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The Myth of Guanxi: What We Really Know
Doing business in China is difficult, but there seems to be an essential element: guanxi. Guanxi means particularly precious relationships with the principal decision-makers and gatekeepers. A guanxi offers preferential treatment in bureaucratic decisions and gives access to greater business opportunities. It allows for accessing resources on little liberalized markets, such as capital and land in ...
Goodbye Workers?
This dossier is dedicated to work, and more specifically to workers in businesses and organizations in a broad sense. “Workers” is an almost outdated term that, similar to what happened with “laborers,” is now disappearing from the managerial vocabulary. In its place people speak of “human resources” and “human capital,” and no longer of “employees” but “associates.” Yet we ...
Celebrating Heroes: On Rewards in Corporations
A fundamental part of our social life is based on the universal need to have the respect, esteem and approval of the people around us. Public prizes and awards are some of the instruments that carry out this important social function. Initially limited to situations outside of employment fields not driven by commercial logic (sports, culture, civil and military valor), prizes and public awards of ...
Using social network analysis and network “numbers” to disentangle complexity
In questo numero Giuseppe Soda e Manuel David Gomez Solòrzano, dopo averci introdotto alla social network analysis, così da capire come si interpretano i numeri di questa metodologia, ci sorprendono con alcuni risultati relativi alle motivazioni degli employees e al knowledge sharing. Per esempio, si è più propensi a ricevere conoscenza da quanti hanno un ruolo inspirational, anche se in assenza ...
Corporate Collections and Business Performance
When adequately governed from an organizational standpoint, the presence of art in businesses, in the form of traditional collections or a relationship with the artists, can generate value for business performance and become one of the ways for a business to exercise its social role in the reference community. It also becomes an opportunity to rethink the philosophy and processes of human resources ...
The Sentimental Re-education of Businesses
On April 20th, the experimental launch of Starship, the most powerful rocket ever built, took place. This rocket is intended to return humans to the moon and possibly to Mars. The launch was followed live by millions of people and received extensive media coverage. Just minutes after liftoff, the rocket lost control and was made to explode. In the now long history of space flights, this was not the ...
The Nature of Change
Facing change is a constant condition for businesses. Not only because the world around us is constantly changing, and businesses must decide how to respond to new external conditions. But also because we ourselves change, and the inevitable life cycle of individuals modifies businesses internally. New people join the company, others leave, and the people who remain, even simply due to aging, change ...
Changing Jobs, between Expectations and Reality
What are the principal motivations that lead people to change jobs? How long does it take them to do so? What is the level of satisfaction once a new job is found? These are some of the questions addressed by a survey organized by the “Decision Sciences and Business Analytics” Knowledge Group of the SDA Bocconi School of Management in collaboration with the Observatory on Managerial Careers. The ...