GMS 200 Lecture Notes - Lecture 1: Glass Ceiling, Intellectual Capital, Haymarket Media Group

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Kenneth Kalu

Document Summary

Intellectual capital is the combined brain power and shared knowledge of an organization"s employees. Knowledge worker"s mind is a critical asset to employers and adds to the intellectual capital of an organization. **in the past it was more about physical capabilities, now people can work from home. Tech iq is a person"s ability to use current technologies at work and in personal life: Checking inventory, making a sales transactions, ordering supplies. Globalization: the worldwide interdependence of resource flows, product markets, and business competition that characterize our economy. Managers have to be aware about what"s going on around the world. Ethics: code of moral principles that set standards of conduct of what is good and right as well as bad and wrong . In the short run, small economic profit, in the long run big negative effect. Knowledge, skills, experiences are part of intellectual capital, not diploma or savings in the bank.