Monday, July 18, 2011

Prahalad's Business Wisdom

Tanmay Vora has gleaned some great examples from the wisdom of Dr. C. K. Prahalad. An excerpt:

Creating a ‘learning organization’ is only half the solution. Just as important is creating an ‘unlearning organization’. To create the future, a company must unlearn at least some of its past. We’re all familiar with ‘learning curve’, but what about the ‘forgetting curve’ – the rate at which a company can unlearn those habits that hinder future success?

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