STRATEGY AS A LEARNING PROCESS IN THE LEARNING ORGANIZATION

Zdraveski, Dejan (2010) STRATEGY AS A LEARNING PROCESS IN THE LEARNING ORGANIZATION. In: SM 2010.

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Abstract

A learning organization is one that constantly provides its employees timely access to relevant, practical information that can empower them to improve both individual and organizational performance. It involves creating a culture where learning is embedded and it is communicated to and understood by all that there is a place to seek information. The process of building a learning organization unleashes individual creativity, and fosters collective learning, which is crucial for encouraging, and developing innovation and rapid responsiveness to global competition. In short, a learning organization is continually getting ‘smarter’ because learning is planned, systematic and in alignment with the organization's strategic goals. Adopting a sustained culture of learning enables an organization to maintain a competitive advantage in times of change and to inspire its workforce to achieve greater results and improved quality. An organization can also draw on a learning culture to encourage innovation or manage change. In particular, organizations they find themselves in a competitive environment characterized by rapid change. Any competitive edge depends on its ability to deal with change more effectively and more rapidly than its competitors. It is no longer appropriate for managers to take all the responsibility for implementing organizational change in response to rapid and complex changes within the environment. Strategy is an integral part of the learning process for a learning organization because it focuses on the organization’s development of core competencies, both in the present and in the future. It also focuses the learning process on the desired future position that the organization would like to be in. The company’s vision is central to defining and developing the organization. Business strategies should be strongly driven by its vision and mission. The importance of the vision is strongly emphasized in team meetings, regular feedback sessions to staff and other types of communications. The vision and mission should be developed after extensive consultation with employees, including a competition within the company to find the best mission statement.

Item Type: Conference or Workshop Item (Paper)
Subjects: Scientific Fields (Frascati) > Social Sciences > Economics and Business
Divisions: Faculty of Economics
Depositing User: Mr Dimitar Risteski
Date Deposited: 27 Feb 2020 09:36
Last Modified: 06 Mar 2020 10:46
URI: http://eprints.uklo.edu.mk/id/eprint/3494

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