MGMT 1000 Lecture 1: 2. MGMT1000 Week 1 Sept 15 Lecture Notes

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Key idea #1: office 2020 why is this idea important. Technological skills; technology will connect us a decade from now. Flexible work; real companies will have virtual locations. Teamwork; the ability to work on a team and especially to lead it. Key idea #2: using multiple views to improve decision making. Seeking different points of views can be a powerful management tool. Know when to explore different views, and when to move ahead. Time is on your side, collaboration allows for innovation. Different people care passionately about different things (ex. What is the main objective of business today?) A strategic & competitive perspective for winning support. There is a two-way relationship between stakeholders and an organization. Stakeholders have a stake in an organization, meaning they have an interest in the business and its operations, therefore they will influence what the business is doing in whatever ways they can. A stakeholders exercise (due on moodle by tues sept 22 10pm)

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