New Management Approaches in Business: Learning Organization Concept

Abstract

In the rapidly changing world, knowledge becomes the most important source for the organizations to survive. Therefore, organizations need to learn faster and faster to adapt to the changing environment and to take competitive advantage. As a result of industrial revolution, organizations have to face many terms due to the accelerating change in the world. This case forced either organizations or employees improve and learn continuously themselves. Learning organization is a sort of organizations which renovates itself by learning. These organizations change by learning and learn to change themselves. Learning can be at the level of individual, group or institution. The concept of Learning Organizations has become more popular recently, due to the rapidly changing environments of today. Today, learning organizations philosophy is important for the following reasons: reaching high performance, quality improvement, meeting customer expectations, gaining advantage in competition, providing energized workforce, becoming conscious about the affection of individuals each other, managing change and time's requirement. Organizations need to catch the pace of the change, and even take the advantage of this change, in order to survive in this very turbulent environment. It is even more vital to use this advantage as a tool for competition, and success.

Keywords: Learning organization, organizational learning, total quailty management, organization, management, knowledge management