Strategy and Innovation
Dynamics of Globalization
Dates: Jun 05-06, 2013
Certificate Track: Strategy and Innovation
Participant Ratings
This new program will explore how various countries and firms are successfully meeting the challenge of increasing globalization. The material will be presented from three complementary angles— economic, sociological, and political science—that together will help managers develop a broad perspective on the issues of globalization. Faculty and participants will trace the implications of global competition on the economy, politics, and emerging markets. Examples that represent different regions and types of organizations—multinational and local firms from both developing nations and industrialized countries—will be presented throughout the program.
Join the MySloanExecEd Community Group for this program to network with past, present, and future participants.
Many participants attend this program along with Understanding Global Markets.
Participants will learn what to look for in analyzing country business environments and in exploring comparative advantage. With a focus on how the dynamics of globalization is affecting emerging markets, politics, and the world economy, this program will enable participants to:
- Learn the key growth requirements for countries as well as large companies
- Employ frameworks to compare changes in the business and regulatory environment
- Compare and contrast the developmental trajectories of indigenous firms
- Analyze the effects of politics and the economy on countries and firms
- Recognize how international business decisions affect not only a company's bottom line, but also a country's environment and the well being of its people
- Identify market innovations in developing countries
- Understand global energy related innovations
This program is designed specifically for managers who are involved with developing corporate, business, or functional strategies at their organizations:
- Middle to upper-managers, senior executives, and entrepreneurs with responsibility for or interest in managing multinational corporations or expanding operations into new and emerging markets
- General managers of global companies, or companies with international clients
- Fast-track operations managers seeking to broaden their knowledge and expand their understanding of the effects of globalization
| DAY One SAMPLE | |
| 08:00 AM - 09:00 AM | Registration and Continental Breakfast |
| 09:00 AM - 10:30 AM | Introduction to the Edges of Globalization |
| 10:45 AM - 12:30 PM | Market Innovation in Africa |
| 12:30 PM - 01:30 PM | Luncheon |
| 01:30 PM - 03:30 PM | Natural Capital and the Challenge of Sustainable Development |
| 03:30 PM - 05:00 PM | Natural Capital and the Challenge of Sustainable Development cont. |
| 05:00 PM - 06:00 PM | Reception |
| DAY Two SAMPLE | |
| 09:00 AM - 10:30 AM | Comparative Advantages 1 |
| 10:45 AM - 12:15 PM | Comparative Advantages 2 |
| 12:15 PM - 01:00 PM | Luncheon |
| 01:00 PM - 02:30 PM | Growth and Why Rich Countries are Rich, and Poor are Poor |
| 02:45 PM - 04:15 PM | The Edges of Globalization Close |
| 04:15 PM - 04:30 PM | Adjournment |
Videos:
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Title: Professor Roberto Rigobon's research
Description: An overview of the Professor Roberto Rigobon's research.
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Title: Professor Roberto Rigobon on Dynamics of Globalization
Description: Roberto Rigobon discusses his program, Dynamics of Globalization, including the important aspects of globalization and his investigation into why countries grow and succeed.
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Title: Professor Roberto Rigobon on macroeconomics and globalization programs at Executive Education
Description: Professor Roberto Rigobon discusses two programs -- Macroeconomics for Managers and Dynamics of Globalization -- and their emphasis on providing participants with the view of an economist, social scientist and political scientist in the course content.
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Title: Participant Discussion: Scott Mills on Dynamics of Globalization
Description: Participant Scott Mills on why he chose to attend Dynamics of Globalization.
