| | MARCH 2024MANAGEHRMAGAZINE.COM6In today's fast-paced and progressively globalized world, education and development initiatives must be adaptable, relevant, and responsive to fulfill the rising workforce and business demands. Training and development is integral to any business because it allows people to enhance their skills and knowledge, adapt to new technologies and processes, and become more productive and effective in their roles.According to Precision Business Insights, the corporate training market was estimated at USD 346.2 billion in 2023 and is expected to rise at a robust CAGR of 6.9 percent from 2024 to 2030. The outbreak of the COVID-19 pandemic in 2020 boosted the world's corporate training sector. Market dynamics shifted rapidly, and the entire globe became online. Virtual training garnered a lot of attention. The major market players invested much in digitizing their businesses. The corporate world started using virtual platforms to train its staff, catapulting the virtual corporate training market to new heights. Increased internet penetration, growing smart device adoption, developing telecommunications and IT platforms, and the swift rise of virtual corporate training platforms worldwide are some significant factors contributing to the corporate training market's recent growth.This edition of Manage HR delivers a bird's-eye view of the recent developments in the corporate workshops sector and insights into how organizations align with these trends and adopt new ways to replace outdated practices.We have curated thought leadership articles from industry experts, including Laura Schneider, Chief Human Resources Officer at Core & Main LP and David O. Keys, Director of Global Benefits at The Hershey Company.We also took a deep dive into the market trends to narrow down the list of companies delivering exceptional corporate workshop services. Equipped with innovative technological capabilities, companies like Strive Success Solutions, Cecilia Gorman, RAYNE IX, and The Presentation help transform businesses at the cloverleaf of various disruptive technologies.We hope this edition of Manage HR will help you find the appropriate company suited to your business requirements.Let us know your thoughts!EditorialUnlocking the Power of Corporate WorkshopsAlex GonsalvesManaging Editoreditor@managehrmagazine.comAlex GonsalvesManaging EditorAlex GonsalvesVisualizersChris LynnCopyright © 2024 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEmail:sales@managehrmagazine.comeditor@managehrmagazine.commarketing@managehrmagazine.com MANAGE HR MAGAZINEMarch - 15 - 2024, Volume 05, Issue 02 (ISSN 2832-3564)Published by ValleyMedia, Inc. To subscribe to Manage HR MagazineVisit www.managehrmagazine.com Editorial StaffAaron PierceAva Garcia Philo VazRussell ThomasGina ClumskyYenny TurnerTiffany HayworthAbner Lawrence
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