ADM 1370 : Module 1 Prof Kuziemsky Part 2.docx

• School: University of Ottawa
• Department: Administration
• Course: ADM 1370
• Professor: All

Document Summary

Week 1: january 5 7 2011: management: planning for what is going to happen, digitization: the replacement of physical tasks by digital means. Internet is bringing about rapid changes in markets and market structure. Internet is bringing about a digital convergence of telecommunications and computing. Flexible arrangement of generalists: transformation of the business enterprise. Collaborative work and teamwork: growth of a globally connected economy. Global delivery systems: growth of knowledge and information-based economies. Knowledge as a central productive and strategic asset: emergence of the digital firm. Digitally enabled relationships with customers, suppliers, and employees. Core business processes accomplished using digital networks. Agile sensing and responding to environmental changes. Seamless flow of information within the firm, and with strategic partners. Why is the world flattening: globalization created a new world characterized by, worldwide communication, collaboration without barriers. The global economic playing field has been leveled: competition is worldwide management requires constant planning and re-planning.