Global Strategy

llsms2116  2022-2023  Louvain-la-Neuve

Global Strategy
5.00 credits
30.0 h
Q1
Teacher(s)
Gailly Benoît;
Language
English
Prerequisites
This class is accessbiel only to CEMS students
Main themes
The design and implementation of strategic innovation management processes within multinational firms.
Learning outcomes

At the end of this learning unit, the student is able to :

1 Having regard to the LO of the programme X, this activity contributes to the development and acquisition of the following LO:
1. Corporate citizenship
  • 1.1. Demonstrate independent reasoning, look critically
  • 1.2.Decide and act by incorporating ethical and humanistic values
  • 1.3. Decide and act responsibly
2. Knowledge and reasoning
  • 2.1. Master the core knowledge of each area of management.
  • 2.2. Master highly specific knowledge
  • 2.3. Articulate the acquired knowledge from different areas
  • 2.4. Activate and apply the acquired knowledge
3.1. Conduct a clear, structured, analytical reasoning
  • 3.2. Collect, select and analyze relevant information
  • 3.3.Consider problems using a systemic and holistic approach
  • 3.4. Perceptively synthesize' demonstrating a certain conceptual distance
4. Innovation and entrepreneurship
  • 4.1. Identify new opportunities, propose creative and useful ideas 
  • 4.2. Initiate, develop and implement ideas around a new product, service, process
  • 4.3. Collaborate and actively drive forward collective ac- tions for change
5. Work effectively in an international and multicultural environment
  • 5.1.Understand the inner workings of an organization
  • 5.2.Position ... the functioning of an organization, in its ...socio-economic dimensions
6. Teamwork and leadership
  • 6.1. Work in a team... 
7. Project management
  • 7.2. Organize, manage and control the process
8. Communication and interpersonal skills
  • 8.1. Express a clear and structured message
9. Personal and professional development
  • 9.1. Independent self-starter
At the end of this course, the student will be able to:
  • - master the main concepts underlying the development of innovation management as a core competitive advantage of a firm
  • - master the key aspects of the case for strategic innovation for firms
  • - master the main concepts related to innovative strategies
  • - master the main concepts related to innovative and nimble organizations
  • - master the main concepts related to the internal and external sources of innovation for a firm
 
Content
The objective of this class is to introduce some key conceptual frameworks, analytical tools and issues related to innovation-based global strategy design and execution, in particular regarding corporate strategies, competitive advantage and value creation as well as stakeholder analysis and ethics.
We also address some key strategic issues related to global business strategy and capabilities.
Finally, we also introduce students to the challenges of consensus-based decision-making in uncertain and ambiguous environments
1. Designing the right global strategy
The case for innovation-based global strategies
Innovation as a business
Innovation as a strategic choice
2. Executing the right global strategy – better than others
Innovation-based global strategies
Drivers of global innovation strategies
 
Teaching methods
In-class activities - Lectures - Interactive seminar - Micro-teaching (partly presented by students) At home activities - Students presentation
Evaluation methods
Continuous evaluation (50%)
  • Date: Week 2-6
  • Type of evaluation: Group readings and presentations
  • Comments:
Evaluation week (in November - 50%)
  • Oral: 3 students/hour
  • Written: -
  • Unavailability or comments: schedule managed by teacher
Examination session
  • Oral: -
  • Written: -
  • Unavailability or comments:
Students who fail the November exam can have a second chance in September (oral exam or written work if student is abroad)
Other information
Skills : presentation skills - team work - problem solving - decision making - critical thinking
Online resources
www.NavigatingInnovation.org
www.Zinnovants.eu
 
Bibliography
Reference book : Navigating Innovation (Palgrave, 2018)
 
Recommended reading :
Tidd J., Bessant D. (2018) Managing Innovation: Integrating Technological, Market and Organizational Change, 6th Edition, Wiley
•Berkun, S (2007) The myths of innovation, O’Reilly
•Schilling M.A. (2006) Strategic Management of Technological Innovation (2d ed.) McGraw-Hill
•Mazzucato, M. (2013) The Entrepreneurial State, Anthem Press
•Robertson, D. (2014) Brick by brick: How Lego rewrote the rules of innovation, RH
Teaching materials
  • Class presentations available on Moodle
Faculty or entity
CLSM


Programmes / formations proposant cette unité d'enseignement (UE)

Title of the programme
Sigle
Credits
Prerequisites
Learning outcomes
Master [120] in Management [CEMS Programme]
GEST2M
5
Master [120] in Management [CEMS Programme]
GESM2M
5
Master [120] : Business Engineering [CEMS Programme]
INGE2M
5
Master [120] : Business Engineering [CEMS Programme]
INGM2M
5