IPMA Asia Pacific
Regional Office

 259 Tampines Central
Singapore 915209

 Tel : (65) 6789-0977  

 Fax : (65) 6789-0911
 email : ipma@bawany.com.sg

 

 

 

 

SECURING YOUR FUTURE IN THE
NEW KNOWLEDGE DRIVEN LEARNING ECONOMY

What’s so new about the new knowledge-based economy?

The new economy is the innumerable inexpensive opportunities available to create and exchange new ideas, products, and services. With this creation and exchange come additional opportunities for others to see new ways of doing things and participate in creating yet other opportunities.

The new economy is entrepreneurial and highly networked. Managing networks, convening them, expanding, perpetuating, and ending them will become a growing part of commerce, politics, and cultural life. Leading-edge organizations are already spending an increasing amount of energy creating customer communities.

With designed communities may come a greater emphasis on life design. Vocational values such as just following one’s heart may be replaced by life-design values such as creating a compelling personal style, seeking risk, and lifestyle change.

We will need to be thoughtful, strategic, and not just go where the next attractive opportunity appears, but also think about where we are needed and how the steps we take begin to form a path connecting us with what is going on in the world. We will need to exercise a personal compass, a passion about seeking ways to contribute and make a difference in the world. How will your work have meaning and integrity in the new economy?

The economy in the past several years has changed the way organisations conduct business. The shift in demand, expectations of employees, customer and other stakeholders as well as issues such as unemployment, downsizing, globalisation, mergers, and acquisitions have caused organisations to rethink how to do business and reinvent themselves. Managers at all levels have a critical role to play in ensuring that their organisation remain competitive in today’s interconnected and globalised world.

Are these concepts mostly of interest to those pursuing careers in business?

In the globalised new knowledge-driven economy the workplace is different and requires new approaches by the workforce, and new approaches to careers. Employment opportunities that simply advance a discipline, grow knowledge and skill in a single discipline are diminishing and becoming less valued. Globalization of markets and the networking of people, customers, and producers are creating a world where almost all highly valued employees have to look beyond their disciplines, seek the boundaries where disciplines intersect, find new opportunities on the horizon, take the risk to explore them, rigorously develop them, and do so without being told, do it well, quickly and in good spirits.
With all these forces at play, you are entering a world where you are more likely to be able to make a difference to your organisation, if you can embrace the broad new inter-disciplinary opportunities to be found in the new economy and global markets. Employers of all kinds look to today’s knowledge workers to make a difference.

Knowledge workers are to the information age what factory workers were to the industrial revolution. The factory worker spent the day producing goods for the company to sell. The knowledge worker spends the day manipulating or producing the knowledge and information the company sells. Unlike the factory worker, we don't spend our days sweating and straining on an assembly line. As knowledge workers, we spend our days tied to a computer and telephone, though we may also have scheduled face-to-face meetings with clients, customers, and co-workers. While we have timelines to meet, how we meet them and how we organize our work is up to us. Our productivity is measured in results, not seat time.

The Next Steps….

The International Professional Managers Association (IPMA) Courses and the Paris Graduate School of Management (PGSM) International Executive MBA (IEMBA) Program and its various Modules are designed with this in mind. First, you will gain advanced knowledge and skills in the quantitative and non-quantitative aspects of business and this is crucial towards being a knowledge worker. Additionally, you will develop a theoretical context for solving many business problems. Second, you can add in-depth knowledge to your broad business background. Third, if you are seeking to change careers, a professional qualification from IPMA will add a different repertoire of skills to your existing ones. Fourth, an MBA degree from recognised institutions such as PGSM is often the "ticket" to career advancement, for it shows an employer that you have not only an advanced degree but also the personal qualities needed to complete a challenging MBA program.


Prof Sattar Bawany PhD
EMBA; FPMA, FCIM, MMIS, MSIM, MMDIS, MSHRI, MAMA
Honorary Academic Advisor, IPMA UK
Adjunct Professor of Strategy, PGSM
259 Tampines Central. Singapore 915209.
Tel: (65) 6789-0977 Fax: (65) 6789-0911
Email:
ipma@bawany.com.sg

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