Personal Narrative Essay On Dates - 1416 Words

The clock of fifth period ticks by at an agonizingly slow rate, and I cant help but tap my nails across my desk in anticipation. It begins to feel like time is frozen forever, when finally, the bell sounds. I breathe a sigh of relief and bolt out of the classroom to my bus. â€Å"Pentatonix tour dates are out by now†¦ what if they dont have a show here?† I worry. I hear the thumping of my heart, and my breath is caught in my throat, until finally, I see the tour page; Pentatonix is coming to Columbus, Ohio. Employing all of my strength, I suppress the giddy screech attempting to escape me. Grinning to myself I think, â€Å"I get to see them live! They’ll be right there!† Unfortunately, that optimistically sweet train of thought made an abrupt stop†¦show more content†¦Despite how unsure I am of how things will pan out, I still smile in a sigh of relief- she didn’t say no. My mother soon arrives home, lays down her bags, and enters my room. â€Å"So, this concert is in Columbus?† she asks restrained. â€Å"Yeah, it’s in Columbus.† I reply hesitantly. She turns on her heel and heads to her room giving me an overwhelming amount of sass. I crash onto my bed groaning at how challenging this is going to be. The next day I brought the concert up again to my mom, but this time I approached it with puppy dog eyes and kind gestures. Prior to asking her, I made sure to do all the laundry in my house as well as clean up the downstairs and my room. I catch her after she’s finished exercising and test the waters with my acting skills. â€Å"Hey mom†¦Ã¢â‚¬  I utter carefully â€Å"Yes†¦?† she mocks â€Å"I don’t know if you and dad have talked yet†¦ but I would really love if I could go to the concert. It would mean so much to me, and it may never happen again† I confess She sighs, looking down and then back up, seeing my pitiful gaze and pouty lips and reluctantly answers, â€Å"Okay Hailey, I will try to work something out, but I will need to get your dad on board with this.† My cheeks stretch a mile wide, and I begin to tear up, as I lean in to squeeze my mother in thanks. â€Å"Half the battle is won† I think to myself, a sly smirk playing on my lips. When it comes to my dad I know that I have to have as much information prepared as I can if I plan on getting a yes outShow MoreRelatedGender, Race, Social Class And Relationship Essay1663 Words   |  7 PagesGender, Race, Social Class and Relationship â€Å"How to Date a Browngirl, Blackgirl, Whitegirl, or Halfie† is in the first story collection of Junot Diaz that was published in 1996. Junot Diaz was born in Dominican Republic, he moved to the United States at the age of seven. 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The majority of the information that we have today, describing the earthly ministry of Jesus Christ, is contained in the fourRead MorePersonal Narrative Essay Models 3252 Words   |  14 PagesPersonal Narrative Essay Models Some may not be of high literary quality, but they do show personal transformation and reflection. Others may contain inappropriate subject matter for some communities. However, they can be very useful in encouraging students to write. By choosing a suitable model, demonstrating annotation and applying the steps of the writing process, teachers can help young adults to compose effective personal narrative essays. Begin by allowing the students to review narrative

The role of the IMF in helping poor and debt-troubled countries - 1

Essays on The role of the IMF in helping poor and debt-troubled countries Essay IMF: Buira (22) de that IMF has played a significant role in helping providing financial assistance to poor countries, that experience higher levels of debts, and which face financial and economic instabilities. However, the aid under consideration comes with fresh and extended loans that the country borrowing the money has to meet certain stringent conditions, and pay back the loan. This paper analyzes the role of the IMF in providing financial assistance to poor countries, and why IMF does so. This paper further analyzes the conditions that a country has to meet, for purposes of being eligible for a loan, and the ethical foundations of IMF that it uses to help debt ridden countries. This paper further analyzes whether these loans are helpful to the development of poor countries, and whether there are any undisclosed policies relating to the activities of IMF. This paper has a conclusion, which is a summary of the major points indentified in it. One of the major reasons as to why th e IMF helps poor and debt ridden countries is to help in promoting monetary cooperation amongst the countries operating in the world. In providing assistance to debt ridden countries, IMF aims at establishing a multi-lateral trade system, in the world. IMF hopes that through its funds, it will manage to remove all controls and restrictions on foreign exchange that is imposed by the country under consideration. Furthermore, IMF hopes to provide short term financial assistance to these countries, for purposes of helping them to fight poverty, increase employment, and promote a balanced growth of international trade. The conditions established for being eligible for these loans is referred to as structural adjustment policies. Under these policies, the IMF required countries seeking for loans to liberalize their economies, for purposes of promoting free trade. It is important to understand that the structural adjustment policies began in the 1980s, at this time; most