2004 Work - Brown reading Flashcards
when was the study published?
2004
what idea has Durkheim been influential in?
meritocracy
how many times more were the top 100 US Fortune CEOS paid than the average worker in 1970?
39
what does the knowledge based economy now depend on? (2)
on technological innovation and the intellectual capital of a highly skilled workforce.
how does the knowledge economy differ from the industrial economy of the past?
no longer depends on the mass production of standardized goods and services that are made and sold by vast armies of blue-collar and white-collar employees
why can it now be seen that there is a ‘war for talent’?
seen to reflect the greater complexity of managerial roles due to globalization, deregulation, and rapid advances in technology
why is there now more pressure on employees to remain employable, even within the same job? (2)
as work roles are subject to rapid change and consistently high levels of performance are demanded of everyone
why has there been a shift from employment to employability?
many companies are no longer able (or willing) to offer long-term career opportunities to their managers and professionals
what is the boundaryless career?
all rather than a few privileged employees have a ‘career’ that may involve changing jobs on a regular basis. It highlights the need for marketable skills and external networks that offer invaluable contacts and job information
what is freeing about the boundaryless career?
freedom and ‘independence from . . . traditional organizational career arrangements’.
what characteristics did Leadbeater define for the ‘knowledge workers’? (6)
mobile, skilled, affluent, independent, hardworking, ambitious
what is the consensus perspective of the new ‘knowledge workers’?
the conflict between the aspirations of individuals for meaningful work and organizational efficiency has been resolved
how can the changing value of human capital be seen in relation to workers?
Those able to sell their knowledge in the global economy have enjoyed a spectacular rise in economic fortune, whereas those with few marketable skills find their living standards under increasing pressure as they confront competition from other workers around the world willing to work for a lot less.
what is the implication of “learning is earning”?
it is argued that those who stand to benefit through increased salaries should pay more towards the cost of their studies
what is the new major policy difficulty?
how to encourage more students from non-traditional backgrounds to take advantage of the new opportunities that are open to them