ADM 1300 Lecture Notes - Lecture 1: Human Capital, Knowledge Worker, Social Capital

• School: University of Ottawa
• Department: Administration
• Course: ADM 1300
• Professor: delcorde

Document Summary

Intellectual capital - the collective brainpower or shared knowledge of a workforce. Knowledge worker - persons whose minds, not just their physical capabilities, are critical assets; with whole mind" competencies that are both high concept" (creative) and high touch" (good with relationships) Glass ceiling effect - invisible barrier limiting career advancement or minorities. Globalization - the worldwide interdependence of resources, markets, and comp; improvements in tech (esp communications and transport) Full time workers pursue traditional career paths; can adv in the org. Contract workers perform a specific task and get paid on a fee-for-service basis rather than by a continuing wage. Part -time are hired only as needed and for as long as needed. Portfolio worker - someone who always has the skills to switch jobs. Organizations - a collection of people working together to achieve a common purpose. Open system - transforms resource inputs from the enviro into product outputs.