Global Management and Asian Values

2024/2025

Academic Year

ENG

Instruction in English

6

ECTS credits

Delivered at:

Faculty of World Economy and International Affairs

Course type:

Compulsory course

When:

1 year, 1, 2 module

Instructor

Ostroukhova, Vera

Course Syllabus

Abstract

The “Global Management and Asian Values” course explores the evolution of the management concept, its main aspects and implementation across the globe with particular focus on Asian countries. The course encompasses a variety of management elements and areas including external and internal organizational environments, business ethics, human resource management, strategic analysis and management, organizational planning and controlling, development of technology and innovations for purpose of creating long-standing competitive advantage for a firm. The course provides the real-world examples demonstrating how the managers balance between ethical norms and financial goals and respond to a number of other challenges in order to maintain reputation and achieve sustainable development objectives. With an emphasis on Asian economies that had been much influenced by Confucianism, the course presents a multifaceted review of certain country’s unique managerial practices that are impacted by historical and political background, social norms as well as globalization. By comparing various management systems with embedded cultural values, the students will accumulate holistic view onto the diversified managerial algorithms used by Asian countries and will be well-informed to make competent and weighted decisions while developing their business relationships in Asia. Pre-requisites The course requires the preliminary (basic) knowledge in such disciplines as Economics, International Relations, International Business, The History of International Relations, East Asian International Relations, East Asian Economic Development, Principles of Marketing, and Business Finance. For students HSE and Kyung Hee University Double Degree Programme in Economics, Politics, and Business in Asia Pre-requisites do not apply.

Learning Objectives

• • to provide education and training in global management
• • to develop critical thinking tools while analyzing the managerial practices in Asia and worldwide
• • to provide well-structured information regarding various types of cultural aspects in Asian countries
• • to extend outlook and improve learning skills by obtaining new information and being engaged in different forms of interactive classwork
• • to practice professional oral presentation of the project
• • to enhance team-work and leadership skills
• • to improve business writing skills

Expected Learning Outcomes

• Upon successful completion of this course, the students will be able • to demonstrate an expanded theoretical base in global management
• • to describe, analyze and interpret international management issues
• • to compare economic, legal, financial, socio-cultural and ethical aspects of managerial practices in different countries
• • to distinguish between management systems in Asian countries
• • to demonstrate sensitivity towards different values and norms
• • to use enhanced soft skills and empathy skills while working in diversified teams
• • to explain the reasons for ethical challenges and sustainability trends in the modern world
• • to apply improved business writing skills in further work

Course Contents

• 1. Introduction to Global Management. Review of Manager’s Roles.
• 2. Brief History of Management: from Ancient World to Modern Management Concepts
• 3. Organization, its Internal Structure and External Environment. Management in Asia.
• 4. Cultural Aspects of International Business Management. Cultural Variety of Asian Countries
• 5. Business Ethics, CSR, Sustainability
• 6. Strategic Analysis as a Management Tool
• 7. Asian values and their role in international business expansion strategies
• 8. Human Resource Management
• 9. Planning and Controlling
• 10. Management of Technology and Innovations
• 11. The Role of Reputation in Globalized World. Anti-Fraud Management.

Assessment Elements

• Final Exam
  The Final Exam will be held in oral form. Students will answer the randomly selected questions from the list of questions that would be provided by the instructor not later than a week prior to final exam. The questions will be based on the Course Plan presented above. You are expected to maintain academic honesty in all of your academic work. By enrolling in this course, you agree to obey all of the standards of academic honesty and integrity of both HSE and KHU and you should understand that failing to observe the rules may result in academic and disciplinary action.
• Essay writing
  You are expected to maintain academic honesty in all of your academic work. By enrolling in this course, you agree to obey all of the standards of academic honesty and integrity of both HSE and KHU and you should understand that failing to observe the rules may result in academic and disciplinary action.
• Group Research Project
  You are expected to maintain academic honesty in all of your academic work. By enrolling in this course, you agree to obey all of the standards of academic honesty and integrity of both HSE and KHU and you should understand that failing to observe the rules may result in academic and disciplinary action.
• Participation
  You are expected to maintain academic honesty in all of your academic work. By enrolling in this course, you agree to obey all of the standards of academic honesty and integrity of both HSE and KHU and you should understand that failing to observe the rules may result in academic and disciplinary action.

Interim Assessment

• 2024/2025 2nd module
  0.2 * Essay writing + 0.4 * Final Exam + 0.3 * Group Research Project + 0.1 * Participation

Bibliography

Recommended Core Bibliography

• Abdul-Rahman, S., & Rowley, C. (2008). The Changing Face of Management in South East Asia. Routledge.
• Golo, J. (2015). International Business: Competing in the Global Marketplace. Economic Horizons / Ekonomski Horizonti, 17(1), 71–73. https://doi.org/10.5937/ekonhor1501073G
• Jovana Golo. (2015). Book review: Hill, C. W. L. (2014). International Business: Competing in the Global Marketplace. https://doi.org/10.5937/ekonhor1501073G

Recommended Additional Bibliography

• Chang, C., & Chang, N. J. (1994). The Korean Management System: Cultural, Political, Economic Foundations : Cultural, Political, Economic Foundations. Praeger.
• Ghemawat, P. (2007). Redefining Global Strategy : Crossing Borders in a World Where Differences Still Matter. Harvard Business Review Press.
• Ghemawat, P. (2011). World 3.0 : Global Prosperity and How to Achieve It. Harvard Business Review Press.
• Jackson, K., & Tomioka, M. (2004). The Changing Face of Japanese Management. London: Routledge. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=105973
• John H. Dunning, & Sarianna M. Lundan. (2008). Multinational Enterprises and the Global Economy, Second Edition. Edward Elgar Publishing. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.elg.eebook.3215
• Jones, G. (2004). Multinationals and Global Capitalism: From the Nineteenth to the Twenty First Century. Oxford University Press.
• Peng, M. W. (2012). Global business. South-Western.
• Verbeke, A. author. (2013). International Business Strategy : Rethinking the Foundations of Global Corporate Success. Cambridge eText.

Authors

• Базарова Евгения Сергеевна