GMS 200 Lecture Notes - Lecture 3: United Nations Global Compact, Organizational Culture, Foreign Direct Investment

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Deborah De Lange

Document Summary

Creativity: the generation of a novel idea or unique approach to solve problems or exploit opportunities. Task expertise, task motivation, creativity skills - creativity. Group creativity skills, management, organizational culture - creativity. Make innovation a way of life in an organization! Creativity is important to put you ahead of competitors, you and your team/organization have to have creativity and build a creative culture. Creativity is important when it comes to problem solving, solving things in ways not thought of before. Need to motivate each others creativity and make your company unique so it stands out. Boot strapping - finding resources where there are none. You have to be a exible thinker (think in more than one way and look from different points of views and approaches) in order to be creative. Diversity - more info, knowledge, expertise that in non-homogenous. If everyone is thinking about the team outcome, then the disadvantages can be overcome.