ISSN Print: 2381-1196  ISSN Online: 2381-120X
International Journal of Investment Management and Financial Innovations  
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Organizational Learning and Performance of Selected Paint Manufacturing Firms in Lagos State, Nigeria
International Journal of Investment Management and Financial Innovations
Vol.3 , No. 5, Publication Date: Nov. 25, 2017, Page: 44-50
523 Views Since November 25, 2017, 780 Downloads Since Nov. 25, 2017
 
 
Authors
 
[1]    

Ewans Chukwuma, Business Administration, Faculty of Management Sciences, Nnandi Azikiwe University, Awka, Nigeria.

[2]    

Olai Godwin, Business Administration, Faculty of Management Sciences, Ignatius Ajuru University of Education, Port-Harcourt, Nigeria.

[3]    

Offor Patience Ndidi, Business Management, Faculty of Management Sciences, Ebonyi State University, Abakaliki, Nigeria.

 
Abstract
 

The emerging trend in business environment occasioned by the interplay of various elements of the environment calls for effective implementation of organizational learning practices for the acquisition of relevant knowledge and skills to engender operational excellence. The specific objectives among others include: to ascertain the extent to which knowledge utilization relates to product diversification of the selected paints manufacturing firms in the Lagos State, Nigeria and to determine the extent to which knowledge sharing relates to product quality improvement of the selected paint manufacturing firms in Lagos State, Nigeria. The study employed correlational design in an attempt to determine the degree of relationship between studied variables. Structured questionnaire were administered to the sample of two hundred and seventy three (273), out of which, two hundred and sixty five (265) copies of the questionnaire were returned and subsequently used for the analysis. The data collected were analyzed with Product Moment Correlation Coefficient Via SPSS version 20.0. The study found a significant relationship between knowledge utilization and product diversification (r = 0.76) and significant relationship between knowledge sharing and product quality improvement (r=0.64) of the selected paint manufacturing firms in the Lagos State, Nigeria. From the findings therefore, the study concluded that organizations could sustain superior performance, if organization learning is implemented effectively. The study recommended that the management of these firms should provide a sustainable framework that will allow for organizational learning among organizational workers for cross-fertilization of innovative ideas, thus assemblage of these ideas would enable organization to come up with new product ideas or improved on already existing line of business.


Keywords
 

Organizational Learning, Performance, Knowledge Sharing, Knowledge Utilization


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