* All fees are exclusive of vat ** PREMIUM - Customize your learning experience
It is necessary to capture managers’ attention to the distinctive strategies that are required to maintain international relations and business considering the opportunities to create value via international activity. Not surprisingly, for many companies, a significant proportion of their international operations subtracts, rather than adds economic value. Managers around the world admit that one of their biggest concerns in the contemporary business environment is managing effectively their international operations. At the same time, they are equally clear that they feel un-equipped to cope effectively with this task.
The world of international business has become bigger. The growth and opening up of many countries that were previously closed to international business have substantially increased the size of the international market, from being confined to North America, Western Europe, and Japan to embarking most parts of the world.
These changes have substantially increased both the challenges and opportunities associated with international activity. This has made the need for an adequate approach to international business strategy ever more important so that managers can recognize and successfully address the challenges and maximize the gains from the opportunities.
What Do Participants Learn?
This comprehensive training will enhance the managerial and organizational capability to look for robust regional and global strategies that create a path towards the internationalization of their business whilst maintaining international relations and international business to cope up with related risks and challenges.
Who Should Attend?
Managers – International Relations
Multinationals Operations Management
Regional and Global Business Managers for All Departments
What Will the Learning Experience Include?
Comprehensive pre-program activities include:
Web-based information forms & surveys completed by attendee.
Direct consultation with the attendee about the expectations.
During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
Participants learn from expert trainers who have both academic and business experiences.
Highly applicable training content & instructive activities for adding depth to training topics.
**A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.
Explore & Practice
Apply & sustain the learning experience by using this ongoing support:
To ensure participant has new skills or behavior progress.
Optional, fee-based mentoring & coaching with the trainer.
Training materials & additional documents (e-books, pdf files, presentations and articles)
Evaluate your training experience by giving us feedbacks and help us to reach our organizational goals.
Section 1: Foundations of International Relations and Globalization
Defining International Relations
Principles of International Relations
Impact of International Relations on Business
Theories in International Relations
International Economic Relations
Globalization and its Challenges
Section 2: International Relations and Internationalization
Importance of International Business And trade
Theory of International Product Life-Cycle
Dynamics of Foreign investments (FDI)
Foreign Direct Investment
Foreign Portfolio Management
Outflows and Inflows of FDI
Theories of Foreign Direct investments
Internationalization of Firms’ Value Chain -Example
Theory of international New Ventures
Stages of Internalization process of the Firms
Section 3: International Business and Business Risks
Economic and Market Risks
International Monetary System
Key players in monetary Financial System
Institutions and International Business
The World Trade System
The share of Global GDP
Government and International Business
Local Content Requirements
Foreign Exchange Systems
Section 4: Global and Regional Strategy
Defining Global Strategy
Global Strategy Foundations
Global Strategy Perspectives
Global Strategy Layers
International Business Strategy – Case Study and Example
Global Strategy Frameworks
Approaches to Become an International Company
Industry and Competition – Porter’s Five Forces Model
Importance of Policies that Affect Pricing
Section 5: Achieving Strategic Goals in International Market
Generic Strategies for Competitive positions
Strategic Goals and Location-Specific Advantages
Coordination and Configuration Framework
Resources and Capabilities – VRIO Framework
Multinational Business Strategies
Global Integration and Local Strategy
Contractual Alliances – Stages of Alliance Formation