MANA 444 Lecture Notes - Lecture 2: The Fifth Discipline, Tacit Knowledge, Learning Organization

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Organizations that are going to thrive and be globally competitive need to embrace a culture where learning is fostered, and is experimented with at all levels in the organization. A process of creating, diffusing, and applying knowledge in organizations. Focuses on systems used to create and distribute knowledge. A dynamic process of creating and sharing knowledge learning of all of the employees. Senge (author the fifth discipline: the art and practice of the learning organization) learning organization. Creates, acquires, organizes, shares, and retains information and knowledge. Uses new information and knowledge to change its behaviour in order to achieve its objectives and improve its effectiveness. Is able to transform itself by acquiring and disseminating new knowledge and skills organization- wide and at all levels. Organizational learning is learning that actually results in improvements. Senge"s five disciplines to becoming a learning organization. Individuals that are always in a learning mode. Picture and vision of the future everyone can agree on.

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