Knowledge Economy

2 Pages 460 Words

From the articles, the author said that, “the knowledge-based economy is a new business environment that is driven by rapidly changing technology and rampant globalisation. Hold the degree does not mean that we are the knowledge worker, meaning that graduates are not automatically being the knowledge worker. The difference between the graduates can be seen during their job interviews are competencies. The author defined that competencies have the same meaning with “Boleh”. So that, graduates who are unsure about themselves can ask themselves with the questions that are normally ask during the interview. If the answer “Boleh”, it is assured that the graduated have the competencies to do the job that they are going for the interview. In the employer side, they seem that graduate with competencies is a safer option for them. This is because, contribution is immediate, while a graduate armed with his academic qualification offers only a potential to contribute. Employers will obviously favor those who possess competencies.
The hands-on skill is a requirement in most office jobs these days. Hands-on skill is the demonstration made by the graduate during first day of work as he utilises the tools to get his work done. Therefore, the more hands-on competencies that a graduate has, the more highly regarded he would be in his employer’s eyes and of course the employer will be encouraged to upgrade him to more responsible positions such as to be the supervisor for the practical students.
Conceptual competencies are the ability to think through problems and processes. It is how concept is applied to solve real life problems that differentiate between conceptual competencies and the academic ability.
The integrative competencies are also become the important thing. Integrative competency is the ability to see things in holistic manner, rather than from a single view. Manager that have the integrative competency see the differen...