Corporate culture also applies to corporate crises
A research study analyses the meeting minutes of production organisations experiencing difficult times
A sensible corporate culture needs to be applied even during difficult periods. In fact, in most cases, this is especially true when a production organisation hits a crisis point and grinds to a halt – circumstances that also end up affecting the company’s sphere of activity, as well as all related institutions. As such, we are in need of new industrial policies not merely to generate growth, but also to contain crises.
The study undertaken by Matteo Gaddi and Nadia Garbellini, published in the latest issue of the Giornale di diritto del lavoro e di relazioni industriali (Journal of labour legislation and industrial relations) revolves around these issues.
Entitled “Crisi d’impresa: la necessità di nuove politiche industriali” (“Corporate crises: a need for new industrial policies”), it addresses the theme of corporate crises and their resolution through a particular approach: the analysis of the minutes of meetings instituted by the Italian Ministry of Economic Development. A peculiar and unusual approach that, nonetheless, allows to both better comprehend the tangible dynamics surrounding each occurrence and to acquire new information concerning the civil and corporate culture applied to the management of such events.
“The analysis of the minutes of the meetings instituted by the Italian Ministry of Economic Development,” explain the two researchers at the beginning of their study, “highlights how most of the crises can be attributable to structured aspects of the Italian economic and productive system”. This gives rise to one of the paper’s most significant conclusions: “As such, we need appropriate industrial policies that can tackle these phenomena in order to safeguard employment and strengthen the manufacturing fabric through public intervention tools”. In other words, crises need to be looked at with fresh eyes, though the tools available until now have nonetheless been effective – something that Gaddi and Garbellini do acknowledge, especially in relation to the Fondo Salvaguardia (Italian Company Protection Fund) and the Fondo Grandi Imprese (Large Companies Fund), their inherent issues and constraints notwithstanding. What, however, seems to be missing is an analytical and decisional method shared by all the main actors involved in each individual corporate crisis, a method generating realistic solutions that can be adopted and accepted by all. Thus, we return to the two researcher’s key point: even in a corporate crisis, the application of a sensible production culture that takes into consideration entrepreneurial, employment and territorial needs, remains a crucial and irreplaceable tool.
Crisi d’impresa: la necessità di nuove politiche industriali (“Corporate crises: a need for new industrial policies”)
Matteo Gaddi, Nadia Garbellini
Giornale di diritto del lavoro e di relazioni industriali, 2022/175
A research study analyses the meeting minutes of production organisations experiencing difficult times
A sensible corporate culture needs to be applied even during difficult periods. In fact, in most cases, this is especially true when a production organisation hits a crisis point and grinds to a halt – circumstances that also end up affecting the company’s sphere of activity, as well as all related institutions. As such, we are in need of new industrial policies not merely to generate growth, but also to contain crises.
The study undertaken by Matteo Gaddi and Nadia Garbellini, published in the latest issue of the Giornale di diritto del lavoro e di relazioni industriali (Journal of labour legislation and industrial relations) revolves around these issues.
Entitled “Crisi d’impresa: la necessità di nuove politiche industriali” (“Corporate crises: a need for new industrial policies”), it addresses the theme of corporate crises and their resolution through a particular approach: the analysis of the minutes of meetings instituted by the Italian Ministry of Economic Development. A peculiar and unusual approach that, nonetheless, allows to both better comprehend the tangible dynamics surrounding each occurrence and to acquire new information concerning the civil and corporate culture applied to the management of such events.
“The analysis of the minutes of the meetings instituted by the Italian Ministry of Economic Development,” explain the two researchers at the beginning of their study, “highlights how most of the crises can be attributable to structured aspects of the Italian economic and productive system”. This gives rise to one of the paper’s most significant conclusions: “As such, we need appropriate industrial policies that can tackle these phenomena in order to safeguard employment and strengthen the manufacturing fabric through public intervention tools”. In other words, crises need to be looked at with fresh eyes, though the tools available until now have nonetheless been effective – something that Gaddi and Garbellini do acknowledge, especially in relation to the Fondo Salvaguardia (Italian Company Protection Fund) and the Fondo Grandi Imprese (Large Companies Fund), their inherent issues and constraints notwithstanding. What, however, seems to be missing is an analytical and decisional method shared by all the main actors involved in each individual corporate crisis, a method generating realistic solutions that can be adopted and accepted by all. Thus, we return to the two researcher’s key point: even in a corporate crisis, the application of a sensible production culture that takes into consideration entrepreneurial, employment and territorial needs, remains a crucial and irreplaceable tool.
Crisi d’impresa: la necessità di nuove politiche industriali (“Corporate crises: a need for new industrial policies”)
Matteo Gaddi, Nadia Garbellini
Giornale di diritto del lavoro e di relazioni industriali, 2022/175