A88750 Strategic Analysis of Italian Business

Scuola di Economia e Management
Syllabus
Academic Year 2019/20 Second Semester

Learning Objectives

At the end of the course the student will be able:

  1. To identify the value creation activities of the most important sectors of made in Italy;
  2. To assess the risks and the opportunities of a decentralized production structure and to indicate the necessary change to implement in the company for a successful implementation;
  3. To identify the appropriate decisions and to draw appropriate implementation plans in order to develop an international retail network.

Learning targets

This course allows students to acquire sector-focused knowledge on the Italian SMI's business model and in particular in the fields international retail networks and multi local production structure management.

The possibility to work on the field will consolidate their knowledge and will stimulate them to a “bounded creativity” approach in performing their job.

Course Content

The course is composed of 3 parts:

- a first part where the Italian way of doing business is  presented  through  the analysis and discussion of emblematic Italian cases;

- a module focused on the operations and supply chain management and its organizational mechanisms that must be implemented in order to manage successfully a multi-local production structure. The transition phase from a centralized structure to a multi-local production structure will be analyzed;

- a module focused on the various aspects connected to the implementation of an international retail network (how to create new markets/how to exploit existent markets) integrating the concepts taught in the previous courses. The students will be required to perform practical exercises on real cases.

MODULO 1:

The objective of the first part of the course is to present and to discuss the characteristic  of the Italian model of management of the high performing companies and the common traits among the different sectors. The Armani, Patrizia Pepe,  Brembo  and Tecnogym cases will be discussed.

MODULO 2:

Starting from the Italian design industries, this session covers the process of delocalizing production from local to global network. The international sourcing will be analysed from operational execution to the approach of cultural differences.

MODULO 3:

The content of this session is to show to the students why is important to create an International Distribution Network and to give a strong insight on the diifferents models of distribution in order that the partecipants will be able to choose the right model of distribution , in the differents markets, depending of the situation of the company situation and the local conditions of the market.During this session will be ,also, discussed in depth how to control it via the follow-up of some importants KPI's and the right contracts

Course Delivery

The course will be run under a workshop format requiring active students’ involvement.

Projects on the field, and exercises are part of the program. Lectures are held, by academic professors and company managers,  throughout the entire semester. Students are responsible for LEARNING the material before coming to class and for PROVIDING a meaningful contribution to the discussion led by the instructor. It means to be able to provide accurate and sensible answers and comments whenever personally quizzed by the instructor (it will happen several time during each lecture) and to contribute new and original ideas.

In preparing for lectures students are required to know any detail of the required readings (academic papers from top journals), but are also invited to extend their reading to related papers s, to related papers discovered through personal search on the internet, to related newspaper articles they may become aware of through their daily reading. The students are responsible for consulting on a regular basis the website of the course on “my.liuc.it” where updates, additional material and slides about the course are posted. No excuse accepted for any failure during the course due to a delayed consultation of the website. 

Course Evaluation

The attendance to the course is strongly suggested. The 80% of the classes of each module is the minimum required.

Liuc students can choose between two alternative tracks:

  1. to attend and to be admitted to the written final exam based on the materials presented in the course;
  2. to avoid the attendance and to take the oral exam based on the materials published on the syllabus of the course.

Exchange students must achieve the “atending student” qualification and have access to the written final exam based on the materials presented in the course.

 

Non Attending Students exam

The exam will be a written individual exam. In two ours time the student will be requested to answer to three questions, one for each module, with reference to all the materials distributed during the course and to the following additional materials:

 Module 1st

Made in Italy Industries: Managerial issues and best practices (English Edition)

di Luana Carcano e Gabriella Lojacono Egea Ed

Module 2nd

Mc Kinsey Global Institute Report « Globalization in transition: the future of trade and value chaine », January 2019 . ( Executive summary)

https://www.bcg.com/fr-fr/publications/2017/globalization-winning-in-emerging-markets-drawing-route-market-multinationals-africa.aspx

´Mc Kinsey Global Institute Urban World ;The consumers to Watch Executive Summary

´Bain Company; Local Insurgents; Shake up China’ »two Speed market »

´World Economic Forum; Shaping the Future of Retail for Consumer Industries  

-The go-to-market revolution ; Boston Consulting Group

´Mc Kinsey Global Institute Report « Globalization in transition: the future of trade and value chaine », January 2019 . ( Executive summary)

https://www.bcg.com/fr-fr/publications/2017/globalization-winning-in-emerging-markets-drawing-route-market-multinationals-africa.aspx

