Kraft Foods. Abbott Labs. EBay. Baxter. Philips. Sears. Hewlett-Packard. What do all these companies have in common? All of them have announced plans, or have already taken steps, to spin off divisions or split into two companies. What’s behind this trend, and what problems can occur as a result?
From both an academic and professional perspective, being exposed to businesses on a global level is an incredible opportunity. It’s one we offer at Lake Forest Graduate School of Management through our Global Focus program. Our hope for the program is to have students’ education be enriched through knowledge that can be applied to current or future organizations as well as their own endeavors. Having a global context for economics, culture, resource production and delivery of goods and/or services are extremely valuable in leadership roles.
Imagine what it would be like to experience real-world business scenarios, management interactions and leadership learning before actually having to put it into practice? That’s exactly what the innovative avatar learning iMBA program at Lake Forest Graduate School of Management has to offer. iMBA students can access their curriculum online with a program that provides access to the organizational structure of a virtual reality company. This includes all facets of sales, production, management, competition and growth opportunities.