In this course, we explore the many faces of global competition. We challenge the assumptions that global strategy is a precursor to success by exploring a set of complex forces that drive firms to internationalize. The course places special emphasis on emerging markets, given that they are home to most of the global growth and population, as well as institutional voids. We focus on factors that determine strategic choices firms make as they build their international presence, by exploring how firms: build international presence by selecting countries, and modes of entry; benefit from national competitive advantage in developed and emerging markets; diagnose and address cultural challenges of working across borders, organize to share knowledge across borders; build and sustain their multifaceted global legitimacy; collaborate across borders; prepare their managers to address cultural, personal, and career challenges in expatriate roles and on global teams.
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