Institutional legacies in TNCs and their management through training academies: the case of transnational law firms in Italy

This paper highlights the effects of heterogeneous institutional contexts on transnational professional service firms, a relatively understudied issue. Specifically the paper provides empirical analysis of how the specificities of the Italian institutional context affect the activities of English legal professional service firms in Milan. This reveals the intimate connection between varieties of capitalisms, place-specific workplace cultures and practices, and the institution-related challenges transnational professional service firms and all transnational corporations (TNCs) face. The paper also reveals the way institutionally generated differences at the level of work practices are managed in transnational law firms through worldwide training programmes designed to ‘govern’ the practices of workers in different parts of the TNC’s network. This highlights the importance of studying attempts to manage institutional heterogeneity at the level of workplace practices, something often missed in existing meso-scale studies of TNCs’ governance structures. Consequently, detailed empirical archaeologies exploring the direct links between institutions and practices are highlighted as being an important as part of future research analysing the effects of institutions on TNCs

Risk management in a mega-project: the Universal EXPO 2015 case

The paper analyses the literature on risk management in mega-projects suggesting possible mitigation actions to be considered in the stakeholders' management. EXPO 2015 represents a perfect project to understand the strength of a rigorous methodological approach to uncertainty and the need for a mature consciousness at managerial level on these topics. Analysing real available data on this project, the number of visitors appears overestimated, so, by adopting a framework, called SHAMPU, the paper quantifies the relative impact and provides possible mitigation actions. Practical actions crossing the risk management phases in mega projects proposed by literature are suggested in the conclusions

Car Sharing and Relocation Strategies: a Case Study Comparison in the Italian Market

The sharing economy represents an economic model based on the sharing of goods and services. In particular, this paper examines car sharing model, an attractive alternative to a self-owned car which has found large interest in the recent literature in different research fields. This study aims to investigate innovative and effective relocation strategies based on the analysis of data on users’ consumptions, for the constantly growing car sharing system. For this purpose, after a literature review, the paper presents a case study focused on the car repositioning algorithm developed by one of the market leader in this sector: car2go. More in detail, the paper evaluates differences and similarities in the strategic management of this model within the Italian context, through a comparison among the cities of Rome and Milan. Empirical results and practical implications for users will be provided, by highlighting opportunities and threats concerning the different settings

From viability to sustainability: the contribution of the viable systems approach (VSA)

The current dynamics of business systems require new ways of conceiving the role of single entities. On this basis, a complex of interactions between the company and the reference context must be activated to guarantee survival dynamics. From these considerations re-emerge the ideas of Peccei (2013) and King (2013) that recognise in the systemic thought the foundations for a sustainable society. The present study derives from these considerations, and aims at contributing to the advancement of the knowledge necessary to overcome the challenges in the sustainability field. The methodological approach, albeit heuristic, can be traced back to the positive scientific and constructivist method. The results of the study showed the prevalence of qualitative and subjective techniques, accompanied by the so-called inductive method, testifying to the intense interaction between the scholar and the object investigated. With regard to future research, it would be interesting to construct a flexible, scalable and extensible model to recover both a database and an ontology for the theoretical framework

The "De Medici New Generation": The Italian Foundations' Collections and Philanthropy in the Third Millennium

Lorenzo de Medici, his family and his followers were well-known bankers, merchants and investors. The cultural heritage of Tuscany and Italy profited by a very great influence of this Highlighted Sponsor. Tuscany is nowadays a comprehensive heritage, one of the treasure the Italian Cultural Market has inherited. Since de Medici’s century, the bank industry has experienced a strong involvement in the support of the Italian culture. The bank industry is nowadays split in “for profit” and “not for profit” branches. The not for profit is connected with bank foundations, lately born in Italy (1990). Bank foundations are fund-givers of big philanthropy next to Public Administrations and foundations of big-sized Italian Firms of the famous “Made in Italy. Next to banks and bank foundations’ there is also corporate philanthropy of several Italian Firms. The assets and philanthropy of Italian Corporate Foundations have not been fully investigated yet. Corporate Foundations do develop exhibiting goals too, collecting and showing works of art of traditional and recent categories (from paintings to applied arts; from sculptures to design). In the economical literature Bank foundations have been mostly investigated recently. Nevertheless, bank and corporate foundations are not only grant-makers. Having collected arts and heritages through their bank and investing policies and services, they are now realizing their exhibiting potentials. Bank Foundation Museums, Industrial Museums and Corporate collections are now estimated as an opportunity to strengthen the relationship between foundations and their cultural stakeholders. Art collections are part of the communication mix and branding of the propensity to arts and heritage commitment. This paper contains, first of all, an analysis of criteria of Italian Foundations Philanthropy, particularly of Bank Foundations. It will be, secondly, discussed of strategies and polarities of grant-making and operating in the arts. Collections and Museums will be studied in their implementation process, both offline and online. Cataloguing will be demonstrated as refers to international standards. Networking strategies with national and international institutions will be examined, in order to justify the touring of collections. It will be finally verified the wideness and correlation of grant-making and operating of these foundations in the economics of culture.philanthropy; collection; foundation; bank; corporate

