The organizations are rapidly evolving due to the introduction of innovative technology, market globalization, cost efficiency and the increase in the awareness of consumers. This entire situation has placed a pressure on businesses and organization for speed, agility and efficiency. The change in the behavior of customers, cut throat competition and technoglical evaluation has developed an advanced world for businesses in which the classic business strategies and structures have become orthodox. The excellence of the organization is reflected through the quality of its products and the organizations are built up on the basis of human resources. The Challenge of leadership within the organization is recognition of the capability to learn and adapt to the change that gives a competitive edge to the company. In this economy of cut throat competition, the organizations are required to learn persistently from their surroundings and modify their actions, accordingly. Only then they will be able to retain their distinctive position among many others. To achieve and then to sustain the excellent performance, the organization must enhance the learning capacity of their human resources and should transform over the time. This is what makes them different from other similar organizations.
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