Michael Hanley :: Blog :: Characteristics of the Knowledge Ec...
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Saved by 1 people (0 private), first by anonymouse user on 2008-11-29
- Bertrandduperrin on 2008-11-29 - Tags knowledgeeconomy , IT , organization , skills , tasks , knowledge , intangibleassets , competences
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The IT revolution has intensified the move towards knowledge convergence, and increased the share the knowledge stock of advanced economies
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Flexible organizations reduce waste and increase the productivity of both labor and capital by integrating worker cognition and action at all levels of their operations.
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Flexible organizations also avoid excessive specialization and compartmentalization by defining multi-task job responsibilities (which calls for multi-skilled workers) and by using teamwork and job rotation.
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The knowledge economy increasingly relies on the creation, distribution and use of knowledge assets. The success of enterprises will become more reliant upon their effectiveness in creation, harvesting, absorption and utilization of knowledge.
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