Leading Global Business Strategy
Winning Strategies for Emerging and Developed Markets
Global markets, including emerging and developed, present unique opportunities for growth, innovation, and competitive advantage. Navigating these opportunities, however, requires a sophisticated understanding of business environments increasingly shaped by geopolitical tensions, trending deglobalization, frequent supply chain disruptions, and rapid digitalization. Today’s leaders, whether their organization is expanding from developed to emerging markets and/or from emerging markets to developed, need a multifaceted toolkit to effectively navigate these complexities to capitalize on unrealized opportunities.
This immersive program provides a deep dive at the intersection of emerging and developed markets. You will gain cutting-edge insights and tactics to assess and mitigate risks, identify and harness key opportunities, and develop actionable strategies for value creation that are adaptable to both global trends and local nuances. This intentional balance empowers you and your organization to maximize the potential of your enterprise across diverse business landscapes.
The Duke ROI
Strategically Navigate Global Markets
ROI: Develop a deep understanding of the interplay between local and global market forces. This program equips you with the analytical tools necessary to navigate and adapt to geopolitical considerations and economic variances, ensuring successful strategy development and implementation.
Enhance Risk Identification and Mitigation
ROI: Apply an adaptive framework for recognizing and managing geopolitical and economic risks in any market—enhancing your organization’s strategic resilience and agility.
Optimize Market Entry and Expansion
ROI: Deploy growth strategies for identifying, evaluating, and capitalizing on untapped opportunities, whether entering emerging markets from developed economies or penetrating developed markets from emerging bases.
Key Takeaways
- Global Expansion with Local Adaptation: Develop strategic frameworks for entering both global and emerging markets, adjusting business models to meet local regulatory, infrastructural, and cultural challenges, ensuring relevance across diverse regions.
- Efficient Resource Allocation Across Markets: Learn how to optimize resource allocation by centralizing core functions globally while providing the flexibility needed to adapt to the unique conditions of emerging markets, maximizing efficiency and local effectiveness.
- Navigating Complex Supply Chains in Global and Emerging Markets: Master strategies to manage global supply chains that can adapt to the varying logistical challenges of established and emerging markets, ensuring resilience and operational continuity.
- Ensuring Compliance Across Global and Emerging Markets: Understand how to develop strategies that navigate the complex regulatory landscapes in both global and emerging markets, maintaining compliance while supporting growth.
- Driving Innovation from Global and Emerging Markets: Learn how to leverage market-specific insights to drive innovation, using the distinct conditions and needs of both global and emerging markets to create solutions that can scale internationally.
- Building Competitive Advantage in Global and Emerging Markets: Gain actionable strategies to create competitive advantages by leveraging local expertise, adapting operations, and maintaining global consistency, ensuring long-term success in both established and emerging markets.
Who Should Attend?
This program is designed for emerging and advanced executives, managers, and leaders responsible for business strategy and execution. Ideal participants include:
- Senior Executives and Business Leaders responsible for growth strategy and execution.
- Professionals in multinational corporations leading efforts to expand into emerging markets and/or developed economies.
- Entrepreneurs and investors pursuing opportunities at the intersection of emerging and developed economies.
- Executives in sectors with significant emerging market potential or those seeking access to developed markets.
More About Duke's Global Business Strategy Program
Join us for an immersive three-day experience in global business strategy held on-site. Our program is meticulously designed to provide you with a blend of interactive lectures, discussion, and case studies tailored to the complexities of international markets.
Each session is led by expert faculty, who bring a wealth of insights and experience in global market analysis, risk management, and strategic adaptation. Prepare to transform your approach to international business strategy with guidance from leading experts in the field.
To fully participate in the program, participants are required to bring a laptop to each session.
All program sessions will be held at the Thomas Executive Conference Center, a premiere destination conveniently located on the Duke Campus and adjacent to the Fuqua School of Business.
Lodging, dinner on arrival the evening prior to the program as well as Day 1 and Day 2, and daily breakfast and lunch on Days 1, 2, and 3 are included in the registration fee. Snacks are also provided throughout the program day.
Program Registration Calendar
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Reduced pricing available if lodging accommodation is not needed.
Contact Details
Duke Executive Education
100 Fuqua Drive
Durham, NC 27708-0120 USA
Office Hours
Monday - Friday
8:30 am - 5:00 pm
Curriculum
The curriculum is designed to facilitate the development and execution of global business strategy with a special focus on emerging markets. You will engage with advanced strategic frameworks that enable you to understand and navigate the complex dynamics of international markets. Through detailed analysis and interactive sessions, you will gain the tools needed to assess and leverage global opportunities and return to your organization equipped to influence and drive strategic decisions effectively.
Understanding Global Market Dynamics: Gain a comprehensive overview of the global business landscape, focusing on the critical drivers of change in developed and emerging markets.
Strategic Frameworks for Global Expansion: In-depth exploration of key strategic frameworks that guide successful market entry and expansion, illustrated with case studies from around the world.
Leadership in a Volatile and Uncertain World: Develop leadership strategies that enhance resilience and agility, preparing you to lead effectively in challenging global environments.
Innovating on a Global Scale: Learn how to leverage digital technologies and innovative strategies to drive business growth and maintain a competitive edge in fast-evolving markets.
Executing Global Strategy: Master the best practices for implementing and managing strategic initiatives across borders, with a focus on aligning multinational teams and stakeholders.
Cultivating a Global Mindset: Foster an organizational culture that embraces global thinking and adaptability, crucial for sustaining long-term growth in diverse environments.
In order to lead global business strategy, upon completing this program you will be positioned to:
- Assess the risks associated with entering and operating in emerging markets and form mitigation strategies.
- Evaluate and select optimal market entry and expansion strategies for international markets, considering local regulations, cultural nuances, and competitive landscapes.
