Management organisational learning knowledge MOLK Essay

Management organisational learning intimacy MOLK - Essay caseOn the basis of neo-classists, the last two hundred years affirm witnessed the replacement of the two cognise factors of production, labour and capital. Information and cognition have arisen to replace the above two factors. It is at this stage that the deliverance has come to be referred to as a intimacy economy. In addition to this, the present technological advancements have revolutionised the economic world. The move has been characterised by the shift from physicality to knowledge based (Dolfsma 2006).To offer support to the knowledge economy has been the developments in the mobility of both information and human expertise. This implies that technological developments so-and-so in a genuinely easy way be transmitted across country borders in an instance. Of note here is overly the ability to move expertise from place to place, an attribute that narrows the development gap between companies. So the avail that could be gained by a researching company is washed away as such knowledge can easily be replicated elsewhere within a very short period of time. The only role of a company in this era could only emanate from the activities of innovations within the company. Through the combination of knowledge and market know-how, a company would be in a position to derive a war-ridden status. Equally important would be the ability of a company to gather and act on meaning(prenominal) information. This reflects the economic environment as one that is staple fiberally driven by knowledge, hence the reference to the knowledge economy (Debra, M 1997).The need to be in possession of better skills and qualifications underlie the sustainability of employment status. This is the basic work ingredient that ensures that individuals secure employment and most importantly retain the jobs or enjoy the likelihood of shifting to better opportunities when they arise.Once people have secured work, the learning process does not need to barricade there. This is so because the global economic