Skillsoft Partners with the Jack Welch Management Institute to Provide ‘Welch Way’ Leadership Development Programs that

  Skillsoft Partners with the Jack Welch Management Institute to Provide
  ‘Welch Way’ Leadership Development Programs that Improve Business
  Performance

     Introduces Leadership Development Business Unit to offer management
                     development content and instruction

Business Wire

NASHUA, N.H. & HERNDON, Va. -- February 4, 2014

Driven by the needs of organizations around the world to develop leaders who
can meet the demands of today’s dynamic business environments, Skillsoft today
announced a partnership with the Jack Welch Management Institute at Strayer
University for exclusive, global distribution of Welch Way management
development solutions. Strayer University is owned by Strayer Education, Inc.
(NASDAQ: STRA), an education services holding company.

As the only leadership development program based on the singular experiences
of world renowned CEO and management expert Jack Welch, Welch Way delivers
business insights through six richly interactive online programs that focus on
critical management and leadership topics. Designed to change the way
organizations develop their managers, Welch Way drives immediate results by
giving customers and their teams a playbook of proven tools and actionable
practices to improve productivity and retention, develop a high performance
culture, transform teams and ultimately build better leaders.

“Great people are everything. The number one thing that companies have to do
to stay competitive is invest in the development of their managers. Leaders
have to be able to build a culture around a set of values and get everyone
understanding where the organization wants to go and what it will take to get
there,” said Jack Welch, executive chairman of the Jack Welch Management
Institute. “We are thrilled to partner with Skillsoft to deliver the training
that equips them to do that. Our practical approach gets everyone speaking a
common language around performance and allows managers to learn, apply and
share for maximum impact.”

According to a Leadership Development Benchmarking Survey conducted by Brandon
Hall Group, about 75% of organizations surveyed said their leadership
development program was not very effective. Companies need new tools to
capitalize on employee strengths while developing leadership in the most
cost-effective, efficient ways. Welch Way was designed to support this need
through guided, engaging, module-driven programs. The Welch Way product will
be available through a Skillsoft-hosted learning portal, accessible within
Skillsoft’s Skillport platform as well as through other learning management
systems (LMSs).

In conjunction with the partnership, Skillsoft formed a new Strategic Business
Unit (SBU), which builds upon Skillsoft’s extensive portfolio of training and
development offerings to bring leadership development to a new level.
Skillsoft is a pioneer in the field of technology-delivered learning with a
long history of innovation and delivering solutions for its customers
worldwide, ranging from global enterprises, government, and education to
mid-sized and small businesses.

In a world where global competition, accelerated technological change and
complex regulations make quick, strategic decision making and strong people
management skills a requirement, the ability to develop leaders is critical.
By joining forces, Skillsoft and Welch Way will provide managers with the
resources needed to win through proven teachings, powerful applicability and
flexible, mobile learning.

“We believe that Skillsoft is breaking new ground with our strategic business
unit and partnership with the Jack Welch Management Institute. We are eager to
address the market need for scalable, structured leadership development
programs that can be embedded into the culture and workflow of companies of
all sizes,” said Chuck Moran, president and CEO, Skillsoft. “We look forward
to collaborating with Jack in this initial product offering, and to supporting
leaders at all levels with their growth and development. We are confident that
our dedicated team and continued investments in Welch Way-branded content will
enable organizations to implement a proven game plan for success for years to
come.”

Welch Way includes six programs on the most essential leadership and
management development topics:

  *Leadership in Action
  *Managing Change
  *Creating a Winning Strategy
  *Finance for Managers (Scheduled for release Q2 2014)
  *Managing Your Team (Scheduled for release Q2 2014)
  *Operational Excellence (Scheduled for release Q2 2014)

For more information on Welch Way, please visit www.skillsoft.com/welchway or
call 1-844-632-5991.

Tweet This: With increased focus on #leadership development, @Skillsoft
partners with @JackWelchMBA and @jack_welch. http://bit.ly/1cz11qb

About Skillsoft
Skillsoft is a pioneer in the field of learning with a long history of
innovation. Skillsoft provides cloud based learning solutions for its
customers worldwide, ranging from global enterprises, government, and
education to mid-sized and small businesses. Skillsoft's customer support
teams draw on a wealth of in-house experience and a comprehensive learning
e-library to develop off-the-shelf and custom learning programs tailored to
cost-effectively meet customer needs. Skillsoft's courses, books and videos
have been developed by industry leading learning experts to ensure that they
maximize business skills, performance, and talent development.

Skillsoft currently serves over 6,000 customers and more than 19,000,000
learners around the world. Skillsoft is on the web at www.Skillsoft.com.

About The Jack Welch Management Institute
The core mission of the Jack Welch Management Institute at Strayer University
is to provide students and organizations with the proven methodologies,
immediately actionable practices, and respected credentials needed to win in
the most demanding global business environments. By teaching the performance
and people-driven management canon of Jack Welch and other renowned business
leaders, the Jack Welch Management Institute prepares Executive MBA and
Executive Certificate program graduates to transform their companies and
careers. For more information, please visit http://jackwelch.strayer.edu.

Skillsoft, the Skillsoft logo, Skillport, Search & Learn, SkillChoice,
Books24x7, ITPro, BusinessPro, OfficeEssentials, GovEssentials,
EngineeringPro, FinancePro, AnalystPerspectives, ExecSummaries,
ExecBlueprints, Express Guide, Dialogue, Quickskill and inGenius are
trademarks or registered trademarks of Skillsoft Ireland Limited in the United
States and certain other countries. All other trademarks are the property of
their respective owners.

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Contact:

Lois Paul and Partners for Skillsoft
Katie Huber, 617-986-5729
Katie_Huber@lpp.com
or
Strayer University
Cristina Henley, 703-561-1913
Cristina.Henley@strayer.edu
 
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