MHR 505 Lecture Notes - Lecture 1: Human Capital, Intellectual Capital, Structural Capital
17 Oct 2017
School
Department
Course
Professor
Document Summary
Ob emerged as a distinct field around the early 1940s. Organizations have been studied longer: plato leadership, confucius ethics, leaderships, check d2l. Helps us make sense of and predict our world: question personal beliefs/assumptions. Organizational behaviour is for everyone: helps everyone, not just managers. Ob and the bottom line: ob practices affect organizations survival and success. Organizations complex systems that live within, depend on, external environment: organizations have subsystems transform inputs to outputs. Effective organizations: maintain a close fit with changing conditions, transforms inputs to outputs efficiently and flexibility. Foundation for the other three organizational effectiveness perspectives. An organizations capacity to acquire, share, use, and store valuable knowledge. Consider both stock and flow of knowledge: stock: intellectual capital, flow: organization learning processes of acquisition, sharing, use, and storage. The storage and preservation of intellectual capital. Retain intellectual capital by: keeping knowledgeable employees, transferring knowledge to others, transferring human capital to structural capital.
