Information Services in the U.S. Economy: Value Jobs and Management Implications Harvard Case Solution & Analysis

It is known that almost all the major economies of the world have already dominated by services. What might not be so well known that many of them are also being developed to become the information economy in the sense that the value-added (GDP) and employment. While this evolution is less developed in some countries, the U.S. is far from the 60% mark in terms of economic value added. This article discusses the merger of these two trends studied binary dichotomy products compared to services and information, compared with the material (no information) outputs, so dividing the economy into four super-sector. The data show that in the U.S. market dominated by the work of information and to much of the U.S. economy in terms of value-added GDP "information services" super-sector. The largest share in the number of jobs in the "non-material or information" of jobs in the service sector, but the largest share of the wage bill in the information-related jobs in the service sector. This article discusses the reasons for these trends, identifies the major differences between the information and non-information sectors, and considers the implications for management strategies in the information economy. "Hide
by Uday Karmarkar, Uday M Apte, Hiranya K Nath Source: California Management Review 20 pages. Publication Date: 01 May 2008. Prod. #: CMR394-PDF-ENG

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