In today's world, managers need to develop strategies and operating systems that enable their companies to respond effectively to global competitors both at home and abroad. To do so, they must be able to anticipate changes occurring in both the macro international environment with its political, economic, and socio-cultural dimensions, and in the industry and competitive environments specific to their companies. These are the fundamental questions addressed by the Multinational Management courses. At the general management level of every organization, the requirements for individual success call for a unique combination of abilities and capabilities. It means not only managing the parts of the organization, but also tying the parts together, making and maintaining policy, and leading the entire enterprise in worthwhile directions.
Strategic management implies a breadth of perspective that goes beyond internal operations only.
Time horizons are more distant. It usually takes special preparation, conditioning, and experience to qualify for policy-level positions. The Strategic Management courses provide an educational experience intended to help the student understand how strategic management is different than the management of a particular part or function of an organization. These courses emphasize the realistic situations faced by those in top management as well as the theoretical bases for analysis of such situations.