of the third world countries did not have a liberal economy ((Truman, 19). Most of their economies were characterized by a heavy regulation of the government, in almost all the sectors of their economy. The argument by IMF is that a liberal economy would attract foreign investments, and this is useful for the developing countries (Fratianni, 46). This is because foreign investors would provide revenue for the country in terms of taxes, as well as they would reduce levels of unemployment in the country. On this basis, these nations would have sources of revenue that would help them in financing their budgets. Another condition attached to these policies was democratization of the countries under consideration. IMF insisted on democracy, and this is because chances are high that a democratic institution would manage to have institutions that promote good governance. For instance, a democratic institution would have a free and independent judiciary, as well as legislature, which have the capability of providing checks and balances to the activities of the executive (Fratianni, 41). On this basis, chances are high that corruption will be minimized, and money that they lend to the poor countries would be correctly used. Another condition that these states had to meet was the privatization of state owned enterprises. The aim of this requirement was to increase efficiency in the provision of the services that were provided by the state. This was based on the argument that when these services are provided by the private sector, there will be innovation which is an aspect that is useful in increasing the quality of the service as well as the efficiency in the provision of the service under consideration. Another argument is that through privatization, states will have a decreased spending, and hence they will have the capability of using their money in meeting their budget deficits (Truman, 29). Other condition was the enactment of austerity policies. These policies required governments to reduce their spending, and this included in areas such as employment, education, and other social programs. These programs were aimed at helping the borrowing country to achieve a balanced budget. It is important to understand that IMF also has some ethical considerations in using debts, for purposes of helping poor countries that are heavily in-debted (Fratianni, 27). IMF believes that by issuing debts to these countries, they may use the money under consideration for development purposes, which as a result will spur the growth of these countries, enabling them to fight poverty, and improve the welfare of their people. IMF believes that through debts, the institution would be able to recover their money; as a result, the institution would have money to lend to other needy and poor countries. However, it is important to denote that the loans provided by IMF are not useful to debt ridden countries (Truman, 33). This is because of the negative effects associated with the structural adjustments policies. These policies ensure that debt ridden countries are able to cut spending on some crucial areas of the economy, which includes education, health, employment, and even agriculture. This as a result increases poverty, and not development as envisioned by the IMF (Buira, 31). The enactment of structural adjustment policies also allow the entry of multi-national corporations, which are accused of exploiting workers, as well as destroying the environment. Furthermore, these loans advanced only promote the interests of the wealthy states, which provide the major bulk of the loan. These states are France, US A, Britain, Japan, and Germany. IMF further promotes the development of an export-import economy, by insisting that third world countries should give tax breaks, as an incentive to international trade. This is detrimental to the economies of these nations, mainly because they won’t be able to collect enough revenue to facilitate their budget deficits. This therefore leads scholars to believe that IMF and its policy formulators normally have undisclosed agenda regarding the enactment of certain policies. This is also based on the fact that IMF is a very secretive organization, and this is because it only works with a group of selected bankers and finance secretaries who initiate policies without an input from other departments such agriculture, health, etc. IMF has also constantly refused calls to make it accountable for its actions and policies. In conclusion, IMF is an institution that does not serve the interests of developing countries, and poor countries. This is because the institution has been unable to make poor countries, despite advancing them loans. The main reason for this failure is the stringent conditions set up by IMF to the developing countries, which on most occasions are not beneficial to their economies. The austerity policies, privatization, and liberalization of their economies are some of the policies that have made developing countries to be unable to achieve development. Works Cited: Buira, Ariel. Challenges to the World Bank and IMF developing country perspectives. London: Anthem Press, 2003. Print. Buira, Ariel. Reforming the governance of the IMF and the World Bank. Chicago: Anthem Press, 2005. Print. Fratianni, Michele. Sustaining global growth and development G7 and IMF governance. Aldershot, Hants, England: Ashgate, 2003. Print. Truman, Edwin M.. Reforming the IMF for the 21st century. Washington, DC: Institute for International Economics, 2006. Print.

