The Knowledge Review The 20 Most Innovative STEM College and Universiti | Page 27

persuasive about this one role, which started as preparation and training for the church, then the law and much later, the government administration. Physiognomies of some knowledge-based workers For a knowledge-based economy to run efficaciously and effortlessly, it would require people who are focused and motivated towards contributing numbers in the expansion of the knowledge-based economy. Such knowledge-based workers are determined and have distinguished characteristics, • They usually work in small companies, mostly startups. • They often work on contractual basis, or as part-time workers, so they move around from one job to another fairly frequently. • They sometimes are entrepreneurs and are their own bosses; sometimes they have created their own job, which didn't exist until they worked out that there was a need and they could strive to meet that need. • They are adaptable to the digital advancements and are competent digitally; digital technology is a key component of their work contributing to the business. • There are constant changes in the nature of their work, typically based on response to market and technological developments and thus the knowledge base of their work is likely to change rapidly. • They play many roles because they often work for themselves or in small companies. So their role is diversely covering various verticals of marketing, designing, accounting, sales, managerial responsibilities, technical support, etc. • They depend on social media platforms to bring-in business and to keep their knowledge up to date with current trends in their area of work • They need to be quick learners to stay on top in their business-space, and they need to manage that learning for themselves. • Above all, they need to be flexible, to adapt to rapidly changing conditions around them. Embedding skills in the curriculum Most faculties in universities are well trained in content and have a deep understanding of their subject areas. Expertise in development of skills though, is another matter. It is not that faculty does not help students develop skills – they do – but whether these intellectual skills match the needs of knowledge-based workers, and whether enough emphasis is given to development of skills within the curriculum. Some of the important skills that hold an important role in an individual's overall development are communications skills, the ability to learn independently, ethics and responsibility, teamwork and flexibility, thinking skills, digital skills and knowledge management. Universities can take that into consideration and look for ways to entrench these skills into curriculum. • Development of skills is relatively context-specific. Furthermore, these skills need to be rooted within relatively particular knowledge domain. For example, problem solving in business is different from problem-solving in medicine. Different processes and approaches are used to solve problems in these domains (for instance, business tends to be more intuitive, medicine more deductive; business would probably accept a solution that will contain a higher element of risk or uncertainty, while medicine is more risk averse); • Skills are often best learned in moderately small steps, with steps increasing gradually as mastery is approached; • Learners need a lot of practice to reach mastery and consistency in a particular skill; • Learners need feedback on a regular basis to learn skills quickly and effectively; immediate feedback is usually better than late feedback; • Although skills can be learned by trial and error without the intervention of any of the lateral mentors like a teacher, coach, or technology, development of those skills can be greatly enhanced with appropriate interventions. The increasing competitiveness has raised a question on employability for graduates in the knowledge-based economy. And the question is; Are universities teaching the skills needed in a Knowledge-Based Economy? T R October | 2017 T H E N O W L E D Education. G E R Innovation. E V I Success EW