Topic & Description:
From Local to Global: Concepts, Frameworks, and Analytical Tools Necessary to Develop an Effective Global Strategy
Globalization has changed the dynamics of business irrevocably. Today’s companies must operate on a much larger scale and in an environment of global competitiveness where product development, market needs, customers’ targets must take into account multiple cultures, collaborations and regional developments. Even for companies that do not intend to “go abroad,” the entry of foreign companies into their home markets makes a better understanding of global strategy a necessity if not a requisite for survival. The goal of this course is to introduce you to concepts, frameworks, and analytical tools necessary to develop an effective global strategy. There will be case studies and a presentation by student group teams on companies visited.
Accommodation & Travel:
Başak Yalman (firstname.lastname@example.org)
Yasemin Soydaş (email@example.com)
Deans and directors from throughout the Global Network for Advanced Management met at the Indian Institute of Management-Bangalore November 15-17.
At the meeting, deans welcomed representatives from the University of California Berkeley’s Haas School of Business, the network’s newest school. Berkeley Haas is the network’s 28th member school and the second in the United States. The deans also discussed new network initiatives, including expanding Global Network Week modules, and a recently released survey of more than 3,700 students, which found broad support for action on climate change.
Sourav Mukherji, Dean of Programmes at IIMB, said that the school was honored to serve as host for the eighth biannual gathering of Global Network leaders. Mukherji added that the visit provided an additional opportunity for network leaders to meet with Indian executives and explore “the emergence of a new breed of entrepreneurs” who are creating businesses with a social impact focus.
“While GNAM has enabled us to deepen our engagement with multiple dimensions of internationalization, this was our opportunity to introduce to all members of GNAM various facets of India,” Mukherji said.
The deans agreed to add two new Global Network courses, making a total of nine courses that have been offered by schools since the network’s founding.
One of the new courses, “Urban Resilience: Complexity, Collaborative Structures, and Leadership Challenges” is the first to be presented by multiple schools; faculty for the course will come from five network schools, including the Sauder School of Business at the University of British Columbia, which is leading the course; EGADE Business School; University of Ghana Business School; IIMB, and the Yale School of Management. The course was created in collaboration with the Rockefeller Foundation’s 100 Resilient Cities project, which is investigating the challenges faced by cities from urbanization and climate change.
The second new course, “Political Strategies of Multinational Companies,” taught by Brazil’s FGV-EAESP, will explore the roles of governments and their interactions with businesses.
The deans and directors also discussed new opportunities for collaboration among Global Network schools and expanded executive education programs. They also considered proposals to create new Global Network Weeks taught by faculty from throughout the network at a centralized location.
For the first time, student delegations from schools also participated in the meeting. Students from IE Business School, IIMB, UCD-Smurfit, and the Yale School of Management offered feedback on network programs and recommendations for improvements.