Global Risk Leadership (MGMT 753)
Copenhagen, Denmark & Stockholm, Sweden
TRAVEL DATES: May 21 - May 30, 2018
Scandinavia is home to many of the world’s top global risk experts and thus present students with an economical way to have the broadest exposure to many leaders in the field—not just from Scandinavia, but from the rest of Europe as well (in past years we have had guest speakers from the UK, the Netherlands, Belgium, France, Germany, Poland, and Portugal). Scandinavian firms (and governments) are widely considered global sustainability and resilience leaders and are disproportionately well represented in the leading global sustainability performance indices. Discussions are currently underway to visit with risk leaders from Maersk, Lego, Vestas, Volvo, IKEA, Pandora, as well as several others.
The Scandinavian countries share strong affiliations with Minnesota including many shared historic and cultural characteristics, as well as similarities in population, geography, and climate. This will make our study of important Scandinavian innovations in engaging global risks become even more vivid and relatable.
Global Risk Leadership has long been a course that challenges students to better understand how firms (and societies) assess and address Global Risks. In doing so, the relationship between risk management and both resilience and sustainability has been introduced and explored. As will be seen, ‘managing’ many of these challenges is far beyond the capabilities of single organizations (or even nations), and so the concept of risk leadership is introduced to provide a framework for thinking about the necessary ingredients for meaningful responses to these risks.
As a part of previous visits to Scandinavia, the cultural and historic site visits included things such as: guided city tours, a Danish “foodie” tour, UN (United Nations) City, Tivoli Gardens, and Vasa Museum. Students will also have free time on several evenings to explore Copenhagen and Stockholm and experience the local markets, architecture and cuisine.
Peter C. Young, PhD., 3M Endowed Chair in International Business
MGMT 753 has no specific course prerequisites, but students must be eligible to enroll in elective courses. Prior enrollment in MGMT751 (Risk Management), offered in the spring 2018 term, could enhance your experience. Students should be in good academic standing in their program (cumulative G.P.A. of 3.0 or greater for Flex MBA students).
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