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Businesses Can No Longer Remain Neutral
In the new global scenario, functions and roles that were once the exclusive province of governments now come under the responsibility of businesses. Businesses must develop the ability to operate in increasingly broad contexts through a sort of corporate foreign policy, based on two elements: a reading of social and geopolitical issues, and forward-thinking corporate diplomacy with respect to issues ...
Italy-China Cooperation: Analysis of a Case of Stakeholder Management
Starting in 2015, in order to seize the opportunities coming from the international markets, grow in size, and achieve economies of scale, the management and shareholders of Pirelli decided that it was possible to allow the Chinese giant ChemChina to acquire a significant stake and exercise influence over the company's decisions.#The ChemChina-Pirelli case could represent a true benchmark for other ...
The Rise, Fall, and Rebirth of Soft Power
Throughout the 20th century, the United States adopted strong, targeted soft power policies (from art to music, from theater to literature), used to enhance and promote its cultural model. The Cold War years are considered those of the "golden age of American cultural diplomacy," when shows, exhibitions, literary journals, etc. were used to enhance and promote different values in contrast to those ...
Value Strategies and Cost Deductibility for Intragroup Services
The internationalization of activities is one of the most effective strategies able to generate value for business. Multinational enterprises are able to do so exploiting economies of scale, economies of scope, and geographic diversification, in order to reach the best performance along three key determinants of value: current efficiency, risk management, and innovation and learning. The intersection ...
The Italian Automotive Sector between Innovation and Business Networks
The economic crisis that has hit the automotive sector due to the Covid-19 pandemic has had significant effects on supply and demand, de facto accelerating the technological transition and paradigm shift that had already begun in this sector. The Italian supply chain has accumulated a significant gap over the years compared to its international competitors in terms of research and development and ...
Americanism and Managerial Models
From the postwar period to today, Europe has always looked with admiration and envy to the greatness of America, thinking that the gap with the United States could be closed by creating an economic union or importing managerial models that are often containers of ideology more than organizational techniques. However, it is not sufficient to increase the size of markets or uncritically import some ...
Pressures and Tensions in Transatlantic Relations
Between 2004 and 2012, the United States and the European Union were each other's most important trading and investment partners; with annual trade of over 4 billion dollars, they generated 50% of the world's GDP and a third of global trade flows. Moreover, with the return to the White House of an Atlanticist president like Joe Biden, Washington has come back to the center of the climate agenda, re-entering ...
The Birth and Evolution of the Chinese Question
China is the player that has undermined US world hegemony the most, challenging not only the international system that came into being after 1945, but also its founding values and their universal character.#In recent years, technology supply chains, and primarily semiconductors, have been at the center of competition between the United States and China. The geopolitical nature of the technological ...
Public Administration and Meritocracy between Myth and Reality
For years the public administration has evoked the mantra of meritocracy, with great difficulty in concretely introducing it. This makes the public sector less attractive for more qualified people on the labor market, and produces a gradual demotivation of public employees. The attempt to introduce more meritocracy in the public administration has been reduced to the often distorted use of monetary ...
The Renewer’s Dilemma in the Management of Collective Turnover
The renewal of human capital in businesses represents a need that it both strategic and operational at the same time. There is no avoiding this issue, and the timeframe in which it takes place can have a significant impact not only on a company’s results, but at times even on its very survival. Putting off such an operation can in fact mean the loss of a significant component of shared experience. ...