The Present and Future of MBA Programs
The Compass of Trust for Management
Marchionne and Lessons in Leadership
Being a Strategy Maker in the Digital Era
The Great Bet of Sustainability
Dossier. Corporate governance
Conditions for the Growth of Italian Businesses
Focus. Capitalism and Business
Searching for European Capitalism
The Return of the State? It Depends
European Diversity Without Unity
Special 30 Years of Economia & Management
Family Business and New Leadership
In the period from 2012-2017, in Italy family-controlled and coalition businesses showed the largest increases in both operating and net profit, the best levels of liquid assets, and lower financial risk.
Italian family-controlled and coalition businesses still show some criticalities, though: the gradual aging of leaders; the concentration of power through CEO duality; the distribution of power through multiple delegated powers; the joint effect of concentrated power and multiple delegations; difficulties in the generational shift in leadership.
A possibility to favor the generational shift at the head of companies is to use the passage from the role of Managing Director to that of Chairperson with only a few delegations, i.e. to gradually go beyond duality, dedicating the necessary resources and energy to each of the two roles.