Question

As illustrated in the case studies and examples throughout this course, an organization’s leadership, culture, or structure may impede its ability to be flexible and adapt to changing times. The most successful and competitive organizations are learning organizations, those that encourage innovative thinking and learning from experience. Why is this true? What roles do learning and innovation play in an organization’s ability to be competitive? Based on what you have learned about culture and change within organizations, how can leaders foster innovative thinking and learning throughout their organizations? How can they ensure that the best innovations are adopted? What role does innovation play in an organization becoming a learning organization?

Post a summary of your thoughts regarding the relationship between innovation and learning in an organization and its ability to be competitive.

Answer 1

Post a summary of your thoughts regarding the relationship between innovation and learning in an organization and its ability to be competitive.

• In any organisation learning leads to innovation
• Innovational breakthroughs are based on the learning curve of the company
• The constant training sessions of employees keep them updated with latest technologies
• Innovations are the brainchild of these trained and learned employees
• An organisation gains a competitive advantage over its rivals by differentiating its products through breakthrough innovations
• Innovation helps in acquiring more customers thus increasing the market share