COMMERCE 3S03 Chapter Notes - Chapter 8: Social Capital, Human Capital, Linkedin
3 Jun 2016
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Document Summary
Managers influence others to get things done, energize and persuade others, and demonstrate the wherewithal to pull together a team. Networking means creating a fabric of personal contacts that will provide support, feedback, insight, resources, and information (introverts or specialized individual performers may dread networking) Building a network is not a distraction, but a key part of the job (old perception is that managers get their position because of technical expertise) Human capital: what makes someone marketable including their education, prior work history, technical and task-related knowledge, skills, and abilities. Social capital: building relationship with others through networking. Networking: proactive attempts by individuals to develop and maintain personal and professional relationships with others for the purpose of mutual benefit in their work or career. Contacts can provide you with information, access to diverse skillsets, and expanded influence. Relationships with others are a source of new ideas, job opportunities, business leads, influence, and social support.
