GMS 200 Lecture Notes - Lecture 1: Intellectual Capital, Knowledge Worker, Human Capital

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Deborah De Lange

Document Summary

The path to academic success and career development is to be open to changing and improving yourself. Smart people create their own futures take responsibility for your own success. Respect, empowerment, participation, involvement, teamwork must emulate this in your time here at ryerson. Develop your talent(s) knowing what they are is key. Workforce diversity gender, age, race, ethnicity, religion, sexual orientation, able- bodiedness. Prejudice, discrimination, glass-ceiling leads to under-utilized human capital and other negative effects on the workplace, society, and the world. Globalization: worldwide interdependence of resource flows, markets, and business economy. Many other views of globalization multi-dimensional and not just economic as the text suggests. Technology is a strong factor (thomas friedman"s the world is flat is commonly cited) Enron (bankrupt) is a classic example of what not to do. Ethics is key to leadership success and for the organization. Figure 1. 5 multiple stakeholders in the environment of an organization.