GITAM INSTITUTE OF MANAGEMENT GITAM UNIVERSITY LESSON PLAN INTERNATIONAL MANAGEMENT

Faculty: K P C KISHAN, Associate Professor The study of international management is gaining importance as the world becoming more globalized. The course is anchored on three important premises: (a) that businesses, big or small, are becoming more and more international in their scope; (b) that managing such businesses requires a firm understanding of the international business environment; and (c) that managers have a choice of strategies to pursue to achieve organizational success in a global setting. The course looks at the managerial issues associated with alternative forms of international businessexporting and importing, licensing and franchising, strategic alliance, and foreign direct investmentand the human resource issues associated with a firms expansion into international business. The course highlights how managers in firms engaged in international business are affected by key environmental factors, such as politics and culture, and how they approach and resolve the differences and difficulties posed by international business opportunities and competition. STUDENT LEARNING OBJECTIVES At the end of course, students would be able to: Distinguish between different cultural frameworks as well as apply these frameworks and relevant dimensions to real-world examples. Differentiate between different organizational strategies, structures, and entry modes Recognize cross-cultural communication differences as well as challenges in cross-cultural negotiations Apply motivational and leadership theories across cultures Discuss major international human resource issues facing MNEs and their employees

RECOMMENDED TEXT BOOK International Management. Richard Mead, Tim G. Andrews, 2009. Wiley. REFERENCE BOOKS 1. International Management: Managing Across Borders and Cultures, Text and Cases, 2010. Helen Deresky. Prentice Hall 2. Management Across Cultures. Challenges and Strategies. Richard M. Steers, Carlos J. Sanchez-Runde , Luciara Nardon, 2010. Cambridge University Press SESSION-WISE PLAN
Session 1 2 3 4 5 6 7 8 9 10 11 12 Topic Overview of International Management Globalization and Localization International Business Environment Implications for Manager doing business internationally Analyzing Cultures and comparisons Various Models on different Cultures Case on Nike Impact of Culture on communication Managing Negotiations Motivational issues Formal & Informal Structure Politics Reading/Assignment Read Chapter 13 Read Chapter 1 & 5 Read Chapter 2 & 3 Read Chapter 4 VIDEO CASE - Gung ho Read Case in XLEARN Read Chapter 6 QUIZ 1 Read Chapter 8 Read Chapter 7, Read Chapter 9 & 10 Read Chapter 11

13 14 15 16 17 18 19 20 21 22 23 24 25

Entry Strategies and Planning Implementing Strategies Risk Management & Control Managing HR Ethics & CSR Case study Internationalization of Indian companies Indian Government Policies Challenges and opportunities for Indian companies Student Presentations Student Presentations Student Presentations Student Presentations

Quiz 2 Read Chapter 15 Read Chapter 18 Read Chapter 19 & 20 Read Chapter 24 To be announced Read handout Submission of TERM PAPER Quiz 3 Submission of TERM PAPER

CONTINUOUS EVALUATION 40 marks

1. VIDEO CASE 3 marks

1. Watch complete movie Gung ho at www.youtube.com/watch?v=4GmQiwDPYoo 2. Submit notes (1-2 pages own handwritten) by comparing and contrasting American and Japanese management styles for class discussion. 3. Grading will be based on the submitted note and participation in the class.
2. TERM PAPER 7 marks

Each team of four to six will work together on a Foreign Direct Investment project. Each student team imagines that they report to the senior vice president for global strategy. The SVP requests that you conduct a masterful analysis of a potential foreign direct investment with respect to a particular country, paying attention to sectoral and global competitive circumstances, real and potential customers, the competitive circumstances in the country, exchange rate considerations, and other modes for accessing the market. Please go beyond international economics by considering how the companys organizational capacities lend themselves (or not) to a successful investment given the countrys foreign direct investment climate, which includes financial, law and regulatory, political, social, and cultural issues. Each team will choose a real company and a target country. Gather all relevant information and data from the company itself, government and multilateral institution sources, media reports, and any other credible sources. Please footnote and cite sources, and please include relevant course reading where possible. The company may be from any industry sector, manufacturing or service. Any country may be considered. While the project must concern a possible foreign direct investment, many teams will recommend not to invest or to recommend that investment be contingent on certain changes in their investment climate. The project should be delivered with a one-page executive summary, a body of text 10-15 pages (font size 12, New Times Roman, 1.5 space), appendices (tables, figures, pictures, etc.), and references. The project should be submitted one week prior to scheduled oral presentations. Each team will then, during of class, present the results of their investigation to the class. The presentation will necessarily be succinct: six minutes with two minutes for questions. Both the presentation and the paper will be graded. 3. QUIZ 10 marks Three Quizzes will be conducted with or without any communication in advance. Best two scores will be considered for final calculation. There will be no repeat of conducting quiz under any circumstances.
4. Mid-Trimester Examination and Attendance (15 + 5)20 marks