GMS 200 Chapter Notes -Ron Joyce, Frank Stronach, Heather Reisman

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

Document Summary

Ace enables university students to reach their full potential by helping others reach theirs. Develop hands on leadership experience, gain business confidence, and network in a unique way and attend international competitions. The dynamic environment demands that organizations and their managers frequently adapt and renew themselves continually to succeed over time. An entrepreneur is a risk taking individual who takes actions to pursue opportunities in situations others fail to recognize, or even view as problems or threats. Starts new ventures that bring to life new products or service ideas. Held vision = building a culture known as fair enterprise- ensures the rights of employees, management and investors to share in the profits they all help produce. Started with student literary magazine and small mail-order business. Co-founded paradigm consulting- worlds first strategic change consultancy. Took over company that was in bankruptcy protection and made it profitable. Founder of a new business enterprise that achieves large-scale success.