Archivio tag per: crisis

Fixing Greece: why not treat it like a troubled subsidiary

Reading time: 5 minutes

09 Lug
09/07/2015
Foto del profilo di Markus Venzin

by Markus Venzin

SDA Professor of Strategic and Entrepreneurial Management

What are the next steps now after the strong “ókhi” (no) vote of the Greek population against the last bail out offer from the creditors? The EU can’t let Greece fall by the wayside. There is so much more at stake than the cost of a bailout: Patients struggle without medicines and elderly citizens cry in front of closed banks because they can no longer access their pensions. Children are hit hard as services dry up. The EU cannot say "this is not our problem anymore."

To find a solution, let's take for a moment a management perspective, with Greece being a subsidiary, and the EU its parent company. How would the top management team of this multinational company handle the issue?

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VIDEO: Le aziende sono abbastanza resilienti per affrontare il contesto attuale? – Are Companies Resilient Enough in The Current Climate?

Reading time: 2 minutes

15 Mar
15/03/2015
Foto del profilo di Markus Venzin

by Markus Venzin

SDA Professor of Strategic and Entrepreneurial Management

Lo scenario della “Nuova Normalità” è destinato a perdurare, pertanto le aziende devono diventare più forti se vogliono sopravvivere alle sfide odierne e future. Markus Venzin, Direttore CDR, Claudio Dematté Research in SDA Bocconi, ha sviluppato un modello denominato VOLARE (Volatility + Return of Equity), che misura la resilienza di un’azienda e la sua capacità di sopravvivere in tempi di instabilità sulla base degli indicatori chiave di performance. Il Prof. Venzin ritiene che la performance debba essere misurata in modo diverso e spiega cosa deve fare un’azienda per sviluppare una crescita proficua sostenuta oggi e negli anni a venire.

The new normal is here to stay and companies must become more resilient if they are going to survive challenging times of today and tomorrow. Markus Venzin, Director of the Strategic & Entrepreneurial Management Department at SDA Bocconi has created a model called VOLARE (Volatility +Return of Equity) which measures a company’s resilence and ability to survive these turbulent times based on key performance indicators. Prof. Venzin asserts that business performance needs to be measured differently and discusses what exactly it takes for a company to have sustained profitable growth today and in years ahead.

VIDEO: La competizione non fa bene in tempo di crisi. Perché? – Competition is not good in a crisis. Why?

11 Giu
11/06/2014
Foto del profilo di Carlo Alberto Carnevale Maffè

by Carlo Alberto Carnevale Maffè

SDA Professor of Strategic and Entrepreneurial Management

Carlo Alberto Carnevale Maffè, SDA Professor dell'Area Strategia e Imprenditorialità sviluppa la sua prospettiva sul difficile panorama odierno, sostenendo che la competizione non faccia bene in tempo di crisi e che, in passato, gli standard imposti dalla politica per favorire la competizione sul mercato non abbiano funzionato.

Professor of Strategic & Entrepreneurial Management at SDA Bocconi, Carlo Alberto Carnevale Maffè shares his point of view on today’s challenging climate. He adamantly believes that competition is bad in times of crisis and argues that politically imposed standards to create and increase competition in the marketplace have failed to work.

Doing business in emerging economies: lessons from the Ukrainian crisis

Reading time: 5 minutes

14 Mar
14/03/2014

Foto del profilo di Olga Annushkina

by Olga Annushkina

SDA Professor of Strategic and Entrepreneurial Management


The recent political, social and military crisis in Ukraine had a huge impact on the economic environment in Ukraine and in Russia and in global markets. Russian Ruble plunged, Russian stock prices went down, the price of gold started climbing back as a response to the war rumors, the energy prices started rising. In the interconnected economies, the issues at stake regard the mutual trade and investment relations, among all the issue of oil and natural gas (see Figure 1).

The growing uncertainty at the Europe’s South-East once again brought up the issue of risks associated to doing business in emerging markets and the main differences in business contexts in “developed” and “emerging” economies: the institutional context.

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VIDEO: Le aziende sono in grado di adattarsi al nuovo scenario? – Are companies prepared to handle the new normal?

12 Mar
12/03/2014
Foto del profilo di Robert Grant

by Robert Grant

SDA Professor of Strategy and Entrepreneurship

Il nuovo scenario non è certo invitante e nel prossimo decennio le aziende e le economie dovranno fare i conti con una crescita minima e un aumento della competizione. Il Prof. Robert Grant, SDA Professor di Strategia e Imprenditorialità, parla dei problemi strategici di base che si trovano ad affrontare le aziende nei settori della finanza, del petrolio e del gas, delle lezioni che possono imparare dai recenti errori di gestione e di cosa possono fare per prepararsi a un futuro ancora più competitivo.

The new normal is not a pretty picture and companies and economies will  continue to struggle with  minimal growth and increasing competition for the rest of the decade. Prof Robert Grant (SDA Professor of Strategic & Entrepreneurial Management) looks at the  basic strategic issues the financial and oil and gas industries are facing today, the lessons that can be learnt from recent management mistakes and what steps can be taken to prepare for a more competitive future.