An investigation into hotel group and luxury fashion designer collaborations

This article is a preliminary exploration, aiming to identify the drivers of a plethora of developments led by luxury fashion designers. It was found that both luxury fashion designers and the hotel companies realised a strategic fit between brands and products offer, based on the consumer demand for the luxury experience. One common motive amongst the two industries was to capitalise on each other’s brand reputation, particularly known for its capability to provide quality and luxury products. This article also identified that the Chinese market has the potential to grow and could be a lucrative location into which to expand the luxury fashion designers’ hotel concept

Drivers of international development for born global companies founded by Italian entrepreneurs

The rise of “born global” companies, i.e. companies that internationalize their activities from inception or shortly thereafter led researchers to explore the various aspects related to early internationalization. Nevertheless, authors argue that further evidence and analysis on these firms is required (Oviatt and McDougall, 1997). Based on a multiple case study research the paper aims at providing further evidence on this phenomenon. An in-depth qualitative analysis has been performed based on eight startups founded by Italian entrepreneurs that showed an early internationalization towards the US and the Silicon Valley in particular. They have been interviewed with the goal of validating the major drivers of internationalization the literature attributes to born global companies. The cross case study analysis carried out highlights that not all the drivers seem to be equally relevant. The major findings of the study are twofold. First, the importance of professional networks built by entrpreneurs before establishing the company. Secondly, how the entrepreneur’s prior experience abroad (either as entrepreneur or as employee or for studying reasons) triggers and orients the internationalization path of a companyborn global, early internationalization, innovation, entrepreneurship, startup

High-end fashion manufacturing in the UK - product, process and vision: Recommendations for a Designer and Fashion Manufacturer Alliance and a Designer Innovation and Sampling Centre

The Centre for Fashion Enterprise (CFE) was commissioned by the Department of Culture, Media and Sport (DCMS) to undertake a feasibility study to explore fully the market need for a new high-end production hub. This was in direct response to the need highlighted in the DCMS report, Creative Britain - New Talents For The New Economy, published in 2008. This study has confirmed that there is a need. However the need is for a sampling and innovation facility rather than a production hub. Designers reported a shortage of high quality sampling capacity in the UK, as well as difficulties in getting small quantities produced. Additionally, they do not know where or how to source appropriate manufacturing in the UK, Europe or globally, at the quality the market requires

How the design of socio-technical experiments can enable radical changes for sustainability

Sustainability requires radical innovations, but their introduction and diffusion usually encounter the opposition of existing socio-technical regimes. An important challenge is, therefore, to understand how to catalyse and support the process of transitioning towards these innovations. Building upon insights from transition studies (in particular the concepts of Strategic Niche Management and Transition Management), and through an action research project (aimed at designing, introducing and diffusing a sustainable mobility system in the suburban areas of Cape Town), the paper investigates the role of design in triggering and orienting societal transformations. A key role is given to the implementation of socio-technical experiments. A new socio-technical system design role emerges: a role in which the ideation and development of sustainable innovation concepts is coupled with the designing of appropriate transition paths to gradually incubate, introduce and diffuse these concepts

Exploratory study to explore the role of ICT in the process of knowledge management in an Indian business environment

In the 21st century and the emergence of a digital economy, knowledge and the knowledge base economy are rapidly growing. To effectively be able to understand the processes involved in the creating, managing and sharing of knowledge management in the business environment is critical to the success of an organization. This study builds on the previous research of the authors on the enablers of knowledge management by identifying the relationship between the enablers of knowledge management and the role played by information communication technologies (ICT) and ICT infrastructure in a business setting. This paper provides the findings of a survey collected from the four major Indian cities (Chennai, Coimbatore, Madurai and Villupuram) regarding their views and opinions about the enablers of knowledge management in business setting. A total of 80 organizations participated in the study with 100 participants in each city. The results show that ICT and ICT infrastructure can play a critical role in the creating, managing and sharing of knowledge in an Indian business environment