Doing Business in Russia

 

Russia has had a tumultuous history. Indeed, even before the Great October Revolution in 1917 which ushered in almost 75 years of communism and a centrally-planned economy, Russian life was characterised by uncertainty and change. The dissolution of the U.S.S.R. which began in early 1990 but which was not officially complete until 26 December 1991, marked the beginning of the newest period of the ‘Russian empire’— one which is dominated by the dynamics of market capitalism. . . more or less. It is within this turbulent business environment that the New Russia has developed, and in which, it appears to an outsider, business mavericks (both domestic and foreign) have tapped into more than 7 decades of constrained consumption. But what is really happening?


The purpose of this course is to explore Business in Russia. More specifically, it aims to:

  • Improve your understanding of how business, in all its facets, is conducted in Russia.

Additionally, because business is not conducted in a vacuum, the course also aims to

  • Improve your understanding of those dimensions of Russian culture (implicit assumptions, values, beliefs, and traditions) of its people which shape the success and failure of the various facets of business, and

  • Improve your understanding of the Russian business environment (Russian politics and economics, Russian media, Russian legal system, etc.)

More broadly, the course also aspires to help you develop your global leadership capabilities by exposing you to novel cross-cultural situations.

Applications are due on November 30, 2012. They will be reviewed by Professor John Brnach and applicants will be notified of the decision by December 7, 2012.