HROB 3090 Lecture Notes - Lecture 2: Explicit Knowledge, Brainstorming, Intellectual Capital

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Organizaions that are going to thrive, survive and be globally compeiive need to embrace a culture where learning is fostered and experimented with at all levels of the organizaion. Organizaional learning process of creaing, difusing and applying knowledge in organizaions. Focuses on the systems used to create and distribute new knowledge on an organizaion-wide basis. It is a dynamic process of creaing and sharing knowledge. A learning organizaion is an organizaion that creates, acquires, organizes, shares and retains informaion and knowledge. Uses new informaion and knowledge to change its behaviour in order to achieve its objecives and improve its efeciveness. As a result, a learning organizaion is able to transform itself by acquiring and disseminaing new knowledge and skills throughout the organizaion and at all levels. Almost 50% more likely to have higher overall levels of proitability. In terms of employee retenion, employee saisfacion, producivity and organizaional performance.

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