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Facing the New Normal: Skills, Resources, and Leadership
While the importance of small and medium-sized enterprises in the Italian industrial system is well-documented by statistical data that easily generates agreement between scholars and practitioners, a broad and unresolved debate regards the elements of excellence, factors of vulnerability, and conditions of development of that type of economic actor. The ability to adapt, proactiveness, flexibility, ...
SMEs and Continuity of Success in the New Scenarios of Competition
Businesses have always been involved in the fascinating process of seeking success, challenging themselves with the goal of understanding what to do to improve their results, in the difficult search for a response on how to act in tough situations. In all historical periods, those emerge who are better able to interpret the competitive context to be faced and to construct an effective synthesis that ...
A Complex Three Years that Bring Problems and Opportunities
From 2020 to today, Italian small enterprises have been living through “interesting times,” as the Slovenian sociologist Slavoj Žižek would say, to use a euphemism. In these three years, our enterprises have been affected by various types of unforeseeable and uncontrollable events: the health emergency, the war crisis, growing inflation, and most recently the energy crisis. As in the past, this ...
The Four Strategies to Promote Sustainable Practices
Without the full involvement of SMEs, the sustainable transition cannot take place. Starting from this fact, the second edition of the White paper “Fostering Sustainability in Small and Medium-sized Enterprises” produced by the SDA Bocconi Sustainability Lab and sponsored by Assicurazioni Generali, placed European SMEs even more at the center of the analysis, further investigating the evolution ...
The Irresistible Appeal of Hybrid Organizations in the Public Context
The growing requests for integration of social impact and financial returns of businesses,[1] the attention to issues of environmental and social sustainability in the private sector, and the Millennium Development Goals introduced by the United Nations are only some of the reasons for the popularity of the debate linked to hybrid organizations. But what is meant by hybrid organizations? These ...
Iran from the Inside
Con la riapertura dei rapporti commerciali in seguito all’accordo sul nucleare, l’Iran rappresenta secondo alcuni osservatori la più grande economia a (ri)entrare nel mercato globale dai tempi del crollo dell’Unione Sovietica. Si tratta di un’economia ampia e diversificata, in cui le risorse naturali (petrolio, gas, ma anche rame e zinco) hanno un peso significativo ma non totalizzante. Un ...
Business and Human Rights: Due Diligence Comes of Age
I Guiding Principles on Business and Human Rights sono stati sanciti dal Consiglio del l’ONU per i diritti umani solo di recente: la loro approvazione unanime risale al 2011. Secondo le indicazioni del prof. Ruggie, incaricato da Kofi Annan, essi individuano nella corresponsabilità dei governi, delle aziende e delle stesse popolazioni, tenutarie dei diritti, i tre pilastri fondamentali sui quali ...
A New Space for Corporate Social Responsibility
Sustainability has certainly been a challenge and a subject of debate for a number of years now; a challenge for businesses that have discovered the high financial investments required in this regard, and a subject of debate because in its three dimensions of "environmental, economic, and social sustainability," it has become an expression that encompasses many areas of intervention and presents many ...
Non-Financial Reporting; Much More than an Obligation
More than two years have passed since the entry into force of Legislative Decree 254/2016, which made it mandatory for “public interest entities” with over 500 employees and a balance sheet exceeding 20 million euros – or total net revenues from sales or other services exceeding 40 million euros – to present an individual non-financial declaration for each accounting period. From the first ...
How a Family Business Grows
A rather deep-rooted prejudice is that a family business goes hand-in-hand with a small-sized business. In actual fact, in the last ten years in Italy, the incidence of family businesses out of total companies exceeding 50 million euros of turnover has increased, in terms of both turnover and employees. Obviously, not all family businesses are the same. According to the tenth edition of the AUB report ...