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Knowledge: the new commodity for the Global Economy

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THE KNOWLEDGE ERA


SELF DIRECTED LEARNING


SOCIAL ISSUES


GENERAL


 

 

KNOWLEDGE ERA SCHOOLING

Background Information


Over the last few decades the Australian labour force has changed substantially. The shift in labour demand arises from

new technology which has led to reduced need for manual labour and increased demand for employees with a greater level of skill
microeconomic reforms (tariff reductions, industrial relations reforms)
internationalisation of product markets
increased use of casual and pert-time employees
significant growth in the service sector
decline in production industries like manufacturing and mining
technology in Government economic policy aimed at creating a more efficient manufacturing sector for export dollars.

Source ABS Australian Social Trends

One of the most valuable commodities for success in the Australian and global economy today is knowledge.  The Knowledge Era, which dawned in the 1970s with the advent of computers, has become fully realised through the exponential use of the Internet and the rapid flow of information and services it has allowed. 

Australia is a small player in the global knowledge economy that is rapidly developing, but because of the very nature of our people and society, our nation has the potential to make disproportionately large contributions and reap significantly larger rewards per capita in the future than most countries.  This knowledge era economy supports countries that are smart enough to have innovative, self-directed, and entrepreneurial knowledge workers who can thrive in a fast-moving, changing environment.

1971 2001
Employed persons in full-time work 89% 69%
Employed persons working in service industries 57% 75%
Employed person with bachelor degree of higher 3% 19%

Source ABS 1971 & 2001 Censuses of Population & Housing

As evidenced by Australian Bureau of Statictics data, there are real differences between the industrial era workplace, that singularly existed greater than 15 years ago, and the knowledge era workplace, which exists today but will be even more pronounced in the future.   These industrial vs knowledge era workplace differences are:

(a)    The exponential increase in the use of, and functionality in, information and communication technology.  Coupled with the fundamental shift to the use of web-based communication by business, the barriers that traditionally prevented individuals anywhere around the world communicating for work or leisure, no longer exist.

(b)    The movement of the majority of nations to participate in the global marketplace has created new horizons in bringing a good or service to the market, and has taken the level of international focus and opportunity for its workers into a much larger marketplace. 

(c)    As a consequence of the above factors, the breakdown of Australia’s traditional business structures and hierarchies to what is now a far more fluid and dynamic working environment.  The influences that have eroded old business structures include awarding work based on merit, the need for improved financial management of business including cost efficiencies which has lead to outsourcing, family values and work-life balance, and economic growth.

In this new environment, the individuals that thrive in the knowledge era workplace are the ones that can make informed decisions based on available information, and can relatively quickly provide meaningful solutions for a public or private entity in the marketplace.   The knowledge era workplace is the closest experience Australians have had yet to the workings of the free market. 

Employed persons in full-time work 89% 69%
Employed persons working in service industries 57% 75%
Employed person with bachelor degree of higher 3% 19%

Between 1985-86 and 1995-96 the number of workers in the service industries increased by 31%, an increase of 1.4 million jobs…Overall, part time work was more common in service industries with 21% working part-time compared to 13% in production industries…Increased employment in the service sector has been the major impetus to the recent growth in part-time employment, particularly among females.

Source ABS Australian Social Trends

It is entirely understandable then that the qualities individuals must develop to succeed in this new environment include:

  • The ability to think and act like an independent contractor (even if they find themselves from time to time working in a large corporation)

  • The ability to readily adjust and see opportunity in sudden change

  • The ability to collaborate so that required services can be delivered with flexibility and without commitment to unnecessary cost structures.

  • The willingness to learn on an on-going basis for personal and professional improvement.

  • The ability to incorporate new technology into one’s work or life if there is a real benefit to quality of life or work performed. 

  • As alluded to above, technology in the context of working in the knowledge era market is as an enabling tool.

 

In 1990, 34% of full-time students worked part-time. In 2000, this number had increased to 42%.

Source ABS Australian Social Trends 2001

Within Australia, the movement offshore of manufacturing together with the rise of knowledge-based services is a telling trend to Australia’s place in the new globalised economy.  It is having a marked effect on enterprises and employment, particularly for young people (up to 26 years old) who are performing historically higher rates of casual, part-time, and contract work.  A steadily growing percentage of young people in the workforce must be comfortable moving where opportunity takes them, either interstate or overseas, learning to work effectively in an international market where skills are highly transferable.

Knowledge era schooling recognises that the world and the marketplace has changed and that schooling also needs to reflect this real-world change by developing in young people the skills that allow them to be well-prepared for this working environment.

In creating a knowledge era schooling environment, clear actions on the part of the school are required to change campus culture and create the collaborative and adaptive skills that best prepare individuals for this relatively unfamiliar workplace.  Critical skills for the knowledge era include self-directed learning, adaptability, collaboration, risk taking, communication, self-reflection including the ability to change career direction if required, self-management and self-discipline.  It is building these skills into an approach to curriculum that at once addresses the needs of the educational hierarchy, but allows students to better understand and manage themselves for the working world that awaits them.

