Organizational Learning - Maintaining the Competetive Advantage
Organizational learning is the means by which organizations
develop, enhance, and manage knowledge and standards within
their functions and in their cultures and adjust and improve
their efficiency by making better use of the wide range of
skills of their employees. It is critical for modern day
business organization. In the present dynamic condition of
global business environment organizations are always trying have
an edge over other in gaining competitive advantage. One of the
main aspects many of them have concentrated on is organizational
learning. Strategists have understood the significance of
organizational learning in generating and maintaining
competitive advantage. The turbulent nature of business
environment and the intricate character of globalization
phenomenon are putting organizations in situations which demand
them to be adaptable and at the same time be proactive. Such
adaptability and proactive capacity are decisively connected