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Trade Opportunities and Possible Perils
Transatlantic trade and the rethinking of supply chains, to be less tilted towards China, have returned to the center of debate in America and Europe. There is a different environment, probably determined by the freezing of tariffs, that is inspiring trust both in Brussels and in markets and businesses.#Many financial analysts are of the opinion that the American economy is heading into a period of ...
How to Exercise Leadership in Complex Contexts
The cultural model of the real exercise of leadership is still that of one person in control, with an array of followers. The concepts of leader and leadership are thus still associated with characteristics such as charisma, persuasive ability, assertiveness, and rapid actions and decisions. These are all abilities no longer appropriate to govern the complex reality in which organizations are immersed. ...
Age Management A Necessary Choice
The debate on managing the aging of the population has focused on the promotion of work in old age and the lengthening of careers. The result has been active labor policies aimed at the segment of workers close to retirement, to support their employability. Age management is defined as the sum of "measures that combat age barriers and/or promote age diversity and are oriented towards favoring maintenance ...
We Are the Business
The imperative of every good entrepreneur, administrator, and manager is to give adequate space to reflection on what, how, and why to do business, concentrating on the construction of a “strong” market position and on the creation of an organizational context and environment able to generate cohesiveness, motivation, and energy.Moreover, for the economic and cultural development of Italy, it ...
Nationalizations and Privatizations from a Historical Perspective
In Italy, the mixture between public and private has been an unavoidable characteristic in the nation's path of economic modernization. Between the nineteenth and twentieth centuries, state initiative gave concrete form to the unification of the country, providing indispensible infrastructure. The companies in the IRI group were then the protagonists of the "economic miracle," in which the attitude ...
Banks and Markets: Why They are Tools of Economic Policy
Markets and financial investments play a decisive role in favoring growth, that economic policy choices must permanently encourage. First of all, it is necessary to promote the use of the financial market and investor interventions (private equity, venture capital, PIR, ELTIF) in support of business equity.#Any public interventions in the economy must always have an explicit timeframe and a logic ...
The Bumpy Road of the Exit from the Mixed Economy
The divestment of the companies held by IRI did not require any additional intervention in terms of public finance, demonstrating their evident condition of good health. The privatizations were also driven by an essentially financial logic: the state sought high and immediate financial proceeds, but often without an in-depth evaluation of the quality of the buyers or the consequences of the divestments ...
Advanced Analytics: What Key Advantages for Which Companies
The rapid and incessant evolution of markets induces businesses to adopt increasingly advanced technologies to adequately respond to the needs of consumers and thus to remain competitive. Through the elaboration of accurate and increasingly reliable predictions, advanced analytics provides a conspicuous contribution to company decision-making processes, ensuring that managers have the possibility ...
New and Old Market Logics in the Hyperconnected Era
In the current hyperconnected world, the primary sources of value are data and communication, elements that businesses must know how to transform into information and relationships of trust, i.e. into sustainable economic value.#Through the construction of an ecosystem of complementary and interconnected solutions, businesses can generate "network externalities" and "switching costs" able to consolidate ...
Scaling Up Is the True Obstacle for Start-ups
One of the most important tasks for an entrepreneur is to bring a company from the start-up phase to the subsequent scale-up phase. The key factor is reaching what is called the "product-market fit," i.e. the validation of the business model. The scale-up of a company requires at least three elements: a growing number of leaders able to predict the competition and trends in the market and to delegate ...