India, April 17 -- Technology and business models are changing so fast, degree programs can't keep up. To fill the gaps, there are extended education options, online courses, professional workshops, corporate training and certification programs. In fact, there's such a breadth of choices, it's hard for organizations and individuals to know where to invest.

Despite flat IT budgets, companies are paying for some IT education but the investments are meager, according to Katy Tynan, founder and chief talent strategist at Liteskip Consulting. Those investments are narrowly focused on tech, which isn't surprising, but that alone isn't in the best interest of the company, teams, or the employee.

"We don't support IT managers as well as we should...