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Innovation Is Possible, Change Is Necessary
In contemporary competitive scenarios, the intensity of competition has grown tremendously with respect to the past, and innovation is the key to survival. An important part of companies' capacity for long-term success thus depends on knowing how to exploit technological evolution. Technological innovation can be incremental, leading to increasingly refining one's offer to customers in a process of ...
Value Strategies and Cost Deductibility for Intragroup Services
The internationalization of activities is one of the most effective strategies able to generate value for business. Multinational enterprises are able to do so exploiting economies of scale, economies of scope, and geographic diversification, in order to reach the best performance along three key determinants of value: current efficiency, risk management, and innovation and learning. The intersection ...
Americanism and Managerial Models
From the postwar period to today, Europe has always looked with admiration and envy to the greatness of America, thinking that the gap with the United States could be closed by creating an economic union or importing managerial models that are often containers of ideology more than organizational techniques. However, it is not sufficient to increase the size of markets or uncritically import some ...
Negotiation: How Important is Cultural Background?
An activity present in every human community and society, but carried out following norms, methods, and behavior that can be very different depending on different cultural backgrounds: this is how we could describe negotiation in an intercultural perspective. In a world of globalized business, in which organizations and professionals increasingly find themselves interacting with colleagues and ...
The Hidden Challenge of Digital Transformation
Digital transformation has brought many challenges to enterprises in the last ten years. The consumerization of information technology has produced a shift from traditional legacy user interfaces and software to the need for consumer-grade, user-friendly interfaces and experiences at work. The proliferation of mobile technologies and the internet of things has expanded boundaries far beyond the physical ...
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 ...
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 ...
Supply Chain Finance for the Management of Working Capital
Supply chain finance (SCF) is the set of solutions able to exploit the strong points of a supply chain in order to optimize working capital and cash flow. The use of this solution often leads to an increase of liquidity and profitability along the supply chain, and to positive spillover effects in terms of trust and commitment among the partners of the chain. The main goals pursued by companies are ...
How and Why to Defend our Coolness
“Cool” and “coolness” are by definition evasive and liquid concepts. They change as a function of time, geography, aesthetic canons, and transnational or global subcultures. All of these elements tend to give the perception of what is cool an apparently unpredictable dynamism, and thus for decades now have been the subject of specialist analysis aimed at explaining the fundamental components ...
The Supply and Demand of Uniqueness
The need for differentiation and distinction, that in its extreme version reaches what is known as the “need for uniqueness,”[1] has a well-known psychobiological origin, and in that sense can be considered a natural necessity of the human race. However, there is no question that the basic need to feel or appear different, to distinguish oneself, has emerged with increasing intensity in ...