Globalization of Business Enterprise

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Globalization of Business Enterprise

Coursera (CC)
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Opleiderscore: starstarstarstar_halfstar_border 7,2 Coursera (CC) heeft een gemiddelde beoordeling van 7,2 (uit 6 ervaringen)

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Beschrijving

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About this course: The majority of businesses say they want to become more global. And business leaders say that the lack of people with global intelligence is the key constraint holding them back. This course will address both gaps — at the business and the personal level, it will focus on practical strategies for dealing with the real consequences of globalization.

Created by:  IESE Business School
  • Taught by:  Pankaj Ghemawat, Professor of Strategic Management Anselmo Rubiralta Chair of Strategy and Globalization

    Department of Strategic Management
Level Beginner Language English How To Pass Pass all graded assignments to complete the course. User R…

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When you enroll for courses through Coursera you get to choose for a paid plan or for a free plan

  • Free plan: No certicification and/or audit only. You will have access to all course materials except graded items.
  • Paid plan: Commit to earning a Certificate—it's a trusted, shareable way to showcase your new skills.

About this course: The majority of businesses say they want to become more global. And business leaders say that the lack of people with global intelligence is the key constraint holding them back. This course will address both gaps — at the business and the personal level, it will focus on practical strategies for dealing with the real consequences of globalization.

Created by:  IESE Business School
  • Taught by:  Pankaj Ghemawat, Professor of Strategic Management Anselmo Rubiralta Chair of Strategy and Globalization

    Department of Strategic Management
Level Beginner Language English How To Pass Pass all graded assignments to complete the course. User Ratings 4.5 stars Average User Rating 4.5See what learners said Coursework

Each course is like an interactive textbook, featuring pre-recorded videos, quizzes and projects.

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IESE Business School For over fifty years, IESE, the graduate business school of the University of Navarra, has been at the forefront of management education, developing and inspiring business leaders who strive to make a deep, positive and lasting impact on the people, companies and society they serve.

Syllabus


WEEK 1


Week 1



Welcome to Week 1 of Globalization of Business Enterprise! We are delighted that you have chosen to take this course and look forward to engaging with you in the coming weeks, as we complete this journey through globalization together. In the following sections, you will find some important information to help you get off to a strong start in the course and to begin your learning in Week 1.


6 videos, 4 readings expand


  1. Reading: Course Overview & Syllabus
  2. Reading: About Week 1
  3. Reading: Survey - before starting the course
  4. Video: 1. How “globalized” is the world really?
  5. Video: 2. Frequently asked questions
  6. Video: 3. Why might we be prone to globaloney?
  7. Video: 4. Why do assessed levels of globalization matter? Social implications
  8. Video: 5. Why do assessed levels of globalization matter? Business implications
  9. Video: 6. Summary
  10. Discussion Prompt: Week 1 : Your Understanding of Globalization
  11. Reading: Required Reading Week 1: Globalization and Globaloney

Graded: Quiz 1

WEEK 2


Week 2 - The CAGE Distance Framework



Week 1 focused on explaining that globalization isn’t complete and why that matters. Week 2 focuses on what globalization is rather than what it isn’t: it looks at the structure of the international interactions that do take place. It turns out that the lion’s share of them are concentrated between countries that are broadly similar to each other. This session also presents a research-based framework for diagnosing cross-country differences versus similarities: the CAGE distance framework, where “CAGE” is an acronym for Cultural, Administrative (institutional and political), Geographic and Economic distances between countries


7 videos, 3 readings expand


  1. Reading: About Week 2
  2. Reading: Taking Totto Global
  3. Video: 1. Touring Times Square (New York City)
  4. Video: 2. The law of distance
  5. Video: 3. The CAGE distance framework
  6. Video: 4. Implications of the CAGE framework: Keeping distances and differences in view
  7. Video: 5. Implications of the CAGE framework: Developing strategies
  8. Video: 6. Conclusions
  9. Video: A walk through Totto’s flagship store
  10. Discussion Prompt: Week 2: CAGE Framework in Your Personal Life
  11. Reading: Required Reading Week 2:

Graded: Quiz 2

WEEK 3


Week 3 - Cultural Distance



This session will focus on the first dimension of the CAGE Distance Framework, namely Culture. Cultural distance encompasses differences in such things as religious beliefs, race/ethnicity, language, social norms and values. Our focus will be on how cultural differences at the national level affect international interactions and, particularly, international business.


