Unleashing Absorptive Capacity and Unlearning for Organizational Excellence

Book excerpt: In today's rapidly evolving business landscape, organizations are constantly faced with the challenge of staying competitive and adapting to change. To thrive in this dynamic environment, it is crucial for organizations to develop the capability to learn, unlearn, and relearn effectively. Absorptive capacity, the ability to acquire, assimilate, and apply external knowledge, plays a vital role in fostering innovation, agility, and competitive advantage. By tapping into external sources of knowledge, organizations can leverage new insights, technologies, and best practices to fuel their growth and development. However, absorptive capacity alone is not enough. Organizations must also cultivate the willingness and ability to unlearn outdated knowledge, assumptions, and practices that may hinder progress. Unleashing Absorptive Capacity and Unlearning for Organizational Excellence delves into the interconnected dynamics of absorptive capacity and unlearning within organizational contexts. It emphasizes how absorptive capacity and unlearning can mutually reinforce and amplify each other, creating a positive feedback loop. Covering topics such as continuous improvement, learning cultures, and organizational adaptability, this book empowers leaders, managers, human resources professionals, researchers, academicians, educators, postgraduate students, and more with the knowledge and tools necessary to foster a culture of continuous learning, ultimately contributing to organizational excellence.