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Essay / Research Paper Abstract
This is a 3 page paper that provides an overview of organizational learning. An argument is presented for the relationship between learning and business performance. Bibliography lists 1 source.
Page Count:
3 pages (~225 words per page)
File: KW60_KForglr2.doc
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Unformatted sample text from the term paper:
much more quickly than ever before. Theyre also subjected to more scrutiny and refinement than ever before. The combination of these two factors has resulted in a business environment in
which knowledge appears quickly, develops quickly, and is made obsolete quickly. In order to remain competitive, it is positively essential for organizations to master not just the latest techniques and
models, but the capacity for learning and innovation that gives birth to such models. Consequently, organizational learning has become all the rage in organizational management. However, will the adoption of
organizational learning also impact an organizations profitability? This paragraph helps the student define what is meant by organizational learning. There is much reason to think that it will. In order
to understand how organizational learning contributes to business performance, however, one must first understand just what organizational learning is. Essentially speaking, organizational learning refers to a process by which organizations
can develop or acquire knowledge and then integrate that knowledge into the organizations processes to continually become more efficient and effective (Lopez, Peon, & Ordas, 2005). It is effective largely
because it draws upon expertise in a variety of locations, not just with a top-down orientation of direct instruction, but with the organic development of knowledge and innovations, either related
to technology, processes, or the structure of the business overall (Lopez et al., 2005). Organizational learning contributes directly to an organizations capacity for innovation and competitiveness. Studies have indicated
that the better positioned an organization is to acquire data about customers and competitors, the better equipped that organization is to respond to events with the businesss particular market (Lopez
et al., 2005). This means that such businesses tend to directly experience "superior outcomes" including more successful product introductions, higher retention of customers, and greater subjective assessments of quality (Lopez
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