Winter 2023Global Business Bulletin
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MESSAGE FROM THE DIRECTOR
Yongsun Paik, Ph.D.
Greetings! This newsletter highlights the exciting programs and activities that LMU CIBE organized and sponsored during the second half of 2022. In celebration of Cybersecurity Month in October and International Education Week in November, we organized webinars on cybersecurity and global talent management. I would also like to share the good news that LMU’s International Business program was ranked #28 in the nation for 2023 by U.S. News & World Report. This remarkable achievement is attributable to the enhanced reputation of the LMU international business program driven by improvements in the international business curricula, a strong record of faculty research on key international business topics, and the expansion of strong partnerships with the business community. LMU CIBE made a significant contribution to the LAEDC/WTCLA 2022 FDI Report and the key findings were presented at Select L.A. Investment Summit.
During spring 2023, we are planning conferences and webinars covering the key themes of LMU CIBE such as global entrepreneurship, marketing and sustainability. The FDIB in Korea program will also resume, in person, after a three-year suspension due to the COVID-19 pandemic. We hope you’ll be able to join us in these programs and look forward to your continued support of LMU CIBE. Thank you!
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To promote the nation’s capacity for international understanding and competitiveness, CIBE hosts a year-round International Business Lecture Series for the LMU community. These events help our students gain a deeper understanding of the global marketplace.
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Emerging Trends in Global Energy ExploredCIBE co-sponsored a webinar with the Center for Asian Business titled "Global Energy: Current Predicament and Geopolitical Implications from the Russia-Ukraine War." The panel explored the emerging trends in the global energy sector, with an emphasis on regional energy security in Europe and Asia, geo-political and economic implications and geo-regional impacts of the military conflict in Ukraine for the Asia region. Panelists included Robert Koepp, founder of Geoeconomix; Ismael Rueda, professor at the Pardee RAND Graduate School; and moderator Anatoly Zhuplev, professor at LMU.
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Expert Panel Examined Cybersecurity Challenges
CIBE, together with Information Systems and Business Analytics (ISBA), presented a webinar titled "Cybersecurity and Blockchain in the Global Digital Age" featuring an expert panel from academia and industry, including Maria Delasio '14 of Palo Alto Networks, Rick Gehringer of Wedgewood, Alex Nascimento of 7CC Blockchain Investments, and Charla Griffy-Brown from Pepperdine's Graziadio Business School. The panelists discussed the pressing cybersecurity challenges that the fourth industrial revolution (4IR) technologies (Blockchain, IoT and Big Data) present in the global digital world. LMU ISBA Professor Ana Mangal moderated.
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EVs for a More Sustainable FutureHyundai executives Gilbert Castillo and Kristin Gomez explored the current state of electrification and the role of emerging technology for a more sustainable and equitable future. They shared strategies and best practices in overcoming electrification barriers and future plans for the clean energy revolution as an automaker and smart mobility solutions provider. Castillo described Hyundai's vision for the future: "We call it Progress for Humanity. When humanity works together, we actually can solve critical global problems." The event was moderated by Ed Kim, president & chief analyst, AutoPacific, Inc.
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Digital Nomads Share Their Journeys
In celebration of International Education Week, our panelists reflected on their international journeys and shared lessons learned, as well as tips and strategies to help students better prepare for their international careers. Panelists included Rosalyn Vargas ’08, Max Banton ’20 and Steve Tsentserensky. Their work has taken them all over the world, including Central America, South America (even the Amazon rainforest), Europe, as well as Southeast Asia. When asked about the future of work, Tsentserensky shared a statistic: 16.9 million people in America describe themselves as digital nomads. He said, “[These] workers are among the most satisfied with their work and lifestyles. The increase in the number of digital nomads is continuing to trend, especially with younger workers." The event was moderated by Ellen Ensher, LMU management professor.
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student spotlightMaya Kalach '23
International Business Society co-president Maya Kalach is on track to a career in international business. A management & leadership major with an international relations minor, Kalach values seeing business through an international lens. Kalach said she grew up surrounded by many cultures and has studied abroad. With these experiences, she knew that living and working abroad would be her goal. She reflected on how important it is to learn about international business. “As our world becomes more interconnected, understanding differences globally will make you a better leader and open up more opportunities. Studying international business allows you to have a more global perspective and understand practices that are different from business practices in the U.S.” Kalach is also on the cross country and track team and is a senator for ASLMU.
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David Choi, Ph.D.
Conrad N. Hilton Chair of Entrepreneurship
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Alex Glosenberg, Ph.D.
Assistant Professor of Management
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| faculty IN THE NEWSEntrepreneurship for North Korean Refugees David Choi and Alex Glosenberg's Personal Initiative Training with North Korean refugees was cited in an article by The Asia Foundation titled "Unlocking the Entrepreneurship of North Korean Refugees." The trainings focused on the entrepreneurs' psychological empowerment, specifically helping them to translate their pre-existing resilience, innovativeness, and proactivity into effective strategies and raising their entrepreneurial self-efficacy. This work was sponsored by LMU's Center for International Business Education and Center for Asian Business. Glosenberg said, "What makes PI Training special is that it forces you to think and act in a PI way…through constant group discussions and case studies. After weeks of repetition in challenging yourself and your peers to think [this way], you find yourself doing this naturally as a new habit in your regular business operations. This is really what PI Training is all about." More
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International Business Society
The International Business Society continues to bring students together who are interested in advancing their knowledge about international markets and global business practices. The society's events center around networking with global business leaders, exploring career paths, learning about other cultures, and promoting awareness of global issues. Last fall, the society welcomed several guest speakers including Maurice Kogon, international trade consultant, lecturer and author, and Megan O'Meara, talent acquisition manager at LinkedIn.
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| Upcoming Events
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Hilton Entrepreneur Lecture: How to Become a Global Entrepreneur
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Global Sustainability, TBA
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International Business Ethics and Sustainability Case Competition (IBESCC)
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FDIB South Korea (Click here for more information.)
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Follow #LMUCIBE
Stay updated on the latest news and networking by following LMU CIBE on social media!
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LMU Center for International Business Education extends its appreciation to the U.S. Department of Education Title VI grant for their support.
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