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our
perspective on
Learning
...
...Invest
in information and knowledge...
Do
you feel that your organization could be better at learning? Are people frustrated
by problems that should have been avoided? Has your firm missed
valuable opportunities?
Many organizations
do not learn effectively. Managers are often too busy working. Well-meaning
executives struggle to reconcile learning with profits. Those who try to improve "how we learn"
often improve morale, but not profitability. Some
firms are full of smart people who
collectively do dumb things.
Unfortunately,
firms that learn too slowly or learn the wrong things pay for it
in lower profits, lost opportunities and frustrated
employees. Learning
affects every part of the business. Sales teams learn:
"Who's making the decision on key component sourcing?"
Executives learn: "Where is there a gap in the
market?" Customers learn: "Who's the best
value?" Firms that don't understand how their customers
learn lose sales.
The
most important thing in learning is to learn what's most important. The
only way to learn effectively is to treat information and knowledge as
investments. Executives should ask, "What information is
most important to our profitability? What investment in new
knowledge would produce the best returns?". Executives who
answer those questions create a dynamic learning
organization. They increase profitability without capital
investment. They make the organization a better place to work.
Our
Learn to Profit™ methodology allows firms to manage investments in
information and knowledge. It shows executives that every dollar spent on
salaries is an investment in information, knowledge or physical
work. We help clients
maximize the return on that investment. With our help, firms
develop a Learning Investment Portfolio™ (LIP). The LIP specifies the
investments in information and knowledge that will maximize profits. It's
a powerful tool that focuses the whole organization on the things that
produce the most profit.
Learn
to Profit™ is about creating new profits. That’s why it’s
the best way to create a learning organization. Too often,
executives try to create a learning organization through
“cultural change” initiatives. With Learn to Profit™,
creating new profits changes the organization.
For
more information, please contact
us.
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