The key to sustaining performance
Today's businesses need to become learning organizations. Many leaders of technology based companies attract and retain highly motivated and driven talent by transforming their businesses into business campuses that encourage questioning and learning to drive individuals to excel in their areas of expertise.
The learning organization drives innovation and performance through knowledge stimulation.
Learning organizations will for example invite authors of books on ideas and new thinking to do presentations in-house. Senior leaders, managers and staff are encouraged to attend and ask questions. The involvement of leaders in such sessions re-enforces the commitment to learning, innovation and high performance as a business culture.
To establish a culture of learning, innovation and high performance business leaders need to:
1. Anticipate change and empower key staff to be change agents that can lead transformations in their area of specialization.
2. Be able to attract the best talent to join the business team. It is essential to create a work environment that is stimulating to bring out the best in each individual within the team.
3. Build trust and develop relationships with key individuals throughout the organization to establish a network of individuals who can respond rapidly to both internal and external stakeholder demands and needs across the supply chain.
In a global economy where factors outside the control of the business such as natural disasters, currency fluctuations and overseas stock market downturns can impact consumer sentiment, it is the learning organization that is best able to adapt and respond to changing market demands.
International Business Consultant
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