GMS 200 Final: GMS 200 review notes

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Olga T.

Document Summary

Talent people and their talents what they know, what they learn, and what they do with it are the ultimate foundations of organizational performance. They represent what managers call intellectual capital , the collective brainpower or shared knowledge of a workforce that can be used to create value. Intellectual capital is the collective brainpower or shared knowledge of a workforce . High performing companies gain extraordinary results from people: workforce diversity describes differences among workers in gender, race, age, ethnicity, religion, sexual orientation, and able-bodiedness. A diverse and multicultural workforce both challenges and offers opportunities to employers. It is described as a process in which improvements in technology (especially in communications and transportation) combine with the deregulation of markets and open borders to bring about vastly expanded flows of people, money, goods, services, and information. Technology: continuing transformation of the modern workplace through, the internet, computer networking, information technology, telecommuting/virtual teaming/mobile offices.