KOREASCHOLAR

HOW ORGANIZATIONAL LEARNING SUPPORTS THE DEVELOPMENT OF KNOWLEDGE AND THE IMPLEMENTATION OF MARKETING STRATEGY

Peter R.J. Trim, Yang-Im Lee
  • LanguageENG
  • URLhttp://db.koreascholar.com/Article/Detail/271901
Global Marketing Conference
2014 Global Marketing Conference at Singapore (2014.07)
pp.1406-1428
글로벌지식마케팅경영학회 (Global Alliance of Marketing & Management Associations)
Abstract

The organizational learning concept is used to develop the skill base of employees and create knowledge that can be used to improve the capability of an organization. The objective of this paper is to explain how the process of organizational learning, which is underpinned and reinforced by a specific organizational value system, produces interactive communication that incorporates information sharing, teamwork, individual learning and fosters the development of knowledge which ultimately results in the implementation of a marketing strategy. The research question we pose is: How can marketing managers use the organizational learning concept to improve the organization’s marketing performance? A qualitative research strategy, incorporating an open ended, structured questionnaire was used to obtain insights into how organizational learning supports the development of knowledge and the implementation of marketing strategy in three Korean companies in three separate industries. The research findings indicate that managers in the participating Korean companies embrace the strategic marketing concept, implement knowledge based marketing decisions, are committed to sharing information and are keen to adopt innovatory processes that result in change. In addition, they utilize the organizational learning concept to enhance the capability of the organization, ensure that individual learning is placed in the context of institutional learning, develop and implement innovative marketing strategies, and reinforce the strategic marketing planning process through interactive communication in order to achieve value creation.

Keyword
Author
  • Peter R.J. Trim(Birkbeck, University of London)
  • Yang-Im Lee(University of Westminster)