GMS 200 Chapter Notes - Chapter 1: Gary Hamel, Jeffrey Pfeffer, High-Concept

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Deborah De Lange

Document Summary

Rapidly changing society learning + speed not habit + complacency. Economy is global, driven by technology and innovation. Technology shrinks the world but consumes all of our time . Globalization means we can work anywhere, but must compete with people from everywhere . Jobs are earned through one"s performance and accomplishment. High performers achieve success through because they are better than competitors at achieving getting extraordinary results from superiors. These companies have won the war for talent by figuring out how to get the best out of all their people . People and their talent what they know / learn what they do with it. Intellectual capital: the collective brainpower or shared knowledge of a workforce. The ultimate challenge of an organization is to combine the talents of many people. Knowledge worker: one"s whose mind, not just physical capabilities are critical assets.