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Implementing AI in Business: a Five-Phase Roadmap
We can identify two main approaches to leveraging AI in companies today. The first focuses on products and services, while the second emphasizes processes. In the first approach, AI is used to enhance existing products with new features or to develop entirely new, technology-driven products. In the second, AI acts as a tool for evolving current processes or enabling new processes that were previously ...
Navigating technology introduction and integration: three requirements for success
Successful integration of new technologies, whether software or capital-intensive hardware, is paramount for organizational resilience and competitive advantage. However, this process has three requirements to work: adoption of a 'systems of systems' perspective; long-term thinking; and a deeply ingrained culture of critical thinking and innovation. Synergistically incorporating these elements is ...
Resilience strategies in designing logistics architectures
The degree of vulnerability is determined by the probability of risk events occurring and the severity of their impact; it depends on both the design and complexity of operational architectures (structural vulnerabilities) and on the capabilities a company has developed and consolidated in its core management processes, particularly in operations and supply chain management. When it comes to structural ...
A disassembly line for the dustainable transition
Everyone knows that a circular economy is essential for reducing CO2 emissions. According to calculations by the Ellen MacArthur Foundation, about 30 percent of all the decarbonization needed by 2050 to meet globally agreed targets depends on the circular economy. Few people, however, realize that the circular economy is also indispensable if we want to avoid running out of raw materials. The reason ...
AI in business: how to identify areas of focus and strategic initiatives
Technological and business stimuli from the market must be integrated with the company’s internal strategic directions, which should always serve as the guiding principle for any initiative. It is precisely the search for the intersection between these two dimensions that allows organizations to move to a more concrete level – identifying a set of work areas that respond to clear business problems ...
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 ...
AI in business: assessing and prioritizing areas of intervention
The logic for defining a priority order in the areas of intervention and in the initiatives to be pursued must be based on a broad evaluation, which includes technical, business, regulatory framework, and internal competence elements. Several factors will indeed need to be aligned for the successful outcome of the initiatives. In general, there are two dimensions we can consider to define a priority ...
Advancing technology management: integrating policy, innovation, and systems thinking for industrial transformation
Technological advancement is a defining feature of modern industrial transitions. From artificial intelligence reshaping productivity to the deployment of capital-intensive technologies such as renewable energy systems, the development, adoption and acceleration of new technologies is no longer confined to a single discipline or function. It requires a coordinated, systems-level approach and stakeholder ...
Understanding costs to make better decisions
To measure costs effectively, it is essential to understand their possible alternative classifications and determine which items to consider and how to include them in measurement processes. Although each company may organize its costs differently, it is still possible to identify several typical categories observable across all firms, and these can therefore be regarded as the most common ...
A New Approach to Sustainable Supply Chain Management
In recent years, growing regulatory pressures and stakeholder expectations have heightened the need for transparency and accountability across entire production chains, driving companies to adopt new management models. On September 10th, Italy officially adopted Directive 2022/2464/EU – known as the Corporate Sustainability Reporting Directive (CSRD) – through Legislative Decree 125/2024, published ...