1. INTRODUCTION This essay is going to be based on the work "The renaissance of Learning in Business", written by Dr. John W. Thomson. Intense and global competition and explosion in information technology and the emergence of a knowledge based economy are continually reshaping the world's businesses environment. According to Dr. W. Edward Demming the purpose of organisational learning and the acquisition of organisational knowledge is to provide the foundation for rapid, dramatic organisational change; increasingly …showed first 75 words of 2831 total…

…showed last 75 words of 2831 total…Prentice-Hall. Pedler, M., Burgoyne, J. and Boydell, T. (1991) The Learning Company. A strategy for sustainable development. McGraw-Hill. Senge, P. et. al. (1990) The Fifth Discipline Fieldbook: Strategies and Tools for Building a Learning Organization. Doubleday. Thomson, J. The renaissance of learning in business Watkins, K. and Marsick, V. (1992) 'Building the learning organization: a new role for human resource developers', Studies in Continuing Education. Whetten, D. (2005) Developing management skill. Prentice Hall. Lectures 1, 3, 8 and 10. Personal and Management Development.