By Rangan, U. Srinivasa; Subramanian, Krishnamoorthy
ISBN-10: 0791860167
ISBN-13: 9780791860168
This booklet is particularly well timed for knowing the hyperlink among schooling and employment in a binary financial system. The authors supply a lucid framework for technical execs to turn into T-shaped platforms thinkers, who can get in-depth in addition to paintings on a much wider bandwidth, as required --Dr. James C. Spohrer, Director, IBM college courses World-Wide (IBM UP) Innovation Champion, IBM Almaden learn heart, San Jose, CA, united states "A sensible highway map for either execs and policymakers devoted to constructing a serious abilities infrastructure for the twenty first Century." --Dr. Leonard Schlesinger, President, Babson university, Wellesley, MA, united states "This robust publication has interwoven elements. the 1st half tells us the tale of what has occurred to STEM paintings within the U.S. economic system over the last few a long time of relentless globalization and digitization of data. Refreshingly the authors cease wanting creating a prediction. in its place, they flip their cognizance to what should be performed to energise and rework the paintings of STEM pros to learn the worldwide economic system in addition to their very own jobs and careers. The booklet can be filled with insights for public coverage officers, larger schooling leaders, and company education heads. it's a needs to learn for senior managers of STEM businesses and organizations." --Prof. V. Kasturi Rangan, Malcolm P. McNair Professor of selling, Harvard enterprise institution, Cambridge, MA, united states "This is an leading edge and motivational ebook for STEM execs partaking in ultra-modern worldwide wisdom economic climate. It urges them to set up a private strategic plan and to strengthen transformational abilities in addition to educational wisdom and industry-specific talents. To be rewarded in latest industry the authors indicate that STEM specialist has to be nimble, entrepreneurial and leading edge, be a resource of latest suggestions, but additionally take own accountability for constantly constructing these talents all through their career." --Prof. A. Galip Ulsoy, C.D. Mote Jr. wonderful collage Professor of Mechanical Engineering and the W.C. Ford Professor of producing, college of Michigan, Ann Arbor, MI, united states during this publication, the authors suggest an alternate method of profession improvement for technology, know-how, engineering, and arithmetic (STEM) execs. The authors think that self-help is the easiest aid and consequently technical execs may still take possession in their destiny in a strategic approach -- simply as companies and firms need to depend on a strategic strategy for long term survival and luck. The authors comprise suggestions of structures considering, in addition to international wisdom, to improve strategic ideas to pointed out wishes
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Extra resources for Thriving in the 21st century economy : transformational skills for technical professionals
Example text
Although the broader goal was to promote global innovation, the focus remained mainly on meeting regional needs. Since the early 2000s, it has been recognized that venture-funded new businesses created by entrepreneurs are able to respond to market needs faster than internal developments. Thus, companies are conceiving models in the use of external resources as a supplement for developing new but complex technical solutions and to enhance New Solutions generation and new knowledge creation. Many companies have developed programs to identify and foster new opportunities and fund start-ups outside of the company (see the discussion on P&G’s “connect and develop” model later in this chapter).
The Emergence of a Binary Company The easiest way to understand the evolution of a Binary Economy is to comprehend how workers in these companies deliver their output. We focus on the nature of employment as we study the evolution of a Binary Company. All employees execute their job in three ways: through physical effort (labor), through contribution to the collection, processing, and dissemination of information (information tasks), and through professional skills (that are unique and yield a much-needed output to users).
These smaller companies, mostly serving local or regional customers and without any unique product-based advantages, could no longer compete with global players and their fast-response logistics and supply chain solutions. Such integration was further facilitated by DT-driven office work standardization as well as ERP-driven factory paperwork automation. These changes resulted in industry-wide consolidation into a few global companies. In parallel, the evolution of many small start-ups and their success in the DT space—the dotcom companies—spawned business models for similar developments in the PT space.
Thriving in the 21st century economy : transformational skills for technical professionals by Rangan, U. Srinivasa; Subramanian, Krishnamoorthy
by Ronald
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