Walgreens (NYSE: WAG) (Nasdaq: WAG) tomorrow will launch Walgreens
University, with a goal to lead its industry in classroom and online
programming that engages, educates and develops team members for
rewarding long-term careers.
Following a ribbon-cutting led by Greg Wasson, Walgreens president and
CEO, and Kathleen Wilson-Thompson, chief human resources officer, team
members Friday will celebrate the opening of a new university campus at
6 Parkway North in Deerfield, Ill. The building, with
technology-enhanced classrooms, a mock-drugstore and video-conferencing
capabilities, will be the base of operations for employee educational
programs offered online and in regional locations nationwide.
"Walgreens University is not solely a building, but a national program
with national access and offerings for team members at every level of
the company," Wilson-Thompson said. "We hope every one of our 240,000
team members will find ways to grow their careers and improve themselves
through the educational opportunities that Walgreens University will
expand or introduce."
With the opening of Walgreens University, the company is doubling its
annual investment in employee education and development, and plans to
double the number of learning opportunities for team members through
expanded online classes, regional training sessions and in Deerfield
campus classrooms. More than 100 courses will be available through one
of the few corporate training programs to offer college credit for
certain classes, including pharmacy technician training and management
and retail fundamentals.
"To meet our company goals, we need a workforce that learns and grows
every day through opportunities available when, where and how each
individual need it," said Wilson-Thompson. "We aim to be the best in
our industry for employee education and training, and among the best of
all major American corporations. For Walgreens to compete effectively
and expand our business, our team members need to continuously grow new
skills and capabilities throughout their careers with us."
Education providers to Walgreens University include Lake Forest Graduate
School of Management, offering a customized MBA program; University of
Maryland University College; Webster University; the University of
Phoenix; and DeVry University, Keller Graduate School of Management.
Tuition discounts of 10-25 percent will be available to many Walgreens
team members, and UMUC's 25 percent discount will also be available to
employee spouses and dependents. Team members will also have access to
non-credit management courses offered online from Harvard Business
Publishing, a subsidiary of Harvard University.
The Walgreens learning and development team led by Warren Lindley,
divisional vice president, organizational design and effectiveness,
built the University curriculum and system of instruction after
extensive consultation with Walgreens leadership and external experts.
Bruce Bryant, Walgreens senior vice president and dean of Walgreens
University with more than 40 years of experience with the company, said,
"We want Walgreens customers everywhere to find and experience in our
stores the products and services they need to get, stay and live well.
The launch of Walgreens University is a significant step toward
consistent, higher quality training for our entire team at every corner
of America. It also makes Walgreens a great place to work and grow
U. S. companies increased spending on training and development 12
percent last year, the highest growth rate in eight years, according to
Bersin by Deloitte, a human resources consulting firm. "If we are to
attract, retain and develop the best talent, if we are to achieve the
organizational agility necessary to adapt to changing markets, we need
an industry-leading education and development program," said
As the nation's largest drugstore chain with fiscal 2012 sales of $72
billion, Walgreens (www.walgreens.com)
vision is to become America's first choice for health and daily living.
Each day, Walgreens provides more than 6 million customers the most
convenient, multichannel access to consumer goods and services and
trusted, cost-effective pharmacy, health and wellness services and
advice in communities across America. Walgreens scope of pharmacy
services includes retail, specialty, infusion, medical facility and mail
service, along with respiratory services. These services improve health
outcomes and lower costs for payers including employers, managed care
organizations, health systems, pharmacy benefit managers and the public
sector. The company operates 8,067 drugstores in all 50 states, the
District of Columbia and Puerto Rico. Take Care Health Systems is a
Walgreens subsidiary that is the largest and most comprehensive manager
of worksite health and wellness centers and in-store convenient care
clinics, with more than 700 locations throughout the country.
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