Suggested Syllabus on Emerging-Market Multinationals based on the book [cid:[log in to unmask]] Mauro Guillén, The Wharton School Esteban García-Canal, University of Oviedo McGraw-Hill, 2012 · To obtain a review copy of the book, please email the authors. · Powerpoints for teaching available if you adopt the book for your class. Please email [log in to unmask]<mailto:[log in to unmask]> or [log in to unmask]<mailto:[log in to unmask]> "Emerging-market multinationals have reshaped global competition. Using well-articulated views duly substantiated with facts, this book explains why and how they have become formidable players in both high-technology and traditional industries. This book is a worthy read for businesses and individuals alike seeking to comprehend the phenomena of the emerging market multinational". -S D Shibulal, CEO & Managing Director, Infosys "This book shows the strength and potential of companies that stand out in emerging markets, reaffirming entrepreneurship, innovation and sustainability as fundamental factors for the outbreak of global competitors." -Alessandro Carlucci, CEO, Natura Cosméticos. "The authors have touched on an important idea that emerging market growth can often be tapped by companies located in those markets. This is an essential book leading us to identify the niche markets and strategies for those emerging markets. A must for all international companies with growth ambitions." -Leonard A. Lauder, Chairman Emeritus, The Estée Lauder Companies "A must read for any company on its way to becoming a global one. You will learn from companies that have developed unique ways of competing in tough markets such as China and India." -Jorge Zárate, China General Manager, Grupo Bimbo LIST OF TOPICS FOR THE SYLLABUS Below are topics that the instructor may want to include on the syllabus for an international business or international strategy class. Drawing on the 18 cases discussed in the book, we suggest several cases for each topic. The instructor should choose one case considering the desired number of sessions, the type of student, and the overall emphasis of the course. Global and multidomestic industries Global: Tata Communications, Samsung, Tenaris Multidomestic: Suzlon, Grupo Bimbo Types of global strategies Global: Tata Communications, Samsung Electronics Multidomestic: Suzlon, Grupo Bimbo Niche-driven: Grupo Modelo, Haier Local adaptation Grupo Modelo Haier Grupo Bimbo Suzlon Managing cultural differences Grupo Bimbo Distance and the liability of foreignness Haier Choice of foreign markets Natura Cosméticos Grupo Bimbo Haier Samsung Electronics Entry modes Exports: Grupo Modelo Greenfield investment: Suzlon, Arcor Acquisitions: Cemex, Tata Communications, Tenaris, BYD Alliances & neworks: Acer Cross-border arbitrage Infosys Bharat Forge Outsourcing and offshoring Ocimum Biosolutions Infosys Managing political risk Orascom Telecom Born-global companies Infosys Suzlon Accelerated internationalization América Móvil Ocimum Biosolutions Privatization Embraer Family firms Arcor Tenaris Corporate social responsibility Natura Cosméticos SUGGESTED CASES AND READINGS Axiom 1: Execute, Strategize, Then Execute Again Bimbo · "Grupo Bimbo." HBS 9-707-521. Infosys · "Why Don't We Try to Be India's Most Respected Company?" An Interview with N.R. Narayana Murthy by Anand P. Raman. Harvard Business Review (November 2011) 89 (11):80-85. · "Infosys: Born Global to exploit the skilled workforce advantage," by Nirmalaya Kumar, Pradipta K. Mohapatra and Suj Chandrasekhar, in India's Global Powerhouses: How they are taking on the world. ECCH Book Chapter, 6736BC. Embraer · "Embraer: The Global Leader in Regional Jets." HBS 9-701-006. Axiom 2: Cater to the Niches Haier · "Haier's U.S. Refrigerator Strategy." HBS 9-705-475. Grupo Modelo · "Corona Beer: From a Local Mexican Player to a Global Brand." ESSEC 308-110-1. Natura Cosméticos · "Natura: Global Beauty Made in Brazil," HBS 9-807-029. Axiom 3: Scale to Win Samsung Electronics · "Samsung Electronics." HBS 9-705-508. Arcor · "Luis Pagani, Chairman of Grupo Arcor, on the globalization of Argentine firms." Academy of Management Executive (2003) 17(3):56-59. Suzlon · "The Suzlon Edge." HBS 9-708-051. Axiom 4: Embrace Chaos Acer · "Managerial Lessons From the East: An Interview With Acer's Stan Shih." Academy of Management Perspectives (November 2010): 6-16. Orascom Telecom · "Orascom Telecom: Risks of Internationalization." Ivey 9B11M023. · Video: A conversation with Naguib Sawiris, by Charlie Rose http://www.charlierose.com/view/interview/9157%20 Bharat Forge · "CDP Bharat Forge. Forging a German Indian Enterprise." WHU 307-341-1. · India Inc. Going Global. Collector's edition, vol. I, p. 63. http://www.bharatforge.com/press/mediapdf/punetopadd.pdf Axiom 5: Acquiring Smart Tenaris · "Tenaris: Creating a Global Leader from an Emerging Market." Stanford IB60. Cemex · "CEMEX (B): Cementing Relationships (2004-2007)" HBS 9-308-023. Tata Communications · "Tata Group's Growth Strategies." IBS 312-248-1. Axiom 6: Expand with Abandon BYD · "BYD Company, Ltd." HBS 9-606-139. América Móvil · "Slim's Time," The New Yorker, June 1, 2009. http://www.newyorker.com/reporting/2009/06/01/090601fa_fact_wright?currentPage=all Ocimum Biosolutions · "Ocimum Biosolutions" Ivey 9B11M083. · To obtain a review copy of the book, please email the authors. · Powerpoints for teaching available if you adopt the book for your class. Please email [log in to unmask]<mailto:[log in to unmask]> or [log in to unmask]<mailto:[log in to unmask]> ____ AIB-L is brought to you by the Academy of International Business. For information: http://aib.msu.edu/community/aib-l.asp To post message: [log in to unmask] For assistance: [log in to unmask] AIB-L is a moderated list.