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Eastern Academy of Management 2018 Annual Meeting

Papers Proceedings »

ORGANIZATIONAL LEARNING AS A STRATEGIC TOOL FOR ENHANCING CORPORATE COMPETITIVENESS

Corporations globally are seeking for ways of being ahead of other competitors in the industry. Companies ranging from production to service firms in Nigeria strive harder to meet the challenges posed by environmental changes. The relationship between the process of acquiring and sharing knowledge within the organization and corporate performance remains topical and inconclusive. This study examined the effects of organizational learning on corporate performance. 240 copies of questionnaires were administered to the members of staff of the firms sampled for the study. Test-re-test reliability test of the research instrument was conducted which yielded r=0.81 and internal consistency measured via Cronbach alpha of 0.854.The study found that opportunity for individual learning makes employee to be committed and organizational condition have significant effects on performance. The study recommends that service firms should endeavour to direct more resources to the areas of organizational learning in order to achieve greater global industry relevance.

Raheem Olasupo Akewushola
Lagos State University, Ojo, Lagos, Nigeria.
Nigeria

 

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