organizational learning
Introduction
Emirates Islamic Bank is based on Islamic legal perception (Shari’a) established in a form of modern banking based on Islamic legal concepts (Shari'a) that was developed in the first centuries of Islam and it uses risk sharing and eliminating financing based on fixed returns. They believe in sharing profits and the risks in the business instead of being the creditors. Here the bank and the borrower share the risks and rewards of financing business ventures.
Looking at Emirates Islamic Bank into being a Learning Organization
I will be using a truth unambiguous of terminology during this analysis to be presented that serves an originator in exploring the meaning of Learning organization and organizational learning. A framework of organizational learning and features of a learning organization within Emirates Islamic Bank (EIB) will be represented and argued on how they should contrast to transform the bank by becoming a learning organization.
Based on the appraisal, the bank must enable to promote itself by strategic ways through the six fundamental factors that are: focus, processes, measures, organizational culture, systems, strategic concept and objectives. A brief proposal is explained in arrangement of the strategy, describing how they should go through the continuing goals to permit the bank into learning organization.
Review of Literature
What is a Learning Organization?
The power to develop and adjust to change within the organization happens towards the modest and variable market surrounding that posture for requirements. Accordingly to the authors - Robert W. Rowden (2001) offers an resemblance of climbing up a mountain range where he had described “There are two types of mountain ranges: mountain ranges like the Swiss Alps with one energetic peak, and others like the North American Falls with a mass of mountain ranges and many peaks. Usually organizations approach business trials like the Swiss Alps; setting a strong
Emirates Islamic Bank is based on Islamic legal perception (Shari’a) established in a form of modern banking based on Islamic legal concepts (Shari'a) that was developed in the first centuries of Islam and it uses risk sharing and eliminating financing based on fixed returns. They believe in sharing profits and the risks in the business instead of being the creditors. Here the bank and the borrower share the risks and rewards of financing business ventures.
Looking at Emirates Islamic Bank into being a Learning Organization
I will be using a truth unambiguous of terminology during this analysis to be presented that serves an originator in exploring the meaning of Learning organization and organizational learning. A framework of organizational learning and features of a learning organization within Emirates Islamic Bank (EIB) will be represented and argued on how they should contrast to transform the bank by becoming a learning organization.
Based on the appraisal, the bank must enable to promote itself by strategic ways through the six fundamental factors that are: focus, processes, measures, organizational culture, systems, strategic concept and objectives. A brief proposal is explained in arrangement of the strategy, describing how they should go through the continuing goals to permit the bank into learning organization.
Review of Literature
What is a Learning Organization?
The power to develop and adjust to change within the organization happens towards the modest and variable market surrounding that posture for requirements. Accordingly to the authors - Robert W. Rowden (2001) offers an resemblance of climbing up a mountain range where he had described “There are two types of mountain ranges: mountain ranges like the Swiss Alps with one energetic peak, and others like the North American Falls with a mass of mountain ranges and many peaks. Usually organizations approach business trials like the Swiss Alps; setting a strong