Overview

Geo-political wicked problems (GPWP) across the globe are rapidly undermining the notion of the world as a global village by eroding the edifice of trans-continental trade and global value chains. GPWPs are wicked as they quickly adapt to targeted solutions and emerge in a different and often deadlier form. For example, tariffs can (i) erect import barriers, (ii) protect/incentivize local industries, and (iii) reduce trade deficit, and this may lead to (a) enhanced import cost, (b) stagflation, (c) enhanced budgetary deficits, and (d) a higher debt to GDP ratio. Common people suffer the most on both sides of the barrier in addition to business corporations, whose supply chains get disrupted.

Therefore, it is important to understand the various nuances of GPWP and contain the fallout and restore equilibrium through collective wisdom and design thinking strategies.

Objectives

• The objective of the programme is to sensitize participants on:
• The nature of geopolitical factors and how they influence business performance, profitability, and wealth creation, including individual wealth.
• The concept of Wicked Problems and how they exacerbate geopolitical challenges, thereby negatively impacting business outcomes, profitability, and wealth generation.
• The principles of the design thinking process and how it facilitates the development of collective wisdom for addressing complex problems.
• The application of the design thinking process to mitigate the adverse effects of geopolitical factors and Wicked Problems (GPWP) on business, profitability, and wealth creation.

Content

This programme has three broad modules:

(A) Geo-politics

• Historic East – West Trade Routes, Choking Points, and Tariffs and Wars
• TheSun never Sets on the British/Anglo-Saxon Empire vs Teutonic, Slavic & Asian Empires
• The Global Village, the Global Value Chain (GVC) & Global Factory Model (GFM)
• The Belt & Road Initiative (BRI) and Reserve Currency of the World
• Three and a Half Discontinuities (2007, 2019, 2022, 20??) and Deglobalization

(B) Wicked Problems

• The what, how and why of the Wicked Problems (WP)
• WP in trade routes and tariffs
• WP in colonial empires – resource appropriation, resource dependencies & consequences
• WP in GVCs, GFMs & BRI
• WP in de-dollarization & deglobalization

(C) Design Thinking

• The psychology behind Design Thinking (DT)
• The DT process – empathizing, defining, ideating, prototyping and testing
• Practicum – DT strategies and tariffs
• Practicum – DT strategies and BRI, QUAD and String of Pearls
• Practicum – DT strategies and de-dollarization & deglobalization.

For Whom

The decision maker, the decision taker-implementer and the executive.

Enquiry and Registrations

Management Development Programmes (MDP) Office

Indian Institute of Management Indore
Prabandh Shikhar, Rau-Pithampur Road
Indore 453556, Madhya Pradesh, INDIA

Email : mdp@iimidr.ac.in
Tel. : +91-0731-2439726 / 0731-2439720 / 0731-2439728 / 0731-2439666
Fax : +91-731-2439800