Reimagining offices as educational learning spaces, featuring Philippe de Villers, CPHR Canada Chair of the Board
Investing in employees’ skills is becoming a top priority for companies looking to stay competitive. And Bank of Montreal is at the forefront of this trend with its new BMO Academy – an innovative hub in the heart of downtown Toronto that’s designed to support the development of the bank’s 54,000 employees.
Located at Yonge and Dundas, the state-of-the-art facility is more than just a training centre – it’s a reflection of how organizations are rethinking their commitment to employee growth and engagement.
Featuring an auditorium that can comfortably seat 500 or be divided into three venues, BMO Academy’s control room could be the envy of a television broadcast studio. Its wall of video screens allows an unlimited number of employees to remotely interact in meetings, emphasizing the company’s recognition of the ever-evolving hybrid work force.
The new learning centre is part of an entire floor of tech-rich conference rooms and meeting spaces that are dedicated to employee skill-building in BMO’s new downtown Toronto office building.
In the past, employees based in the Greater Toronto Area had to commute long distances to BMO’s former learning centre in Scarborough, Ont., and international staff needed to fly in for in-person sessions.
“That’s no longer practical, and we’ve hybridized this facility, so you can participate whether you are sitting in the room or attending remotely,” says Tera Oswald, head of global portfolio strategy and workplace services at BMO.
The new BMO Academy is part of a national trend of companies creating dedicated in-house training and conference spaces, says Philippe de Villers, chairman of the board of the Order of Chartered Professionals in Human Resources of Canada, which represents 32,000 HR professionals.
“Training facilities within offices weren’t common in the past, but organizations are starting to invest more in continuing training and reskilling of their professionals to stay competitive,” he says.
At the same time, many offices now have redundant space as more people work remotely or take a hybrid approach. “It’s a strategic advantage to develop an in-house space and curriculum, planned and organized by consultants, to keep your people up-to-date,” Mr. de Villers adds, highlighting cost control as another advantage.
“Organizing corporate events in hotels and convention centres can be insanely expensive,” he says. “When you do the business case, meeting in-house with a catering service can be much less expensive.”