Organizational learning is the process through which a company or group improves its ability to achieve goals by gaining knowledge and adapting to changes. This involves sharing experiences, reflecting on successes and failures, and applying lessons learned to future actions. By fostering a culture of continuous improvement, organizations can enhance their performance and innovation.
Key elements of organizational learning include team collaboration, knowledge sharing, and feedback mechanisms. When employees feel encouraged to share ideas and learn from one another, the organization becomes more agile and responsive. Ultimately, this leads to better decision-making and a stronger competitive edge in the market.