Plumbing engineering industry outlook

“In a knowledge-based economy (that is an economy which is directly based on production, distribution and use of knowledge and information) requires knowledge-based workers… and that knowledge work is effective if only it is highly specialized (e.g., what makes a brain surgeon effective is that he is highly specialized in brain surgery, but by the same token couldn’t repair a damaged knee and would probably be helpless if confronted with a tropical parasite in the blood). This is true for all knowledge work. Generalists… are of limited use in a knowledge economy. In fact, they are productive only if they themselves become specialists in managing knowledge and knowledge workers. The knowledge needed in any activity has become highly specialized. It is therefore increasingly expensive and difficult to maintain enough critical mass for every major task in an enterprise. And because knowledge rapidly deteriorates unless it is used constantly, maintaining within an organization an activity that is used only intermittently guarantees incompetence.” — Peter Drucker, On Management, 1974

Read the rest here:

https://www.pmengineer.com/articles/96417-christoph-lohr-plumbing-engineering-industry-outlook