LEARNING ORGANIZATION
\lˈɜːnɪŋ ˌɔːɡɐna͡ɪzˈe͡ɪʃən], \lˈɜːnɪŋ ˌɔːɡɐnaɪzˈeɪʃən], \l_ˈɜː_n_ɪ_ŋ ˌɔː_ɡ_ɐ_n_aɪ_z_ˈeɪ_ʃ_ə_n]\
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In a rapidly changing environment, an organization that gains knowledge and applies it quickly to survive and thrive. Such entities (1) build a culture encouraging and supporting continuous employee training, use of critical thinking, and risk taking with new ideas, (2) allow mistakes, and value employee contributions, (3) improve with experience and experiment, and (4) spread new knowledge over the organization for use in daily operations.
By Henry Campbell Black