GMS 200 Lecture Notes - Lecture 1: Johari Window, Green Politics, Pest Analysis

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: kenneth kalu

Document Summary

Chapter 1 introducing management: self awareness, helps you grow, helps you use your time more efficiently. Importance of technology: networking, new workforce expectations more focus on merit than on seniority, work-life balance, focus on speed. Socio-cultural environment population, demographics, education system, and health/nutrition values. Legal-political environment laws and regulations, business forms, political trends. Economic environment economic growth, unemployment rate, and disposable income. Natural environment: green values, and recycling infrastructure. Technological environment: it systems/infrastructure, broadband internet access. Pestel: political, economic, social, technological, environment, legal. Manager: make work productive and workers effective, support, supervise, and channel the efforts of others towards achieving predetermined organizational goals, 10 managerial roles informational roles interpersonal roles, decisional roles. Upside-down pyramid: operator workers are at the top, managers are at the bottom supporting workers. Criteria for useful information: timeliness- right information at the right time, high quality- correct and credible, complete- current and up-to-date, relevant- appropriate for the task at hand, understandable- clear and unambiguous.