Advised previous requirements: Business Economics and Strategic Management.
INTERNATIONAL STRATEGIC MANAGEMENT
The increasing pace of globalization has created exciting new opportunities for managers to leverage resources worldwide. This course is about challenges confronting managers and firms competing internationally. The goal is to develop an understanding of how firms use international strategy to build and sustain competitive advantage in global markets.
INTRODUCTION
Are we in a global world?
The importance of a distinctively international perspective on strategy
ISSUES ON GLOBALIZATION
Why do companies go global?
Globalization and localization?
Does distance still matter?
Global advantage
BUILDING COMPETITIVNESS
The process of internationalization
Multinational, global, and international companies
The transnational solution
Characteristics of the transnational
GLOBALIATIONS AND STRATEGIC DECISIONS
Firm scale, scope, and span
International strategic alliances and cooperative agreements
Cross-border mergers and acquisitions
Challenges of Internationalization
International Human Resources Management
Developing Coordination and Control
Managing Activities and Tasks
Bibliography:
While most of the topics will be covered in class and through papers to be passed out, strongly suggested readings include:
C.A. Bartlett and S. Ghoshal (1998). Managing across Borders, 2nd ed. Harvard Business School Press, Boston.
M.E. Porter (1990). The Competitive Advanced of Nations, The Free Press, New York.
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