MGM101H5 Lecture Notes - Lecture 1: Carlos Ghosn, Tylenol (Brand), Financial Statement
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MGM101H5 Full Course Notes
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Henri fayol"s principles of management: planning and strategizing, what needs to be done, what are our goals, how do we achieve these goals, ex. Arthur fry; tried to make stronger glue; made weak glue accidentally; created post-it stickers: new solution: glue not always top-down, organizing, game plan for who does what, ex. Bonnie brooks on technology use (bonnie brooks changed the look of the. Bay: motivating & developing human capital to ensure that the game plan is executed and goals achieved, business of developing people to fullest potential; universal/community job, not just one person"s, ex. Obama: decisional, entrepreneur, resource allocator, disturbance handler, negotiator (ex. Inventing the ipod: human, carlos ghosn, the nissan-renault alliance. Learning through experiences: see selves as leaders and network-builders who get things done through ability to persuade and influence others, not technical experts, functional specialists, or bosses who get things done by command and control, kowhai-sempai relationship (mentor/mentee)