Management’s duty is to preserve the assets of the institution in its care.

Knowledge workers own the means of production. It is the knowledge between their ears. And it is a totally portable and enormous capital asset. Because knowledge workers own their means of production, they are mobile. Manual workers need the job much more than the job needs them. It may still not be true for all knowledge workers that the organization needs them more than they need the organization. But for most of them it is a symbiotic relationship in which the two need each other in equal measure.

Management’s duty is to preserve the assets of the institution in its care. What does this mean when the knowledge of the ...

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