MGMT 1000 Lecture Notes - Lecture 1: Knowledge Economy, Collaborative Learning, Intellectual Capital

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Being proficient with technology, and using tech to your advantage. Ie; ibm making ai"s with computers, so far they know how to play jeopardy. In the future this can be used to cut down labor costs significantly as they will be able to adapt to harder tasks. This is using the tbl to resolve issues within the world, but at the same time still making a profit. (notes. Strengths and weaknesses are internal aspects, they require analysis inside of the crop. It improves ideas, as it points out its pros and cons. This allows you to improve your idea before you introduce it to others. This does not include communication, it creates more issues and can be personal. You must establish how decisions are going to be made, how are you guys going to communicate. Steve jobs built and used machines in his firm, but his ideas where the most important.

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