Organisational Learning
Single Loop Learning
repeated attempts at the same problem with no variation of method and without ever questioning the goal
- doing things right
Double Loop Learning
having attempted to achieve the goal on various occasions, to modify the goal in light f experience or possibly even reject it
Difficulties in Double Loop Learning [SBP]
Status Quo Bias
Bandwidth
- managers are not given enough time and resources to think about the bigger issues and implement fundamental changes
Power and Social Equation Dynamics
Creation of Learning Organisations
Learning Organisations: 3 Stages of Learning
Knowledge Acquisition
Knowledge Sharing
- dissemination of what has been learnt
Knowledge Utilisation
Learning Organisations: Assumptions [CALF]
Learning Organisations: Learning Orientations
[1 source, 4 focus, 2 modes]
Values and practices that reflect where learning takes place and the nature of what is learnt (highly contextualised to operating climate)
Learning Organisations: Facilitating Factors [O LEVElS]
Structures and Processes that affect the difficulty in learning to occur and the amount of effective learning that takes place
Analytics 1.0
The era of business intelligence
Data - rudimentary, sourced in-house
Outcome - objective, deep understanding of important business phenomena; give managers the fact-based comprehension to go beyond intuition
Skills - more time was spent preparing for analysis than the analysis itself; low computing and analytical power
Analytics 2.0
The era of big data
Data - generated in-house, sourced externally
Outcome - to build models and make sense of data to transform to strategy
Skills
Analytics 3.0
The era of data-enriched offerings
Data
Outcome
Skills
Challenges in Big Data Analysis [D-HHAM]
Figuring out which data to use
The need for a hypothesis
Balancing data with a human touch
Transforming data into actionable plans
Analytics and Modelling
- specialised training is required