MGMT 1000 Study Guide - Midterm Guide: Peter Senge, Knowledge Economy, E-Book
Document Summary
Steve glassman director, bookstore & printing services, yorku. Karan: opened a t-shirt company using high quality t-shirts and print, competitive advantage high quality product, direct house delivery, how important is quality imperative as it is the company"s competitive advantage. The management skill i have chosen to self-develop this term is coaching . Everyone has been coached at least once in his or her life. It is a skill one needs in order to help a person grow to be successful. With the help of coaching, a person can boost their performance, skills, and abilities. Developing coaching skills will help businesses meet challenges of a knowledge economy by build trust, rapport and partnership and allowing people to gain knowledge from others. Communication essential to be able to ask questions and gain knowledge from others. Focusing on financial performance is no longer enough. Companies must pay attention to social and environmental impacts.
