discuss how organisational learning AND knowledge management can help business managers to effectively tackle organisational changes and utilize oppurtunities.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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discuss how organisational learning AND knowledge management can help business managers to effectively tackle organisational changes and utilize oppurtunities.

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Step 1

Organizational learning is defined as a process of creating knowledge within an organization
and then retaining and transferring it within the organization. Organizational learning is a part
of an organization, it learns with the experience and applies those learnings within the
organization to create knowledge, and increase the effectiveness and efficiency by applying
that knowledge in the organization . The basic purpose of organizational learning is to
improve the overall performance of the company.
On the other hand knowledge management is defined as a process of collecting, organizing
and sharing the knowledge among the employees of an organization. The knowledge is
firstly analyzed by the top management before sharing it to the employees and it is shared in
such a way that it will be easily understandable by the employees of the company.

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