The world of learning and development is undergoing major change. Knowledge is now seen as an enabler towards other more tangible end results and not just as an altruistic end in itself. Physical products are instead losing their value. Corporate training is now increasingly being worked on with a particular pedagogy in place. Newer trends are emerging such as open learning and the rise of the Executive MBA is one such example. Learning is now being customized for the end user and being linked with measurable business results. The help of business consulting is being increasingly sought after to measure effectiveness of learning modules.