Learning Organisations

Organisation that acquires knowledge and innovates fast enough to survive and thrive in a rapidly changing environment. Learning organisations (1) create a culture that encourages and supports continuous employee learning, critical thinking, and risk taking with new ideas, (2) allow mistakes, and value employee contributions, (3) learn from experience and experiment, and (4) disseminate the new knowledge throughout the organisation for incorporation into day-to-day activities.

Source: http://www.businessdictionary.com