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Global Strategy

Global Strategy

1h 10mAdvanced2019-10-11

Authors

Anil Gupta

Anil Gupta

Leading expert on strategy, globalization, and entrepreneurship

Course details

Globalization is a double-edged sword. Global firms benefit from a larger market, scale- and location-based cost efficiencies, and exposure to a multiplicity of new product and process ideas. However, globalization also exposes firms to numerous challenges resulting from a dramatic increase in diversity, complexity, and uncertainty. This course is aimed at helping managers learn how to maximize the benefits while minimizing the costs and risks associated with global expansion. Anil K. Gupta, Michael Dingman Chair in Strategy and Globalization at The University of Maryland's Smith School, and a leading expert on global strategy, outlines the logic of global strategy and the questions you must address in order to globalize your company's market presence and leverage global resources.

Learning objectives
Why go global?
Prioritizing across the world's markets
Designing entry strategies
Frugal innovation
Leveraging global resources
Cultivating a global mindset

Skills covered

Business StrategyBusiness Analysis and StrategyLeadership and ManagementDeep Dive (X:Y)

Concepts

0. Introduction

  • 01 - Design your company's global strategy

1. The Context for Globalization

  • 02 - What is a global company
  • 03 - Why go global
  • 04 - Industry economics matter

2. Globalizing Market Presence

  • 05 - Prioritizing across markets
  • 06 - Prioritizing across country markets
  • 07 - Entering a new market safely
  • 08 - Joint venture success strategies
  • 09 - Local adaptation versus global consistency
  • 10 - Emerging markets and frugal innovation

3. Leveraging Global Resources

  • 11 - Optimizing value chain architecture
  • 12 - Optimizing location choice
  • 13 - Ensuring global coordination

4. Consider Your Global Journey

  • 14 - Globalizing the young venture
  • 15 - Cultivating a global mindset
  • 16 - Resources

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