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Topic 2 – Sustainable IB Environment
Tutorial 3 Topic 2 – Sustainable IB Environment
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IB Environment Drivers
Political Political Economical Economical IB Organisations Social/Cultural Social/Cultural Threats (Risks) & Opportunities Impacts Technological Technological Legal Legal Environmental Environmental
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The Lecture Highlights
Monoculture organisations – multicultural organisations Cultural & Linguistic Diversity Cross cultural and communication issues Cross cultural beliefs & values related issues Education focus differences Legal interpretation differences Different legal systems – interpretation & compliance variations Different political systems – political risks exposure affecting IB ownership, operations & resource transfers Different economic systems – market risks, economic performance differences Technology advancements – untapped impacts opportunities Environmental ecology impact issues Political Economical Social/Cultural Technological Legal Environmental
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Ideal balanced IB environment
Goodie Governments Goodie IB Organisations
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IB Environment Drivers
Emerging Markets Emerging Markets CleanTech CleanTech IB Organisations Global Banking Reforms Global Banking Reforms Threats (Risks) & Opportunities Impacts Govt/Industry Partnerships Govt/Industry Partnerships ICT Innovations ICT Innovations Demographic changes Demographic changes
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IB Environment Drivers
Changing Global Power structure Changing Global Power structure IB Organisations Disruptive Technology Disruptive Technology Threats (Risks) & Opportunities Impacts Demographic changes Demographic changes
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Readings Tracking Global Trends - Trend drivers
Conclusions concerning the promotion of sustainable enterprises – roles of government & industry leaders The Cultural Environments Facing Business - CALD and cross culture management in IB organisations National Differences in Political Economy – PEST factors
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Case Study 1 Analysis (3.11 min) Evil Macca -
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Case Study 2 Analysis https://en.wikipedia.org/wiki/BP_Solar
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Case Study 3 Analysis Tsunami – Environmental Risk
9/11 – Political/social risk GFC – Economic/political risks (cause of GFC - ; CEO Jamie Dimon steers JPMorgan Chase through crisis - ABC News Long Video
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