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When Innovations are Fake
Innovators and startups have two tests to pass: the first is on illusions , that is, the ability to convince others that the future they envision is possible, and the second regards reality , i.e. when you realize if the future as imagined has actually come to be. The case of Theranos, a startup founded in 2003 by the 19-year old Elizabeth Holmes, shows how these two phases are indispensable to have ...
The Challenge of Complexity
CEOs are increasingly important figures of reference in our society. In today’s increasingly complex political and economic context, their role is not so much to reduce that complexity, but to manage it and explore the possibilities of what does not yet exist. In this scenario, CEOs are thus asked to express a new way of thinking, a new mindset.
Why and How to Be a B Corp or Benefit Corporation
The purpose of a business consists of setting a concrete goal that has a social, ethical, or cultural meaning for society in general, that goes beyond financial performance. B Corporations and Benefit Companies are businesses that attempt to combine financial success with the protection of the environment or all of their stakeholders. Born in the United States, these companies are also spreading widely ...
The 2030 Agenda: An Appointment that Regards Us All
The 2030 Agenda represents a great opportunity for transformation starting from the principle of "sustainable development." It is the occasion to review the economic model we have used over the last 40 years and move on to a more advanced form of capitalism, that respects both the environment and social and intergenerational justice. Redefining the value chains of all production sectors in sustainable ...
When a Trademark Transforms the Value Chain
Those who work as CEOs today deal with sustainability every day, in every decision they make and every action they carry out: from the management of factories to innovation, from human resources to communication. Each company should be based on a single purpose, given by the integration of its own purpose and a social purpose. This integration between economic and social mission defines a clear model ...
The Centrality of Corporate Governance
To obtain the "sustainable success" that by now represents the principle of reference of the new corporate governance code for listed companies, large enterprises and SMEs must initiate a true process of change able to involve business, governance, and corporate strategy. The growing pressure from ESG investors, the size of companies, and the presence of independent board members are key elements ...
(Ir)responsible Businesses
During the course of recent years, a view has taken hold that has gradually shifted the attention of businesses from shareholders to stakeholders, both inside of companies (workers) and outside as well (civil society). Businesses have taken on additional responsibilities and aims with respect to purely financial goals, extending their range of action to activities directly or indirectly linked to ...
Sustainability at the Center of Business
The goal of this Dossier is to assess the situation regarding sustainability, thus offering the contribution of the SDA Bocconi School of Management and its Sustainability Lab to the debate on the subject.
Are Top Managers Good Managers?
According to the “ Bravi Manager Bravi” study sponsored by Federmanager, the digital revolution is disrupting many of the business dynamics that have become consolidated over time. Managers are thus called on to govern that transformation and at the same time offer a vision for companies that becomes a collective narrative, so that the skills and potential of individuals can lead to repeat results ...
Family Business and New Leadership
In the period from 2012-2017, in Italy family-controlled and coalition businesses showed the largest increases in both operating and net profit, the best levels of liquid assets, and lower financial risk.Italian family-controlled and coalition businesses still show some criticalities, though: the gradual aging of leaders; the concentration of power through CEO duality; the distribution of power through ...