In-Person Session
1. What Is International Strategic Management?
International strategic management is the ongoing process of formulating and implementing strategies that allow a firm to compete effectively across national markets. The challenge is broader than choosing a country: managers must decide where to compete, how to compete, what capabilities create advantage, and how different parts of the organization should work together.
Corporate Strategy — Predict the Outcome
Begin with a live class poll exploring three corporate-level approaches: single business, related diversification, and unrelated diversification. Across three five-year scenarios, predict which firm produced the largest percentage change in revenue, then compare the class prediction with the source-provided result.
This is an exploratory poll rather than a scored activity. Use the reveal to discuss why no corporate strategy automatically guarantees stronger performance.
Three Sources of Competitive Advantage
Global efficiencies can come from location choices, scale, and scope. Multinational flexibility helps firms respond to differences among national environments. Worldwide learning allows knowledge from one market to improve performance elsewhere.
2. Four International Strategic Alternatives
Firms can emphasize a domestically developed advantage through home replication, adapt heavily through a multidomestic strategy, standardize globally through a global strategy, or attempt to combine worldwide efficiency with local responsiveness through a transnational strategy.
The balancing act
The four alternatives become easier to distinguish when you ask two questions: How strong are the pressures for global efficiencies? How strong are the pressures for local responsiveness and flexibility?
3. Strategy Review — Team Challenge
Work in one of six teams to apply the week’s core strategy concepts. The activity begins with the three sources of competitive advantage and then moves to the four international strategic alternatives. Discuss each scenario with your team and lock in one answer before the instructor reveals the result.
How the team challenge works
Each team uses one device. Answers are locked once submitted and remain hidden from the other teams until the instructor reveals the correct response. The scoreboard updates throughout the activity, and each reveal includes a short explanation so you can distinguish closely related concepts such as multidomestic and transnational strategy.





