Orientation / Managing across borders: Transnational organization and knowledge management

Strategic objectives of international expansion; global competitive advantage and strategy (Porter); archetypes and patterns of international strategy and organization (I/R framework); Transnational Management and organization; Meta-National Management and organizational learning; information and knowledge management; organizational capacity and collaborative advantage of MNE

Corporate governance of the Multinational Enterprise

Separation of ownership and control; national diversity in corporate governance (Anglo-Saxon/US, EU, Japan, emerging markets); Global principles of good corporate governance; board structure and the role of independent directors (two-tiered vs three-tiered structures); committee structures (auditing, compensation, remuneration); the role of external auditors; compliance and risk control (SOX regulations); internal auditing

Competencies and mindsets for global leadership

Leadership vs. Management; Mintzberg's model of Managing; GLOBE study on global leadership; competences for global leadership; cultural diversity and inter-cultural management competencies; 5 mindsets of effective management;

Key issues in global Human Capital Management

HR management cycle; roles and remuneration (HAY system); appraisal and performance management (incentive schemes); talent management (recruitment, retention); expatriate management; restructuring and transformation management

Managing global cooperation

modes of foreign expansion; joint venture management; mergers & acquisitions (M&A); post-merger intergration (PIM); collaboration with NGOs

Global risk management in the 21st century: Fundamentals

corporate governance and risk management; concept of materiality; risk classification, corporate risk assessment and risk appetite; global risk management organization (three levels of defense); re-emergence of geo-political risks; digitization and cyper-security; fraud and corruption; CSR/ESG/SDGs; non-financial performance; Global Reporting Initiative (GRI); Sustainable Standard Accounting Board (SSAB); Integrated Reporting

Global risk management in the 21st century: Climate Change

Business and climate change; physical and transition risks; corporate carbon accounting, governance and reporting; Taskforce on Climate-related Financial Disclosure (TCFD); GHG Protoocol and Carbon Disclosure Project (CDP); Science-based Target Initiative (SBTi); blueprint for corporate decarbonization; mitigation strategies and managerial tools for corporate decarbonization; carbon tax; carbon credits,certificates and carbon trading; renewable energy; Power Purchasing Agreements;

- Students are required to prepare four 2~page papers (~750 words each / English) which summarize and discuss 4 specific topics described in the Integrated Report of the NSG Group (Governance, Human Capital Management, Risk Management, Environment/Climate Change) that serve as the base for group discussions (80%)
- Active participation in discussion on class subjects and presentation of results of group discussion (20%)