GMS 200 Lecture 2: GMS200 WEEK 2 CHAPTER 13

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Ado Abdoulkadre

Document Summary

Information and knowledge basic linkages: knowledge and knowledge workers provide de(cid:272)isi(cid:448)e (cid:272)o(cid:373)petiti(cid:448)e fa(cid:272)to(cid:396) i(cid:374) toda(cid:455)"s e(cid:272)o(cid:374)o(cid:373)(cid:455). Someone whose value to the organization rests with intellect, not physical capabilities. Someone who is using there brain, workplaces wont someone who is mindfully and can use there brain power to make a differences. Shared knowledge of a workforce that can be used to create wealth. What is useful information: data - raw facts and observations. Information - data made useful for decision making. Information drives management functions: characteristics of useful information: Figure 13. 1 internal and external information needs of an organization. H and m they have to use info from the company like stakeholders. If someone works info in marketing and then they need info from the finance department they can do need to share trends ( flows info up and down in the company).