They create their own future, always knowing where they want to go and what skills they need to develop.They are productive, and people are able to exploit their strengths to compensate for their weaknesses.They are dynamic, and people work together to improve learning all the time.

They focus on progress, always seeking continuous improvement, and always striving for precise results.Learning companies share many common characteristics. Learning companies, on the other hand, can transform the context in which they are inserted to control and create their destiny. It causes people to take the old way because they do not feel the effects and results in a new way Ī company that does not learn is only reacting to events in the outside world. People are more attached to their previous experience, and there is a long cycle of response between an action and its outcome.People look at what is happening in the foreign market and do not realize the gradual changes that occur in the company itself.People focus on business problems rather than coming up with solutions together to solve them.Employees may be attached to their current positions and their knowledge, and this causes changes to bring friction and conflict.Most companies fail to create a learning and adaptation process. To do this, they need to develop their learning capacity. With the rapid pace of change taking place in today’s world, companies that can adapt have a big advantage. Learning companies focus on uniting the capabilities of their entire staff to produce audacious results. In the contemporary world, the learning process has already become continuous and not a part of a professional’s career. Learning companies know that their profits come from their ability to continue learning.Īnd this is not just for companies.

They use collective learning practices and are always prepared for the future, as they know they can assimilate the knowledge they need to succeed. The learning organizations are those people who continually improve their ability to create the future they would like to see emerging. In an increasingly competitive world, where companies strive to create their competitive edge and win by using competitive academic strategies, Peter Senge brings a different vision.Ĭompanies that will win and have a competitive edge in the future will be “learning companies,” companies that are capable of exploiting the collective experience and the ability of people to succeed in a team. In this book, he teaches you how to do this in your company. He believes, in the long run, the only difference an organization can have is to make you learn faster than the competition. His theories help companies clarify their goals, challenge the odds and find new opportunities. Peter Senge is one of the greatest thinkers of the contemporary corporate world. Senge is also the founding partner of consultancy services in Massachusetts – USA, Toronto – Canada and many others. Senge where he currently has an executive role as a director at MIT’s Sloan School of Management. The Center for Organizational Learning developed under the patronage of Peter M. from Stanford University.Īs an American-born scientist, analyst, and organizational expert he gradually became a Learning Organization consultant and the founder of the Society for Organization Learning. He studied philosophy and received a B.S. Peter Michael Senge was born in 1947 Stanford, California. Open-minded Businessmen are quickly able to grasp why all businesses need an organizational change and improvement, Senge’s point of view is not some personal agenda, It is a long-term plan for a company to optimize its so-called operations. “The Fifth Discipline” challenges businesses to change their old-fashioned manner of organizing activities, projects, and events.Įconomy Students- (especially those studying management and accounting ) would find this book quite thrilling and amazing where clear, concise and unique organization methods and techniques are presented, that may come in handy very soon.

The latest technologies carry with them an increased set of options available for the companies to operate more cost-effectively. Who Should Read “The Fifth Discipline”? and Why? We present you “The Fifth Discipline” the book which will open your mind and guide you to finding the success you strive for.Īre you ready to become a manager that will be able to notice and adequately fix problems? 13 min read ⌚ The Art & Practice of the Learning Organizationĭo you want to know why your company faces specific problems? Even more importantly, do you want to know how to avoid them?

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