At Lake Forest Graduate School of Management we offer a number of opportunities each year for students of our MBA Program to take part in our Global Focus Program. The Global Focus allows students to travel with faculty to a country that has been identified as an emerging business market, and engage with business leaders who help define the local customs, highlights and challenges of conducting business within the region. Past destinations have included places like China, Thailand and Poland with future destinations including Serbia, Turkey, Malaysia and – our highly anticipated – trip to Bogota, Colombia in February 2015. Our blog titled, “Destination Colombia” explains why we selected this location and the importance of its emerging market.
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.
Did you know 70 percent of the world’s purchasing power is located outside the United States? According to the U.S. Department of Commerce, due to the increase in access through improvements in trade finance and the Internet, American companies have an opportunity to drive global market share, increase profitability and gain a competitive advantage. At a time when international business practices are continuing to grow and evolve, Lake Forest Graduate School of Management (LFGSM) wants students to experience this evolution first-hand.