Accounting Software System of Motherboard and More Pty Limited

Question: Discuss about the Systems Documentation and Internal Controls. Answer: Introduction The attacks over the internet has been increasing the in the modern world. This has created a major problem or the business organization in the market. This report deals with Ransom ware attack have caused huge damage to organization. This report depicts accounting software system of Motherboard and More Pty Ltd. There are various challenges faced by the company in market. Some recommendations are provided in report for mitigating with the challenges. Revenue Cycle The revenue system of the company has been essential part. The Motherboard and More Pty Ltd. Company reduces motherboards, graphics cards and microchips in the market. The transportation and delivery of the products are done by the company. The headquarter of company is situated in middle of city and its branches is situated in outskirts of the city. The interface of websites of company has been friendly to users. This has helped in maintaining the customer interaction with the website (Dickinson, 2017). The user and customer have to place an order regarding their needs and requirements over the website. After that, the order is transferred to the warehouse of the company for further evaluation. The packaging of the products us done in the warehouse of the company. The products are transported to the destination after the packaging. The workers in the company delivers the product to the respective customer. The huge amount of orders in the company makes difficult for the workers to keep the track of the products in warehouse. Therefore, this has created an issue in the management of the products in warehouse (Gupta Tripathi, 2017). The inventory system of company is well established to handle these issues. The delivery of the products to the respective customers have satisfied the customer in the market. The satisfaction level of the customers has been high in respect to the company in the market. Identification of threats The threats and risks in the company has been identified by the research department of the company. Following are the risks in company: Internal Control Weaknesses There is no counting for inventory items. Effect of the Weaknesses The products record is not kept correct that have caused loss in the products. Control methods The data and information of products have to be stored and the database or inventory bf the company that helps in maintaining record of products in warehouse. There is a requirement of a close camera I the warehouse that helps in monitoring the warehouse properly. Ransom ware Attack The ransom ware attacks was initiated in the May 2017 causing damage to many companies all over the world. Many data and files were hacked and a ransom was asked for recovering them (Collier, 2017). The hackers used to misuse the data and information of the company and asked for certain amount of ransom to stop misuse of files and information. The underlying ransom was asked US$300. This sum was increased after few hours. The attacks spread from one system to another system with the help of viruses and malwares over the internet (Mohurle Patil, 2017). The security gaps in the protocol of the networks of the companies have helped in the attacks. After the attack, Microsoft declared that they are preparing fundamental patches that helps in mitigating with the viruses. The users used to update the windows frequently that causes obsolete for the other windows version. Most of the users were updating their windows version in order to be safe from the ransom ware attack (Martin, Kinross Hankin, 2017). There are has been many attacks in the hospitals of England. According to a survey, there were $57,000 ransom were collected from 99 countries all over the world. Solutions The severity of the ransom ware attacks has given rise to various solutions to the challenges faced by the business organizations. The best way to remain safe from the ransom ware attack is by installing an antivirus of ransom ware virus (Chinthapalli, 2017). This antivirus helps in preventing the system and network from the ransom ware attack in the business organization. This antivirus helps in locating the information about the place of the attacker. Therefore, the user can back up the data and information on other external devices. Backing up data helps in recovering the lost data and information due to cyber-attacks (Collier, 2017). They used to email various malwares and viruses that causes data breach form the email account if the user. Therefore, blockage of such emails is necessary for remaining safe from the ransom ware attacks. Recommendations It can be recommended that the Motherboard and More Pty Ltd. have to focus on keeping the record of the products in the warehouse. This helps in minimizing the loss of products in the company. A proper database management is required in the company that hekpsn in maintaining the details of the products in the warehouse. The company have to use RFID that helps in digitalizing the product in the warehouse. With the use of the RFID, the workers can keep close look in the products and monitors its location in the warehouse. Thus might help in minimizing the risk of the loss of products in warehouse. Conclusion In conclusion, it is said that the cyber-attacks over organization have caused critical loss to the companies in the market. The loss of financial data and assets have damaged confidentiality of companies in the market. The case study of Motherboard and