- Harness local innovation in driving business growth and sustainability.
- Draw on global leadership skills emphasizing adaptability, cultural intelligence, and strategic decision making.
Program Schedule
Day 1
9:00 – 10:30 a.m.
Effective Business Strategies for Success in Emerging Markets
10:30 – 10:50 a.m.
Break
10:50 a.m. – 12:30 p.m.
Creating Synergies Through Strategic Partnerships
12:30 – 1:30 p.m.
Lunch
1:30 – 3:00 p.m.
Case - Scaling a Healthcare Startup: Strategies for Growth and Success
3:00 – 3:20 p.m.
Break
3:20 – 5:00 p.m.
Case - Private Equity Investments in Healthcare: Opportunities and Challenges
Day 2
9:00 – 10:30 a.m.
Value Creation and Value Capture Within Supply Chains
10:30 – 10:50 a.m.
Break
10:50 a.m. – 12:30 p.m.
Global Expansion: Strategies for Entering and Thriving in International Markets
12:30 – 1:30 p.m.
Lunch
1:30 – 3:00 p.m.
Conducting Business in High-Risk Environments: Strategies and Best Practices
3:00 – 3:20 p.m.
Break
3:20 - 5:00 p.m.
Understanding Corporate Structure in Emerging Markets: Foundations and Frameworks
Day 3
9:00 – 10:30 a.m.
Non-Market Strategy and Stakeholder Analysis
10:30 – 10:50 p.m.
Break
10:50 – 12:30 p.m.
Understanding and Combating Corruption: Strategies for Ethical Governance + Program Close
12:30 – 1:30 p.m.
Lunch
Faculty
Dr. Sharon Belenzon
Belenzon is the Fundación Damm Distinguished Professor of Business Administration in the Strategy area at the Fuqua School of Business at Duke University and a Research Associate at the National Bureau of Economic Research (NBER). His research focuses on the role of businesses in advancing scientific knowledge and technological innovation. Specifically, he explores why American corporations participate in scientific research and why their involvement has been declining over the past four decades. This decline reflects deeper shifts in the global innovation ecosystem, where the traditional role of corporate labs is diminishing, and universities and startups are becoming key drivers of research. These changes have significant implications not only for corporate strategy and economic policy but also for international competitiveness. Globally, as U.S. firms reduce in-house research, they may become more dependent on acquisitions of innovative startups or partnerships with universities, which could alter the dynamics of international competition. Emerging markets with different innovation structures may either exploit this gap by developing more agile research ecosystems or face challenges in catching up with established global leaders. For U.S. firms, these shifts may necessitate a stronger focus on collaboration across borders and the need to source innovations from diverse ecosystems, including emerging markets. For economic policy, the increasing specialization in university and startup-led research presents challenges in commercializing innovations effectively, particularly on a global scale. Nations that can manage this tradeoff between specialization and commercialization will likely gain a competitive advantage. However, the inability to bring cutting-edge research to market efficiently could slow economic growth and weaken the competitive positioning of firms in the global marketplace, especially in sectors where speed and agility are critical.
In separate work, Belenzon investigates the relationship between organizational structure and corporate strategy in both developed and emerging markets. His research highlights how firms in different regions adapt their organizational models to optimize economic outcomes, with varying implications for their global competitive standing. The strategies that work in the U.S. or Europe may not be directly transferable to firms in emerging economies, where innovation systems, regulatory environments, and corporate governance structures differ significantly. His research has been published in top academic journals, such as Management Science, Strategic Management Journal, American Economic Review, Review of Economics and Statistics, Economic Journal, Research Policy, and Journal of Law and Economics. He received his PhD from the London School of Economics and Political Science and completed post-doctoral work at the University of Oxford, Nuffield College. He was the 2007 recipient of the Kauffman Foundation post-doctoral fellowship at the NBER. He also holds MA and BA degrees in Economics from Tel Aviv University, Israel. Belenzon has served as an Associate Editor for Management Science since January 2016 and for Strategic Management Journal since July 2016.
Dr. Ashish Arora
Ashish Arora is the Senior Associate Dean for Strategy and Rex D. Adams Professor of Business Administration at the Fuqua School of Business at Duke University.
His research focuses on the economics of technology and technical change. Arora's research has included the study of technology intensive industries such as software, biotechnology and chemicals, the economics of information security, and the role of patents and licensing in promoting technology startups. He has studied the rise of the software industry and the pharmaceutical industry in emerging economies. His current research focuses on the management of intellectual property and licensing in corporations, and innovation based entrepreneurship.
Arora has taught a variety of courses, including Economics of Information Security and Risk Management. He currently teaches Entrepreneurial Strategy for Innovation Based Ventures, and Emerging Markets Strategy.
He serves as departmental editor, Management Science, served as an editor of Research Policy between 2008 - 2014, and is on the editorial board of Strategic Management Journal, Research Policy, Industrial and Corporate Change, Information Economics and Policy, Journal of Evolutionary Economics. In the past, he has served on advisory panels to the Secretary of Commerce, the National Academy of Sciences, and The Association for Computing Machinery.
He has consulted to the Chemical Manufacturing Association, National Science Foundation, Chemical Heritage Foundation, Intellectual Ventures, UK Intellectual Property Office, the Brattle Group, Intel Capital and Tata Consultancy Services, and to startups including SCA Technologies, Upswing (advisory board), Wunderbar Kids (advisory board).
Arora received his Ph.D. in Economics from Stanford University in 1992, and was on the faculty at the Heinz School, Carnegie Mellon University, where he held the H. John Heinz Professorship, till 2009. He has served as a visiting professor at Scuola Santa Anna, Pisa, Bocconi University, Milan, and Indian School of Business, Hyderabad.
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