1. GLOBAL BUSINESS Day 2 September 3rd 2015
PROFESSOR ROBIN MATTHEWS
EMERITUS KBS LONDON
RANEPA MOSCOW
ECONOMIC STRATEGIES MOSCOW
Website
robindcmatthews.com
9/16/2019
robindcmatthews

2. Day 2 September 3rd big picture
Some Interrelated Concepts
Emmergenceadaptive s
Large N system
Emergence
Evolution
(self)
organization
Interdependence
Complex Adaptive System

3. TOPIC AREAS The macro picture Global industries
Global firms organizations and institutions

4. The macro picture Global business context Short history 1970 – 2008
Global growth
Demography
Urbanisation
Global financial crisis
Repercussions 2012 – present
Eurozone
China, Russia and other EM’s
USA and other DM’s
Short and long run trends
Singularity- techno-science and MOOC’s

5. Global industries The new economy Techno-science and informationalism
Interactions with global industries(gi)
Neo liberalism and the Washington Consensus
Interactions and co-evolution with gi
Co- evolution of firms and industries
Coalition in gi
Industry and firm boundaries

6. Global firms organizations and institutions
Co-evolution of global firms (gf) and industries (gi)
Co-evolution of gi and other systems
Nature
Entropy
Dissipative systems
Organizational networks
Small worlds
Leveraging capabilities
Natural ownership
Product space
Economic development

7. Evolution and change distinction Typest Random no pattern
Normal distribution
Bell shaped or approximately so
Fat tailed distributions
change on all scales possible; Black Swans
Deterministic
predictable
Chaotic
Deterministic within attractors
Catastrophic
Singularity and great extinctions
Self ordered criticality
Attraction to tipping points; major (phase) transitions.
change
Evolution

8. Concepts and theory Complex Adaptive Systems (CAS)
Global economy as a CAS
spillovers, synergy, blowbacks, contagion
Interdependence and Networks
Implications for global business
preferential selection
Ethics governance and empathy
Systemic risk and other types of risk
Too big to fail
Expected value and expected utility