We are living in a time of enormous economic and business change. Industries and markets across the world are increasingly dynamic and unpredictable: characteristics that create complex operating environments for organisations.
Much of this change is the result of advances in digital technologies.
Digitisation is reshaping many aspects of business: from what organisations produce, to how they interact with customers, to how the fundamental economics of industries work. And in an increasingly digital economy, the rules of competition are changing.
Where traditionally organisations sought competitive advantage through business models that exploited economies of scale, concepts such as zero marginal cost economics are weakening these forms of competitive advantage.
To compete effectively in a fast-paced digital economy, organisations can start taking steps right now to put learning at the heart of how they operate. There are 10 steps recommended by Aurecon to set you on the path to becoming a learning organisation presented.
In this guide, we refer to learning as an organisation’s ability to extract insight from the data, information and experience available to them, and use it to improve their current operations or to create new value for customers.