Drea Knufken
15. The Fifth Discipline: The Art & Practice of the Learning Organization
by Peter M. Senge
1990
Based on 15 years of experience putting the ideas into practice, this bestselling classic popularized the concept of the learning organization, a holistic approach that prioritizes learning—new and expansive patterns of thinking—as both an individual and a group experience. Senge argues that “changing individuals so that they produce results they care about [and] accomplish things that are important to them” faster than the competiton does is, in the long run, the only sustainable competitive advantage.
Because the learning organization requires managers to surrender their traditional spheres of power and control, and because it demands trust, involvement, and the allowance for experimentation and failure, it has rarely been converted into a reality. Nevertheless, Senge’s ideas have affected the rewards and remuneration strategies of many companies.
