GMS 200 Chapter Notes - Chapter 1: Training And Development, Internet Access, Green Politics

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Shavin Malhotra

Document Summary

Organizations are expected to always execl on performance citeria: innovativeness y ethics y social responsibilities, y y employee development y profitability y. When they fail customers, investors and employees are quick to let them know. There is no guarantee of long term employment. Our greatest assets as a corporation are the gifts, talents and abilities of our employee- owners when we as a corporation invest in developing people, we are investing in our future - herman miller. We talk about the difference between being successful and being exceptional. Being successful is meeting goals in a good way- being exceptional is reaching your potential . People and their talents ( what they know what they learn and what they do with it) These people represent intellectual captial, the brainpower or shared knowledge of a workforce that can be used to create value. Intellectual capital: the brainpower or shared knowledge of a workforce. Intellectual capital= competency ( being qualified) x commitment.