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This revised edition of Peter Senge’s bestselling classic, The Fifth Discipline, is based on fifteen years of experience in putting the book’s ideas into practice. As Senge makes clear, in the long run the only sustainable competitive advantage is your organization’s ability to learn faster than the competition. The leadership stories in the book demonstrate the many ways that the core ideas in The Fifth Discipline, many of which seemed radical when first published in 1990, have become deeply integrated into people’s ways of seeing the world and their managerial practices.
In The Fifth Discipline, Senge describes how companies can rid themselves of the learning “disabilities” that threaten their productivity and success by adopting the strategies of learning organizations—ones in which new and expansive patterns of thinking are nurtured, collective aspiration is set free, and people are continually learning how to create results they truly desire.
The updated and revised Currency edition of this business classic contains over one hundred pages of new material based on interviews with dozens of practitioners at companies like BP, Unilever, Intel, Ford, HP, Saudi Aramco, and organizations like Roca, Oxfam, and The World Bank. It features a new Foreword about the success Peter Senge has achieved with learning organizations since the book’s inception, as well as new chapters on Impetus (getting started), Strategies, Leaders’ New Work, Systems Citizens, and Frontiers for the Future.
The 21st century brings a networked world of business -- and in this era only living, learning organizations will be able to adapt and survive. All companies will be linked in a global ecosystem. No company will know when and where the next competitor will emerge. To sustain themselves, all organizations will need to constantly innovate and learn. The Fifth Discipline is a seminal book by the famous author Peter M. Senge. The book teaches the concept of the learning organization namely that the successful organization must continually adapt and learn in order to respond to changes in the environment effectively and therefore to grow and prosper. Senge's book is worth having and keeping on your bookshelf because it gets to the essence of what's needed to create a learning organization. Senge describes five disciplines- Personal mastery, Shared vision , Mental models , Team learning , Systems thinking that must be mastered at all levels of the organization. It is essential reading for anyone wanting to understand the nature and nurture elements of the ultimate sustainable organization.