International Strategy & Multinational Corporation Course Presentation 2015-2016 1 Who? Salvatore Sciascia ssciascia@liuc.it Lectures and case discussion Fabio Papa fpapa@liuc.it Tutoring and evaluation 2 What? Topics Book Enviroment Strategy Organization Entry Strategy & Alliances Culture Ethics HRM “International Business: Competing in the Global Marketplace” (by Charles W. L. Hill; publ. by McGrawHill) 3 What? Book An italian version of the book is available!! However, the chapter on Human Resources Management (HRM) has not been translated 4 When and Where? Friday morning (usually… 3 exeptions are in the detailed program in bold) The classroom is flexible: please, check the LIUC schedule Virtual room for course materials in MyLIUC 5 6 How? Lectures + Case discussions The 3 cases to be discussed are included in a document uploaded among the course materials. Bring it with you in class P&G Black and Diebold Decker Written Group Work + Presentation "Tell me, and I will forget. Show me, and I may remember. Involve me, and I will understand." Confucius, 450 b.C. 7 Detailed Program DAY TIME 1 9-oct 9-12 2 16-oct 9-13 3 23-oct 27-oct 4 (tuesday) 9-12 5 Course presentation + Analyzing the global competitive and social environment The strategy of multinational corporations – part I The strategy of multinational corporations – part II + Procter & Gamble 1 13 13 9-13 Hands on projects (with F.Papa) The strategy-structure coherence in multinational corporations + Black & Decker 14 6-nov 12-nov 7 (thursday) 9-13 Entry strategies + Diebold 15 9-12 8 13-nov 9-13 Hands on projects (with F.Papa) Managing cultural diversity in multinational corporations + Ethics in multinational corporations 4, 5 9 20-nov 14-17 10 27-nov 9-13 The strategy-HRM coherence in multinational corporations 11 04-dec 9-13 Groupworks presentations and discussion 12 11-dec 9-13 Groupworks presentations and discussion 13 18-dec 9-10 30-oct 6 9-12 CONTENTS Hill’s Chapters Hands on projects (with F.Papa) Written Exam (with F.Papa) 19 Examination Written Exam on Hill’s book chapters (65%)* Attendees? YES: Written Group Work to be delivered and presented (35%) 1 shot: dec 4 NO: Written Exam on Lasserre’s book chapters (35%)* * you can take it on December 18 or in any other subsequent session during the academic year 9 Attending the course We will check your presence in class (you need to be present at more than 5 sessions - out of the first 10 sessions – to be considered an attendee) Learning by attending the course is more effective than learning through the pages of the book – for several reasons If you decide to follow the course notes are crucial: if you skip a lecture, ask notes to your collegues flexibility on course schedule is requested you can’t forget that your written group work has 2 precise deadlines the teachers will not intervene into the dynamics of the group – develop an integration capability is part of the learning experience 10 Non attendees 7 Chapters from Hill (65%) 5 Chapters from Lasserre’s «Global Strategic Management» (35%) Global Strategic Alliances Global M&A Global Operations Global Innovation Global Trends 11 Group Work Choose a company in order to analyze and evaluate international strategic choices Large firms Fast growing firms Well known firms 12 Last years… B-Ticino, Burberry, Buzzi, Campari, Danone, Ferrari Wines, Fiat, Geox, Go-Pro, Kering, Nestlè, Lindt, Nike, Perfetti, Prada, Samsung, Illy, Tiffany, Versace, Yamamay You cannot choose these companies… 13 Group Work Define a group of 6-7 students (mix backgrounds!) Teams’ composition and subject of analysis (case or topic) are to be notified to in class (before Oct 23) The title of the group project is defined on a FIFO (FCFS) policy A hard work, but… “If you want to walk fast, walk alone; if you want to walk far, walk with others” (African saying) 14 Group Work The output should be structured in 7 sections 1. 2. 3. 4. 5. 6. 7. A brief overview of the company Results Competitive Situation Strategic Choices Organizational Choices Other specific issues (ethics/culture/entry strategies etc.) IF they influenced results Conclusions 15 Group Work Look for information on internet and in the library (electronic first! Data Bases of articles available!) The expected output is a .ppt file (20-30 slides) to be presented in 20 minutes; you are free to choose the group members that will present the work You are invited to use the space under the slides Files and papers are expected to be delivered on December 4 in order to be considered attendees 16 Group Work Deliver the document in two forms: paper + .ppt file Only on December 4 you will discover which group will present on the same day or later. The date of presentation does not influence our evaluation (you deliver file and paper on the same day) Only for attendees, there will be a question on one of the presented companies (to be chosen among 2 – you cannot answer on your company) 17 Language Lectures will be given in English The group work must be written and presented in English The written exam is in English, meaning that questions will be in English and answers must be given in English (unless you are an Italian student attending a degree delivered in Italian) 18