Incentive Strategies for Knowledge Workers: Using the Most Core Methods to Motivate the Core Employees

Author: Han Dayong
Publisher:
Publish Date: 2007-01-01
Features: The foundation of the knowledge economy is knowledge, and its key is talent, knowledgeable talent. The upgrading of the information infrastructure and the rapid development of information technology have made the production, storage, sharing, and use of knowledge technically more feasible and economically more cost-effective. The allocation and combination of various elements in economic activities will become more rational and efficient. The competition in corporate economic management is focused on knowledge, information, and technology as a whole—knowledge-based talent. Ultimately, the management of various elements in economic management boils down to the management of high-quality personnel—knowledge workers. "How to improve the productivity of knowledge workers and how to effectively motivate knowledge workers are the biggest challenges that businesses face in the 21st century," Drucker said, startlingly. "Because we are in the world's greatest turning point, a shift from a society where monetary and physical capital are the dominant resources for businesses to a society where knowledge is the dominant resource. This transformation requires new management techniques and organizational methods different from those of the past.