5 videos, 2 readings expand


  1. Reading: About Week 3
  2. Video: 1. A Visit to La Boqueria (Barcelona, Spain)
  3. Video: 2. Cultural globaloney?
  4. Video: 3. Cultural distances and international interactions
  5. Video: 4. Deep(er) cultural differences
  6. Video: 5. Stretching across cultures
  7. Discussion Prompt: Week 3: Cultural Dimension of CAGE Framework
  8. Reading: Required Reading Week 3:

Graded: Quiz 3

WEEK 4


Week 4 - Administrative Distance



This session will focus on the second dimension of the CAGE Distance Framework, namely Administrative Distance. Administrative attributes specific to a particular country, such as autocratic policies or weak institutions and high levels of corruption, profoundly affect that country’s international connections—but so do bilateral/multilateral factors, such as whether two countries are part of the same regional trading agreement, or had a colony-colonizer relationship in the past. This session will provide you with greater insight into how differences in such respects matter, with a particular emphasis on variations in how business enterprises are structured and governed around the world.


6 videos, 3 readings expand


  1. Reading: About Week 4
  2. Video: 1. Outside the United Nations General Assembly building (New York City)
  3. Video: 2. Administrative globaloney?
  4. Video: 3. Administrative distances and international interactions
  5. Video: 4. Differences in business administration around the world
  6. Video: 5. Patterns in the differences
  7. Video: 6. Possible explanations
  8. Discussion Prompt: Week 4: Administrative Dimension of CAGE Framework
  9. Reading: Required Reading Week 4:
  10. Reading: Instructions

Graded: Quiz 4

WEEK 5


Week 5 - Geographic Distance



This session will focus on the third dimension of the CAGE Distance Framework, namely Geographic Distance. This session will look at how trade and cross-border interactions in general are influenced by physical distance, whether two countries share a common border and other geographic factors. We will also look at the significant regionalization of most cross-border interactions and discuss what underlies the strength of that effect.


5 videos, 2 readings expand


  1. Reading: About Week 5
  2. Video: 1. Geographic globaloney?
  3. Video: 2. Geographic distances and international interactions
  4. Video: 3. Regionalization
  5. Video: 4. Issues with regionalization as globalization
  6. Video: 5. Geography and the rest of CAGE
  7. Discussion Prompt: Week 5: Geographic Dimension of CAGE Framework
  8. Reading: Required Reading Week 5:

Graded: Quiz 5

WEEK 6


Week 6 - Economic Distance



This session will focus on the fourth and final dimension of the CAGE Distance Framework, namely Economic Distance. This session will look at how economic differences, particularly differences in per capita income, affect cross-border interactions. It will then focus in on emerging economies by examining the big shift of most types of economic activities towards them, how they differ from advanced economies, and whether advanced country multinationals are likely to be displaced by competitors from emerging economies as a result.


6 videos, 2 readings expand


  1. Reading: About Week 6
  2. Video: 1. Overlooking the Jet d’Eau, one of the world’s tallest fountains (Geneva, Switzerland)
  3. Video: 2. Economic globaloney?
  4. Video: 3. Economic distances and international interactions
  5. Video: 4. Emerging Economies
  6. Video: 5. The Big Shift
  7. Video: 6. Summary
  8. Discussion Prompt: Week 6: Economic Dimension of CAGE Framework
  9. Reading: Required Reading Week 6:

Graded: Quiz 6

WEEK 7


Week 7 - The Implications of Distances for Business Strategy



In this session, we will review the three broad AAA strategies for dealing with CAGE differences: Adaptation, to adjust to differences across countries to achieve some local responsiveness; Aggregation, to overcome some of the differences across countries and thereby unlock cross-border economies of scale/scope; and Arbitrage, to exploit some of the differences across countries in order to achieve absolute efficiency.


6 videos, 2 readings expand


  1. Reading: About Week 7
  2. Video: 1. Location Video: Seoul, South Korea
  3. Video: 2. Introduction to AAA Strategies
  4. Video: 3. Adaptation Strategies
  5. Video: 4. Aggregation Strategies
  6. Video: 5. Arbitrage Strategies
  7. Video: 6. Integration
  8. Discussion Prompt: Week 7: AAA Strategies
  9. Reading: Required Reading Week 7:

Graded: Quiz 7

WEEK 8


Week 8 - Globalization and You



This session, which is titled “Globalization and You”, looks at how globalization affects organizations and people, and in particular, you. We take a dual perspective, looking first at the globalization of personnel within and particularly at the top of organizations and second, at the individual or personal level.


3 videos, 3 readings expand


  1. Reading: About Week 8
  2. Video: 1. Globalization at Organizational level
  3. Video: 2. Globalization at Personal level
  4. Video: Closing Video
  5. Reading: Required Reading Week 8:
  6. Reading: Survey - Personal Assessment

Graded: Quiz Week 8

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