Sunday, August 22, 2021

IMPORTANCE OF KNOWLEDGE WORKERS IN HRM PRESPECTIVE

 


Figure 1 Peter Drucker Quote (Source: https://www.quotemaster.org/knowledge+workers)

The term “knowledge worker” was first found in the book called “The Landmarks of Tomorrow” (1959) by Peter Drucker, also defined the knowledge workers as high-level workers who apply theoretical and analytical knowledge, acquired through formal training, to develop products and services. He noted that knowledge workers would be the most valuable assets of a 21st-century organization because of their high level of productivity and creativity.

This category includes professionals such as programmers, web designers, system analysts, technical writers, and researchers. Knowledge workers are also comprised of pharmacists, public accountants, engineers, architects, lawyers, physicians, scientists, financial analysts, and design thinkers.

Knowledge workers also pre-defined as ‘White-Collar-Workers’ by Upton Sinclair (1950) to who performed administrative and clerical roles and those who performed manual tasks in the workplace were named as blue-collar workers.

Most people worked in traditional types of knowledge-based work such as teachers, ministers, and writers. As industrialization progressed, new types of workers used the information to make a living. Investors, managers, and consultants were among the employees.

The knowledgeable staff is factual and can read and write. They use the information to solve problems. In addition, good communication skills enable them to work closely with other employees in decision-making, goal setting, and negotiation. The team should be enthusiastic and motivated to find a new information and apply it in their work ( CFI Education Inc, 2016)

Why are Knowledge Workers Important to the organization?

According to Cohen (2011), Knowledge staff is very efficient and contributes to market growth over the past millennium. knowledgeable work is gaining momentum in a developing economy, and organizations will need to find ways to increase productivity. Roots that increase the productivity of their experienced staff will have the opportunity to compete.

Donations from experienced staff will help expand the organization's knowledge assets. It will be difficult to quantify, but it will increase the overall value of the company's strategic capital. They form working groups, communicate systematically, build, share, and store information, coordinate time and strategic objectives, and discuss the next steps to move the organization forward to achieve in their ultimate goal.

HR Involvement

Knowledge staff is a unique resource that requires and is appropriate for time management and care. Traditional motivational ideas do not advance with working facts or the interests of knowledgeable workers (Maccoby, 1988).

The organization’s HR policies and procedures are required to establish a new type of incentive/remuneration plan to motivate and retain the knowledge workers. The organization and HR Department should carefully evaluate and plan when creating and implementing an appropriate reward system for them.

Since knowledge works are assets in organizations because they have different skills and knowledge compared to manual workers (blue-collar) who perform repetitive tasks. Because information workers have to produce results that are different from those of ordinary workers, they must be treated and measured differently. Keep an open mind and be aware of the various needs and motives of experienced staff. This will make it much easier for them to come up with new and effective ways to grow their product.

Conclusion

Knowledge workers are very efficient and contribute to market growth and are typically in charge of exploring and developing new ideas rather than implementing and managing existing processes. New products, new designs, and new business models are typical outcomes of knowledge work. Therefore, organizations should adopt an effective plan to motivate and retain them in the long run.

References

CFI Education Inc, 2016. Corporate Finance Institute. [Online]
Available at: https://corporatefinanceinstitute.com/resources/knowledge/other/knowledge-workers/
[Accessed August 2021].

Cohen, J., 2011. Financial Times. [Online]
Available at: https://www.ft.com/content/5731c4e0-edcf-11e0-acc7-00144feab49a
[Accessed August 2021].

 Maccoby, M. (1988) Why Work: Motivating the New Generation. New York: Simon and Schuster

 

12 comments:

  1. Good article Amjad . Yes knowledge employees are very valuable asset to any organization. And also there is a concept call “war for talent “ which defines the competition HR faces with limited knowledgeable employees and many vacant positions. There is a huge demand for knowledge employees in the job market. So retaining them is also very challenging to Organisation

    ReplyDelete
  2. Nicely Written Amjad, a knowledge worker is an employee whose prime involvement to the workplace is knowledge of a precise subject. Some examples of knowledge workers contain physicians, academics, engineers and architects. Knowledge workers may be said to reason for a living, rather than performing manual or interpersonal tasks. While most jobs need some degree of knowledge work, employees nominated as knowledge workers are usually distinguished by their capability to solve problems and develop new resources in their explicit field of expertise.

    ReplyDelete
  3. It may be their ideas, experiences, interpretations, and judgments that propel your company, economy, and society ahead. They create new goods, devise new tactics, lead negotiations, and help you stay ahead of your competition.

    ReplyDelete
  4. Knowledge workers help business development from their own way of thinking, researching and analysing information (Drucker, 1959). Organizations must adapt proper strategies to facilitate the innovative ideas of knowledge workers since they help to outperform in the competitive environment.

    ReplyDelete
  5. Knowledge workers play an important role in driving success in any organization. Their specific skills and knowledge are extremely valuable as knowledge workers are often the ones driving innovation in the workplace. Employers need to have a well-set strategy around how to enable their knowledge workers to succeed and get the most out of their knowledge.

    ReplyDelete
  6. Knowledge workers are are important and organization must understand the importance of them. These people are using their extra ordinary knowledge to solve complex problems by developing new theories and concepts. As you mentioned Amjad, these people will be more valuable asset because of their creativity and productivity.

    ReplyDelete
  7. A well-written article on advantages of the knowledgeable workforce.  Every company loves to have a knowledgeable employee on their team, as they can significantly increase organizational productivity. I believe that a combination of knowledge and an efficient workforce can accomplish great things. Thanks for sharing, and you have well defined how important it is in today's context, particularly in light of the pandemic.

    ReplyDelete
  8. Great article.I should say Knowledge workers are often the core of the organization.It can be their ideas, experiences, interpretations, and judgments that keep your business. Rather than performing tasks of a physical nature for a living, knowledge workers think to solve problems that are complex, develop new services or products, or produce findings from research in a specific format. A major benefit of HR knowledge management is allowing employees to find and access the information they need without the assistance of HR.

    ReplyDelete
  9. It is so appreciated !A major benefit of HR knowledge management is allowing employees to find and access the information they need without the assistance of HR. ... This is important from a practical business perspective in that not every employee should be able to see all of a company's available HR documents, policies, and agreements.

    ReplyDelete
  10. Organizations need to have knowledgeable workers with them if they want to sustain themselves in the market. The knowledge people are bridging theory to practice also helps to grow and to take your organizations to the next levels. Thanks for sharing. According to Cohen (2011), in the last century, knowledge workers became more productive and helped the market grow" nowadays companies seeking multi-talented persons for their jobs.
    A important article Amjad

    ReplyDelete
  11. This comment has been removed by the author.

    ReplyDelete
  12. Knowledged workforce is the core of an organization which drives the business, the economy and society moving forward. When an organization builds an infrastructure that has the capacity to bring in new knowledge workers and provide them with the tools they need while implement proper knowledge strategy this will lead to a productive and an efficient workforce and keep ahead of the competitors. Worth to read.

    ReplyDelete

HR in the Post Pandemic World

 Figure 1 (Source: https://www.peoplemattersglobal.com/article/hr-technology/hr-management-in-a-post-pandemic-world-how-processes-and-techno...