The Challenge of Globalisation

Opportunity and Threat in World Markets

INTRODUCTION

Globalisation is about much more than marketing and purchasing. Every organisation is affected by globalisation. It is emerging as the most powerful force influencing 21st century business.  Globalisation can affect every aspect of the activities of an organisation from basic research through product creation to post-sale customer support.

The opening of markets and the rapid diffusion of information, knowledge and capability are combining to change our view of our business potential and the ways in which we do business. Therefore, all managers have to be aware of the potential impact of globalisation on every decision and every action.

This training will feature:

  • Detailed analysis of the structural changes in the world economy
  • The process of change from a national to a global organisation
  • Strategic and operational challenges in developing a global organisation
  • The management challenges in a multi-cultural environment
  • Case studies and examples of best practice in managing globalisation

OBJECTIVES

At the end of this training participants will be able to:

  • Understand how and why the world economy is changing
  • Clarify the changing role of financial institutions in globalisation
  • Demonstrate the specific management challenges in a global structure
  • Identify the key factors for success in building a global organisation
  • Lead their teams in contributing effectively to the process of globalisation

TRAINING METHODOLOGY

This course will be based on leading edge teaching/learning approaches to ensure maximum learning and discussion of the subjects that are presented. The main objective will be to create a very participative approach and delegates will be encouraged to offer ideas and questions that relate directly to their own specialisms.  This will involve the following activities:

  • Course leader’s presentation of the principles of the subject
  • Subject-specific presentations
  • Case experience and case studies
  • Group work and group discussions on sharply focused issues

The instructor will refer to real-life examples of global economic and business development projects in which he has been personally involved.

ORGANIZATIONAL IMPACT

By sending delegates to this training, the organisation will gain the following benefits:

  • Better informed managers capable of operating internationally
  • Improved strategic thinking in all levels of staff
  • Greater confidence in the development decisions of staff
  • Better focus on planning for a more international business structure
  • Reduction of risk in all decisions affecting international development
  • Enhanced competencies in managing cross-border Organizations

PERSONAL IMPACT

By attending this training, delegates will acquire the following skills and competencies:

  • Strategic awareness and ability to develop an international career
  • Managing culture differences in an international context
  • Analysis of internationally complex business opportunities
  • Leadership and team working capabilities in extended Organizations
  • Assessing risk in international development decisions
  • Delivering a personal contribution to global development

WHO SHOULD ATTEND?

This training is suitable for a wide range of professionals but will benefit:

  • Strategic and operational planners
  • Financial managers/controllers
  • Organizational development specialists
  • Human resource managers
  • Business process designers and analysts

This course does not require specialist knowledge of economics, though delegates will need to have a lively interest in the challenges of international business strategies and relationships.

SEMINAR OUTLINE

Day 1

The Nature of Globalisation

  • The Changing Structure of the World Economy
  • The Changing Role of the International Financial Institutions
  • What does globalisation mean?
  • Why do Organizations develop globally?
  • How do Organizations develop globally?
  • How can individuals prepare themselves for globalisation?

Day 2

Strategic Management in Global Organizations

  • Strategic Planning – from national to global
  • A Planning Framework For A Globalising Organisation
  • Risk Analysis and Risk Management in Global Development
  • International Financial Markets and Trends
  • Understanding and Managing Value Migration

Day 3

Operational Management in Global Organizations 

  • Coordinating and Controlling a Global Business
  • Managing the First Stages of Globalisation
  • Managing the Final Stages of Globalisation
  • Taking a Global Organisation Forward for the Longer Term 

Day 4

Global Structural Design and Management

  • The Relevance of Organizational Agility and Alignment
  • Human Resource Development in a Global Operation
  • Communications – The Key to Effective Global Performance
  • Collaboration and Alliances – The Emerging Organizational Form
  • Effective Management of Dispersed Operations 

Day 5

The Future of Global Business

  • The World in 2030 – Economic Shift and Location of Activity
  • What do we learn from the 2008-2015 financial crisis?
  • How Organizational Dynamics will Mature and Change
  • “The past is no guide to the future” – group discussion
  • Strategy, Structure and Management during Radical Change
  • Summary and Overview of the Whole Seminar