Kessels, J. (2007). Professionals and their social capital. In From business model to modell business (pp. 64–65). Festo Netherlands B.V.
The history of Festo illustrates how the economy is rapidly being transformed into a knowledge economy. The company and its teams needed to develop the necessary competencies to be able to participate in a working life that is mainly based on knowledge productivity. Traditional approaches to management, training and development did no longer provide the learning environment that is required for knowledge work. Festo is constantly turning the day-to-day work environment into a powerful learning environment.