A ‘learning organisation’ is one that invests in learning and transforming itself constantly. Organisations whose people are able to learn faster than their competitors have a significant competitive advantage. Continuous learning enables an organisation to create ideas faster, work together more quickly and effectively and produce results more consistently than its competitors. A ‘learning organisation’ is better equipped to adapt and change. Edwin C. Nevis in his article “Understanding Organisations as Learning Systems” defines organisational learning as the capacity within an organisation to maintain or improve performance based on experience. Learning is a systems-level phenomenon because it stays within the organisation, even when individuals change. The value of continuous learning can be expressed with the following equation:
Individual Learning + Organisational Learning = Sustainable Competitive Advantage.
The fundamental requirement for learning is an active mind