MANAGEMT 7081 - Managing in a Global Context
North Terrace Campus - Trimester 1 - 2020
General Course Information
Course Code MANAGEMT 7081 Course Managing in a Global Context Coordinating Unit Business School Term Trimester 1 Level Postgraduate Coursework Location/s North Terrace Campus Units 3 Contact Up to 36 hours per week Available for Study Abroad and Exchange Restrictions Available to Certificate, Graduate Diploma and Master of Business Administration students only - other students must first meet with program director for enrolment approval Course Description This course will prepare you for a leadership role in the volatile, uncertain, complex and ambiguous business environment filled with possibilities. It provides an overview of the global environment and its effect on local, national and international organisations. The course also introduces core theories and frameworks that guide systematic thinking about aspects of economic, institutional, and cultural diversity that matter in the context of managing a contemporary organisation. You will develop a managerial global mindset and learn how to leverage diversity and similarity for value creation in the organisational context. In addition, you will learn to identify specific business challenges and opportunities brought about by globalisation and generate insights necessary to manage them successfully. The course content includes a guided, mindfulness-based, transformative learning journey. As an outcome of that journey, you will advance your self-awareness and build a set of skills to maintain sharp focus, create and sustain positive organisational energy and get past cognitive and emotional filters through which an untrained mind sees the world.
Course Coordinator: Dr Olga MuzychenkoDr. Olga Muzychenko
Olga Muzychenko is a lecturer at the University of Adelaide Business School where she teaches MBA and MIB courses. Her areas of expertise and research interests span across Cross-Cultural Management, Entrepreneurship and International Business. Olga's past research looked at various aspects of internationalisation of small and medium-sized enterprises, entrepreneurship education and training, management of cultural diversity, and psychological dimensions of international entrepreneurship. Her current research interest is application of mindfulness in the workplace. After commencing her academic career Olga has been retaining link with the business community acting as a consultant to small and medium sized enterprises in Europe and Australia as well as the Enterprise Development Section of the International Labour Organisation. Her professional expertise is complemented with experience of working and living in different countries such as France, Italy, the UK, Singapore, Hong Kong, China, Russia and Armenia.
The full timetable of all activities for this course can be accessed from Course Planner.
Course Learning Outcomes
1 Identify and explore the practical impact of existing diversity in cultural, political, legal and economic systems on the behaviour of different actors operating in the global economy and its effect on business activities in both local and international contexts 2 Devise and apply effective communication, collaboration and consultation strategies to engage, support and manage stakeholders of diverse backgrounds in order to achieve organisational outcomes 3 Understand, compare and contrast strategies that may be used by a firm to seize opportunities and manage challenges presented by globalisation of the world economy and international business operations 4 Analyse and interpret the process of internationalisation of an enterprise to contribute to decisions about the internationalisation of an
University Graduate Attributes
This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:
University Graduate Attribute Course Learning Outcome(s) Deep discipline knowledge
- informed and infused by cutting edge research, scaffolded throughout their program of studies
- acquired from personal interaction with research active educators, from year 1
- accredited or validated against national or international standards (for relevant programs)
1-4 Critical thinking and problem solving
- steeped in research methods and rigor
- based on empirical evidence and the scientific approach to knowledge development
- demonstrated through appropriate and relevant assessment
1-4 Teamwork and communication skills
- developed from, with, and via the SGDE
- honed through assessment and practice throughout the program of studies
- encouraged and valued in all aspects of learning
1,2 Career and leadership readiness
- technology savvy
- professional and, where relevant, fully accredited
- forward thinking and well informed
- tested and validated by work based experiences
1-4 Intercultural and ethical competency
- adept at operating in other cultures
- comfortable with different nationalities and social contexts
- able to determine and contribute to desirable social outcomes
- demonstrated by study abroad or with an understanding of indigenous knowledges
1,2 Self-awareness and emotional intelligence
- a capacity for self-reflection and a willingness to engage in self-appraisal
- open to objective and constructive feedback from supervisors and peers
- able to negotiate difficult social situations, defuse conflict and engage positively in purposeful debate
Required ResourcesCourse materials pack: Readings and case studies
Course materials posted on MyUni: Case studies, lecture notes, exercises, and library links to readings.
Bartlett, C.A. & Ghoshal, S. 1989. Managing across borders: The transnational solution. Harvard Business School, Boston, Mass.
Doz, Y., Santos, J. and Williamson, P. 2001. From Global to Metanational: How Companies Win in the Knowledge Economy, Harvard Business School Press
Dunning, J.H. 1993. Multinational Enterprises and the Global Economy, Addison Wesley.
Fukuyama, F. 1992. The end of history and the Last Man. New York: Free Press.
