Infosys wins prestigious Annual Corporate University Xchange Excellence Award for 'Aligning Corporate Learning to Business Strategies'
First Asian Company to Win Award Since Inception
Bangalore, June 07, 2002: Infosys Technologies Ltd (NASDAQ:INFY) today announced that it has received the prestigious Corporate University Xchange Excellence Award for 2002, for 'Aligning Corporate Learning to Business Strategies. ' The award recognises organizations that have demonstrated innovation and excellence in corporate education and training. Infosys is the first organization founded in Asia to win this celebrated award.
The Awards are presented in five categories:
- Alignment - aligning corporate learning to business strategies
- Alliances - developing strategic learning alliances with external providers
- E - learning - creating a learning environment through technology
- Marketing - developing and implementing innovative marketing and branding techniques
- Measurement - measuring the value of an organization's investment in learning
At the cornerstone of Infosys' Corporate Learning initiative is the Infosys Leadership Institute located in Mysore. The Leadership Institute was established to help manage Infosys' growth, prepare Infosys employees ("Infoscions") to face the complexities of the rapidly changing marketplace and bring about a paradigm shift in the work culture by instilling leadership qualities. Other components of the Corporate Learning Initiative are the Education & Research and Learning & Development departments, which, along with the Leadership Institute, enable the present and future leaders of Infosys to achieve the company's vision and strategy.
This year's awards will be presented in Las Vegas, USA, at Training Directors' Forum, in a ceremony hosted by Corporate University Xchange and sponsored by Sun Microsystems. Other winners this year include American Family Insurance in the Alliances category, Booz Allen Hamilton in the E - learning category, Barclays in the Marketing category and Accenture in the Measurement category.
Dr. G. K. Jayaram, head of the Infosys Leadership Institute, who will accept the award on behalf of Infosys Technologies Ltd. said, "At Infosys, people are truly its greatest assets. Winning this award is a testimony to o ur continuous commitment to develop the full potential of our people. We have attempted step by step, brick by brick, to train, develop and evoke in our people their natural talents in technology, soft skills and leadership capabilities. This award represents a milestone, a watershed in our pursuit of learning for our people as a business strategy. " Commending Infosys on its achievement, Dr. Rosalie Lober, Senior Director, Organizational Learning at Corporate University Xchange said, " Infosys exemplifies best practices in corporate learning, incorporating the organization's strategic goals into the learning infrastructure, and creating a learning environment that is aligned to and improves business performance. Infosys Corporate Learning leverages talent a nd leadership, maximizing through learning, value to their stakeholders - customers, community, board of directors, employees. Congratulations!"