Scuola di Economia e Management
Syllabus
Academic Year 2016/17 Second Semester
Learning Objectives
At the end of the course the student will be able:
Learning targets
This course allows students to acquire sector-focused practical knowledge in the fields of export management, international retail networks and multi local production structure management.
The possibility to work on the field will consolidate their knowledge and will stimulate them to a “bounded creativity” approach in performing their job.
Course Content
The course is composed of 3 parts:
- a module focused on the export manager role, competencies and skills. The students will work with company experts on practical issues;
- a module focused on the organizational mechanisms that must be implemented in the company in order to manage successfully a multi-local production structure. The transition phase from a centralized structure to a multi-local production structure will be analyzed;
- a module focused on the various aspects connected to the implementation of an international retail network (how to create new markets/how to exploit existent markets) integrating the concepts taught in the previous courses. The students will be required to perform practical exercises on real cases.
MODULO 1:The objective is to provide the knowledge needed to set up and manage the business contacts with foreign countries in view of both the planning of trade policy and the organization of the sales network. Topics include: the choice of commercial intermediaries, the build-up of a budget of internationalization, the economic and financial assessments of the commercial network.
MODULO 2:
Starting from the Italian design industries, this session covers the process of delocalizing production from local to global network. The international sourcing will be analysed from operational execution to the approach of cultural differences.
MODULO 3:
The content of this session is to show to the students why is important to create an International Distribution Network and to give a strong insight on the diifferents models of distribution in order that the partecipants will be able to choose the right model of distribution , in the differents markets, depending of the situation of the company situation and the local conditions of the market. During this session will be ,also, discussed in depth how to control it via the follow-up of some importants KPI's and the right contracts.
Course Delivery
The course will be run under a workshop format requiring active students’ involvement.
Projects on the field, company visits and exercises are part of the program. Lectures are held, by academic professors and company managers, throughout the entire semester. Students are responsible for LEARNING the material before coming to class and for PROVIDING a meaningful contribution to the discussion led by the instructor. It means to be able to provide accurate and sensible answers and comments whenever personally quizzed by the instructor (it will happen several time during each lecture) and to contribute new and original ideas.
In preparing for lectures students are required to know any detail of the required readings (academic papers from top journals), but are also invited to extend their reading to related papers listed in the references of the required readings, to related paper discovered through personal search on the internet, to related newspaper articles they may become aware of through their daily reading. The students are responsible for consulting on a regular basis the website of the course on “my.liuc.it” where updates, additional material and slides about the course are posted. No excuse accepted for any failure during the course due to a delayed consultation of the website.
Course Evaluation
For students attending classes, the grade will be based on the average of grades obtained in each of the three parts of the course. The grade will be based on written exams, class participation, quality of the contributions to the class discussions and work group presentations. In order to be considered “attending student” is required the 80% of presence in the classes of each single part and the instructor evaluation of the written exams of the single part. All other students should pass an oral exam. The program of the oral exam will be defined by the coordinator of the course.
Syllabus
Session 1 Hours of lesson: 0 Instructor: A. Sinatra | Topics: Introduction to the course. Readings: |
Session 2 Hours of lesson: 2 Instructor: G. Toscano | Topics: How do firms go international ? The organizational and economic impacts of alternative entry strategies (by exporting products, by establishing sale representatives, by setting up production facilities) Readings: |
Session 3 Hours of lesson: 3 Instructor: G. Toscano | Topics: The economics of internationalization strategies and export activities: the costs and revenues drivers Readings: |
Session 4 Hours of lesson: 2 Instructor: G. Toscano | Topics: Variables costs and fixed costs management: different organizational strategies to gain volume and value towards the internationalization process Readings: |
Session 5 Hours of lesson: 3 Instructor: G. Toscano | Topics: How plan the internationalizations activities ? From the competitive analysis and the goals setting towards the business plan definition Readings: |
Session 6 Hours of lesson: 3 Instructor: G. Toscano | Topics: How to build up the economic budget for internationalization project and export activities Readings: |
Session 7 Hours of lesson: 2 Instructor: G. Toscano | Topics: How to build up the financial sustainability for internationalization project and export activities. Costs and benefits of different financing solutions. Credit risks analysis and credit management.
Readings: |
Session 8 Hours of lesson: 3 Instructor: G. Toscano | Topics: projects presentations and discussions Readings: |
Session 9 Hours of lesson: 2 Instructor: M. Bonfanti | Topics: Lo sviluppo prodotto: processi, product costing e impatti sulle operations Readings: |
Session 10 Hours of lesson: 3 Instructor: M. Bonfanti | Topics: Globalizzazione e internazionalizzazione delle aziende: evoluzione dei processi e competenze nelle operations Readings: |
Session 11 Hours of lesson: 2 Instructor: M. Bonfanti | Topics: Monitoraggio delle prestazioni: il piano strategico degli acquisti, la valutazione dei fornitori e KPI delle operations Readings: |
Session 12 Hours of lesson: 3 Instructor: M. Bonfanti | Topics: Il Marketing d’acquisto nel contesto internazionale Readings: |
Session 13 Hours of lesson: 2 Instructor: M. Bonfanti | Topics: L’evoluzione della Supply Chain (il caso Fast Fashion) Readings: |
Session 14 Hours of lesson: 3 Instructor: M. Bonfanti | Topics: Le relazioni interculturali e le modalità operative nei mercati emergenti: il Far East Readings: |
Session 15 Hours of lesson: 2 Instructor: M. Monzini | Topics: distribution network how to create and manage it Readings: |
Session 16 Hours of lesson: 2 Instructor: M. Monzini | Topics: presentation of the course ; the importance of building an International Distribution network Readings: |
Session 17 Hours of lesson: 3 Instructor: M. Monzini | Topics: the elements to be taken into consideration Readings: |
Session 18 Hours of lesson: 2 Instructor: M. Monzini | Topics: the elements to be taken into consideration Readings: |
Session 19 Hours of lesson: 3 Instructor: M. Monzini | Topics: "export" and" market creation", direct and indirect involvment how to choose them. Readings: |
Session 20 Hours of lesson: 2 Instructor: | Topics: route to market some examples. Readings: |
Session 21 Hours of lesson: 3 Instructor: M. Monzini | Topics: projects presentations and discussion Readings: |
Session 22 Hours of lesson: 2 Instructor: A. Sinatra | Topics: Panell discussion:why we have choosen the three topics of the course Readings: |
Session 23 Hours of lesson: 3 Instructor: A. Sinatra | Topics: Summary, conclusions and student's feedbach Readings: |