Accenture believes that people are its most important asset, so we spend a considerable amount of time and money on the training and development of our employees; in 2007 the amount spent on employee training and development was US$770 million. Training and Development is tailored to individual needs and functional requirement. Besides the traditional classroom training, Accenture has institutionalised an innovative learning tool call “myLearning”, an Internet-based training website that brings together Accenture’s learning resources, both electronic and traditional classroom methods, for all its employees.
Accenture places a strong emphasis on continuous learning and development, with training being at the heart of how it operates. From the time an employee joins Accenture, he/she is automatically enrolled in training sessions commensurate with her/her role. Accenture’s philosophy is that each employee is different and therefore has unique training needs. The myLearning tool empowers employees to plan their own training needs, at a pace that is convenient to them and allows them to undertake this training from their desktops, either in the office or at home. Besides the mandatory courses one has to undertake, depending on their role and level in the organisation, an employee also has the option of taking any of the 18,000 courses available on the website.
The sheer volume of learning opportunities is unparalleled. The richness of the content and the variety of training and development opportunities provide individuals with the flexibility to go beyond what is specified by choosing an individual training path. The tremendous focus on training and development has given Accenture the differentiating edge, not only among its employees, but also in the marketplace.