CD Section >>
FG has authored 15 books and more than two dozen book chapters,
scholarly journal articles, and academic review articles. In addition,
he has pioneered the efforts by Penn State's Center for Global Business
Studies to extend long-distance education through the use of
multi-media instructional CDs and booklets.
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"Global Tectonics: What Every Business Needs to Know"
Worldwide, CEOs and senior managers need to prepare their industries for Global Tectonics--the process by which developing trends in technology, nature, and society slowly revolutionize the business environment of the future. Much like the earth’s tectonic plates, global trends shift unnoticed as they transform our industrial and societal topography. Business executives easily and often overlook such gradual developments — that is until a major quake shakes their corporate foundations.
We have identified twelve global trends that will present the most formidable challenges to world business leaders in the next thirty years. Developments in areas such as demography, infectious disease, resource degradation, economic integration, nano and information technologies, international conflict, and governance will determine corporate strategy. Whether these tectonic shifts put industries through minor tremors or major earthquakes will depend on how businesses have prepared for imminent change. Corporations have both the ability and the responsibility to foresee, to understand, and to adjust to these trends as they unfold.
We categorize tectonic shifts as societal, technological, and environmental. One set of global trends arises from the interactions of people with their environment. The global population is growing, cities are burgeoning, and these demographic changes impact resource management, health, and the quality of life for people and businesses around the world. Technology, another tectonic driver, powers economic growth and development. Advances in biotechnology, nanotechnology, and information systems have enhanced global economic integration, fueling what we now term the ‘knowledge economy’. A third set of trends describes shifts within the international system and civil society. The end of the Cold War sparked a new wave of democratization, economic integration, and governance that continues to transform the fundamentals of international business.
Many of these trends overlap in both degree and direction, often compounding their impact on industry. For instance, the availability of land, labor, and critical inputs such as energy, depends on trends in population growth, biotechnology, urbanization, and natural resource management. We also observe that the growth of the knowledge economy and enhanced economic integration have risen mainly from developments in the field of information technology. Given the interconnectivity and synergy between such trends, business leaders must interpret tectonic shifts on a case-by-case basis. Every business, regardless of its size or industry, must view day-to-day operations in light of these global developments. Our report and presentations facilitate this type of analysis by clearly outlining global trends and their potential impact on international business. The evolution of global tectonics will be pivotal in CEOs’ decision-making processes, now and decades into the future. |
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"Financing Growth in Developing Economies"
Finance
agencies in countries belonging to the Organization for Economic
Cooperation and Development (OECD) provide an important stimulus to
economic development. The services of these agencies are valuable to
businesses in OECD nations wishing to penetrate overseas markets, to
businesses in developing nations seeking capital, and to governments in
developing countries. This book surveys and compares 11 such agencies.
Because these agencies operate under their own separate mandates, they
differ in many of their objectives and in how they provide development
finance. However, these agencies also share many goals and practices
and, viewed together, offer an impressive array of resources. By
comparing the specific characteristics of the agencies, the book is a
valuable tool for companies seeking investment assistance as well as
governments hoping to attract foreign investment. |
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"New Information Technology & Its Impact on Global Business Management"
The
Penn State Center for Global Business Studies hosted the second William
A. Schreyer Symposium entitled "New Information Technology and Its
Impact on Global Business Management." The symposium, held in New York
City, attracted media from the Associated Press, Dow Jones, Fortune,
Reuters, The WallStreet Journal, CNBC and MSNBC. More than 70
distinguished leaders from business and academia came together to
discuss how information technology is dramatically changing the
landscape of conducting business and to explore relevant solutions to
the challenges ahead. Featured speakers included William A. Schreyer,
chairman emeritus of Merrill Lynch & Co., Inc.; Alfred R. Berkeley,
III, president of NASDAQ; Earnest W. Deavenport, Jr., chairman and CEO
of Eastman Chemical Company; and several CIOs of Fortune 100 companies. |
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"New Financial Instruments: Horizons for Risk Management"
"New
Financial Instruments: Horizons for Risk Management" was the inaugural
symposium in the William A. Schreyer Symposium Series held September 28
and 29, 1995, on Penn State's University Park Campus. The symposium
covered the impact of the new financial instruments on the risk
management operations of corporations and financial institutions around
the world, while highlighting their effect on world markets and
reviewing the need for corporate regulation. |
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"Financing Third World Development: A Survey of Official Project Finance Programs OECD Countries"
Project
finance agencies in countries belonging to the Organization for
Economic Cooperation and Development (OECD) provide an important
stimulus to economic development in the Third World. The services of
these agencies are valuable to businessmen in OECD nations wishing to
penetrate overseas markets, to business leaders in developing nations
seeking capital, and to governments in developing countries. This book
surveys and compares eight such agencies:
Central
Fund for Economic Cooperation (France), Commonwealth Development
Cooperation(UK),European Investment Bank (European Community), German
Company for Economic Cooperation, Netherlands Finance Company for
Developing Countries, Overseas Economic Cooperation Fund and
Export-Import Bank of Japan, Overseas Private Investment Cooperation
(United States).
