ADMN 2510H Lecture Notes - Lecture 7: Human Capital, W. M. Keck Observatory
1 Mar 2017
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Document Summary
Myths exist because they were once maybe historically true, but times have changed. Myths also exist because we like to think we are rational people, but we are not. Myth #1: money is a valuable motivational tool. For certain people, it"s not might be not appreciated, or unhappy, People who are highly paid, are still sometimes unsatisfied because they. A people-oriented individual can be expected to successfully manage any enterprise. However, someone who is effective in one organization may not succeed in another organization. There are different ways of doing things. They have to fit in with the culture. Myth #3: employers understand what is important to their employees and value them. Employers have certain things they need to get done. They have more help because business majors do case studies, and learn lots. Myth #4: only business majors tend to do well as new hires by corporations. They don"t take the time to know their employees and their values.
