MGMT 1000 Chapter 1-3: Notes
Document Summary
Challenge to integrate minorities to top positions: we"ll be linked to work 24/7, we"ll make more of what we consume, where we consume it. Flexible/decentralized work structures: contingent workers more unconditionally important. Helps companies adapt to changes but less loyal = harder to enforce single corporate culture: teamwork a learned skill, not just a nice attitude. Employ 4 step process to determine plan of action: understand the trends: understand what"s big and what just sounds that way, clarify the implications: what all the change will mean for the workplace. Identify needs & opportunities: set the strategies: attaining the skills to make most of these changes. Stakeholders have interest & influence on your business: employees (source of employment, influence on personal and professional lives, community (impact on local economy, environment, educational system, competitors (influenced by organizations success or failure and ability to do business)
