Learning Organization: Why is it important to Organizations? By Subodh Shakya Learning is at the heart of a company’s ability to adapt to rapidly changing environment. * John Browne (CEO‚ British Petroleum Company) Introduction of Learning Organization Learning‚ today‚ has become the essential part of our life. People who fail to learn new things‚ skills or acquire new knowledge have limited probability to success. The same applies to the organizations also. Organizations
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Modernity is defined as the state or quality of being modern and the theories of development have emerged as a result of this concept. Sociology and Modernity developed hand in hand and were based on similar foundations. Rational forms of thought and organisation; a belief in the ability and right of humans to shape and control their own lives; faith that technology and science could fix human problems and reliance upon manufacturing industries to improve living standards are some of the concepts
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FORUM The Role of HRD in Economic Development Suhail S. Zidan Beyond its effects on individuals and organizations‚ HRD also carries with it the potential for economic development benefits at the societal level. The literature suggests six causes of economic development: (1) foreign trade‚ (2) technological transfer‚ (3) resource allocation‚ (4) structural transformation‚ (5) human capital formation‚ and (6) savings and investment (Hagen‚ 1986; Loehr and Powelson‚ 1981). The focus of this article
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Understanding Organising Culture within an organisation holds the key towards its success. The culture within an organisation determines its working and gives a view point towards its future prospects whether the company is heading towards its goal or not. Organisational culture can be diagnosed effectively and understanding the schema of culture types in the organisation would explain many otherwise unexplained organisational members behavioural patterns. In simple words culture within an organisation can
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ABBREVIATION LIST CD : Career Development HR : Human Resource HRD : Human Resource Development HRM : Human Resource Management ID : Individual Development OD : Organizational Development SHRD : Strategic Human Resource Development T&D : Training and Development An organization’s HRs are perhaps its most valuable assets (Swanson & Holton‚ 2001; Yorks‚ 2005). As such‚ HRD should be deemed as an invaluable investment (Swanson & Holton‚ 2001; Yorks‚ 2005). Sustaining a competitive
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As David Mankin mentioned in his book‚ “Inevitably globalization is having a huge impact on the role‚ nature‚ and purpose of HRD in organizations of all sizes and sectors across the world” (2009). Obviously‚ facing the economical globalization‚ development of technology‚ the coming of information age and lowering of trade barriers‚ as a result firms have to think of new and effective ideas to compete with other competitors. Human capital is the most special asset of a company. It is special because
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com/0953-4814.htm Organizational change and development in India A case of strategic organizational change and transformation Jyotsna Bhatnagar Management Development Institute‚ Gurgaon‚ India OC and development in India 485 Pawan Budhwar Aston Business School‚ Aston University‚ Birmingham‚ UK‚ and Pallavi Srivastava and Debi S. Saini Management Development Institute‚ Gurgaon‚ India Abstract Purpose – The purpose of this paper is to examine developments in the field of organizational change
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“Discuss why strategy is important to an organisation” ‘Research has revealed that organizations that engage in strategic management generally outperform those that do not’ Wheelen & Hunger (2005‚ p.5). An organisation will perform to a high standard when there is a matching correlation between the organisational environment and the strategy‚ structure and processes of that organisation. Wheelen & Hunger’s said in their book ‘Strategic Management and Business Policy: tenth edition’ that
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discussed in detail will be Planning‚ Organising‚ Leading and Controlling. The key strengths and weaknesses of both organisations are identified and discussed on how it touches the internal and the external factors affecting their core business. The organisation’s Vision‚ Mission‚ Critical Successful Factors are deliberated in order to come up with specific suggestions to overcome their current business challenges. Moreover‚ the key improvements for both organisations are recommended with their specific
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Organisational learning and learning organisations have been the focus of a great deal of evaluation within management literature since the 1990’s (Senge‚ 1990; Michaux‚ 2002). This paper aims to define and critically evaluate the concept of a learning organisation by drawing on the writings of core authors to both support and demonstrate criticisms of the ‘learning organisation’ concept. The Learning Organisation Organisational learning is a continual process whereby an organisation adapts to its
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