Organizational Learning and Resilience: A Case of Family Businesses in Rivers State
Keywords:Organizational Learning, Knowledge Sharing, Shared Vision, Resilience of Family Owned Businesses
This study ascertained the relationship between organizational learning and resilience of family owned businesses in Rivers State. A sample size of one hundred and eleven (111) was determined using the Taro Yamene from a population size of one hundred and fifty-four (154). Out of the one hundred and eleven (111) questionnaires that were distributed, eighty-one (81) were retrieved and used for the study. The Pearson Moment Correlation Coefficient (Rho) was used to test the hypotheses with the aid of an SPSS statistical package. Findings from the study revealed that there is a significant relationship between organizational learning and resilience of family owned businesses in Rivers State.Based on the findings generated from this study, the following recommendations were made: (i) owners and managers should create a forum or training section were knowledge of the business can be shared amongst other entrepreneurs. This will help them build their knowledge on the business and further help them stand firm in unpredictable circumstances; (ii) it is important for family businesses to employ techniques that will help members to determine their core values, core purposes and envision the desired future of the business.
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