WHAT IS A LEARNING ORGANISATION?
We have on a global level a lot of concepts of Learning Organisations, but all the concepts have the
same point – to create a good environment for employees and to educate the employees.
A Learning Organisation is not just about ‘more training’. Employees within a Learning Organisation (LO) have more focus, higher flexibility, lower cost and a greater power of transmitting learning into performance. While training does help develop certain types of skills, a learning organisation involves the development of higher levels of knowledge and skills.
Learning organisations are not simply the most fashionable or current management trend, they can provide work environments that are open for new processes that help it to be better and have the competitive advantage.
A Learning Organisation is an organisation that makes a working environment enhance the employees personal and professional growth and uses the best potential of its employees.
Knowledge has a priceless value for the organisation, because the employees create an added value. Even if the company/organisation has the latest technology, they will not succeed without qualified employees. Skilled and educated employees give a company advantage, better results, better working climate and bigger profit.
Why is this so important?
Because only satisfied employees can fully invest themselves in their work in companies and carry out their work faster and better, which delivers better results, lower fluctuation and absenteeism. This means that only highly qualified and satisfied employees create a higher added value.
The development of employees in an organisation also delivers a competitive advantage to such an organisation. Knowledge is therefore what creates a competitive advantage and enables economic development, not only to an individual organisation, but to the entire economy of a country, between countries and around the world.
Why knowledge creates a competitive advantage?
Organisations in the future will not be able to operate successfully without learning and knowledge components. A vision which has now more than ever proved to be truly appropriate in today’s world, when on one hand, the fast and chaotic daily tempo destroys the balance of existing knowledge, and on the other hand, society imposes on us new technology, which requires new knowledge and skills.
The 21st century demands the development of new knowledge and a higher level of qualification. Knowledge is becoming old and unuseful faster than ever before and it needs to be continuously upgraded. Investment in the development of knowledge of an individual person in all stages of life is vital for the progress of such an individual, the economy and society.
Why do we need Learning organisations?
Because companies need knowledge for their competitive advantage. All EU and global guide lines for development are focused on transmitting and exchanging knowledge.
WHY DO ORGANISATIONS DECIDE TO BECOME A LEARNING ORGANISATIONS?
Organisations need to continually upgrade knowledge because of technology that is radically and constantly changing. Organisations also continually need different processes that are associated with the development of human resources and we therefore provide a competitive advantage to them.
An increasing number of organisations are becoming aware of the fact that learning and knowledge are the ingredients without which organisations will not be able to work successfully and exist in the future. They will not to be successful. People are definitely a company’s greatest asset. It doesn’t make any difference what ever the product is: cars, cosmetics products, services, etc.
A company is only as good as the people it keeps.
The prosperity of the world rests on the success of our workforce. Facing changing markets and growing local and international competition, a company must attract the best talent to compete now and in the future.
The answer to the question about how the difference between the market and book value of successful organisations is created shows the importance of knowledge. Besides financial capital, each organisation has intellectual capital which is based on the knowledge of its employees.
*Note: The difference between average and top ranking companies in the market usually lies in their employees. Motivated and educated employees are the key weapon of a company, especially in the time of various crises and in the fight for survival between companies. We all know that a competitive advantage is not based only on capital and state-of-the-art technology, but also on highly qualified and motivated employees whose knowledge, competencies and innovations make a significant contribution to the performance of a company.
WHAT ARE THE BENEFITS FOR THE ORGANISATION AND ITS COUNTRY
- Efficient use of employees’ potentials within the organisation.
- Improving the organisation’s climate.
- Improving communication.
- Increasing motivation and creativity.
- Increasing responsibility towards the environment and the social environment.
- Acknowledging the organisation‘s investment in people, a key element for the organisation’s success.
Country or wider society:
- Improving investment in human capital,
- Improving the disproportion between the needs of the economy and the supply of profiles offered by school programs (schools).
- The economy’s prosperity, today and tomorrow.
- Education and promotion of each country as a “Learning Knowledge Society” in a global space.
ADVANTAGES AND EFFECT OF LEARNING ORGANISATION
When a company/organisation becomes a Learning Organisation, its business considerably improves. A Learning Organisation shares information, knowledge, skills and collects knowledge from its employees. Spreading information across the company/organisation enables them to work as optimal as possible. An informed employee can now detect a problem, helps develop a solution and participates in developing new strategies for better business.
Copetitive advantage for Learning organisation