The document discusses the transformation of corporate training in the context of a Web 2.0 world, emphasizing the need for collaboration and a shift from traditional training methods to more social and peer-to-peer learning approaches. It highlights challenges such as a decrease in training investment and the need for effective competency development in an era of rapidly changing knowledge. Additionally, it outlines a new corporate training framework that incorporates collaborative learning, user-generated content, and flexible learning options to enhance organizational efficiency and effectiveness.