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Title: Professor Roberto Rigobon on his predictions about the European economic crisis
Description: Professor Roberto Rigobon shares his predictions for the European economic crisis. Learn more about his programs Dynamics of Globalization http://executive.mit.edu/dyn and Understanding Global Markets http://executive.mit.edu/mac
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Title: Participant Discussion: Ana Zambelli on Dynamics of Globalization
Description: Participant Ana Zambelli speaks about her experience at Dynamics of Globalization. Learn more about the program at http://executive.mit.edu/mac
Links:
- http://web.mit.edu/rigobon/www/Robertos_Web_Page/Research.html
- http://bpp.mit.edu/
- http://online.wsj.com/article/SB10001424052748704804504575606801972873866.html
- http://www.bloomberg.com/video/64633800/
- http://www.pbs.org/newshour/bb/business/jan-june11/chinacurrency_01-18.html
- http://web.mit.edu/newsoffice/2011/3q-rigobon-world-markets-0907.html
- http://www.bloomberg.com/news/2011-09-08/central-banks-should-heed-food-prices-mit-s-rigobon-says.html
- http://mitsloan.mit.edu/buildingthefuture/colloquium-sessions?video=nanodata
- http://mitsloan.mit.edu/buildingthefuture/colloquium-sessions?video=challenges
- http://www.advisor.ca/investments/market-insights/the-risk-in-emerging-markets-is-ignoring-them-61644
- http://www.newyorker.com/talk/financial/2011/05/30/110530ta_talk_surowiecki
- http://www.economist.com/blogs/americasview/2012/02/measuring-inflation
- http://www.9to6.com/2011/11/mit-sloan%E2%80%99s-tavneet-suri-shows-how-m-pesa-a-cell-phone-ased-payment-system-is-helping-kenyans-save-money-and-weather-shocks-to-their-personal-finances/
- http://www.slate.com/blogs/future_tense/2012/02/27/m_pesa_ict4d_and_mobile_banking_for_the_poor_.html
- http://www.mckinseyquarterly.com/How_multinationals_can_win_in_India_2938
- http://sloanreview.mit.edu/improvisations/2012/06/21/leverage-points-for-creating-a-sustainable-world/
- http://mitsloanexperts.mit.edu/this-popular-mutual-fund-type-is-losing-you-money-roberto-rigobon/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+mitsloanexperts+%28MIT+Sloan+Experts%29
We live and work in a very global world, but sometimes we get caught-up in the silo's of our work, our communities and our countries. It is important in business to be constantly looking beyond these boundries for opprotunites and possible obstacle. This course on the Dynamics of Globalization is brings a perspective on how the world operates, the trends and challenges. I found the active learning around insurance and healthcare illuninating. The way busienss is being done in Africa on a micro scale and leapfronging steps that the western world took hopeful and very useful. The dynamic conversation allowed the class to learn from each other. Roberto Rigabon was outstanding in delivering the content in an unforgetable way with huge. I would highly recommend this class!
Roberto Rigobon rocks - no wonder he has been selected the "Teacher of the Year" at MIT three times. He'll have you rolling on the floor - when you get up you will realize you learned something.
One of the best classes I’ve taken. Presented complex economic issues in easy way to understand and relate to.
This program provides a framework of the opportunities and risks in globalizing businesses from a developmental, macro- and micro-economic scale. Professors Rigobon, Huang and Locke provided insights based on both didactic and case evaluations - these provided insights on how to evaluate considerations on moving into countries, and the potential concerns based on social and macroeconomic issues. Professor Locke provided an example of cautionary issues with regard to a large multinational corporation, and tactical approaches by which organizations can consider how to address risks; this was very valuable, in particular, with how good business practices were significant to address such issues. Professor Locke was kind enough to provide some additional literature on the latter, and it would be suggested that these be included in the course either as pre-readings or provided post-lecture.
I enjoyed learning the EDGE Model. It's a great decision making framework/approach for making decision across social, political, economic, and technological dimensions. The Market Innovation section of this cource was a truly real world and exciting twist. I would shorten the project background explanation a bit and spend more time amplyifying the powerful potential between "Market Innovation" opportunbities and "emerging country economy building". This course's coverage of why rich countries are rich and poor countries are poor is going to become increasingly crucial as global prosperity disparity marches ever onward. I really think this course, with a just tiny bit of material and messaging fine-tuning, has alot of potential to make a very powerful impression.