In today’s digital age, access to bulks of information has never been this easy. The internet has expanded the reach and size of available information like never before since the printing press era.
The global economy has caught up with the trend as it depends more and more on knowledge generation to drive productivity and growth. Knowledge development in this age spells the difference between the wealthy and the poor; the capable and the powerless; and achievement and failure. A country adopting a knowledge-driven economic framework can achieve fundamental development, successfully lead its people to advancement and prosperity, and strategically position itself on the international stage.
The growing significance of knowledge generation especially in terms of socio-economic growth has made it an extreme priority and a national necessity for any state across the globe.
Churning out relevant information, however, is a complex procedure that goes beyond the process of producing data. The practical use of the generated knowledge should be taken into consideration as well as the ability to efficiently extract relevant data from a sea of information and collate it in an applicable manner. Countries working towards establishing a knowledge society know that creation and application of information help drive cultural, economic, social, political, and individual activities.
In this light, ELM has thrown its support to government efforts to raise community awareness on knowledge generation as part of its Corporate Social Responsibility. Such a move is considered beneficial particularly for the youth, especially in terms of enhancing their capabilities necessary to lead the Kingdom of Saudi Arabia’s diversified economy.
ELM’s extensive range of cutting-edge and highly innovative e-services complement the public and private sectors’ digital transformation efforts and initiatives towards the adoption of a knowledge-based economy.
The ‘ELM Ambassadors’ program is another relevant initiative aimed at making the company more dynamic in sharing its knowledge and experiences with the community in a bid to highlight the practical impact of information acquired by university students on the business community. Harnessing the potentials of university students is one of the most important and effective means to efficiently transfer knowledge.
ELM has also sponsored the talent enrichment program ‘Mawhiba’ which has been designed to develop a student’s aptitude in accordance with his or her interests and abilities. The program also aims to enhance the communication skills of students to make them at par with their international counterparts, leading to more promising study opportunities abroad. This will help equip students with competencies that are essential to the Kingdom’s efforts towards establishing a knowledge society.
Knowledge generation can be limitless if a proper environment where it is actively and effectively promoted is established. Such an environment must possess elements that encourage knowledge acquisition, dissemination, generation, and use. As the Kingdom continues its path towards knowledge-driven economic growth, it is the obligation of each and every citizen to take the lead and contribute to the ongoing initiatives.