GRA 8241 EU and Latin American Business Trends (2019/2020)

GRA 8241 EU and Latin American Business Trends (2019/2020)

Course code: 
GRA 8241
Department: 
Leadership and Organizational Behaviour
Credits: 
6
Course coordinator: 
Anders Dysvik
Course name in Norwegian: 
EU and Latin American Business Trends (2019/2020)
Product category: 
Executive
Portfolio: 
EMBA Global - Programme Courses
Semester: 
2019 Spring
Active status: 
Active
Teaching language: 
English
Course type: 
One semester
Introduction

The world is changing at an ever-faster rate. “The 21st Century,” as Newsweek editor Fareed Zakaria has remarked, “will be the century of change. More things will change in more places in the next 10 years than in the previous 100.” Indeed, in a world that is increasingly flat, with rapid and perpetual technological change, and massive social and environmental challenges, securing long-term competitive advantage is harder than ever. In this context, “going global” is no longer a choice for leading companies – it is a necessity.

Operating globally and becoming a truly global enterprise is no easy undertaking. Economic realities and dynamics continue to differ among major markets. Add to that strongly diverging political, social, and regulatory conditions that impede the simple transplantation of a successful business model from one market to another.A particular challenge in this respect is the case of global brand building. To master these daunting challenges, companies need managers who understand cross-cultural differences and who can think outside the box – in short, they need innovative cosmopolitan leaders.

Learning outcomes - Knowledge

Evaluate issues and forces that executive encounter when their firms operate in the global arena with specific emphasis on European Union and Latin America.

Learning outcomes - Skills

Develop and implement successful global strategies.

Learning Outcome - Reflection

Reflection on finding the right balance between global integration and local responsiveness when formulating and implementing global strategies.

Course content

The program consists of seven blocks:

Latin America Economic Outlook surveys current economic trends in this major region and highlights repercussions for Latin America-operating enterprises.

European Union introduces participants to the institutions of the European Union and the economic implications of the “European project” in Europe and beyond.

Going Global provides an integrative vision as it explores the full implications of internationalisation from a market, strategy and organisational perspective, as illustrated by the experience of Spanish multinationals in Latin America.

Value Creation and Strategic Change highlights the most recent thinking about how firms create and capture value and pays particular attention to the strategic drivers and challenges of internationalization.

Business, Government & Society focuses on the nonmarket forces that increasingly shape the business environment of globally-operating companies and introduces participants to the process of nonmarket strategy formulation and implementation.

National Champions in Global Markets, finally, enables participants to obtain important insights into the drivers and dynamics of contemporary European industrial policy in an age of market globalization and to explore strategies for managing in high stakes political settings. This track will also provide an opportunity to contemplate more broadly the evolving relationship of state and market and its implications for both business and government in the context of the current financial crisis.

Learning process and requirements to students

The course contains sessions led by IE Business School Faculty designed to enable participants to gain first-hand experience of issues covered in the program.1 ECTS credit corresponds to a workload of 26-30 hours. 

Attendance to all sessions in the course is compulsory. If you have to miss part(s) of the course you must ask in advance for leave of absence. More than 25% absence in a course will require retaking the entire course. It's the student's own responsibility to obtain any information provided in class that is not included on the course homepage/ It's learning or other course materials.

This is a course with continuous assessment (several exam components) and one final exam code. Each exam component will be graded using points on a scale 0 -100. The components will be weighted together according to the information in the course description in order to calculate the final letter grade for the course. Students who fail to participate in one/some/all exam components will get a lower grade or may fail the course. Candidates may be called in for an oral hearing as a verification/control of written assignments.

Specific information regarding the points system and the mapping scale beyond the information given in the course description will be provided in class. This information may be relevant for requirements for term papers or other hand-ins, and/or where class participation can be one of several elements of the overall evaluation.

The course is a part of a full Executive MBA programme and examination in all courses must be passed in order to obtain a certificate.

Software tools
No specified computer-based tools are required.
Qualifications

Granted admission to the EMBA programme. Please consult our student regulations.

Exam categoryWeightInvigilationDurationGroupingComment exam
Exam category:
Activity
Form of assessment:
Class participation
Exam code:
GRA 82411
Grading scale:
Point scale
Grading rules:
Internal examiner with external supervisor
Resit:
All components must, as a main rule, be retaken during next scheduled course
50No -Individual 50% individual class participation
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
GRA 82411
Grading scale:
Point scale
Grading rules:
Internal examiner with external supervisor
Resit:
All components must, as a main rule, be retaken during next scheduled course
50No1 Semester(s)Group (2 - 8)50% group assignment
Exams:
Exam category:Activity
Form of assessment:Class participation
Weight:50
Invigilation:No
Grouping (size):Individual
Duration: -
Comment:50% individual class participation
Exam code:GRA 82411
Grading scale:Point scale
Resit:All components must, as a main rule, be retaken during next scheduled course
Exam category:Submission
Form of assessment:Written submission
Weight:50
Invigilation:No
Grouping (size):Group (2-8)
Duration:1 Semester(s)
Comment:50% group assignment
Exam code:GRA 82411
Grading scale:Point scale
Resit:All components must, as a main rule, be retaken during next scheduled course
Exam organisation: 
Continuous assessment
Total weight: 
100
Sum workload: 
0

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 6 ECTS credits corresponds to a workload of at least 160 hours.