A significant number of organisations perform an increasing proportion of their activities outside home countries, and are thus impacted - positively or negatively- by world affairs. But domestic organisations, i.e. the ones operating within a single national environment, -small or large, no matter in which sector- should not ignore the importance of world affairs, and must be well prepared to cope with a fast-changing environment. The course introduces students to techniques for interpreting the macro-enviroment such as scenario planning through a mixture of lecturers, case studies and practical exercises. The course also looks at the changing global pressures acting on organisations and how they impact on organisational and managerial processes.

The objective of this course is to prepare management graduates for monitoring global changes, interpreting their impact on the management of companies and to reflect in an insightful way on the implications of these changes for them as professionals and as individuals. Among other things, the course will provide particiapnts with a set of considerations that they will need to address if they are successfully to manage their futures in a fast-changing environment. It encourages them to explore the means by which they can manage uncertainty and ambiguity. The course starts from an assumption that the knowledge acquired in their formal management education program will date rapidly and it focuses on continuous learning, both as a means of compensating for the ageing of management knowledge and as a management tool in its own right. Ultimately, it provides a useful framework for integrating global, corporate and personal perspectives.

At the end of this course students will be able to:

• interpret changes in the global environment with insight
• relate what is happening in the global / external macro-environment to what is happening at the corporate level in organisations
• translate the understanding gained from these into more effective and more satisfying performance as managers

Case study presentations and discussion- 10%

Group Global Crisis Presentation- 30%

Final Examination- 60%

3-hour seminar per week

At least an average of 65% (or equivalent) in the final two years of an Australian undergraduate degree and a minimum of three years professional or managerial work experience.

Although there are no formal prerequisites, this is a capstone course designed partly to provide an opportunity for participants to reflect on the subject matter covered elsewhere in their program and partly for them to consider the broader context within which their studies must be placed in order for them to be successful managers in the global economy. The course both provides closure to their formal studies and helps to prepare them for the ongoing management of their learning and their future careers.

This course is normally only available to students enrolled in the Graduate Certificate in Management, Master of Management, or Master of Business Administration degree programs.

Sessional courses are not available for general enrolment. Please refer to the Master of Management and MBA study options websites on available offerings.

For further information please see Course Website