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Strategic Management

1. What is learning organization? Is this approach to strategic management better than the more traditional top-down approach in which strategic planning is primarily done by top management?

2. How does strategic management typically evolve in a corporation?

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1. What is learning organization? Is this approach to strategic management better than the more traditional top-down approach in which strategic planning is primarily done by top management?

A learning organization facilitates the learning of all the members of the organization through a continuous enhancement of their members' capabilities through systems, processes and mechanics that can help the organization achieve sustainable advantage. Learning organizations adapt to the community and the external environment in which they belong by learning about them collectively and using the results they have learned for further improvement (Skyrme.com).

With the onset of globalization and the rapid growth of technology, more and more organizations need to learn and relearn new trends that can help their companies achieve competitive advantage. Management is challenged to learn new skills ...

Solution Summary

600 words; 3 references; definition of a learning organization and how it is better than the traditional approach

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