Explain what it means to be a learning orgaization Essay

Explain what it means to be a learning orgaization - Essay Example The need for creating work systems that keep changing in line with market demands often mean that businesses have to keep learning how to develop effective strategies for developing and consolidating their competitive advantages. This development has led to the growth of learning organisations, which aim at ensuring their staff is always abreast of the changing market conditions. This paper examines the different operations that happen in learning organisations and how it helps to build their competitive advantages. According to Wyse (2013), a learning organisation can be described as the company or business organisation that creates and facilitates learning opportunities for its staff and constantly transforms itself. In most instances, learning organisations often emerge because of the many pressures that face modern organisations, enabling them to remain being competitive in the dynamic business environment. Wise (2013) explains that by keeping to continuous learning, these organisations create competitive advantages that are sometimes unmatched by their rivals. According to Fairclough (2008), the increasing competition in most industries prompts the need to have learning organisations. In this regard, many businesses going global have been allocating huge budgets towards research and development, which have been thought as being essential in enabling these business organisations to learn some different approaches towards creating and enhancing their competitive advantages (Fairclough 2008). Market research is an important activity that enables businesses to keep changing their marketing operations so that they can keep increasing their market share. The need for learning organisation in modern times cannot be underestimated. This is because; technological advancements have been influencing most business practices. However, while technology is being advocated for most business operations, the need to know and develop the right technologies for