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The Strength of the Example of the Italian Manufacturing System
During the course of 2020-2021, the Italian production system, thanks to the dynamism of single businesses or through the creation of networks, proved to be resilient and able to rapidly recover from the drops in production suffered in the initial period of the pandemic. In the months of the lockdown, various businesses launched new product lines (personal protective equipment, medical devices, air ...
The Reaction to the Shock, Defined by Change
During the first phase of the health emergency (March 9-May 4, 2000), the shutdown of economic activities caused a blockage of operations especially for smaller Italian businesses, that in our country represent a high percentage of employment and economic output of the Italian production system. Over 70 percent of businesses (73.7 percent in terms of employment) reported a reduction of turnover compared ...
Compare to Whom? A Reflection on Benchmarking
Benchmarking represents one of the most common management tools used by businesses. It is an extremely complex and detailed process that involves some important elements of decision-making: identifying the outside group for comparison; gathering information on that group’s practices; and choosing which among these practices are advisable/feasible to adopt internally, and how. A benchmarking analysis ...
Banks and Human Resources: Rethinking the Relationship
Technological progress, cultural growth, and the diversification of customer needs are modifying the business models of banks, their organizational structures, and the modes of production and distribution of products and services, imposing changes in the quality of the human resources employed.#The dilemma that the banking sector must face today in the process of digitalization is how to maintain ...
All the Social and Environmental Value of the Bikeconomy
The value of bike tourism in the European Union now reaches 50 billion euros; and the figure is destined to grow even further thanks to the advent of the e-bike and the effects of the pandemic on people's lifestyles. Thanks to its wealth of natural and cultural beauty, the variety of its territory, and a food and wine culture without equal in the world, through targeted investments in infrastructure ...
Is Working Less and Earning More a Utopia?
The world of work, not only in Italy, is going through evident transformations and changes – the development of remote work, the wave of layoffs that has affected different professions, the lack of labor in some sectors – and some pressing demands, such as the introduction of a guaranteed minimum wage and a reduction of work hours with the same salary. Based on some experiments, that reduction ...
The Territorial Allocation of Resources, between Good and Bad
The evidence presented suggests that PNRR allocations generally favor the most problematic areas of the country. However, depending on the specific area of intervention, this result is not always robust. For example, while funds for the environment appear to go to areas facing greater difficulties, those for education are not allocated according to the same logic. Next Generation EU and the ...
Investments Require New Leadership in the Public Sector
This is a critical and unresolved issue for our country's system, as despite efforts to strengthen administrative capacities and provide technical assistance, it continues to hinder the spending capacity of the European funds from which we benefit. The 2014-2020 programming period, which is coming to an end, shows, as of the time of writing, a spending rate of 63 percent of the resources allocated ...
Simplifying to Grow and Win the Race Against Time
The scenario of permitting in Italy and the regulatory interventions from the perspective of the PNRR In this regard, the snapshot of the state of the art of permitting processes elaborated by Elettricità Futura in 2021 depicted a rather concerning picture of the obstacles characterizing the authorization process, including in particular: (i) a high percentage, amounting to 46 percent, of Renewable ...
The Challenge for Towns and Cities is to Invest in Real Projects
Reforms and resources guided by targets and milestones set a new model and framework for work, which in my opinion, is very positive. If applied carefully, they could bring about the necessary change in the spending capacity of Italy's system, in terms of both quality and quantity, for its growth. I believe this is the most significant and defining element of the National Recovery and Resilience ...