Presentation on theme: "INTERNATIONAL BUSINESS Professor H. Michael Boyd, Ph.D."— Presentation transcript:
INTERNATIONAL BUSINESS Professor H. Michael Boyd, Ph.D.
H. Michael Boyd, PhD International Business2 Text book required : International Business: Competing in the Global Marketplace (9th Edition), Charles W.L. Hill ; Boston, MA: McGraw-Hill Irwin, 2013 (ISBN: 0078029244) Earlier editions are OK, also
International Business Professor H. Michael Boyd, Ph.D. This course is about running a business in the global economy. We will cover a broad area of theory and application to describe how and why business practices work. H. Michael Boyd, PhD International Business3
Professor Boyd’s Classroom requests (requirements) All of us desire to have a classroom environment that is open, supportive, friendly, and relaxed. That kind of an environment requires mutual courtesy and respect, a shared responsibility for learning the course material, and a high level of personal integrity and maturity. Some of the guidelines that will help create and support this kind of learning environment include: 1. Come to class on-time. If you must be late, please enter the room and find a seat in a way that is least disruptive (unnoticed). 2. If you must leave the room during the class, please leave and reenter the room in a way that is least disruptive (unnoticed) 3. If you must leave and not return during a break, please advise Professor Boyd in advance to avoid losing credit for attendance. 4. Please turn off all electronic devices during class. Laptop computers, PDAs, cell phones, etc. are not needed for the class, and are often distracting and disruptive to yourself, other students, and the professor. 5. Be courteous of your fellow students. Don’t talk when another student is asking a question or offering information. Unintentionally, and without intent, your professor may say or do something that you find objectionable or hurtful. In order to help me avoid repeating something, PLEASE tell me what you found upsetting. I will greatly value your opinion and trust. Thanks. Thanks for being a positive contributor to our class from your fellow students and Professor Boyd.
Writing Skills – Critical to Success All papers must reflect a graduate level of writing including citations, quotations, references, etc.. Excellent writing skills are essential to success in the business world. Without superior abilities to communicate effectively in writing one is relegated to always being the recipient rather than the creator of business-critical communication. The use of technology such as email or voicemail makes the importance of excellent writing skill even more critical to success. Good writing includes superior: Clarity Grammar and Sentence Construction Completeness Purpose Suggested writing process: (whether it is 1 page or 100) Create the main point or points Build an outline Write a draft Review and edit Delete not needed and irrelevant content Rewrite Review and edit again Publish H. Michael Boyd, PhD International Business6
Course objectives and Desired Outcomes Apply the theory and concepts necessary to understand, change, and leverage Business practice in a global context. The context is primarily provided through the course text, handouts, case studies, lectures, and class participation. Apply the course concepts and learning to Business in a real-life organization in a formal and academically disciplined manner. Gain experience and skill in being able to describe and evaluate organizations, and prescribe and recommend change in organizations that will positively result in improved Business and organizational performance. Students successfully completing the course will be able to assess cause and effect relationships between Business practice in organizations and the business results of those organizations and businesses. The value will be increased competency in the managing of people particularly in modern global organizations. H. Michael Boyd, PhD International Business7
1. The focus is on the global aspects of business. It is about the business concepts and practices of the organization. 2. The course is about how people in organizations and managers impact on business organizations; how what they believe, do, and feel impacts on the business that they work for. 3. The most common failure of companies competing in the global economy is a lack of understanding of the impact and context caused by cultural difference. Relevant questions to Ask: How do businesses compete globally? How is work accomplished? How are decisions made? Who makes them and how? How do regional differences impact of a global business? How do political and legal aspects impact on a global business How do financial / monetary differences impact? Course paradigm: H. Michael Boyd, PhD International Business8
Economics, Politics, Law, and Managing are different, yet we tend to combine them as one concept in discussion. Changing business outcomes is different than changing the organization. Technology, particularly computing and office and information technologies, has dramatically changed how work is accomplished. How have organizations and the world of business changed? Culture changes not only the game but the players too ISSUES / QUESTIONS Systems theory is a combination of cause and effect and process concepts. INPUTS Business Behaviors and Processes Outputs H. Michael Boyd, PhD International Business9
Paper # 2 and Paper # 3 Requirements Outline / Format: You must use the paper format and outline found in your course student packet given out at the beginning of the course. This includes including headings as shown in the handout. Write the minimum number of FULL pages. Papers not in the assigned format will lose points and may not be accepted.. H. Michael Boyd, PhD International Business10
Individual Course Research Paper Requirement Outline / Format: You must use the paper format and outline found in your course student packet given out at the beginning of the course. This includes including headings as shown in the handout. Write the minimum number of FULL pages. Papers not in the assigned format will lose points and may not be accepted.. H. Michael Boyd, PhD International Business11
