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It is common for managers and firms to highlight the difference culture makes to business and management. However, arguably more important are the differences between countries in the social, political, economic and legal institutions that enable and underpin business activity. This free course, International management: An institutional perspective, takes a research-based look at the differences around the world in how capitalism is practised and the practical difference this makes to managers who need to manage or do business across borders.

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English [CC]

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Description

Course learning outcomes

After studying this course, you should be able to:

  • Critically understand institutional differences between different national and regional contexts and their implications for leadership and management
  • Understand how the varieties of capitalism framework can be used to highlight differences between national systems of business
  • Use institutional perspectives as a lens to generate a more critical understanding of an organisation's international context and management practices
  • Access information on different institutional contexts and draw conclusions about their implications.

Course content

  • Introduction 00:15:00
  • Learning outcomes 00:10:00
  • Introducing institutions 00:15:00
  • Understanding institutions 00:25:00
  • What sustains institutions? 00:15:00
    • Institutional pressures within multinational firms 00:10:00
    • Global integration versus local adaptation 00:10:00
    • Introducing the varieties of capitalism approach 00:15:00
    • Mechanisms for firm coordination 00:15:00
    • Institutional complementarities 00:10:00
    • Comparative advantage of nations 00:15:00
    • A deeper look at the varieties of capitalism approach 00:15:00
    • Institutional pressures within multinational firms 00:15:00
    • Global integration versus local adaptation 00:15:00
    • Introducing the varieties of capitalism approach 00:15:00
    • Mechanisms for firm coordination 00:20:00
    • Institutional complementarities 00:10:00
    • Comparative advantage of nations 00:10:00
    • A deeper look at the varieties of capitalism approach 00:10:00
    • Identifying country profiles 00:20:00
    • Labour regulation 00:20:00
    • Building a more detailed understanding of country profiles 00:15:00
    • Conclusion 00:10:00

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Open University UK
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