Ghemawat, P. 2007. Redefining global strategy: Crossing borders in a world where differences still matter. Harvard Business School Publishing.
Ghemawat, P. 2011.World 3.0: Global Prosperity and How to Achieve It. Harvard Business School Publishing.
Khanna, T. and Palepu, K. 2010. Winning in Emerging Markets: A Road Map for Strategy and Execution . Harvard Business School Publishing.
Huntington, S. P. 1996. The clash of civilizations and the remaking of the world order. New York: Simon and Schuster.
Johansson, J. 2008. Global marketing: Foreign entry, local marketing, and global management. McGraw Hill/Irwin.
Lasserre, P. and Schutte, H. 2006, Strategies for Asia Pacific: Meeting new challenges, Macmillan Business, Sydney.
Madura, J. 2002. International financial management, South-Western College Publishing, Cincinnati.
Ohmae, K. 1990. The Borderless World, Harper Business Press.
Porter, M.E. 1986. Competition in global industries. Boston: Harvard Business School Press.
Porter, M.E. 1990. The competitive advantage of nations. The Free Press, New York.
Rugman. A. 2001. The end of globalisation: Why global strategy is a myth and how to profit from the realities of regional markets. Amacom.
Sen, A. 1999. Development as freedom. New York: Alfred A. Knopf.
Stace, D. 1997. Reaching out from Down Under: Building competence for global markets. McGraw- Hill, Sydney.
Trompenaars, F., and Hampden-Turner, C. 2004. Managing people across cultures. Chichester: Capstone.
Walker, D., Walker, T. And Schmitz, J. 2003. Doing business internationally. 2 ed. McGraw-Hill
Warner, M. (ed) 2003. Culture and management in Asia. Routledge Curzon.
Yip, G. 2011, Total Global Strategy, 3rd ed, Prentice Hall- Pearson Education International.
Zeng, M. & Williamson, P.J., 2008. Dragons at your door: How Chinese cost innovation is disrupting global competition. Harvard Business School Press.
United Nations Conference on Trade and Development (UNCTAD): Annual World Investment Reports.
World Economic Forum: Annual Global Competitiveness Reports.
World Trade Organisation: Annual reports.
World Bank: Annual Reports
Academy of Management Journal
Harvard Business Review
Journal of International Business Studies
Management International Review
Journal of World Business
Databases (available online via UoA library)
Business Source Complete (EBSCO)
A very large database covering all aspects of business / commerce related subjects for over 1,200 journals some indexed back to 1886. contains a high percentage of active, peer-reviewed, business related journals Additional full text, non-journal content, includes financial data, books, conference proceedings, case studies, investment research reports, industry reports, market research reports, country reports, company profiles, SWOT analyses and more. Search tip - type "" (quotation marks if you need to find a phrase eg: "interest rates").
Products and trade names guide (B2NB) by Dun & Bradstreet
Search for products & services of Australian public and private companies, by company name, brand or UNSPSC code. Also details information on Australian companies.
AusStats Australian Bureau of Statistics website
Everything on the ABS web site is accessible free of charge. Special access arrangements apply to Confidentialised unit record files (CURFs).
Mint Global [Bureau van Dijk]
Mint Global is the ORBIS database of over 50 million companies from around the world. Includes listed and unlisted companies. The information is presented in five modules: companies, news, market research, directors and scanned reports. Export data to spreadsheets.
Osiris [Bureau van Dijk]
A fully integrated public company database ... Financial information [is included] on 57,000 listed and major unlisted/delisted companies worldwide (45,500 are non-US companies). The information includes: standardised and "as reported" financials (including restated reports), SEC filings, images of annual reports, corporate actions and dividends, detailed earnings estimates including recommendations, ownership, stock data, news and ratings.
ZEPHYR [Bureau van Dijk]
containing M&A, IPO and venture capital deals with links to detailed financial company information. ZEPHYR now contains information on over 600,000 transactions (as of December 2008). Up to 100,000 new deals are added per year. ZEPHYR has nine years of global coverage and includes deals involving European companies going back to 1997.
GMID (Global Marketing Information Database)
GMID contains over a million demographic, economic and marketing statistics for 205 countries worldwide. The database also contains 6-year historic market size data for more than 330 consumer products in 52 countries, plus 5-year forecasts.
Macroeconomic, industry and financial time series database for global emerging and developed markets. product information
A major source of international statistics and reports. Hint: click on Advanced search (under the Search for box) to add limits by date, field name or format (eg: statistics, working papers etc).
Delivers international trade statistics. See also the Statistics database of the World Trade Organization.
ViewsWire - Asia - E I U.
Analyses (including Excel spreadsheets) for each country under the following headings:-
Politics / News analysis, Background, Political structure, Outlook.
