FORMAL AND INFORMAL LEARNING IN THE KNOWLEDGE BASED ORGANISATION

Today's world is bringing increasingly complex challenges, exponential growth of information boosted by the new technologies and acceleration and unpredictability of the pace of change, new generations of employees have different ways of learning and working. Most of private and public organizations, face the challenge of zero growth of human resources and the multiplication of different types of organizations dispersed all over Europe and the world. Moreover, they face budget cuts or frozen budgets due to the global financial crisis, meeting these new challenges becomes increasingly difficult, particularly as proper training for effective management is often cut from the budget. This paper is a comprehensive presentation of the three types of learning in the knowledge based society, with a deep look on the informal learning analysis.