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The Hotel Sector in Italy
From 2005 to 2019, real estate investments in the Italian hotel sector went from 494 million euros to 3,250 million euros, a total increase of 557 percent. These numbers are extremely encouraging, but in the past fifteen years the sector has had to defend itself from the effects of the 2008 crisis.
Joys and Sorrows of Smart Working
During the months of the lockdown, the absence of electronic devices, the existence of cultural constraints (the culture of presence), and the absence of economic incentives to develop smart working projects, together with a difficult remote management of the relationship between bosses and employees and the complexity of redesigning business processes calibrating them on remote work, were the principal ...
Open Banking: The Directive Exists, and Maybe The Consumers, Too
It is not infrequent for innovations or reforms that declare a precise and limited goal to have a more or less involuntary impact on much broader areas, causing radical changes. This is the case of the PSD2 (the Payment Services Directive, EU 2015/2366, adopted in Italy with Legislative Decree 218 of 2017), that from its title, seems to refer only to payment services, but has turned out to be the ...
Operations and Supply Chains Tested by the Pandemic
In this difficult moment in history, the operations and supply chains of Italian companies have been sorely tried by the effects of the pandemic as never before. A survey conducted on almost 300 Italian companies belonging to various production sectors, photographed the situation of operations and supply chains during the first lockdown, and attempted to offer some predictions for the future.
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 ...
Italian Startups Going Global
The proliferation of digital platforms has revolutionized the way startups can access global markets and communicate with international customers and stakeholders, opening up new opportunities to compete on a global scale. A study of a sample of Italian startups in the food tech sector sheds light on the supporting role of social media in the international growth of companies.
Banking union and fiscal backstops
The banking union is an epochal institutional change, comparable in many respects to the introduction of the euro in 1999. Besides the Single Supervisory Mechanism (SSM), the banking union comprises a Single Resolution Mechanism (SRM) with its Single Resolution Fund (SRF), and a harmonized system of deposit insurance schemes. The new institutional architecture is certainly an important step forward ...
Fantastical thinking, transportation and persuasion in advertising
Nowadays using advertising narratives is becoming a priority for companies that want to capture customers’ attention (Hogan 2003). Narrative advertising (i.e. story-like format advertisements which contain rich details thematically and temporally related (Adaval, Wyer 1998; Wells 1989) are able to engage individuals (Hirschman 2010). This is the case of the new Dior campaign (2011) crafted ...
The resurgence of M&A. Interview with Mr. Gregg Lemkau, Global Head M&A Goldman Sachs
Dear Mr. Lemkau, 2014 seems a very good year for M&A. Recent announced mega deals (see, for example, in the Cable TV, social media and pharmaceutical business) have opened the year in a risk on mood for corporations and investors. Can you please give us your point of view about the driving forces behind this renewed upward trend? We are certainly seeing a resurgence of M&A activity in ...
A Glance at the Future. The Effects of Anticipated Disclosure of Concept Products on Consumer Evaluation of Marketed Products
In 2010 Canon introduced to the public its Wonder Camera concept, a futuristic reflex camera that is currently under development at Canon’s lab, and that is forecasted to be launched on the market in 2030. The concept camera has been presented as implementing many breakthrough innovations. For instance, it features a single integrated lens with unprecedented focal length whereas current reflex cameras ...