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Magazine article (E&M - 2021/2) Pedronetto Paolo

The Benefits of Algorithms in Business Organization

Organizations must increasingly invest in tools and projects that allow for constructing algorithms necessary for the effective management of HR processes. Data is available through a great variety of sources: if combined and analyzed, it can create a rich and more detailed understanding of what employees want and how they can act to improve their performance. The human resources department is an ...

Magazine article (E&M - 2021/2) Artoni Roberto

The Bumpy Road of the Exit from the Mixed Economy

The divestment of the companies held by IRI did not require any additional intervention in terms of public finance, demonstrating their evident condition of good health. The privatizations were also driven by an essentially financial logic: the state sought high and immediate financial proceeds, but often without an in-depth evaluation of the quality of the buyers or the consequences of the divestments ...

Magazine article (E&M - 2021/2) Molteni Luca, Poli Maurizio

Data Scientists: Who They Are, What They Do, and How They Do It

An analysis of the data collected by the Kaggle platform for data science has shown that the figure of the data scientist is present uniformly in India, the rest of Asia, Europe, and North America, principally in the 25 to 34 age bracket; Python is the language largely preferred by data scientists; and the introduction into companies of models based on machine learning techniques is still very limited, ...

Magazine article (E&M - 2021/2) Omarini Anna

Challenges and Solutions for the Banking Sector

The application of artificial intelligence solutions in the banking sector will have various consequences in terms of: creation of new economies and professions; increase of worker productivity; creation of new modes of working; and requalification of old abilities and skills of employees. The public and private stakeholders in the banking sector (including the European Commission) increasingly express ...

Magazine article (E&M - 2020/2) Sorrentino Carlo

The Origins of the Print Media Crisis

There is an observation - from a few years ago - that is as ironic as it is dramatic, made by a famous journalism studies researcher, that goes more or less like this: to speak of a crisis for print media is an optimistic understatement of reality. In the Italian case, an additional qualification must be made: the print media sector has never had a particularly leading role. The historical causes ...

Magazine article (E&M - 2020/2) Santoro Pier Luca

Newspapers Searching for New Business Models

From their birth, newspapers have based their existence essentially on the same business model, founded on the sale of copies and advertising. This model, as we know, began to collapse more than a decade ago, and except in some rare cases, mostly abroad, an alternative has not yet been found. According to the data from ADS-Accertamenti Diffusione Stampa, from November 2013 to November 2019, the ...

Magazine article (E&M - 2021/3) Cosentino Claudio, di Pietro Adelina

The Prospects for the Italian Water Pricing System

With approximately 40 euros per inhabitant per year in 2018, compared to a European average of 100 euros, Italy is at the bottom of the European rankings for investment in the water sector. The causes are to be found in the organizational deficits on the part of the operators, overly complex regulations, and the limited utilization of credit.#The current tariff method launched an intervention seeking ...

Magazine article (E&M - 2021/3) Dagnino Giovanni Battista

Advanced Analytics: What Key Advantages for Which Companies

The rapid and incessant evolution of markets induces businesses to adopt increasingly advanced technologies to adequately respond to the needs of consumers and thus to remain competitive. Through the elaboration of accurate and increasingly reliable predictions, advanced analytics provides a conspicuous contribution to company decision-making processes, ensuring that managers have the possibility ...

Magazine article (E&M - 2021/3) Stabilini Giuseppe

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 ...

Magazine article (E&M - 2021/3) Arbore Alessandro, Mandelli Andreina

New and Old Market Logics in the Hyperconnected Era

In the current hyperconnected world, the primary sources of value are data and communication, elements that businesses must know how to transform into information and relationships of trust, i.e. into sustainable economic value.#Through the construction of an ecosystem of complementary and interconnected solutions, businesses can generate "network externalities" and "switching costs" able to consolidate ...