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Innovation and Algorithms, To Be Managed with Care
The adoption of innovative solutions based on artificial intelligence (AI) by now involves almost all primary and secondary activities of supply chains. These innovations have revolutionized production processes, generated gains in the productivity of logistics activities, transformed marketing and sales functions and the related services, and radically modified the support activities traditionally ...
The Reason of Optimism in Italy
To translate the potential advantage over foreign competitors into a reality, Italian businesses need to make an organizational change and strengthen their abilities in the sector of artificial intelligence; while important players for the economy such as institutions and business representatives must increase their efforts to provide all of the support necessary for the required technological upgrade. ...
How to Create Value with the Data Economy
The true advantage of big data does not lie so much in the quantity of data recorded by a software or application, but in its ability to provide extremely detailed information on an individual. This distinctive element is the basis of the data-driven economy in which we are immersed. Big data is the fuel of the economy and scientific development, which is why it is necessary to guarantee access to ...
2021: An Artificial Intelligence Odyssey
Sensors, algorithms, and the capacity to store and analyze data: these are the three characteristics of the reality in which we are immersed. In this context, dominated by AI, businesses and organizations – in a broad sense – are exploring and using the many advantages and benefits that these tools offer: from the more accurate estimation of the demand for some goods or services (from transport ...
We Are the Business
The imperative of every good entrepreneur, administrator, and manager is to give adequate space to reflection on what, how, and why to do business, concentrating on the construction of a “strong” market position and on the creation of an organizational context and environment able to generate cohesiveness, motivation, and energy.Moreover, for the economic and cultural development of Italy, it ...
The World of Luxury is No Longer the Same (Which is Good)
The luxury sector is facing some important strategic challenges: the increase of production volumes and the improvement of profitability; the new management of sales offers; the compromise between exclusiveness and inclusiveness of its products; the difficulty of exceeding expectations when standards are already very high; and the country of origin as a lever for expansion at the international level. ...
Aggregate Demand is the Italian Problem
Between 1992 and 2018, the Italian economy saw a worrying slowdown of growth of aggregate demand, due above all to the significant contraction of private and public consumption. In the same period, Italy has been among the European countries that have made the greatest effort to reduce protections for insecure workers, leading to an exponential increase of workers with fixed-term contracts.#From a ...
How the Fashion World Must Re-think its Fundamentals
The pandemic has had a devastating impact on the international fashion system, already weighed down by various structural problems: from the excess of supply to the opacity of supply chains, aggravated and made more evident during the months of the lockdown. The crisis can be an opportunity for Italian suppliers who can offer specialization, flexibility, and high quality standards certifiable in terms ...
Business-Labor: Equal Status and Common Planning
The pandemic has highlighted the fragilities and deep inequalities that characterize the current economic system. At the same time, a process has begun that requires a profound change, the participation of workers in business decisions. Fifty years after Italy's "Workers' Statute" was passed, the time has come to define a new statute that guarantees the same rights and protections, independent of ...
Four Possible Destinies for Labor Unions
Since the end of the 1970s, in almost all European countries the generational shift in the world of labor has caused a drop in the levels of unionization. Many factors have contributed to this decline, related to both the market and the organization of work. Deindustrialization, polarization of professional structures, and the increase of immigrant workers risk undermining the social cohesion between ...