GMS 200 Lecture : Week 1 Notes

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Shavin Malhotra

Document Summary

Themes are respect, participation, empowerment, involvement and teamwork and self management. new economy are greatly knowledge and success is forged in workplaces. organizations are expected to excel on performance criteria. new economy is global and the nations of the world are increasingly interdependent. flexibility, free agency, skill portfolios and entrepreneurship. I ntellectual capital is the collective brainpower and shared knowledge of a work place. allow the company to achieve unique and significant results. Knowledge worker someone that is a critical asset to the workplace. should be self starter and willing to learn. Globalization is the worldwide interdependence of resource flow, product markets and business competition. more and more products are being made in one country and even the final assembly of the product takes place in another country. They operate as global business that view themselves as equidistant(central) from customers and suppliers, wherever in the world they may be located.