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Expected and Real Benefits of Industry 4.0
The automotive supply chain is a global industry historically characterized by a high degree of fragmentation of production due to numerous international and local connections, as well as substantial requirements for investment in digitalization approaches. In recent years, Industry 4.0 has grown in importance across many advanced manufacturing industries and represents an emerging industrial model ...
Managers of Tomorrow: Rethinking Education in the Age of AI
Management education has undergone a profound transformation over time, adapting to the economic, technological, and social dynamics of the exogenous environment and moving from a traditional approach, based on theory and hierarchy, to a more dynamic model incorporating new technologies. In this sense, the evolution of management education not only reflects changes in the world of work. It’s also ...
Aligning Strategy and Indicators. Measurement Systems Driving Execution
Supplementing traditional economic and financial indicators in corporate measurement systems with operational metrics representing a company's business model and overall business approach: This has been the topic of ongoing discussion for many years now. And the idea has inspired new measurement models such as Kaplan and Norton's Balanced Scorecard (BSC). Developed in the 1990s and still generally ...
Benefits, Risks, and Future Perspectives. The Role of AI in Management Control
In many companies, management control is still perceived as a highly technological and standardized production process. But it’s often more focused on generating outputs than on how management will actually use them. What’s more, despite being a fundamental function, it’s not yet fully understood or valued. There’s too much operational workload, too much perceived distance from the business, ...
Rethinking enterprise, reviving Europe
What choices are businesses facing today? How can we, as a School of Management, help businesses, entrepreneurs, and managers, during this unprecedented time? Five years after the pandemic and three years after the Russian invasion of Ukraine, companies are now contending with a storm of tariffs. These tariffs not only jeopardize revenues, but also the very way companies operate in the marketplace. ...
Digital Performance Management: New Tools, Old Challenges
Each new wave of digital technology typically triggers a torrent of hype, driven by inflated expectations about the innovation’s benefits. In response, scholars and managers often split into two camps: those who embrace change with little scrutiny, and those who adopt a more measured approach, emphasizing careful experimentation, practical application, and phased adoption (especially critical in ...
The Changing Roles of Salespeople and Managers in Fashion Retail
The role of sales associates and store managers in the fashion and design industry continues to evolve. To cultivate lasting relationships with customers, retail professionals today must possess strong storytelling and advisory skills, as well as a keen entrepreneurial mindset. Additionally, sustainability training is recognized as essential to strengthen the value proposition offered to customers ...
The Keyword is Transformation
We are living in a moment where the challenges are immense for all sectors, and perhaps more than ever before, these challenges are cutting across various industries. If we look at the automotive industry today, we see a transformation of unprecedented magnitude, never before seen in the 150 years of our industry's existence, nor in most other sectors even today. This transformation is a direct result ...