More Pty Ltd. have focused on challenges faced by company in managing products in warehouse. There are recommendations provided for resolving issues in company. References Chinthapalli, K. (2017). The hackers holding hospitals to ransom.BMJ,357, j2214. Collier, R. (2017). NHS ransomware attack spreads worldwide. Dickinson, D. (2017). Cybersecurity: Going Beyond Protection to Boost Resiliency. Gupta, G., Tripathi, K. (2017). STUDY ON RANSOMWARE ATTACK AND ITS PREVENTION.International Education and Research Journal,3(5). Martin, G., Kinross, J., Hankin, C. (2017). Effective cybersecurity is fundamental to patient safety. Mohurle, S., Patil, M. (2017). A brief study of Wannacry Threat: Ransomware Attack 2017.International Journal,8(5). Sittig, D. F., Singh, H. (2016). A socio-technical approach to preventing, mitigating, and recovering from ransomware attacks.Applied clinical informatics,7(2), 624.

The Nature of Organizational Learning in the Indian Firms

Abstract The main focus of this study is to examine organizational learning and knowledge among Indian companies. The study also pays special attention on the influence of the local culture, customs, traditions and business practices on the organizational learning and knowledge among Indian firms.Advertising We will write a custom report sample on The Nature of Organizational Learning in the Indian Firms specifically for you for only $16.05 $11/page Learn More The study relied mainly on the secondary data and personal experience in collecting and analyzing information relating to organizational learning practices in India and how they are affected by culture and customs. This paper does not investigate the probability of an organizational performance impacting on the learning capacity, which may be possible, and the researcher acknowledges this as a limitation of the study. Future studies carried out on the same subject may explore this further. Introduc tion Indian economy in the in the recent years have seen considerably transformation in its business environment. Since independence, the Indian economy was state controlled until the World Bank and IMF intervened in 1990 that it became a free market economy. A number of reforms have been witnessed in all sectors of its economy including liberalization of its foreign market (Leitch et al. 1996). This study is based on the work of the earlier scholars who explored the nature of organizational learning in the Indian firms, their main features and the challenges these organizations were facing following liberalization of the Indian economy (Budhwar 2003). In the early 90’s, Indian organizations were very closed to competition and were operating in a secure and steady business environment and therefore any learning that was taking place within these organizations was at a singlet loop learning. However, with the liberalization of the Indian economy many organizations started expe riencing myriad challenges of globalization, portfolio management, advancement in technology, introduction of novel systems and professionalism, thus the need to transform into doubled loop learning (Budhwar 2003).Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Liberalized Indian economy and the stiff global competition have put a lot of pressure on the Indian firms, thus are making a lot of effort to improve and develop their staff to counter these challenges (Budhwar 2003). Expatriates in India are known to be very knowledgeable and skillful. The Indian Human Resources departments are also in relentless pressure to establish wide scale professional transformation in line with the new technology and the global market. Therefore, drawing of the organization learning of the Indian leadership from the strategic Human Resources perspective is very important in this study (Jakubik 2008). Lite rature Review Cases where organization learning can be a disaster Organization learning can either be beneficial or disastrous to a business entity. Organizations can learn wrong ideas for instance manufacturing products with low demand in the market or making false conclusions. Thus, learning process does not always have t o be beneficial in all cases and scholars should move away from the conception of organization learning as an effective and efficient instrument in achieving organizational productivity (Nidumolu et al. 2001). Counterproductive performance implications of organization learning are also very common. Superstitious form of organization learning takes place when organizations translates certain events as results/outcome of learning process when the reality is that there is no link whatsoever between learning and the results (Hong 2008). In a usual circumstance there several factors that can mutually influence the outcome in an organization. At times people rely on th e historical events that led to success to bring success in the present and in the future. This at many times can cause catastrophe especially in the case where business environment changes so fast. There is also case of competency trap when organizations opt for a substandard technology based on experimental results and keep on using it even when there is superior alternative (Gourlay 2006).Advertising We will write a custom report sample on The Nature of Organizational Learning in the Indian Firms specifically for you for only $16.05 $11/page Learn More Ð ¡onception of organization knowledge To be noted is that in Indian organization, Knowledge is shaped through well connected, constant interaction of two categories of knowledge and that is explicit knowledge