Day One:
Foundations of Globalization
Introduction to Global Business
- Defining globalization and its implications for local firms.
- Recognizing the need for international expansion.
Ethical Considerations in Global Business
- Balancing profit motives with social responsibility.
- Addressing cultural differences in ethical norms.
Day Two:
Market Entry Strategies
Assessing International Markets
- Market research, feasibility analysis, and risk assessment.
- Identifying target countries based on market potential.
Exporting, Licensing, Joint Ventures, and Acquisitions
- Choosing the right entry mode for global expansion.
- Legal considerations and due diligence.
Day Three:
Cultural Intelligence
Cross-Cultural Leadership
- Building trust and collaboration across diverse backgrounds.
- Adapting communication styles for effective management.
Managing Multicultural Teams
- Conflict resolution, team dynamics, and motivation.
- Leveraging diversity as a competitive advantage.
Day Four:
Legal Compliance and Risk Mitigation
Navigating International Business Law
- Compliance with trade agreements, labor laws, and tax regulations.
- Ensuring legal alignment across borders.
Risk Management Strategies
- Political risks, currency fluctuations, supply chain disruptions.
- Crisis preparedness and mitigation plans.
Day Five:
Creating a Unified Global Firm
Strategic Agility in Global Expansion
- Adapting to changing business environments.
- Developing a shared organizational culture.
Applied Learning Project: Globalization Roadmap
- Participants create a step-by-step plan for transforming their local firm into a global enterprise.
- Peer feedback and reflection on strategic decisions.
Join us on this transformative journey to become skilled global business leaders!
