Managing Global Value Chains in a Changing Business Environment
IIM Ahmedabad - Executive Education
Operations & Supply Chain
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About Programme
In recent years, the global economy has encountered unprecedented challenges, including inflation, labour and resource shortages, price shocks, geopolitical risks, and disruptions in logistics. These shocks have become more frequent and are now the new normal. As we move into a future defined by constant disruption—driven by the COVID-19 pandemic, geopolitical tensions, and the far-reaching effects of climate change—it is evident that businesses must adapt and transform rather than expect a return to past stability. Navigating this turbulent and volatile landscape is imperative. Simultaneously, markets are becoming increasingly interconnected, and companies must navigate the complexities of a global business environment.
Global Value Chains (GVCs) form the backbone of modern international trade and business operations. This programme offers a deep dive into the structure and dynamics of GVCs, emphasizing international business operations, pricing strategies, brand positioning, and risk management amidst geopolitical uncertainties.
This programme provides a comprehensive understanding of GVCs across industries, assessing their impact on business profitability, marketing, and pricing strategies, while also addressing risk management. The programme equips participants with the essential tools and knowledge to navigate the challenges and capitalize on the opportunities presented by GVCs in today’s interconnected and rapidly evolving world.
Programme Content
1. Introduction to Global Value Chains
Defining GVCs and their importance in modern business
Global value chain analysis
Historical evolution and key components of GVCs
Conceptualizing and Mapping GVCs
Theoretical frameworks and mapping techniques
2. Outsourcing Versus in house-production
Industry analysis and competitive strategy
Exploring new products and markets
Managing global sourcing
3. Geopolitics and Risk Management in GVCs
Geopolitics and GVC Dynamics
Understanding and Minimizing Risk in GVCs
Types of risks in GVCs (operational, financial, reputational)
Risk assessment methodologies and mitigation strategies
4. Building Resilience and Future Trends in GVCs
Building Resilience in GVCs
Principles of supply chain resilience and performance measurement
Strategies for enhancing GVC robustness and adaptability
Future Transformation in GVCs
5. Sustainability and Future of Work in GVCs
Sustainability and Circular Economy in GVCs
Integrating sustainability principles into GVC management
Circular economy models and their application in GVCs
The Future of Work and Governance in GVCs
Impact of GVCs on employment and skills
Evolving governance models in GVCs
6. Synthesis and Application
Discussion on the future of GVCs and implications for managers
Programme Objective
This programme equips participants with the knowledge and tools to navigate and manage Global Value Chains (GVCs) effectively. By the end of the programme, participants will be able to:
Define GVCs, analyze their evolution, and apply theoretical frameworks for mapping and analysis.
Assess industry dynamics, competitive strategies, and global sourcing decisions.
Identify and mitigate operational, financial, and reputational risks using risk assessment methodologies.
Develop strategies to strengthen supply chain robustness and performance in a dynamic global landscape.
Explore circular economy models and sustainability practices in global supply chains.
Examine the evolving impact of GVCs on employment, skills, and governance models.
Synthesize insights and discuss managerial implications for navigating future GVC transformations.
Pedagogy
The pedagogy predominantly follows a case method. In addition to this, group discussion, role plays, exercises, and possibly a short field exposure will be employed.
Programme Audience
This programme is designed for senior and mid-level executives, business leaders, entrepreneurs, startup founders, and exporters seeking to strengthen their understanding of Global Value Chains (GVCs) and their strategic importance in an evolving global business landscape. The programme will be particularly valuable for professionals involved in supply chain management, sourcing, procurement, operations, international business, strategy, and risk management who are looking to build resilient, agile, and competitive value chains. Organizations aiming to expand into global markets, navigate geopolitical and trade uncertainties, leverage emerging opportunities, and optimize cross-border operations will benefit from the practical insights, contemporary frameworks, and strategic perspectives offered through the programme.
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