An employee’s knowledge of his or her work consists of various levels of responsibilities. For employees in a special field of work, the knowledge may include tasks involving data analysis, product or service design, production planning, organizing work, and legal or technical advice. Knowledge of work is also a function that covers unique activities such [...]
The Impact of Knowledgeable Workers in Today’s Knowledge-Based Economy
Today’s workforce is ideally composed of individuals who are valued for their ability to act and communicate with knowledge within their area of expertise. The most sought-after employees are those who can always advance an overall understanding of the business philosophy through focused analysis, superior performance, new product development or coming up with inventions or [...]
Knowledge Workers: The Key to Organizational Efficiency and Productivity
Productivity requires that employees’ knowledge be seen and treated as an ‘asset’ rather than as a ‘cost’. It necessitates that knowledge workers want to work for the organization in preference to all other opportunities like overseas employment and other placements. Knowledge worker productivity is not only a matter of the quantity of outputs but also [...]
The Value of Knowledge Management
Many large companies today – both profit and non-profit organizations – have resources dedicated to internal knowledge management efforts. It is often initiated as a part of the business strategy, information technology, or human resource management departments. A company’s knowledge management direction comprises of a range of strategies and practices used to identify, create, represent, distribute, [...]