External Shocks Affecting Business: Participants will understand a firm’s external environment and its impact on their strategies and performance. We will examine how key macroeconomic variables, such as interest rates, inflation, and fiscal policies, are determined. Subsequently, how these factors impact firm decisions and overall economic growth. Finally, we delve into the complexities of global markets and their implications for firms’ operations, specifically global monetary policy spillover and GVCs.

Critical and Integrative Thinking: Through case studies and practical applications, participants will develop the analytical skills and strategic acumen of external environment necessary to thrive in an increasingly interconnected and competitive global business environment.

Participants will learn about a robust set of tools to explain performance differentials between firms. They will develop the skills needed to analyse strategic issues that firms face, gain the ability to derive strategic insights from data, and become familiar with formulating strategic recommendations that enable firms to overcome challenges in implementing them successfully. 

Understanding cognitive biases and decision models is crucial for making rational choices. This module will explore these concepts in depth, providing strategies to mitigate biases and improve decision-making effectiveness. Participants will learn how to assess bias affecting decisions and derive decision models for their organisation.

This module touches upon the transformative impact of AI on digital transformation, exploring how AI enables automation, enhances efficiency, fosters innovation, and creates intelligent systems that learn and adapt responsibly. By embracing AI technologies and leveraging data-driven insights, participants will discover significant opportunities to unlock new levels of operation to lead their organisations effectively in the digital age.

In this module, we will adopt a problem-based approach to create a sustainable organisation amidst the global sustainability era. We will consider the Asian regional aspirations and regulations to address key concerns, particularly climate change and transition. The module will set the basis to execute the core economics, environmental, social and governance (EESG) domains. We will discuss best practices and recent research findings on sustainability applications. The underlying application will be for the contemporary commercial settings across multiple industries.

The module will provide an overview of industrial revolutions and implications. With macroeconomic uncertainties, Industry transformation and technology disruption coming together, companies need to think about how to prepare and respond, especially as industry lines blur and new entrants emerge. 

We will look at trends around technology disruption, business models around digitalisation, and how companies are implementing digitalisation and transformation in Asia. 

The module is designed to help students understand how political, social, and economic institutions affect business decisions and outcomes. It will stimulate thinking on why public institutions are necessary from a business perspective, evolution of private and public institutions in a dynamic environment, and the reciprocal relationships between government and business in the larger context of social and economic development.

The module will explore sustainable value creation and generative leadership, starting with understanding the purpose of business, as seen from the viewpoint of various stakeholder groups. Participants learn what responsible leadership means in this context and define ‘Sustainable Value creation’ and the inherent tensions.

The module explores how we can evolve a common ethical framework and juxtapose this with the stakeholder requirements of sustainable value creation. Participants will delve into several case studies to examine how these frameworks can be applied.