In this issue: Survival tips as euro tumbles, pros/cons of business in India, blurred lines between business/social sectors in developing countries and global strategy tips.

Thunderbird Executive Newsletter
Summer 2010

Feature: Global Financial Services

Emerging Markets

Global Leadership

Quick Tips

Global Financial Services

John Mathis, Ph.D., Thunderbird Professor Currency crisis survival kit: Three things you need as euro tumbles. Global companies struggling to navigate the currency crisis spreading from Europe to other regions need at least three things in their survival kits. Find out what a recent Thunderbird panel, led by Professor F. John Mathis, Ph.D., named as euro survival gear. Read more

Watch “European Debt and Global Currency Chaos” Webcast (1:00:51)

Does this topic interest you? Study global finance in depth – and on your time – with Thunderbird’s online Executive Certificate in Global Finance.


Emerging Markets

The lure of IndiaThe lure of India: Its promises and pitfalls. Considering taking your business – or investment dollars - into India? Several encouraging factors make that a lucrative proposition. But beware the pitfalls. Thunderbird professors Kishore Dash, Ph.D., and Sundaresan Ram, Ph.D., share their insights based on decades of experience in India. Read more

Professor Dash shares reasons for choosing India (4:00)
Professor Ram discusses India’s two greatest pitfalls (2:37)
Professors Ram & Dash debate benefits/detriments of business in India (37:54)


Global Leadership

Blurring the lines between business and nonprofit. Families in developing countries at the base of the pyramid are not just victims in need of a handout. They are your next clients. Thunderbird President Ángel Cabrera, Ph.D., says opportunities abound in developing countries as the wall comes down between business and social sectors. Read more

Dr. Cabrera shares his views on “Tearing down the wall” (5:35)
Dr. Cabrera shares more on this topic with participants at Thunderbird’s “American Express Emerging Social Sector Leadership Program” (20:20)


Quick Tips

Creating Value through Global Strategy

Success in any organization starts at the top with clear strategy, says Thunderbird Professor Kannan Ramaswamy, Ph.D. – who designed and delivers Thunderbird’s renowned executive education program Creating Value through Global Strategy (Oct. 11-15, 2010). Here are his quick tips for effective strategy development and implementation.

1. Find true north. Strategy requires organizations to understand where true north lies. Focus on your organization's core values and strengths, and do not get sidetracked.

2. Master the market. Find out what the customer wants that you can deliver better than anyone else. Sometimes this involves helping customers discover a need they did not know they had.

3. Formulate strategy. Put it in writing, and let that guide your decisions.

4. Galvanize the troops. Communicate the strategy at all levels of the organization. Get everybody energized and motivated and marching toward the same goal. That is a huge role of any leader.

5. Monitor and adjust. Maintain a healthy disrespect for history. You need to understand who you are and where you came from, but also question the direction you are taking. Question the sources of success, and whether they are still relevant in today's marketplace.

Dr. Ramaswamy discusses this topic in more detail (2:08)

Does this topic interest you? Get an in-depth understanding of executing a strategic globalization plan at Creating Value through Global Strategy this October!

PROGRAMS & EVENTS

Executive Certificate in Global Finance. Register today.

Executive Certificate in Global Finance, Marketing or Negotiations
Online track begins Aug. 2, 2010

Thunderbird European Reunion
Bad Ischl, Austria
Sept. 16-19, 2010

ThunderDay
Thunderbird Campus
Oct. 2-3, 2010

Thunderbird International Consortia
Thunderbird Campus
Oct. 3-14, 2010

Communicating and Negotiating with a Global Mindset
Thunderbird Campus
Oct. 5-7, 2010

Creating Value Through Global Strategy
Thunderbird Campus
Oct. 11-15, 2010

Leading and Managing in Turbulent Times: Global Leadership Certificate Program
Thunderbird Campus
Oct. 26-28, 2010

Advanced Management Program for Oil and Gas Industry Executives
Thunderbird Campus
Nov. 1-12, 2010

Thunderbird International Consortia
Thunderbird Campus
Nov. 7-18, 2010

Leading Global Projects for Strategic Results
Geneva
Nov. 10-12, 2010

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