Emerging Markets 2013 Agenda All on-campus sessions meet in KSB 118 unless otherwise noted Sunday, May 12 REGISTRATION & ORIENTATION Dress code: Business Casual 2:00pm-2:30pm: Registration and non-AU student orientation at Kogod School of Business, Student Lounge (in front of Kogod Center for Career Development) Campus tour, resources, (non-AU students only) 2:30pm – 3:30pm: KGMI Orientation & Case Review Professor Ghiyath Nakshbendi, Director of KGMI, Executive in Residence, International Business Department Welcome and overview of the entire week of the KGMI, including a review of student expectations, responsibilities, and deliverables. 3:30pm – 5:00pm: Introduction to Globalization and Emerging Markets Professor Frank DuBois Students will develop a stronger appreciation and understanding of the role that emerging markets are playing in the development of the growth strategies of multinational enterprises. In addition, attention will be focused on the growth of emerging market based “mini-multinationals” that have risen to challenge traditional notions of global competition. This module will set the stage for discussions to follow later in the week. 5:00pm – 6:00pm: Team Meeting time and Pizza dinner Remainder of evening free for assignments and case preparation Monday, May 13 ON-CAMPUS SESSIONS Dress code: Business Casual 8:30am- 12:00pm: Global Supply Chain and Emerging Markets Professor Ayman Omar This module aims to prepare experienced business leaders for the strategic and operational challenges of designing, planning, and implementing global supply chain strategies and structures, specifically within the context of emerging markets. Coursework will address the following questions: • What are the current global supply chain issues facing corporations operating in emerging markets? • What are the trade-offs involved in key strategic and operational supply chain decisions? • How can corporations design and structure their global supply chains to develop a sustainable competitive advantage? 12:00pm – 1:00pm: Lunch on Your Own 1:00pm – 4:30pm Entrepreneurial Strategic Leadership for SME’s Professor Richard Linowes Remainder of evening free for assignments and case preparation Tuesday, May 14 ON-CAMPUS SESSIONS, & GUEST SPEAKER Dress code: Business Casual 9:00am - 12:30pm: Managing Risk in Emerging Markets Jennifer Oetzel The objective of this module is to discuss the various political and economic risks of doing business in emerging markets. As part of our discussion, we will begin with an overview of the types of risks faced by firms today and discuss possible approaches to identifying and managing these risks. Next, we will take a real world case where a company, R.R. Donnelley, must weigh different foreign investment options. Various political and economic risks play a major role in deciding which venture to choose. 12:30pm – 1:30pm: Lunch on Your Own 1:30pm – 5:00pm: Sovereign Wealth Funds and Project Finance Professor Ghiyath Nakshbendi This module covers the history and the origin of the Sovereign Wealth Funds (SWFs), the rationale for their existence, their investment policies and how they impact the economy of their region and the world. The the discussion will address the entire cycle of issues and activities in the field of project finance, especially as practiced in emerging markets. From the emergence of the field to how to analyze a project and secure the necessary financing and managing its risk. Also, examining the techniques that are in use by multinational institutions such as the IFC, to conduct stand-alone private sector projects. The module will be concluded by addressing the relationships between SWFs and economic development through project finance. Remainder of evening free for assignments and case preparation Wednesday, May 15 SITE VISITS, & NETWORKING RECEPTION Dress code: Business Professional Bring ID for site visits 9:00am – 9:30am: Meet in Student Lounge 9:30am – 10:00am: Travel to The International Finance Corporation 10:00am – 11:00am: The International Finance Corporation 2121 Pennsylvania Ave, NW, Washington, D.C. The IFC, a member of the World Bank Group, invests in for-profit and commercial sector projects which promote development and work to reduce poverty around the world. 11:15am – 12:30pm: Lunch on own in downtown DC 12:30 pm: Board Bus 1:00pm-2:00pm The Overseas Private Investment Corporation 1100 New York Avenue, NW, Washington, D.C. OPIC is the development finance institution of the US Government. It mobilizes private capital to help solve critical development challenges. OPIC achieves its mission by providing investors with financing, guarantees, and support for private equity investment funds. 2:15pm – 2:45pm Travel back to AU campus 3:00pm – 5:00pm: Team Meetings 5:30pm – 6:30pm: Keynote Speaker Dr. Caroline Freund, Chief Economist, Middle East and North Africa, The World Bank Caroline Freund is the Chief Economist in the Middle East and North Africa Region of the World Bank. Ms. Freund has worked on economic growth, international trade, and international finance, and her work covers the developing world and transition countries. Ms. Freund is the author of numerous academic and policy papers on international trade, development, and current account adjustment. Her work has appeared in journals such as the American Economic Review, the Quarterly Journal of Economics and the Journal of International Economics. She is known for her theoretical and empirical work on regionalism, highlighting potential gains, and for identifying cutoffs and characteristics of current account adjustment. Ms. Freund is ranked among the top 5% of economists by RePec and is in the top 100 female economists. 6:30pm – 8:00pm: KGMI Networking Reception, on “The Curve” outside KSB Faculty, students and professionals have the opportunity to network over refreshments Remainder of evening free for assignments and case preparation Thursday, May 16 ON-CAMPUS SESSIONS Dress code: Business Casual 9:00am 12:30pm: Global R&D and Technology Transfer in Emerging Markets Professor Tomasz Mroczkowski Students will examine the evolution of innovation and forms of technology transfer to emerging markets, protecting the transfer of intellectual property, technology transfer strategies and the role of the multinational enterprise. 12:30pm – 1:30pm: Lunch on Your Own 1:30pm – 5:00pm: BRIC in 2050: A new Economic and Political Order Professor Robert Sicina Scenario planning is used to create plausible alternative futures for the major emerging market countries (BRIC) and G 6 countries using the Goldman Sachs defining work on BRIC as a backdrop. The trends, driving forces and key uncertainties likely to prevail over the next decades in this arena are described and then used to create scenarios in a process that will broaden students thinking about the future of BRIC and the G6. Remainder of evening free for assignments and case preparation Friday, May 20 EMBASSY PANEL, ON-CAMPUS SESSION Dress code: Business Professional Please have ID for Embassy visit 8:30am : Board Bus 9:00am – 11:30am: Embassy Panel, Royal Embassy of the Kingdom of Saudi Arabia Moderated by Professor Ghiyath Nakshbendi Representatives from the Embassies of Saudi Arabia, Romania, Vietnam, and Malaysia will be present. 11:30am: Return to campus 11:45am – 12:30pm: Lunch on own 12:30 -4:00 pm: Corporate Responsibility in Emerging Markets Michelle Westermann-Behaylo 4:15 -5:00pm: Case Competition Practice Runs Remainder of evening free for case preparation and rehearsal for case competition on Saturday Saturday, May 18 CASE COMPETITION, CLOSING LUNCHEON 9:00am-12:00pm: Case Competition Team Presentations 12:00pm-1:00pm: Closing Lunch and ceremony, Student Lounge