Global Strategic Management

Description

This course evaluates the following learning outcomes: The student 1.1 (IB) analyses strategic international business strategy problem and opportunities in the global value chain. 1.2 (IB) formulates, based on scientific knowledge on and insight into the international business environment,  a well-founded solution for strategic and operational challenges in the global value chain and when doing so, takes into account the responsibility to stakeholders and the specific business context. 1.3 (IB) demonstrates critical reflection on the firm in the context of the global value chain and understands the social en environmental impact of international business. 2.1 (IB) analyses strategic international business problems and questions taking into account the specific business context, the stakeholders involved, and the global value chain in which the company operates. 2.2 (IB) formulates, based on scientific knowledge on and insight into the international business environment,  a well-founded solution for strategic and operational international business problems and questions and when doing so, takes into account the specific business context. 2.3 (IB) develops the capacity to formulate an independent view on the ethics of current and new international business practices. 3.1 (IB) collects and analyses online data in an efficient and effective way to solve international business problems. 4.1 (IB)  reflects critically on new developments en trends in international business. 4.2 (IB) interprets and analyses trends in international business and takes a well-founded position about societal global themes, taking into account the consequences for all stakeholders. 5.1 collects and consults sources and data purposefully and critically, on the basis of a given management problem or social question and takes into account the characteristics of the type of source or data used (popularizing or scientific source, primary or secondary data). 5.6 synthesizes research results acquired on the basis of a critical analysis (and integration) of information from relevant sources and data, and substantiates solutions for a complex management problem or social question. 7.3 takes initiative, is flexible, shows responsibility and can work independently in complex and unpredictable contexts. 7.4 is able to utilize his/her acquired knowledge and his/her ability to think analytically, synthetically, abstractly and/or creatively in a flexible and authentic way in specific and/or complex situations. 7.5 is critical and not afraid to question himself/herself and his/her environment. 9.1 informs experts and laymen correctly and structurally on his/her general and/or specialised knowledge, both in speaking and writing. 9.2 chooses and uses the appropriate communication channels and means and adjusts both the communication content and style to the audience and the communication goal. 9.3 communicates convincingly, shortly and concisely his/her vision and actions in different contexts and accounts for his/her choices, both in speaking and writing. 9.4 substantiates clearly and convincingly. 9.5 is aware that communication is a two-way street, asks for and anticipates input or feedback of the supervisor(s), listener(s) or reader(s). 10.2 (IB) detects and interprets the continuously evolving globalisation forces and how they impact the role of the multinational enterprise. 11.1 is aware of the rapidly evolving knowledge society that he/she will enter and therefore understands the need for maintenance and improvement of acquired knowledge, skills and competences and acquisition of new knowledge, skills and competences. 11.2 is willing to improve his/her knowledge, skills and competences in order to shape his/her life professionally, personally, socially and civilly. 11.3 actively looks for opportunities to broaden and deepen his/her knowledge, skills and competences, in order to anticipate the (evolving) requirements of the work environment. More information The course provides a basis for understanding competitive behavior of firms in a rapidly changing global environment. In this module we draw on three leading perspectives in strategic management, namely, the industry-, resources-, and institution-based views and apply them to the context of the global value chain. The student will learn to apply these different perspectives in a variety of contextual settings using the equifinality principle (different strategic options can lead to high performance depending on the alignment with the competitive environment). This will allow the student to develop a broad and nuanced understanding of the subject and will provide her/him with the knowledge and tools needed to develop different strategic options in different competitive contexts. At the end of the course students are able to: ·       evaluate strategic change in global business environment and develop a profound understanding of the role of strategic leadership in the implementation of firm strat