Question

1. why do you think top executives are more motivated by the nature of the company and the job than by compensation and lifestyle issues? (see figure 4.2.) 2. how has technology helped employers offer more flexible work arrangements? 3. study table 4.2. with a partner, try to imagine any drawbacks of each type of work arrangement. 4. interview someone who is involved in a flexible work arrangement, either as an employee or as an employer. ask this person to describe the impact of this work arrangement on both the individual and the organization. 5. what is intellectual capital? how is it related to a business’s success? 6. the average age of workers is changing, with a large number expected to retire in the next decade. what impact might this change in the work force have on the new economy?

Explanation:

1. Top - executives may be more motivated by the nature of the company and job as it offers a sense of purpose, challenge, and long - term vision. They often have a strategic role and the opportunity to shape the organization's future, which is more fulfilling than short - term financial or lifestyle benefits.
2. Technology like video - conferencing, cloud - computing, and mobile devices has enabled remote work, flexible hours, and virtual collaboration, allowing employers to offer more flexible work arrangements.
3. Drawbacks of flexible work arrangements can include communication challenges, lack of team cohesion, and potential distractions for employees working remotely. For employers, it may be difficult to manage and monitor performance.
4. Interviewing someone in a flexible work arrangement will provide real - life insights into how it impacts individuals and organizations. They can share experiences on work - life balance, productivity, and job satisfaction.
5. Intellectual capital refers to the intangible assets of a business such as knowledge, skills, and innovation of its employees. It is crucial for a business's success as it drives innovation, competitiveness, and long - term growth.
6. The changing average age of workers and large - scale retirements can lead to a loss of experienced employees and skills gaps. This may require new recruitment, training, and succession planning strategies in the new economy.

Answer:

1. Top executives are more motivated by the nature of the company and job due to purpose, challenge, and long - term vision.
2. Technology enables remote work, flexible hours, and virtual collaboration for more flexible work arrangements.
3. Drawbacks of flexible work arrangements include communication issues, lack of team cohesion, and performance management challenges.
4. Interviewing provides real - life insights on the impact of flexible work arrangements.
5. Intellectual capital is intangible assets like employee knowledge and skills, crucial for business success.
6. Changing workforce age may lead to skills gaps and require new recruitment and training strategies.