GMS 200 Lecture Notes - Lecture 1: Peter Drucker, Warren Buffett, Knowledge Economy

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

Document Summary

The world of work is undergoing dynamic and challenging changes. these changes provide great opportunities along with tremendous uncertainty. Such changes can be ascribed to the impact of important trends host of new career challenges. regarding worker talent or intellectual capital, globalization, information technology, workforce diversity, ethics, and careers. Because of continuous change impacting the workplace, this raises a. Smart people commit their energies and intellect to continuous learning. Companies with a future are committed to people. Companies with a future offer inspirational leadership, reward and and personal development. respect people, and provide supportive work environments. (corporate culture) High performing companies gain extraordinary results from people. Six area where the world of business has undergone significant change: The internet has levelled the playing field for small companies. New business models, communication technologies, and distribution methods enable businesses to take their products and services anywhere they want.