Course Description
The growth of international trade in goods and services, the large increase in capital flows and the dominance of much of world economic activity by very large multinational companies has focused attention on the process of globalization. Interest in globalization is stimulated by a number of developments (e.g., trade liberalization, the appearance of new trading nations like China and South-East Asia, regional integration blocs like the European Union, and fundamental technological developments) that appear to be squeezing the world into one large interconnected economic system.
This course introduces you to the basic concepts in management theory for creating worldclass learning organizations which are characterized by continuous improvement, creative human resource management techniques, flexible arrangements, and an egalitarian work climate, all within a global context. The essential concepts and methods of international management will be discussed using a decision-oriented approach. Through lectures and class participation we will approach problems being characteristic for international management.
Learning Outcomes
This course is designed to build knowledge and skills related to managing business in a global context. The students should gain a thorough understanding of the major driving forces of globalization and its impact on people, organizations and countries. The class will provide a theoretical and practical basis for conducting effective global business and communication.
By taking this course, students will be able to:
- assess the impact of national and international trade policies and its impact on company strategy and performance
- perform in-depth analysis of global business strategies
- examine the role of managing cultural synergy within the global business environment with emphasis on organizational and interpersonal communication and negotiation skills, and, develop an understanding of cultures and the role they play in communicating and negotiating effectively in a global business environment
This course combines lecture, case analyses, experiential exercises, and class discussion to foster learning. Students are expected to demonstrate mastery of specific course concepts and apply them in exercises with classmates and in various organizational situations.
