Abstract
The University of Tennessee (UT) has pioneered an innovative approach to development of global executives in its Senior Executive MBA (SEMBA) program. The program, which has always required an international residency in emerging economies, has adapted a methodology developed by Pankaj Ghemawat that takes into account cultural, administrative, geographic, and economic distance factors and is known by its acronym, CAGE. The methodology demands that executives more closely examine these distance factors—similarities and differences between the home and the emerging economies—in the context of a specific, but hypothetical, investment decision. This paper provides an overview of the CAGE approach as modified for use in this approach, provides a discussion of the particular pedagogy, and provides the most current data regarding the effectiveness of this approach.