The Knowledge Economy

Knowledge Work in the Knowledge Economy

 

The Knowledge Economy is the environment within which we live and work today. It impacts all work, both within organizations and the emerging workforce. The Knowledge Economy relies on workers’ expertise (individual knowledge) and the informed integration of this knowledge to move an organization in a positive direction.

Knowledge work has two distinct attributes that define its orientation and operation. Knowledge workers are autonomous in their work and they are asset-thinkers, meaning that all work is focused on a result, which will create value for an organization. Within these two attributes, knowledge workers also must recognize the difference between quality and quantity, use project structures, and continuously evaluate for learning and innovation.