and tacit knowledge. Explicit knowledge is the type of knowledge that can be expressed in languages and is objective, while tacit knowledge is the type which is extremely personal and is very di fficult to express and convey (Teece 2007). Examples of tacit knowledge include technical skills represented in day-to-day knowledge of crafts persons and personal skills that characterize individual approach and beliefs. Examples of explicit knowledge are scientific formulas and specifications of product (Enriches Lim 2005). There are four styles of knowledge creation in these organization namely; externalization, internalization, socialization and combination of knowledge. According to Hong (2008), â€Å"externalization is the transformation of tacit knowledge into explicit knowledge while internalization is the conversion of explicit knowledge into a tacit knowledge†. Socialization involves conversion of an individual tacit knowledge into another person’s tacit knowledge, while a combination entails conversion of one’s explicit knowledge into another person’s explicit knowledge (Hong 2008). The transformational process in an organization can well be u nderstood through these knowledge creation processes. Traditional information processing models are giving way to the new models of knowledge creation in organizations. The succession of the four methods of knowledge creation has resulted in an upward spiral of knowledge in some of the Indian organizations and fastens additional knowledge creation at higher level (Jakubik 2008). Indian manufacturing superiority is attributed to their experience-geared, practical methodology of knowledge and this is a big contrast of the language –geared methods used in European nations and US. Experience is analogue type and entails processing of knowledge of vibrant nature; while language geared methodology is static, digital type of knowledge that exhibits a state of affair of a particular object at a specific point in time (Jakubik 2008). The relationship between these two types of knowledge is jointly compensative. Since analogue type of knowledge is mostly tacit and is engrave in an indi vidual thus hard to be expressed and communicated to others. In the social context of the lower labor mobility in India, the development and progression of personal expertise is very important for the buildup of production technology. Most companies in India have become successful by converting analogue, tacit knowledge into digital, explicit knowledge common in most advanced production facilities (Hong 2008).Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Learning process Organizational learning in all organizations entails four unified processes and these are discovery, intervention, creation and generalization. Learning process starts with the discovery of gaps between the real and the expected outcomes (Gourlay 2006). Intervention includes identifying the cause of the error and finding the necessary solution to the problem. Production entails implementation of the solutions and generalization entails drawing of appropriate conclusion and using the results in future or the same problem. Learning process assist employees of an organization to use the knowledge they have acquired to transform and enhance the organization. Models of learning in organizations emphasizes on leadership and administration, culture and communication mechanisms. In organizational learning top leadership provides support to the group learning and individual persons (Monika Toyama 2007). Learning in networks Learning networks are mechanisms through which lear ning can be facilitated within an organization. These mechanisms can be specifically valuable in building up formal and informal networks in the organization. Intra organization networks are significant since they improve the chances of securing an individual knowledge and diffusing it across the organization. Informality permits knowledge about complex issues and solutions to be passed extensively in the organization as well as playing an important part in spreading tacit knowledge (Tregaskies 2003). One of the most significant elements of networking in an organization is the organizational structure. Organization structure refers to the well-established model of relationships among different constituents or components within an organization. Organization structure is further split into formal and informal structure. Formal structures are well planed and enable an organization to meet its objective effectively and efficiently. It is through formal structure that decision-making pro cess takes place following the organization’s hierarchy. Informal structure on the other hand confines all relationship patterns that are not openly designed. This structure materializes as a result of complex interaction among employees of an organization. Informal interpersonal networks play a very important role in the learning process in organizations (Pritchard 2000). It also enhances formal structures by offering support to the top leadership, ensuring stable business environment, and acts as effective communication channel. However, the informal networks can also result to the generation of erroneous information or opposition to the transformation desired by the management (Tregaskies et al. 2005). Multinational networks One of the traditional methods used by multinational companies in India to pass knowledge across its branches internationally was through deployment of its staff or expatriates across different countries. Expatriates developed a knowledge warehouse fro