This chapter analyzes the vast experience of St Petersburg University School of Management in the organization of corporate training programs. It highlights several factors that, in the opinion, influence the formation of training and development policies in Russian companies. The chapter shows what influence the informational culture has on creating a personnel training policy and what types of culture and policy are most widespread in Russian companies. It also analyzes the main tendencies in personnel training and development in modern Russian companies. The chapter also shows that the training policies in Russian companies are formed under the influence of a complex of factors, such as the specific characteristics of the national environment, the stage of life cycle, and the information culture of a company. It focuses on several important problems which hinder the effective development of the market for corporate training.