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The IUP Journal of Knowledge Management

The Role of Innovation in the Relationship Between Organizational Learning and Performance in Rourkela Steel Plant

Article Details

Pub. Date	: Oct, 2022
Product Name	: The IUP Journal of Knowledge Management
Product Type	: Article
Product Code	: IJKM051022
Author Name	: Suman Baxla and Rohita Kumar Mishra
Availability	: YES
Subject/Domain	: Management
Download Format	: PDF Format
No. of Pages	: 22

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Abstract

In today's corporate climate, businesses are constantly innovating with a view to outsmarting rivals to stay successful and accomplish strategic goals. One such tactic is innovation. Successful organizational learning is not quite as straightforward as it seems. There are any number of learning programs offered throughout the world each year, yet a majority of them fail. The present study intends to evaluate the influence of innovation on the link between organizational learning and performance. The data were acquired using an interview approach from 269 respondents belonging to Rourkela Steel Plant in Odisha, India. Factor analysis was done using statistical program SPSS. As per the data, organizational learning has a considerable influence on organizational performance. Additionally, the findings show favorable and statistically significant benefits of organizational innovation upon organizational learning and performance. The results also reveal that organizational innovation has a favorable and substantial influence on organizational performance and learning, and there is a substantial relation between organizational performance and learning.

Introduction

Today's expeditiously evolving business environment requires continual organizational learning to keep up with changes and stay ahead of the curve. One of the most recent organizational tactics is innovation (Shahzad et al., 2017), which is a major element in deciding the long-term viability of both the business and the industry (Cozzarin, 2017). Meanwhile, a lot of businesses are not on board (Garcia-Morales et al., 2008). Corporations must discover strategies to best innovate if companies are to be competitive and survive (Prajogo and Ahmed, 2006).

An organization that encourages its members to keep an eye out for information regarding the need for change requires a learning atmosphere and the development of human resources competencies and capabilities (Alsabbagh and Khalil, 2017a). Organizational innovation is