The purpose of this project is to create the International Business PLAN for a business / division located outside of the U.S. / Canada in a company researched or invented by the project team. Company Description: The “company” may be anything the group desires. You may make up a company or use a real one. There are, however, a few constraints or requirements. This plan will outline what needs to be done to insure that the company has an effective international / global business capability. The organization being managed must be a business / division located outside the U.S. or Canada (It can be a U.S. parent company.) You must select one of the nine geographies in number IV below. The International Business plan is for non-U.S. operations (in the selected global region) only The company will have between 1,000and 20,000 employees. The company will be a simple business in order to have a simplified International Business plan. Small groups of 5 or 6 will research, prepare a paper and present a discussion focusing on their company’s International Business plan and practices. The International Business Plan Each group will submit a written International Business plan when due (See schedule.). Each section of the plan must outline what the text says about the topics and relevant Business theories. Each group will present the International Business plan to the class (formal group presentation). (A copy of the slides given to Prof. Boyd at the presentation.) Group Project: International Business Plan H. Michael Boyd, PhD International Business12
RULES: This is a presentation of how a real or invented non-U.S. company created by the group does international Business. The group will invent a viable company (one that could actually operate in the real world) or research a real one. The company may be anything the group desires. There are, however, a few constraints or requirements: This is a presentation of how a researched or invented company created by the group does International Business. You may make up a company or use a real one This company must meet the requirements in the plan created by the group, and have an International Business requirement – i.e. must be a global / international company. Small groups of 5 or 6 will research, prepare and present a discussion focusing on their company’s International Business plan. The presentation outline (and slides) will include each section of the plan documented in the group project paper. The presentation will be judged on the quality of the presentation itself; how informative and interesting it is; how prepared the group is; whether or not it is clearly about international Business and its practices. It is required that each member participates and everyone will be graded for individual as well as group contribution by their peers (This will impact directly on the individual grade.). GROUP PRESENTATION Outline and Instructions: H. Michael Boyd, PhD International Business13
Each Student will submit their confidential Peer Evaluation of their project group-members at the presentation. Individual grades are computed by multiplying the team score (0 – 10 points) by the average percentage on the peer reviews) Peer Evaluation Members of your team:Deserves A – 100% Deserves B – 85% Deserves C – 75% Deserves D – 60% Deserves F – 0% Peer Review Input Sheet: This is a confidential input from you to your professor. It is meant to make sure that the grades that each individual on your project team receives are the grade they earned. The total of all of the team’s evaluations are multiplied against the group grade to determine the individual’s grade for the group project (i.e.: if the group gets a 100% and one individual is only rated an average of 50%, they would only receive 50% of the possible points while others on the team receive the full 100% of the points.) Your Name:. Your Group number / Name:. This input must be turned in at the last class when presentations are done. It is not optional – you must do an evaluation. Anyone not submitting an evaluation will receive an “F” for their peer evaluation score (which results in 0 points for the project) H. Michael Boyd, PhD International Business14
See your syllabus for specific grade points for each requirement Maximum points Possible : % %%% 100% Attendance & Participation Papers Group Project Total 123 Course Research Paper Group Project Presentation Course GRADE **** **** Attendance & Participation policy and grading: Each class session is counted for both attendance and for participation. There are no excused absences; however, a student may receive partial credit for a limited absence only if Professor Boyd is notified before class BY STUDENT via email; otherwise 0 credit); COURSE GRADE CALCULATION SHEET H. Michael Boyd, PhD International Business15
See your syllabus for specific grade points for each requirement **** Attendance & Participation policy and grading: Each class session is counted for both attendance and for participation. There are no excused absences; however, a student may receive partial credit for a limited absence only if Professor Boyd is notified before class BY STUDENT via email; otherwise 0 credit); COURSE GRADE CALCULATION SHEET Maximum points Possible: 25 % 5%5% 10 % 10 % 25 % 15 % 10 % 100% Attendance & Participation Papers Individual Research Paper Group Project Total123 Group Project Plan / Paper Group Project Presentation Course GRADE **** H. Michael Boyd, PhD International Business16
H. Michael Boyd, PhD International Business17 A Cup of Tea
H. Michael Boyd, PhD International Business18 A Cup of Tea Nan-in, a Japanese Zen master during the Meiji era (1868 - 1912), received a university professor who came to inquire about Zen. Nan-in served tea. He poured his visitor’s full, and then kept on pouring. The professor watched the overflow until he no longer could restrain himself. “It is overfull. No more will go in!” “Like this cup,” Nan-in said, you are full of your own opinions and speculations. How can I show you Zen unless you first empty your cup?” Source: “Book of Zen”
H. Michael Boyd, PhD International Business19 What you know may be right; it may be wrong; but you will never know if that is your starting point! Open your mind: Maybe it can be better, easier, more satisfying! You can always go back to your old opinion; but you can’t move ahead to a new one without first letting go of the old one. So: Empty your basket of what you know
H. Michael Boyd, PhD International Business20 OK …. Let’s Party ON!!!