m exposure to variety of situations and cultures which benefited these organizations massively. They developed a wide range of ideas and view in their assignments that was drawn by the organization to enhance their competitive advantage (Tregaskies 2003). Besides this, there are several structural mechanisms that were used by these organizations and these are international project teams or task force, steering committees, international informal networks and international boards. These structural devices provided a different learning experience to the traditional method of using expatriates. Use of the local people is specifically useful in helping local workers who are unfamiliar with the goals, technologies and managerial practices of the multinational organization. These devices are also important in developing global innovation since they take into consideration the local factors. The above devices offset the disadvantages of using expatriates (Tregaskies 2003). Whilst benefiting and conveying knowledge from internal interactions and networks can be of substantial advantage, the development of networks with the outsiders is equally important. These external networks provide the Indian organizations with access to skills and knowledge that was not available in their organization. Specifically, network creation with the research and development organs, suppliers, and even the competitors presented the organizations with new expertise and knowledge (Tregaskies et al 2005). Barriers to learning in an organization The most logical discussion of barriers to effective organizational learning was first provided by Olsen and March in 1975. Their list was further expounded by a number of authors including Harsh in 2009. Budhwar (2003) conducted a series of study to establish different barriers of organizational learning in India against the fundamental changes that were taking place. There are four major factors that create interruption in the learning process within Indian organizations and these are individual beliefs, personal actions, managerial action, and environmental response. Interruption linked to individual beliefs and action results when and individual’s role in an organization is restricted and is not able to learn. This is also known as role constrained learning. The other set of individual interruption is experienced when a person modifies their behavior but the effects of these acts on the organizational conduct and action is indistinctness. In this case, individual learning and development of skills ensues but adaptation to the organization’s environment does dot essentially takes place (Pritchard 2000). Another barrier to the learning process in Indian organizations occurs when employees of an organization makes erroneous conclusions in relation to the effects of an organizational actions to the environment. This also called superstitious learning. The other barrier is learning under ambiguity and occurs when rea sons for changes in an organizational environment are unclear or cannot be identified. This also occurs when the connection between environmental response and individual learning is broken up (Teece 2007). Another barrier to the organizational learning in India is the situational learning which refers to the situation where learning occurs but is either forgotten or not documented/ stored for future use and is a very common occurrence in crisis management. In this case learning takes place but does not transform individual mental models and thus have no long-term effect on an individual since leaning specific for a particular situation. In such cases individual benefits from the knowledge in solving immediate problem but does not sustain it to help in solving future reoccurrence of the same problem (Harsh 2009). Fragmented learning is another barrier to the learning process in Indian organizations and takes place when only an individual or a section of individuals within an organiza tion gets to learn but not the whole organization. This kind of barrier is common among the decentralized organizations that lack networking ability to reach all the departments/individuals within an organization. The most common case of this problem arises when each department has experts in a particular subject but the whole organization cannot apply these skills or knowledge (Tregaskies et al. 2005). Another type of barrier to effective learning in Indian organizations is referred to as opportunistic learning. This is in most cases is not considered as a barrier but rather a strategy to evade normal procedures of an organization to partly achieve learning. This occurs when certain clique of individuals in organization want to cut the link between the shared knowledge and organization’s action in order to grab an opportunity that cannot hang around for the entire organization to be transformed or is not desirable for the transformation of the organization (Halal 2006). Meth odology Data collection and analysis The study relied mainly on the secondary data and personal experience in analyzing organizational learning practices in India. The study pays special focus on the influence of the local culture, customs, traditions and business practices on the organizational learning and knowledge among Indian firms. Most the materials used in the study was obtained from the ministry of human resource development and ministry of labor and employment offices in Mumbai. Other materials were acquired from the government library and internet sources. Literature review provided more insight of the industry and