Economy / News analysis, Background, Economic structure, Latest indicators, Outlook, 5-year forecast, 5-year summary, Country risk rating, Background Data.
Finance/ News analysis, Outlook, EIU currency forecasts, Consensus currency forecast, Interest rate forecast, Equity prices, Euro exchange rate, Daily US dollar exchange rates
Business / News analysis, Background, Business environment, Outlook, Corporate strategy, Industry overview
Regulations / News analysis, Investment, Competition and price, Licensing and IP, Trade, Foreign exchange, Tax
Country forecasts / Country Risk Summary / Country briefing (see also: ViewsWire in Factiva)
World development indicators online (WDI) World Bank
Obtain country time series indicator (spreadsheets) such as: consumption, savings, education, employment, banking, health, roads, agriculture, stocks, markets etc. (see the online help).
WTO (World Trade Organization) Statistics database
The Trade Profiles section provides standard information on the structural trade situation and trade policy measures of members, observers and other selected economies. The profiles are complemented with general macroeconomic indicators. The Time Series section provides a searchable database on international trade in merchandise and commercial services.
Economist Intelligence Unit - Asia
Provides independent, authoritative analysis and forecasts on country, industry and management analysis. Note: the Library provides access to other Economist Intelligence Unit titles via the Factiva database (click on Source and search for Economist Intelligence)
GMID (Global Marketing Information Database) [Euromonitor]
GMID contains over a million demographic, economic and marketing statistics for 205 countries worldwide. The database also contains 6-year historic market size data for more
Online LearningIn preparation for each lecture please visit MyUni course site www.myuni.adelaide.edu.au to access course materials. The lecturer’s PowerPoint files and other relevant material for each session will be posted on MyUni on a regular basis. Power point lecture notes offer both a summary of important material and some supplementary information. MyUni will also be used be the lecturer to post important messages.
Learning & Teaching Activities
Learning & Teaching Modes
No information currently available.
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.The University expects full-time students (i.e. those taking 12 units per semester) to devote a total of 48 hours per week to their studies. This means that you are expected to commit approximately 9 hours in preparation for each 3 hour face to face session. This includes preparation for classes and working on assignments.
Learning Activities Summary
Learning Activities Summary Topic 1 Understanding global business context. Reference material: Course Materials and MyUni: Topic 1 Topic 2 Skills and competencies for managing in a global context. Reference material: Course Materials and MyUni: Topic 2.
Topic 3 Cultural differences in behaviour and
Reference material: Course Materials and MyUni: Topic 3.
Topic 4 Cultural differences in leadership
Reference material: Course Materials and MyUni : Topic 4.
Topic 5 Internationalisation of a firm: Creating value in a global context Reference material: Course Materials and MyUni: Topic 5.
Topics 6 Identifying international opportunities Reference material: Course Materials and MyUni: Topic 6
Topic 7 Identifying international opportunities: Understanding emerging markets Reference material: Course Materials and MyUni: Topic 7
Topic 8 Internationalisation as entrepreneurial
activity. International entry strategic decisions.
Reference material: Course Materials and MyUni: Topic 8. Case study Topic 9 Internationalisation of Services.
International outsourcing .
Reference material: Course Materials and MyUni: Topic 9.
Topic 10 Team management and conflict resolution across
cultures. Ethics in a global context.
Reference material: Course materials and MyUni: Topic 10
Topic 11 Negotiating in a global context. Reference material: Course materials and MyUni: Topic 11
Role play: instructions to be distributed in class
The University's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
Task Type Due Weighting Learning Outcome Assignment 1 Individual Country Project Report
30% Learning objectives 1, 2, 4 Assignment 2 Group Company Project (Report) See MyUni 20% Learning objectives 1,3,4 Assignment 2.B Group Company Project (Presentation) See MyUni 10% Learning objectives 1-4 Assignment 3 Individual Reflection Report See MyUni 30% Learning objectives 1,2 Class participation Ongoing 10% Learning objectives 1-4 TOTAL 100%
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SubmissionYou are required to submit your assignments as Word.doc(x) file. Please upload your file on MyUni via Turnitin. PDF files, assignments
not complying with formatting requirements, and not uploaded on Turnitin will not be accepted.
A hard copy with a signed assignment cover sheet must be submitted to the lecturer in class unless an alternative arrangement was made.
Grades for your performance in this course will be awarded in accordance with the following scheme:
M10 (Coursework Mark Scheme) Grade Mark Description FNS Fail No Submission F 1-49 Fail P 50-64 Pass C 65-74 Credit D 75-84 Distinction HD 85-100 High Distinction CN Continuing NFE No Formal Examination RP Result Pending
Further details of the grades/results can be obtained from Examinations.
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