Saba Inaugurates Series On Learning in the New Economy; Executive Education Series Provides Access to Leading Thinking About Learning and Working in the Internet Age; Debuts with Dr. Peter Cappelli

Business Wire, Dec 8, 1999

REDWOOD SHORES, Calif.--(BUSINESS WIRE)--Dec. 8, 1999--

Saba, the company that connects people to learning, today announced a new executive education series featuring leading experts on the impact of the new economy on global companies and their extended workforces. The first seminar in the series, "Developing and Training Employees in the New Economy," was held Tuesday, November 30, in Princeton, New Jersey, and featured author Dr. Peter Cappelli.

The discussions are designed to provide business leaders with access to the latest thinking-and to encourage discussion-about the effect of the new Internet economy on learning throughout extended enterprises. Attendees at the first seminar included a dozen senior executives from Global 5000 companies in telecommunications, financial services, air transport, and professional services.

Cappelli, who is the George Taylor Professor of Management at The Wharton School, University of Pennsylvania, and author of "New Deal at Work: Managing the Market-driven Workforce," said businesses must broaden their vision of professional development and include all forms of learning in a holistic approach to attracting and retaining the best employees. Because of the fluidity of today's workforce, he said, it is also important that businesses gain measurable returns on the investments they make in employee education.

"Learning is much more than just training. It is an ongoing process that empowers people throughout the extended enterprise with competencies and skills to improve their own careers, while assuring dynamic returns to businesses," Cappelli said. "Employees and members of the extended workforce will remain highly mobile in the New Economy, but with appropriate and varied learning models, businesses have a better chance both at keeping these people longer, and at knowing exactly what is needed to fill any job at any time."

The next seminar in the series will be held in Atlanta, Georgia, on December 9, and will feature Douglas K. Smith, author of "Make Success Measurable!" His topic will be: "P&L: Performance and Learning." For more information email info@saba.com or call 1-877-Saba-101 or 1-650/696-1758

About Saba

Saba is the leading provider of e-Learning infrastructure to Global 5000 companies, government agencies, learning providers, and Internet businesses around the world. Today, more than two million people and thousands of learning offerings are "on Saba." Saba's customers rely on its e-Learning infrastructure and its partners' e-Learning offerings to connect people to learning across the extended enterprise, increasing performance while reducing learning expenditures.

Saba's e-Learning infrastructure enables businesses such as Adobe (NASDAQ: ADBE), Ceridian (NYSE: CEN), Cisco (NASDAQ: CSCO), Continental Airlines (NYSE: CAL), ExecuTrain, Ford (NYSE: F), Informix (NASDAQ: IFMX), Qwest Communications (NASDAQ: QWST), SGI (NYSE: SGI), Sun-Netscape Alliance, Veritas Software (NASDAQ: VRTS) and York (NYSE: YRK) to continuously assess, plan, distribute, measure, and improve learning for customers, partners, employees, and suppliers.

Founded in 1997, Saba is headquartered in Redwood Shores, CA, USA, and has offices through the Americas, Europe Middle East - Africa, and Asia - Pacific. For additional information, please visit http://saba.com or call 1-877-Saba-101 or 1/650-696-1758.

Note to Editors: Saba, the Saba logo, the phrase Connect People to Learning, the phrase Create a Smarter Business, Saba Learning Enterprise, Saba Learning e-Enterprise, Saba Learning e-Store, and other Saba products referenced herein are either trademarks or registered trademarks of Saba Software, Inc. All other trademarks are the property of their respective owners.