´Mc Kinsey Global Institute Urban World ;The consumers to Watch Executive Summary

´Bain Company; Local Insurgents; Shake up China’ »two Speed market »

´World Economic Forum; Shaping the Future of Retail for Consumer Industries 

-The go-to-market revolution ; Boston Consulting Group

Module 3rd

-William J. Stevenson - Operations Management 13th edition  Capitoli 1-2-15, McGraw Hill 2018

 ISBN 978-1-259-667473

-Heizer, Render, Munson - Operations Management, Sustainability and Supply Chain Management,

 Capitoli 1-2-11, Pearson 2017 ISBN 978-0-13-413042-2

 

.-Slack, Brandon Jones, Johnston - Operations Management , Parte 1 tutta e Capitolo 13, Pearson

 2013 ISBN 978-0-27377620-8ù

-Lambert - Supply Chain Management, Processes, Partnership, Performance , Primo Capitolo tutto

 e primi 3 capitoletti di tutti gli altri capitoli, Supply Chain Management Institute,  2008 ISBN 978-

 0-9759949-3-1

Syllabus

Session 1
Hours of lesson: 2
Instructor: A. Sinatra

Topics:

Course Introduction

presentation of the 3 modules

the basic conceptual references 

Readings:

Session 2
Hours of lesson: 3
Instructor: A. Sinatra

Topics:

Giorgo Armani   Case A and B

Readings:

Session 3
Hours of lesson: 2
Instructor: A. Sinatra

Topics:

Brembo and the red kilometer case

Readings:

Session 4
Hours of lesson: 3
Instructor: A. Sinatra

Topics:

Technogymm case

Brembo-Technogym common traits

Readings:

Session 5
Hours of lesson: 2
Instructor: A. Sinatra

Topics:

Patrizia Pepes case

Readings:

Session 6
Hours of lesson: 0
Instructor: M. Bonfanti

Topics:

conclusions of the firat part: The Italian Industries Emerging Paradigm  

Intro second part

Starting from the Italian design industries, the second module covers the Supply Chain activities and the process of delocalizing production from local to global network. The international sourcing will be analysed from operational execution to the approach of cultural differences.

Lesson details:

: A brief introduction to Alessi

Definition of Operations and Supply Chain

Readings:

Session 7
Hours of lesson: 2
Instructor: M. Bonfanti

Topics:

: Italian Design factories

  Innovation and Product Development

Readings:

Session 8
Hours of lesson: 3
Instructor: M. Bonfanti

Topics:

: Globalisation and Internationalisation: From Local to Global district

Readings:

Session 10
Hours of lesson: 3
Instructor: M. Bonfanti

Topics:

:  Local to Global: Suppliers Management

Readings:

Session 12
Hours of lesson: 2
Instructor: M. Bonfanti

Topics:

: Evolution of Supply Chain Management: The Fast Fashion case

Readings:

Session 13
Hours of lesson: 3
Instructor: M. Bonfanti

Topics:

Intercultural Relationship and Operational Modality in Emerging Markets

Readings:

Session 14
Hours of lesson: 2
Instructor: M. Monzini

Topics:

 

The Internationalisation process and the importance for the development of the companies

Readings:

Globalisationin transition: The future of Trade and value Chains. january 2019, Executive Summary

 

Session 15
Hours of lesson: 3
Instructor: M. Monzini

Topics:

The interelation between  the markets and the distribution network

Readings:

Session 16
Hours of lesson: 2
Instructor:

Topics:

 

Importance of the brand positioning ,the consumer segmentation ,in the choice of the distribution .( some examples )

Readings:

Session 17
Hours of lesson: 3
Instructor: M. Monzini

Topics:

The different kinds of the distribution models and their positive and negative points through some examples.

Readings:

Session 18
Hours of lesson: 2
Instructor: M. Monzini

Topics:

The impact of the digitalisation on Marketing and his consequences on the distribution with the integration of e-commerce.

The role of the business developpment manager.

Readings:

The Case for Digital reinvention Mc Kinsey Quarterly

The state of Fashion 2019 Mc Kinsey Company

Session 19
Hours of lesson: 3
Instructor: M. Monzini

Topics:

presentation of case study presented by the students

Readings:


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