INB400 Global Strategy and Management
In the course we will explore the various organizational structures employed by MNCs, the cultural and institutional challenges they face, the challenge of transferring HRM systems across different national settings, knowledge transfer and the ethical challenges involved in operating internationally. This will be done through lectures, cases and the writing of term papers.
Case discussions and presentations:
The philosophy of the course is that theory should be illustrated by rich, in-depth cases. The course makes use of a range of cases that have, for the most part, been developed especially for the course. Students are assigned to case-groups each of which has the responsibility for presenting and leading the discussion of a particular case.
Each student will also join a term-paper group comprising at least three different nationalities. The term-paper will relate theory derived from the course to challenges confronting a particular MNC. Although the paper will be theory driven, part of the exercise is to provide solutions that might be applied by the MNC. Topics for the term paper may include:
- organizational structures;
- cultural challenges;
- knowledge management;
- ethics and corporate social responsibility
- MNC entry strategies;
The focus of this course is the management challenges that managers in multinational corporations (MNCs) face in areas such as strategy, internationalization, management of human resources, knowledge transfers. In particular, we focus on the challenges that arise as MNCs operates across different cultures, administrative regimes, geographies and economic environment.
General learning outcomes:
Knowledge - the candidate
-has advanced knowledge within the field of Global Strategy and Management. The student will have a thorough knowledge of the scholarly theories in Global Strategy and Management and be able to use these theories to identify important strategic and managerial challenges.
-has the ability to reflect in a critically manner on different solutions to managerial challenges
Skills - the candidate
-has developed both academic and consulting skills in applying these theories to in-depth cases
-has strong competencies in presentational skills
-has the ability to work in multicultural teams and deal with unstructured problems solved under some time pressure
-has the ability to analyze existing theories, methods and interpretations in the field and work independently on practical and theoretical problems
General competence - the candidate
-can analyze and deal critically with various sources of information and use them to structure and formulate scholarly arguments
-can use relevant methods for research and scholarly development work in an independent manner
-can carry out an independent, limited research or development project under supervision and in accordance with applicable norms for research ethics
-can communicate extensive independent work and master language and terminology of the academic field
As well as lectures, this course makes extensive use of case discussions and presentations.
The course makes use of a range of cases that have, for the most part, been developed especially for the course.
Students are assigned to groups each of which has the responsibility for presenting and leading the discussion of a particular case and develop a termpaper. Each group should comprise at least three different nationalities. The term-paper will relate theory derived from the course to challenges confronting a particular MNC. Although the paper will be theory driven, part of the exercise is to provide solutions that might be applied by the MNC.
Please note - for purely pedagogical and logistical reasons due to the special work modus in the course - no places for the course will be awarded after the first two lectures.
Good English verbal and writing skills.
Credit reduction due to overlap
Students who have taken INB422 International Strategy cannot get credit for INB400 Global Stategy and Management (from Spring 2018).
Requirements for course approval
In addition to regular attendance (an absence from three lectures will result in having to write an essay, and an absence of four lectures in being excluded from the course) all students must be involved in one case presentation and one term paper.
The course approval is valid only for the semester in which the student participated in the course.
The final grade is calculated as follows:
Element i) Group term paper - 40%
Group size: 3-5 students, preferably from three different countries.
Element ii) Written School exam (3 hour) - 60 %
Both parts have to be taken in the same semester and it is not possible to retake the elements separately. In order to retake the course, students must obtain new course approval.
Grading scale A - F.
Gooderham, Paul, Grogaard, Birgitte and Nordhaug, Odd (2013). International Management (Edward Elgar): available from Studia, Amazon etc.
"This book focuses on the challenges facing MNCs who are `playing away from home¿ in different institutional frameworks and complex cultural contexts. In each chapter the authors provide a clear exposition and critique of the current literature followed by a sophisticated case study that highlights the key challenges and dilemmas faced by MNCs in dynamic environments. Through a combination of solid theory and rich cases this book provides a fresh and important contribution to the discipline and will be invaluable for academics, postgraduate students and practitioners."
- Professor Pauline Stanton, Victoria University Melbourne, Australia
- ECTS Credits
- Teaching language
Autumn and Spring. Not offered spring 2019.
Kirsten Foss, Department of Strategy and Management.