What can organisational learning, and the search for the learning organisation, offer to companies seeking improved financial performance in the modern workplace?

What can organisational learning, and the search for the learning organisation, offer to companies seeking improved financial performance in the modern workplace?

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While convincing statements have been offered, there remains a prospect for applicable research to support the value intentions of academics in learning organisation theory.

recognised a central issue challenging supporters of learning programs when he drew attention to the fact that organisations that adopt the strategies associated with a learning organisation are supposed to achieve improved performance.

This was that few empirical studies have studied the relationship between learning organisation theory and an organisation’s financial performance and that without a business case linking learning to improved financial performance, other functional improvement initiatives with a more identifiably positive financial return will likely be taken up by organisational leaders.

However, even though empirical data is still lacking, the list of academic writers willing to advocate the learning organisation as a route to enhanced financial performance continues to grow. King (2001) stated that organisations committed to learning can convert new knowledge into financial performance improvement and a learning organisation can be considered as one that emphases on developing and processing data to improve financial results. Ellinger et al.

(2002), stated a progressive relationship between learning and financial performance was required to lend credibility to the business case for acceptance of learning organisation practices.

More work is required to collect satisfactory data concerning the associations between learning and financial performance and when managed and executed properly, learning initiatives may offer important financial benefits to a company.

Further work by Kaleka and Berthon (2006) proposed that organisational learning performs a significant function in relation to financial performance through an organisation?s enhanced ability to evaluate new information, make more rapid decisions and grow financial returns