Organizational learning requires individual learning. Individual learning has to interact in a dynamic social environment in order to contribute to organizational learning. Work-based learning as a new concept and understanding of learning at work place and knowledge management conceptualized as a spiral of knowledge creation by enabling the dynamic knowledge conversion process between the individual and the organization, and between the tacit and explicit knowledge deliver the grounds for organizational learning. The objective of this paper is to give an overview of both concepts related to organizational learning and to show their complementary in an integrated concept of a continuously learning organization which is finally illustrated with the case "Swiss Re Group", a global acting Insurance Company in Switzerland.