GMS 200 Lecture Notes - Lecture 1: Glass Ceiling, Collegehumor, Visible Minority

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Franklin Ramsoomair

Document Summary

Talent: what they know, what they learn and what they do with it. Intellectual capital: collectible brainpower of shared knowledge of a workforce that can be used to create value. Knowledge workers: persons whose minds, not just physical capabilities, are critical assets to employers. Diversity: business imperative should be an asset. Workforce diversity: describes differences among workers in gender, race, age, ethnicity, religion, sexual orientation and able-bodiedness. Prejudice: display of negative, irrational attitudes towards members of a diverse population; sets the stage for diversity bias. Discrimination: visible minority member are unfairly treated and denied the full benefits of organizational membership. Glass ceiling effect: an individual barrier limiting career advancement of women and minorities. Globalization: the worldwide interdependence of research flows, product markets and business competition. Ethics: set of moral standards of what is good and right in one"s behaviour. Sustainable development and protection of natural environment. Protection of consumers through produce safety and fair practices.