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Chapter 1

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Global Management Studies
GMS 200
Sui Sui

GMS200 Chapter 1 The New Dynamic Workplace Key Study Question 1 What are the challenges of working in the new economy what are critical skills you need today compared to years ago 2 What are organizations like in the new workplace3 Who are managers and what do they do 4 What is the management processhow does the manager make his decision 5 How do you learn the essential managerial skills and competenciesstMotivation overview of the 21 century workplace Organizations must adapt to rapidly changing society Emerging economies offer lots of opportunities to your companyEconomy is global and driven by innovation and technology High performing companies gain extraordinary results from people working for themindividual intellectual capitalInterdependent knowledge basedStudy Question 1 Intellectual capital is the collective brainpower or shared knowledge of a workforce that can be used to create value Globalization is th
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