The Meaning of Learning in Organisations and Knowledge Acquisition: A Competency Based Perspective

For leveraging the competitive advantage, organisations have to necessarily depend on the new frontiers of knowledge. Hence, learning becomes an integral part of any organisation to generate superior performance. Learning plays a crucial role in creating and disseminating knowledge throughout the organisation. Knowledge has undoubtedly become a major source of competitive advantage for many industries. This paper highlights the relationship between learning, knowledge and managerial competencies in an organisation. Apart from this, the paper also argues that the organisation must focus on developing the managerial competencies to attain a competitive advantage in learning and knowledge acquisition