Teaching the Integrating Role of the Finance Function in Global Business Management

Recorded on May 19th, 2022 as part of the International Business Webinar Series Hosted by GSU CIBER and sponsored by the national CIBER MSI Consortium.

In this webinar, we will discuss a framework for teaching the integrating role of the finance function in the management of a global business. We will introduce and discuss two diagrams, corporate strategic framework diagram and free cash flow diagram, which we have used in the context of a global management simulation game, and demonstrate specific examples of their use in the classroom.
Key Takeaways:
1. The hierarchical relationship of corporate strategy, operating strategy, and financial strategy.
2. Free cash flow as an important indicator of the operating performance of a firm.
3. The potential benefits of management simulations in teaching global business management.

In this webinar, we will discuss a framework for teaching the integrating role of the finance function in the management of a global business. We will introduce and discuss two diagrams, corporate strategic framework diagram and free cash flow diagram, which we have used in the context of a global management simulation game, and demonstrate specific examples of their use in the classroom.
Key Takeaways:
1. The hierarchical relationship of corporate strategy, operating strategy, and financial strategy.
2. Free cash flow as an important indicator of the operating performance of a firm.
3. The potential benefits of management simulations in teaching global business management.