This article throws light upon the eleven main areas to ensure good corporate governance practices in contemporary society. 1. Define the objectives of the organisation in terms of what the customers want and supplying them at the right time and place. 2. Define the value system of the firm within which it must operate and ensure that all organisational members [...]
After reading this article you will learn about:- 1. Meaning of Knowledge 2. Transition from Information Value to Knowledge Value 3. Forms. Meaning of Knowledge: Knowledge is an important source to create learning environment in the organisation, at all levels and all areas. When there was shift from industrial economy (based on hierarchical control) to the global decentralised, information driven [...]
After reading this article you will learn about:- 1. Meaning of Learning Organisation 2. Features of Learning Organisation 3. Merits 4. Creation. Meaning of Learning Organisation: "Learning organisation is the one that has developed the capacity to continuously learn, adapt, and change". — B. P. Robbins and M. Coulter Organisations operate in the dynamic environment. There are continuous innovations in [...]