StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Strategic Targets, Strategic Thrusts, and Innovative Learning - Research Paper Example

Cite this document
Summary
The author of the paper "Strategic Targets, Strategic Thrusts, and Innovative Learning" argues in a well-organized manner that in learning organizations, the attitude and response of supervisors, peers, and trainers to the employees can either hurt or help the whole learning process…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.2% of users find it useful
Strategic Targets, Strategic Thrusts, and Innovative Learning
Read Text Preview

Extract of sample "Strategic Targets, Strategic Thrusts, and Innovative Learning"

The actions taken by the partners before, during, and after the learning process directly affects the likelihood that learning will occur properly. Although organizations spend a lot of time and money on employees’ learning annually, there exists no significant relationship between learning and actual job performance. However, when the learned skills are successfully transferred into effective job performance, learning can surely produce far better outcomes.

Due to volatile market preferences and needs, learning organizations have to focus more on strengthening their internal resources and capabilities. As Grant (2005) has stated, “When the external environment is in a state of flux, the firm itself, in terms of its bundle of resources and capabilities, maybe a much more stable basis on which to define its identity”, the rate at which learning takes place within organizations thus contributes towards achieving sustainable competitive advantage. Organizations must have their own unique ways to encourage and value employed workforce in order to motivate their commitment towards innovative pursuits.

An organization requires its employees' competence in achieving present as well as future performance goals. Human resource management is instrumental in determining the strategic position of an organization in competitive learning environments. Organizations unique set of available resources and capabilities enables it to build a learning strategy focused on an internal environmental variable rather than just following the market trends. A highly qualified and unique workforce is one of the prime resources of organizations. Organizations often tend to systematically evaluate potential employees in terms of setting up future performance targets at the time of hiring. An organization that values its employees with benefits and performance rewards for enhancement of the learning process enjoys a firm competitive advantage. Successful integration of learning and workforce concerns is the strategic ability distinguishing organizations from each other.   

Effective implementation of strategy requires both the prevailing conditions of scarcity and the relevance of a resource. While implementing a learning strategy, an organization should analyze its human resources closely as if learning variables are durable, transferable, and replicable or not. It is important to note that organizations usually suffer in absence of optimized human resource development as employees may become adaptive to certain work attitudes and habits affecting overall performance adversely. Learning organizations therefore often strive hard to achieve valuable, rare, inimitable, and organized resources for establishing a sustainable competitive strategy. However, organizations differ in their structure and human resource development. The centralization management approach is a major barrier in most learning environments. Organizations need to learn from their failures and develop strategies according to their internal and external dynamic environments.

In conclusion, most organizations are successful only because of being able to maintain a fair balance between strategic targets, strategic thrusts, innovative learning, and human resource development. Identification and analysis of failures are critical in learning for experimentation of innovations. Along with the learning process, utilizing human resource development as part of accomplishing a competitive advantage is not only profitable but also helps in achieving a high-level approach to innovativeness and creativity in the long run.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Grant Research Paper Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved from https://studentshare.org/other/1421989-grant
(Grant Research Paper Example | Topics and Well Written Essays - 500 Words)
https://studentshare.org/other/1421989-grant.
“Grant Research Paper Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/other/1421989-grant.
  • Cited: 0 times

CHECK THESE SAMPLES OF Strategic Targets, Strategic Thrusts, and Innovative Learning

Strategic analysis of the case, fisher and paykel healthcare

The FPH is attributed to innovative developments in healthcare products.... This paper is a strategic analysis of the case of Fisher and Paykel Healthcare.... This paper is a strategic analysis of the case of Fisher and Paykel Healthcare.... The paper begins with an introduction of the company, its products and the industry in which it operates....
19 Pages (4750 words) Research Paper

Strategic Management Process

This essay "strategic Management Process" discusses L'Oreal as the most popular and well-known cosmetic brand and in order to maintain its position the company invests heavily in its R&D to innovate and create new products to suit the demands and needs of its target market.... ... ...
12 Pages (3000 words) Essay

Volkswagen Strategic Management

As part of the corporate governance and strategic management, VW group has adopted various strategic choices.... strategic fit is developing strategy by identifying opportunities in the business environment and adopting resources and competences to take advantage of these (Porter, 1980).... strategic choices are concerned with decisions about an organization's future and the way in which it needs to respond to the market pressure and influences....
13 Pages (3250 words) Case Study

Role of Strategic Selling in Company Turnaround Efforts

This essay "Role of strategic Selling in Company Turnaround Efforts" is about the description is closely aligned with Brandes and Brege's definition of company turnaround: 'a process that takes a company from a situation of poor performance to a situation of good sustained performance'.... The role of strategic selling is often neglected or not given its due recognition in most turnaround attempts.... This paper will analyze the various practices and methods within strategic selling functions which contribute to a company's turnaround effort....
13 Pages (3250 words) Essay

Evaluating an International Human Resource Strategy

The paper "Evaluating an International Human Resource Strategy" discusses that Tesco has given equal importance to all four perspectives namely Financial, Customer, Internal Process and Employee learning and Growth.... Similarly, the strategy map indicates the strategy and objectives in one place....
13 Pages (3250 words) Essay

Strategic Management of publically lisied company

strategic analysis is the method of conducting research on a company's internal and external business environment in which it operates, in order to formulate a suitable strategy (Rigby, 2001).... There are a number of tools of strategic analysis such as PEST analysis, SWOT analysis, Porters five forces, Value chain analysis which will be described in details in context of Apple Corporation.... Additionally, strategic planning involves defining the company's mission, goals and objectives which initiates effective strategy formulation (Luo, 2008)....
8 Pages (2000 words) Essay

Strategic Management Competitiveness and Globalization

The company has demonstrated willingness to bring the best user experience to its clients via its innovative hardware, peripherals, software, services, and internet offerings that guarantee advanced, well-integrated digital lifestyle and productivity solutions (Afuah 2009, p.... The company has persistently pursued the designing of innovative products and technologies and has enhanced its existing products to broaden its product offerings and intellectual property via licensing and acquisition of third-party business and technology....
6 Pages (1500 words) Case Study

Public Relations Strategy

mong the challenges encountered includes stiff competition especially in mature markets, low success rates of brands as well as inability to meet the growth targets.... The paper "Public Relations Strategy" is a decent example of a Marketing essay.... The manufacturers of consumer products are facing much pressure to not only improve their operating efficiency but also grow their revenues....
13 Pages (3250 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us