expound on the researchers experience within Indian business sector. This chapter encompassed the in-depth discussions of significant subject, which included the limitations of the study. There is a logical presentation of study methods to offer further assistance to emerging and existing researchers. Based on a study by Saunders et al. (2007), the research con sequently progressed from philosophy of the study, approach, strategic applications, study plan, data gathering advancements and substantiation of results. The theoretical framework of this study was based on the causes, effects, and solutions of organizational learning and knowledge in India. Findings Significance of organizational learning among Indian companies Indian market is becoming g increasingly dynamic and has established itself among the world dominant business centers. This can be proven through a variety of available economic indicators. Organizations operating or about to operate in the Indian market have no other option but to embrace organizational learning and knowledge to get familiar with the Indian market and to develop custom products for different markets within the Indian economy (Jakubik 2008). The study found out that there is escalated significance attached to the human resource development (Denton1998). This is proved by the availability of the in-house tr aining and development facilities in many companies within the public sector. In support of the literature reviews, the study also established that top management tend to focus more on the new ideas for change, but disregard the element of organization process, which facilitates the flow of knowledge and information in different units within the organization. The study also showed a significant disparity between the Indian firms and their foreign counterpart in terms of the organizational learning capacity thus supporting the study carried out by Budhwar (2003). The results from the study found out that the private companies in India were swifter in responding to the organizational changes within and without. A number of scholars have shown a lot of influence of the Japanese models of management in Indian companies. From the researchers personal point of view there is a linear relationship between the company’s financial turnover and the organizational learning capacity. This result is partially supported by the study of Dierkes et al. (2001), who suggested a positive correlation between organizational learning practices and the financial performance of the companies. Influence of culture and customs on the learning process From the study, we found out that most Indian companies have effective and durable learning in a centralized and hierarchical organizational structure in addition to the decentralized structure. Organizational culture, structure and leadership forms the most significant drivers of learning and knowledge in Indian organizations. For that reason, any attempt to alter organization structure without adjusting organizational culture plus the leadership style, in most cases result to lack of improvement or acts as obstacle to organizational learning (Dierkes et al. 2001) Among Indian companies, organization culture acts as a sieve for recognizing and comprehending information within these companies. The mental model engraved in these cultu res affects the way employees of these companies perceive transformation in the social, political and technological surrounding that necessitates organization to learn (Jakubik 2008). The mental model in organizational culture dictates value of knowledge and creates the team or individual who is significant holder of knowledge and authentic agent of the learning process. Organizational culture among the Indian companies is often subdivided or distinct between different departments or profession, therefore learning becomes hard to be evenly enforced within a company (Dierkes et al., 2001). The custom in these culture especially those that deals with challenges within an organization also affects the organizational course to learning. For instance, companies that put a lot of limitation or based on dictatorial leadership which punishes employees who deviated from the customs of the organization have found it more difficult to convince their workers to learning process (Dierkes et al., 2001). Conclusion The findings of the study reflect the significance of organization learning and knowledge and its improvement in Indian managers. This study provides authenticity to measuring of the organizational learning capacity in Indian companies. The response from the managers is based on type of ownership and the type of industry with ICT sector and the Multinational companies leading. These two sectors exhibits excellent development and capabilities, however their manager’s feels environmental assessment and conservation should be given a priority. The ICT sector is presently focusing on the level of growth and the advancement of information communication technology, which is the basis for the organizational learning capacity. The public sector and the manufacturing sector in India exhibits an average score when it comes to organizational learning capacity. All the same, the performance of organizations in India and the rest of the world are significantly influence d by the organizational learning capacity. The study finds massive implications for the organizational learning capacity of managers in Indian companies, cased in the context of learning economy following the reforms. 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