Academic Paper from the year 2022 in the subject Leadership and Human Resource - War for Talents, grade: 1.00, , course: Emerging Issues in HRM, language: English, abstract: If we want to make an attempt to apply the learning principle to the organizations existing in 21st century, then we will have to accept the fact that organization should be treated as a living entity who struggle and strive to survive in changing environment. This organizational ability to learn quickly through its own experience is treated as a key to gain competitive advantage over others. Gaining competitive advantage through learning will become easy when the organization is aware of its own learning capabilities and the mistakes, if any; committed by it in the past and the clear-cut goals set for the future. Unless and until the organization is capable of identifying the gap with the realizations of mistakes that hinders it from achieving the desired future goal; it won't be able to get success in future.