E&M
2024/2
Contents
Editorial
Focus. Rethinking HR Strategies and Public Employee Roles
A Forward-Looking Vision. Rethinking HR Strategies and Public Employee Roles
A Strategic Imperative. The Role of HR Management in Italian PSOs
Bridging the Skills Gap. How New Competencies Drive Innovation
War for Talent or Trawl Fishing? Balancing HR Needs and Quality in PSOs
Next Generation Performance Appraisals. Balancing Administrative and Development Goals
The European Commission's ComPAct: Bringing Innovation to EU Public Administrations
Visual Readings
Themes
Embracing Expert Approaches in Modern Credit Rating Modelling
Microfinance: A New Sustainable Asset Class on the Horizon?
Inclusive Brand Activism. Driving Social Change Beyond Woke Washing
Internet of Beings. AI and Hyper Data Revolutionize Healthcare
At the Wheel with Gen Z. Charting the Roadmap for Future Urban Mobility
Embracing Expert Approaches in Modern Credit Rating Modelling
Over the last thirty years, supervisory regulations have pushed banking institutions to adopt credit rating models that are based almost exclusively on quantitative and retrospective predictive variables, such as financial ratios and explanatory indicators of past performance in the bank-firm relationship. However, the “new normal” of uncertainty requires that these models evolve towards expert approaches, capable of capturing the onset of business weaknesses before they manifest at the economic and financial level. This means incorporating new, more forward-looking variables that are essentially qualitative in nature, reflecting the inherent strategic and managerial characteristics of the company.