GMS 200 Lecture Notes - Lecture 1: Starbucks, Nfrastructure

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GMS 200 Full Course Notes
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GMS 200 Full Course Notes
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Companies are now paying closer attention to talent (human capital) management now wants to: recruit and keep employees, develop employees capabilities in accordance with business strategies, measure and manage performance, recognize, reward, and engage employees, engage in succession planning to orderly replace retiring managers. Workplace diversity describes differences among workers in gender, race, age, ethnicity, religion, sexual orientation, and able bodiedness: age difference can be a major challenge, how do managers integrate generation y workers (18 24 year olds) in a workplace dominated at the top by baby boomers who are approaching retirement, cultural differences, how to recruit and keep the most capable workers. A: managers of global corporations, operate as global businesses that are at equal distant from customers and suppliers, wherever in the world they may be located. In a competitive global business landscape, the increasing demand for talented, knowledge workers is primarily due to the increasing use of low-cost production.

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