GMS 200 Study Guide - Midterm Guide: Hawthorne Effect, Theory X And Theory Y

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GMS 200 Full Course Notes
24
GMS 200 Full Course Notes
Verified Note
24 documents

Document Summary

The 21st century has brought with it a new work place, one which everyone must adapt to a rapidly changing society with constantly shifting demands and opportunities. Economy is global, driver by innovation and technology. Smart people and smart organizations create their own features. The best employers share an important commitment, they value people offer supportative work environments that allow peoples talents to be fully utilized while providing them with both valued rewards and respect for work life balance. In organizations, employees benefit from flexible work schedules onsite child care, health and fitness centers, domestic partner benefits as well as opportunities for profit sharing cash bonuses. Networked economy in which people, institutions and nations are increasingly influenced by the. New economy is also knowledge based, themes of the day are respect , participation , Success must be earned in a society that demands nothing less than the best form all its institutions.