GMS 200 Lecture Notes - Lecture 1: G4S, Competitive Advantage, Natural Environment

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Lori Anne Heckbert

Document Summary

Nearly 100 public companies worldwide employ >175,000 employees each. Cover industries from fast food to retail, energy to finance. From us to china, russia to germany. Walmart stores (nearly 4x more than next largest by employee, g4s plc, a uk-based security services co) 5 of top 15 global employers had fy13 revenues >100b. The dynamics of ever-present change extend into the workplace and raise a host of new career challenges. Smart people commit their energies and intellect to continuous learning and personal development. Companies with a future are committed to people. Companies with a future offer inspirational leadership, reward and respect people, and provide supportive work environments. People and their talents are the ultimate foundations of organizational performance. Intellectual capital is the collective brainpower or shared knowledge of a workforce that can be used to create value. A knowledge worker"s mind is a critical asset to employers and adds to the intellectual capital of an organization.