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Knowledge worker. Knowledge workers are workers whose main capital is knowledge. Examples include ICT professionals, physicians, pharmacists, architects, engineers, scientists, design thinkers, public accountants, lawyers, editors, and academics, whose job is to "think for a living". [1]
Peter Drucker discussed the knowledge economy in the book-The Effective Executive 1966, where he described the difference between the manual workers and the knowledge workers. The manual worker is the one who works with their own hands and produces goods and services.
Peter Ferdinand Drucker ( / ˈdrʌkər /; German: [ˈdʀʊkɐ]; November 19, 1909 – November 11, 2005) was an Austrian American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of modern management theory. He was also a leader in the development of management education, and ...
Knowledge is a commodity to be traded for economic prosperity. In a knowledge society, individuals, communities, and organizations produce knowledge-intensive work. Peter Drucker viewed knowledge as a key economic resource and coined the term knowledge worker in 1969.
In the 1970s Peter Drucker (1974) may have been the first to describe knowledge workers and knowledge work. Knowledge is created and used by people. Strassman (1985) described the transformation of work in the electronic age from the standpoint of education and training for managers and employees, human aspects of the working environment, and ...
The media industry is an example of the information economy. Information economy is an economy with an increased emphasis on informational activities and information industry, where information is valued as a capital good. [1] The term was coined by Marc Porat, a graduate student at Stanford University, who would later co-found General Magic.
The Landmarks of Tomorrow is a book by Peter Drucker which appeared in 1959. It describes a change in society which took place between 1937 and 1957, whereby the precepts of the Cartesian worldview no longer hold sway. Cause is no longer the central concept in understanding the world, but rather pattern, purpose and process. [1]
Peter Drucker saw Frederick Taylor as the creator of knowledge management, because the aim of scientific management was to produce knowledge about how to improve work processes. Although the typical application of scientific management was manufacturing, Taylor himself advocated scientific management for all sorts of work, including the ...