Question: In today's increasingly VUCA (Volatile, Uncertain, Complex and Ambiguous) world, it is important for firms to be able to quickly and accurately adapt to shifts


In today's increasingly VUCA (Volatile, Uncertain, Complex and Ambiguous) world, it is important for firms to be able to quickly and accurately adapt to shifts in the marketplace or changes in technology. Dynamic capabilities are the routines and processes that enable companies to transform themselves and evolve with the times. By developing these capabilities that go beyond ordinary strategic capabilities, firms will be in a strong position to achieve a long-lasting competitive advantage (Mpia, 2019). Source: https://www.batonglobal.com/post/dynamic-capabilities-the-source-of-competitive-advantage


Question

In dealing with various organisational issues, professionals in organisational behaviour strive to turn their organisations into learning organisations. Learning organisations are regarded to be essential for effective change management, and in particular creating a culture of high performance through team learning and employee motivation. In the context of this statement, provide a detailed argument on fundamental characteristics of learning organisations and examine the benefits of learning organisations in relation to employee motivation and adapting to change for your organisation. Apply relevant examples related to monopoly organisations. Please reference Capitec Bank.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Characteristics of Learning Organisations Learning organisations are characterised by several fundamental traits that enable them to foster a culture of continuous improvement adaptability and innovat... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!