Advanced Topics in International Management (GRAV028)

Course description

This course is intended to be challenging and exciting. It is first and foremost a course about “strategy” and about “managing for success”. The course centers around the theme that a company achieves sustained success if and only if its managers (1) have an astute, timely strategic game plan for running the company, and (2) implement and execute the plan with proficiency. We shall explore in some depth how and why a well-conceived and well-executed strategy nearly always enhances a company’s long-term performance. We will also look at the reasons why successful companies fail in a long run. This course will encourage you to synthesize all the knowledge you gained at undergraduate and graduate levels. It is my hope that having finished this course you will have a better understanding of what it takes to lead and run a successful company in a global and dynamic environment.

Course objectives

This course is designed to develop your capacity to think strategically about a company, its present business position, its long-term direction, its resources and competitive capabilities, the caliber of its strategy, and its opportunities for gaining sustainable competitive advantage. It will also aim at integrating the knowledge gained in earlier core courses in the business school curriculum, show you how the various pieces of the business puzzle fit together, and demonstrate why the different parts of a business need to be managed in strategic harmony for the organization to operate in winning fashion.

Learning outcomes

  • To build students’ skills in conducting strategic analysis in a variety of industries and competitive situations and, especially, to provide them with a stronger understanding of the competitive challenges of a global market environment.
  • To give students hands-on experience in crafting business strategy, reasoning carefully about strategic options, using what-if analysis to evaluate action alternatives, and making sound strategic decisions.
  • To acquaint students with the managerial tasks associated with implementing and executing company strategies, drill them in the range of actions managers can take to promote competent strategy execution, and give participants some confidence in being able to function effectively as part of a company’s strategy-implementing team.
  • To develop students’ powers of managerial judgment, help them learn how to assess business risk, and improve their ability to make sound business decisions and achieve effective outcomes.
  • To help participants become more proficient in using personal computers to do managerial analysis and managerial work.
  • To make students more conscious about the importance of exemplary ethical principles, sound personal and company values, and socially responsible management practices.