Creating a curriculum that allows students to merge academic and vocational subjects, rather than keeping each stream separate, is another fundamental characteristic of the knowledge era school.  By offering students this converged educational choice, the knowledge era school is actively equipping students with qualifications that can be used, for instance, as a means of income while pursuing higher education, while at the same time providing the academic preparation to qualify for university entry.

Over the 1990s, the number of students participating in post-compulsory schooling increased by 28%, with students of all ages between 15 to 64 years contributing to this increase.

For younger students, working part-time may provide a source of personal income, and therefore a certain level of independence, as well as work experience which may enhance future employment opportunities. For people already in the workforce, study can be a way of acquiring new skills or upgrading them in order to remain competitive in the labour market.

Source ABS Australian Social Trends 2001

One of the main tenants of knowledge era schooling is teaching students to ‘learn how to learn’, that is, creating the interest and ability in students to accept that ongoing life-long learning is necessary to find new ways to translate existing skills to new career opportunities.  It is apparent that ‘just in time’ learning enables individuals to remain competitive in an increasingly dynamic and fluid working environment.  It is a key skill in being able to quickly adapt to change.

Knowledge era schooling is as much about EQ as IQ.  The world and its work reward the development and effective use of the emotional self as much as the intellectual self.  The VCE and its ENTER scores are only part of the schooling equation.  Without the development of such EQ qualities as leadership skills, empathy, people skills, trusting intuition, and decision-making that takes into account social and environmental consequences, our young people will not have the capacity to effectively compete in this new world.

Despite attempts to address gender equality, why has our society been unable to create gender-equality in homes, boardrooms or jobs?  A contributing factor is the inherent attitudes of educators in reinforcing outmoded belief systems. 

The knowledge era school rejects the gender-segregated school formulated exclusively on academic success, because it doesn’t acknowledge and work to change the world as it actually is.    The knowledge era school aims to create an educational system in keeping with the world young people are in – a knowledge society that needs the collaborative skills of both men and women.  It is committed to educating our young people in an environment of gender equality. 

It is on this basis that a co-educational environment in itself does not make for a knowledge era school.  Many teachers in a coeducational setting and without an understanding of the impact of their role in the greater society, continue to reinforce gender inequality and stereotypes. 

The knowledge era school understands that being together, in a learning environment fully aware of the need to breakdown stereotypical notions of male and female in young people’s belief systems, allows individuals to create a healthier and more productive 21st century society. 

The knowledge era school also requires teachers to let go of the power that so defines the industrial era school.  Teachers must instead collaborate with students, converging their knowledge and skill with that of young people.  Rather than feeding students the information, knowledge era teachers show students how to use their skills to create and use knowledge, to ask and answer the ethical questions, to cope with pressure, to problem solve and to be effective decision makers.

“They need to be multi-skilled, they have to have the capacity to analyse, problem-solve and recognise they will not have a single career path. It’s very different from the industrial economy where you prepared some students for manufacturing jobs, and other for the professions, and so schools split the curriculum into vocational and academic. Today’s workers need to be multi-skilled, and I think schools are grappling with that complexity.”

-- Alan Reid, University of South Australia, Education Professor

 

‘Charles Goode, 64, who is also chairman of Woodside Petroleum and a director of Singapore Airlines, said Australia was “too short term, too cautious and too complacent” in dealing with the big issues: education, environment, economy, population, and world relations…He told an Australian Institute of Company Directors lunch that Australia should prioritise education and the environment.

-- Extract, AFR July 25, 2003, ‘Respect for ageing Goode policy’

“How do human beings really learn and develop? It is an active – indeed, it is an interactive – process. Schools somehow have forgotten that. We need to engage people, encourage them to learn by doing. We need project-based learning. Kids should be encouraged to do arts and music. We have to engage their creative faculties, not squelch them, which appears to be much of what’s going on in our schools.”

-- Professor Richard Florida, Carnegie Mellon University (US) and author of ‘The Rise of the Creative Class’

Leading academic researchers have recognised the need for this direction in education for some years.  Increasingly, our business leaders are also beginning to recognise that our existing educational approach is in danger of becoming obsolete.  Knowledge era schools are increasingly being found in many countries around the world including the US, Israel, and the UK.

The future of Australian education now requires leadership and passion from government and industry leaders to recognise that knowledge era schools like ELTHAM College of Education are providing a template for the Australian school of the future.  These leaders are in a position to recommend and lobby for policy change that will create a new paradigm in educational opportunities for young Australians, equipping them with the skills necessary to thrive in a future that lies in the knowledge era and beyond.

ELTHAM College of Education

Principal/CEO - Dr. David Warner

1660 Main Road, Research VIC 3095

03 9437 1421

Third Floor, 325 Flinders Lane, Melbourne VIC 3000

03 9629 9266


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