Asked by Candace Shields on Jun 17, 2024

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Organizational learning involves acquiring and using new knowledge. Should new knowledge be acquired from outside the organization?

Organizational Learning

The process through which organizations develop, enhance, and transfer knowledge and skills, improving over time.

New Knowledge

Information, understanding, or skills acquired through study, research, or experience that was not previously possessed.

Acquiring

The process of obtaining or gaining possession of something, often through purchase or negotiation.

  • Comprehend the role of organizational learning and the value of acquiring knowledge from external sources.
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Christopher DominguezJun 23, 2024
Final Answer :
Student responses may vary. Organizational learning involves acquiring and using new knowledge. The new knowledge can be created internally or acquired from outside the organization. An important leadership function is to encourage and facilitate external acquisition of relevant knowledge. New ideas and knowledge may also be acquired from a variety of outside sources, including: publications on results of applied research, books or articles describing practitioner experiences, and observation of best practices used elsewhere. Other sources include purchasing the right to use specific knowledge from another organization, getting advice from consultants who have relevant expertise, hiring outsiders with special expertise, entering joint ventures with another organization to increase learning opportunities, and acquiring another organization that has relevant expertise and patents. The process of examining best practices used in successful organizations is sometimes called "benchmarking." Imitating the best practices of others can be beneficial, but it is essential to evaluate their relevance before adopting them. It is also important to remember that imitation alone seldom provides much of a competitive advantage. Rather than simply copying what others are doing, it is usually better to improve their best practices, and to invent new approaches not yet discovered by competitors.