Spring

None

The module aims to provide participants with both a theoretical and practical understanding of how corporate strategy can be formulat ed in the light of environmental and internal conditions and requirements. More specifically, the module equips participants with a framework for understanding corporate strategy as complex business activity in an interdisciplinary context and in the context of a global competitive market forces.

Learning outcomes are categorised as:

• knowledge and understanding (K/U)
• intellectual/cognitive skills (I/C)
• practical/professional skills (P/P)
• transferable skills

On successful completion of this module the students will be able to:

• Understand the key issues in developing a global strategy for business and the implications on international business operations
• Think both theoretically and strategically about business
• Evaluate critically business facts and business research data
• Integrate specialist knowledge, theory and practice into a strategic and dynamic overview of the organisation in its environmental context
• Handle complex business problems systematically, holistically and with originality, insight and critical reflection

• Managing Globalisation - ethics, comparative culture and the dynamic changes of the global business environment
• Foreign Market Entry Strategies
• Operations of the Global Firms
• Strategic Process and Strategic Analysis
• Business Models and Strategic Development
• M&A, Strategic Alliances and Business Networks
• Comparative Corporate Governance

The teaching and Learning strategy is designed to facilitate the introduction of the module content in an interactive context. Although the U-Learn will bare the duty of conveying concept definitions and theoretical frameworks, lectures and seminars will facilitate the application to practical business cases.

The teaching and learning methods include:

• ULearn: This identifies the issues within all the topic areas listed in the learning outcomes and directs students to the relevant reading in the set textbooks and in journal articles. It also includes cases additional reading materials and learning style based exercises which provide the student with an opportunity to apply and evaluate the theories and to develop strategic capabilities.
• Lectures/seminars/workshops: The lectures enable students to understand, to make use of and apply models, concepts and theories. The lectures are also used to compare and discuss different concepts and theories and to discuss the issues which integrate different topics. The seminars and workshops are used to apply models and theories to case studies of scenaios.
• Virtual working teams: Students may be assigned to a team across different cohorts with the main task to co-ordinate business research on a small scale. Each team will be required to address selected research questions and to build a group case study. The group projects will be discussed in the seminars and in the virtual discussion forums.

Students are directed to relevant reading in the set texts and in journal articles

Core Text

Mellahi, K, Frynas, G. Finlay, P. (2005) Global Strategic Management. Oxford: Oxford University Press.

Recommended

Bartlett, C.A. and Ghoshal, S. (2002). Managing across borders: the translational solution. Harvard Business School Press

Bartlett, C.A., Ghoshal, S. & Birkinshaw, J. (2004) Translational Management: Text, Cases and Readings in Cross-Boarder Management, 4/E, McGraw-Hill.

Beamish, P.W., Morrison, A.J., Inkpen, A.C. and Rosenzweig, P.M. (2003) International Management: Text and Cases, 5/E. McGraw-Hill

Daniels, J.D., Radebaugh, L.H. and Sullivan, D.P. (2004). International Business: Environments and Operations. 10th Edition, Pearson Prentice Hall.

Dunung, S.P. (1998). Doing Business in Asia: the Complete guide. 2nd edition, San Francisco: Jossey-Bass

Hill. C.W.L. (2005) International Business: Competing in the Global Marketplace, McGraw-Hill, 5th edition.

Hitt, M. A., Ireland, R. D. and Hoskisson, R.E. (2001), Strategic Management: Competiveness and Globalisation, 4th edition, Cincinnati, USA: South-Western College Publishing. ISBN: 0-324-01731-6

Hodgetts, R.M. & Luthans, F. (2003) International Management: Culture, Strategy and Behaviour, 5/E, McGraw-Hill

Lasserre, Philippe (2003) Global Strategic Management. Palgrave Macmillan.

Rugman, A.M. and Hodgetts, R.M. (2002). International Business: A Strategic Management Approach Prentice Hall

Stonehouse, George, Campbell, David, Hamill, Jim, Purdie, Tony (2004) Global and Transnational Business: Strategy and Management. 2nd edition, John Wiley & Sons

Tayeb, M. (2000). International Business: Theories, Policies and Practices. Prentice Hall

Todeva, E. (2006) Business Networks: Strategy and Structure, Taylor & Francis

Vernon, R. (2000). In the Hurricane's Eye: The Troubled Prospects of Multinational Enterprises. Cambridge, Mass: Harvard University Press.

Suggested Additional Reading

Ackermann, F. and Eden C. (1998), Making Strategy: The Journey of Strategic Management, 1st edition, London: Sage Publications Ltd. ISBN: 076195225X

Albrecht, Maryann (Editor). (2000). International HRM: Readings and Cases in Human Resource Management. Blackwell Publishers

Arnold, G. (2002), Corporate Financial Management, 2nd edition, Harlow: Pearson Education. ISBN: 027365148X

Carroll, S.J. and Gannon, M.J. (1997). Ethical dimensions of international management. Thousand Oaks, Sage Publications

Dunning, J.H. (1995). The Globalization of Business, Routledge

Lynch, R. (2000), Corporate Strategy, 2nd Ed., Harlow, UK: Prentice Hall: ISBN: 0-273-64303-7

Shapiro, Alan C. (2002). Multinational Financial Management. John Wiley & Sons

Tavlas, George. (2003) "The Economics of Exchange-Rate Regimes: A Review Essay". World Economy, Aug, Vol. 26 Issue 8

Vernon-Wortzel, H. and Wortzel, L. H. (1997), Strategic Management in a Global Economy, New York: John Wiley & Sons Inc. 0-471-15873-9

Wheelan, T. J and Hunger, J.D. (2002), Strategic Management and Business Policy, 8th edition, New Jersey: Prentice Hall. ISBN: 0-13-0651 21-4

Journals and Business Magazines

Academy of Management Executive
Academy of Management Journal
Administrative Science Quarterly
British Journal of Management
California Management Review
European Journal of Management
Harvard Business Review
Journal of General Management
Journal of Management Studies
Long Range Planning
Management Decision
Sloan Management Review
Strategic Management Journal
Business Week
Economist
Manangement Today
Academy of Management Review
Columbia Journal of World Business
Export Today
International Business Review
International Journal of Human Resource Management
International Journal of Operations and Production Management
International Marketing Review
International Studies of Management & Organisation
Journal of Global Marketing
Journal of International Business Studies
Journal of International Management
Management International Review
Overseas Trade
Quality Daily and Weekly Press (e.g. Figaro Economie, Financial Times, Frankfurter Allgemeine, Business Week, Local Global, Der Spiegel....)

Internet Resources

http://knowledge.insead.edu/
http://www.hoovers.com/feature/block/detail/0,2417,18_1757,00.html
http://www.sciencedirect.com/ 
http://www.alliancestrategy.com/MainPages/Resources/DataSources.shtml 
http://www.brint.com/ 
http://hbsworkingknowledge.hbs.edu/topic.jhtml?t=strategy 
http://www.dti.gov.uk/ 
http://www.keynote.co.uk 
http://www.nytimes.com/pages/business/index.html 
http://globaledge.edu/ 
http://www.countyname.com/ (e.g. www.france.com )
http://www.undp.org/undp_data.html  
http://www.ic.gov/ 
http://www.worldbank.org/html 

There are a number of useful and important web-links already posted on the ULearn website. You are strongly encouraged to try all of them and explore what information they contain for different purposes. The use of various business websites is also encouraged, although sole reliance on internet source is not recommended.

19/03/2008