMWEB provided Hyundai Motors corporate university with a revenue
producing solution to train executives on global business, communication
and leadership skills
Overview:
Hyundai Motors Corporation decided to expand aggressively into global
markets but recognized deficiencies within its management ranks.
Given the competitive nature of the automotive industry and markets,
Hyundai created a corporate university to develop essential management
and language capabilities of its staff through programs in executive
education and corporate training.
Challenge:
Because of the impact from the economic (IMF) crisis of the late
1990's, Hyundai Motors could not sustain its training programs and
the operation of its corporate university. It needed an alternative
approach to meet its human resources and management development
initiative. Hyundai's CEO approached COMWEB for a solution to resolve
this immediate and critical problem.
Solution:
COMWEB provided Hyundai Motors a turnkey, revenue producing solution
to train executives and managers through its corporate university.
COMWEB installed a level III KnowledgeWeb system integrated with
two separate video-conferencing systems, a media support center
and a video on demand server. On the programming side, COMWEB introduced
a distance learning and executive oriented action learning pedagogy
through Global Knowledge Exchange (GKE), a sister company offering
expertise and consultancy in learning and instructional design.
Result:
COMWEB enabled Hyundai Motors Corporate University to continue its
executive education and corporate training goals by offering its
programs and services to other corporations for a profit. It transformed
Hyundai Motors Corporate University from a major cost center to
a revenue producing business.
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