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Knowledge Society leads to Knowledge Economy

  Knowledge Society leads to Knowledge Economy Due to rapid #advancements in various #technologies, #globalization and efficient #communication #networks during 21st century, the concept of  # knowledge  #Society has picked up fresh momentum. Knowledge Society (KS) lays more emphasis on the #quality #education, applied #research, #innovations and maximum use of #ICT ( Information, Communication and Technology). KS relies on producing, #acquiring, #processing, and #distributing knowledge/information as primary resource for #economic growth. KS uses knowledge of its workforce (#Intellectual # Capital) as an engine for growth.  This is a significant departure from traditional concept of economic growth based mainly on #natural resources,# physical material, and labor-intensive industries. In KS, both Information and Knowledge are considered #critical resources, where knowledge workforce and organizations work cohesively to #acquire, #create, #maintain and #share know...

Knowledge is Master Key for Success

Knowledge   is Master Key for Success “An investment in knowledge pays the best interest “   --. Benjamin Franklin Knowledge, Adaptability to newer Technologies, Learning new Skills, Innovation, and Integration ensure Stability and Success In today’s era of fast-evolving #technologies, #knowledge is the master #key to #success. You need to acquire multiple #skills and adapt newer technologies to stay in demand and achieve success, in your chosen career. Remember that k nowledge cannot be stolen, and rather it grows many folds when shared with others. Even if others copy your idea, you are still ahead of them as a leader, since they are just followers. Good knowledge includes job-related subjects (#domain), #customers, #suppliers/vendors, #business #partners, #rules and #regulations of the government, regulating authorities as well as those of the organization in which you are serving. One needs to look for #emerging #technologies and best business practices. Good kno...