Discuss the concept of Organizational Learning and its pivotal role in fostering innovation and sustainable growth within businesses. Explore the fundamental principles and mechanisms involved in creating a learning organization, emphasizing knowledge acquisition, dissemination, and utilization. Analyze the impact of organizational learning on strategic decision−$-$making, adaptability to changing environments, and the development of a competitive edge in today's dynamic market landscape. Furthermore, evaluate the challenges that organizations may encounter in becoming learning−$-$centric entities and propose strategies to overcome these hurdles, ensuring the successful implementation of organizational learning initiatives.

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Organizational learning is a crucial concept that underpins innovation and sustainable growth within businesses It refers to the process through which organizations acquire share and apply knowledge t... View the full answer