Because
the agencies operate under their own separate mandates, they differ in
many of their objectives and in how they provide development finance.
But they also share many goals and practices and, viewed together,
offer an impressive array of resources. By comparing the specific
characteristics of the agencies, the book will be a valuable tool for
companies seeking investment assistance as well as governments hoping
to attract foreign investment. |
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"U.S Industrial Competitiveness: The Case of the Textile and Apparel Industry"
This
book examines the global and domestic forces that have affected the
performance of the U.S manufacturing sector. These forces are complex
in nature, and many were unimagined 20 years ago. The corporate and
governmental responses to these developments are examined and
recommendations for increasing the competitiveness of U.S industry are
discussed. The book is an account, based on statistical evidence and
firsthand consultation, of the evolution of the present crisis in
competitiveness and a description of the solutions that have been
advanced to address it. |
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"The Multinational Enterprise in Transition"
The
Multinational Enterprise has probably had the greatest impact on the
flow of goods and services in world trade of any international
institution during the past three decades. One of the most significant
changes in international economic institutions during the past three
decades has been the emergence of the multinational enterprise. Policy
formulation has not yet caught up with this change. Government
officials and corporate executives alike are attempting to cope with
this continuing phenomenon and to formulate appropriate guidelines for
policy coordination and control.
This book provides the business
executive, government official, scholar and student with a better
understanding of the changing context in which business is conducted on
a global basis. Forty-one leading observers of multinational
enterprises have contributed to this book. Particular emphasis has been
placed on creating an awareness of the evolving patterns which uniquely
characterize the multinational enterprise in its current and future
context. |
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"International Political Risk Management: New Dimensions"
This
volume is the second in a series on the management of international
political risk, sponsored by the Overseas Private Investment
Corporation, and published under the auspices of the Landegger Program
in International Business Diplomacy at Georgetown University. It builds
on the previous work in three areas:
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The assessment of political risk
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The delineation of management tools and techniques to deal with political risk
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The development of corporate strategies to operate in environments in which political risk is endemic.
At
the same time the present book moves beyond the earlier publication in
focusing on the needs of lenders as well as direct investors, including
both banks and corporations that may wish to supply funds to projects
in the form of loans rather than equity. |
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"The Petroleum Industry in Oil-Importing Developing Countries"
This
book is a study of the development and growth of the petroleum industry
in oil-importing developing countries (OIDCs). Three such countries -
Argentina, India, and Korea-were selected as a diverse yet
representative sample and were examined using an intensive case-study
method. The data indicate that the evolution of oil industry in these
nations has encountered both difficulties and opportunities, with
several underlying concerns conflicting with one another. These
concerns are similar from one nation to the next and can be categorized
as follows:
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The desire for economic development;
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The consideration and constraints of foreign exchange requirements;
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The need for security of supply.
The development of the petroleum industry in these countries
necessitated a continuously shifting balance of these three
requirements. Concurrent with this development was the erosion of
concentration within the worldwide petroleum industry, once controlled
by the multinational oil companies. This erosion made it possible for
the developing oil consuming nations to play a larger role in their
local petroleum industries. Changing ownership of oil facilities is
also studied in this book. |
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"Managing International Political Risk: Strategies and Techniques"
The
initial focus of international political risk studies in the period
1979-82 centered on assessment techniques and the forecasting of
unfavorable events in an increasingly turbulent world. This book
represents the second wave of analysis, the Management of Political
Risk as a part of corporate planning and corporate strategy. This is
one of the most important, and most difficult, tasks facing
international business managers today.
The conference reported in
this volume was intended as a first step in redirecting attention to
the tools and techniques of international political risk management. It
was sponsored by the Overseas Private Investment Corporation (OPIC) to
stimulate analysis, establish the state of the art, and highlight
pressing needs for further work. The goal has been to develop
user-oriented cases, to distinguish effective practices and procedures,
and to generate effective corporate strategies and lessons for future
behavior by involving both line managers and staff experts in areas
such as law and finance
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"The Evolution of OPEC Strategy"
The
development and growth of national oil companies (NOCs) in developing
oil-exporting nations is studied in this book. From three intensive
case studies of Iran, Saudi Arabia, and Indonesia, it is concluded that
similarities exist in the development of these national oil companies
that make it appropriate to describe and categorize their historical
growth by using three stages of development.
Another aspect of this
book is the changing NOC ownership of oil facilities. Finally, after
looking at the various historical paths followed by the other companies
with excess crude as they attempted to sell their crude in the
multinational markets, the various probable paths that different NOCs
will follow as they become multinational has been projected.
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