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Conditions for the Growth of Italian Businesses
The structural difficulty preventing Italian companies from being able to grow, join forces and compete on the global market can be removed, both by intervening in the regulatory and fiscal context, and by imposing corporate governance choices that involve opening up capital to outside investors, private or otherwise, or opening up debt.The “necessary transition” that Italian companies must make ...
Industrial Relations in the Time of Globalization
The internationalization of markets has made businesses both weaker and stronger at the same time: weaker in the markets, faced with new global competition, and strategically stronger with respect to labor representatives.#Despite growing individualization in the relationships between workers and businesses, globalization and economic transformation have not changed the centrality of labor in our ...
The Golden Rules for Doing Business
Africa is an area in which doing business is challenging and at the same time very promising. For those who decide to operate on the continent, the selection of the countries from which to start or on which to focus is crucial, as is the medium to long-term strategic approach to adopt. The most promising countries are those with more diversified economies and less dependence on single resources, such ...
A New Era of Lease Accounting
The new accounting standard IFRS 16 significantly modifies the recording of leases in financial statements, eliminating the distance between operating and finance leases, and requiring the recognition of right-of-use assets in the balance sheet, with the simultaneous recording among liabilities of the current value of the payment commitments assumed.#The shift to IFRS 16 has translated into a significant ...
2021: An Artificial Intelligence Odyssey
Sensors, algorithms, and the capacity to store and analyze data: these are the three characteristics of the reality in which we are immersed. In this context, dominated by AI, businesses and organizations – in a broad sense – are exploring and using the many advantages and benefits that these tools offer: from the more accurate estimation of the demand for some goods or services (from transport ...
A New Model of Co-Responsibility
In recent months, the company committees created to combat the spread of the COVID-19 virus and to ensure business continuity have created a new model of co-responsibility between businesses and employees. This is a form of collaboration that labor unions could also adopt in the future, extending it to broader perimeters of bargaining.#A new level of participation of unions in the life of organizations ...
Five Key Steps to Improve Management of Innovation
There are many organizations that must focus on innovation to survive and prosper. Innovation is not just one thing: organizations therefore need to develop specific innovation strategies based on their current situation and where they want to be in the future. Not only does a conceptual and logical link exist between a somewhat abstract concept of "innovation strategy" and the more concrete innovation ...
The Values of Culture
The articles in this issue offer an ample and detailed view of the meaning and contemporary value attributed to cultural organizations of very different kinds. Through an analysis of the transformation of ancient institutions, such as libraries and museums, new forms of exchange of original works, such as NFTs, and the changes underway in the relationships between operators that exist in different ...
Listening to the Silence: Reflections on the Great Resignation
What are the almost 4 million workers who have decided to leave their jobs in the United States since July 2021 fleeing from? From situations of unease, toxic work environments, absurd working hours, and conditions of burnout, i.e. emotional, physical, and mental exhaustion. It is as if the pandemic has shown that the jobs considered to be desirable were actually not as gratifying as they seemed or ...
The Strength of the Example of the Italian Manufacturing System
During the course of 2020-2021, the Italian production system, thanks to the dynamism of single businesses or through the creation of networks, proved to be resilient and able to rapidly recover from the drops in production suffered in the initial period of the pandemic. In the months of the lockdown, various businesses launched new product lines (personal protective equipment, medical devices, air ...