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Course 2018-2019 a.y.

20521 - MANAGERIAL ISSUES IN MADE IN ITALY INDUSTRIES

Department of Management and Technology

Course taught in English


Go to class group/s: 31

CLMG (6 credits - II sem. - OP  |  SECS-P/07) - M (6 credits - II sem. - OP  |  SECS-P/07) - IM (6 credits - II sem. - OP  |  SECS-P/07) - MM (6 credits - II sem. - OP  |  SECS-P/07) - AFC (6 credits - II sem. - OP  |  SECS-P/07) - CLEFIN-FINANCE (6 credits - II sem. - OP  |  SECS-P/07) - CLELI (6 credits - II sem. - OP  |  SECS-P/07) - DES-ESS (6 credits - II sem. - OP  |  12 credits SECS-P/07) - EMIT (6 credits - II sem. - OP  |  SECS-P/07) - GIO (6 credits - II sem. - OP  |  SECS-P/07)
Course Director:
GABRIELLA LOJACONO

Classes: 31 (II sem.)
Instructors:
Class 31: GABRIELLA LOJACONO


Prerequisites

It is strongly recommended that students have attended courses on Business/Corporate Strategy.


Mission & Content Summary
MISSION

The concept of “Made in Italy” is quite controversial and subject to an intense debate. The question is around what industries and companies can be included into this cluster representing the excellence of our entrepreneurial spirit, creativity and production abroad. The course aims at specifying what Made in Italy is, what are the characteristics that differentiate Made in Italy companies, and what are the reasons of their continuing success in the global scenario. The course also discusses the managerial challenges in selected industries that are important for the Italian Economy and the notoriety of our production system worldwide (i.e. Mechanics, Food and Beverages, Cosmetics and Eyewear).

CONTENT SUMMARY
  • How to define Made in Italy and key features.
  • Growth strategies of Made in Italy companies.
  • Career paths in Made in Italy companies.
  • Overview of the machine tool, automation and packaging systems industries.
  • The essential business drivers: supplier integration, operational excellence and collaborative new product development, supply chain management, time to market.
  • The next manufacturing revolution: Industry 4.0 and impact on the current business.
  • Food & Beverages: Industry structure, business models and main players, trends, premium and growth strategies.
  • The concept of “Beauty” and the industry structure.
  • Digital Strategy in Beauty.
  • Product innovation and launch in Beauty.
  • Suppliers’ network and Italian Beauty companies, global trend scouting in B2B.
  • Overview of the eyewear industry, licensing, production strategies.
  • Joint ventures in eyewear.
  • Retail and wholesale strategies in eyewear.

Intended Learning Outcomes (ILO)
KNOWLEDGE AND UNDERSTANDING
At the end of the course student will be able to...
  • Define the distinctive traits of Made in Italy companies.
  • Identify the drivers of excellence of the Made in Italy industries.
  • Describe the value chain activities of selected industries.
  • Understand the strategies adopted by Made in Italy companies to create and deliver value.
APPLYING KNOWLEDGE AND UNDERSTANDING
At the end of the course student will be able to...
  • Analyze the fundamental drivers of success of Made in Italy companies.
  • Compare value chains and competitive forces across industries.
  • Examine strategies of the companies at various organizational levels.
  • Assess the evolution of the business model to deal with the challenges of the new international competition.

Teaching methods
  • Face-to-face lectures
  • Guest speaker's talks (in class or in distance)
  • Case studies /Incidents (traditional, online)
  • Group assignments
DETAILS

Teaching experience is enhanced by the participation as guests of managers from different industries. The course interacts closely with the practical issues involved in key Italian industries. The connection between the “Italian factor” and management practices is dealt by using cases and professionals. Such an in-class interaction forms a central part of the learning process. Students are expected to read cases assigned for each session in advance.


Assessment methods
  Continuous assessment Partial exams General exam
  • Written individual exam (traditional/online)
  •     x
  • Group assignment (report, exercise, presentation, project work etc.)
  • x    
  • Active class participation (virtual, attendance)
  • x    
    ATTENDING STUDENTS

    Attending Students should reach at least 75% of attendance/18 over 24 classes + teamwork.

    • Evaluation consists of a written exam at the end of the course (60% of the total grade) and a teamwork completed during the course (40% of the total grade). Extraordinary in class contribution (in particular in discussing cases and participating to debates) is awarded with max one extra point at the end of the grading process. The project work is related to the preparation of a Case Study of a Made in Italy Medium-Sized Company.
    NOT ATTENDING STUDENTS

    Evaluation consists of a written exam at the end of the course (100% of the total grade). Non Attending students are expected to be prepared on the same material (textbook, cases, companies’ presentations) as the attending ones.


    Teaching materials
    ATTENDING AND NOT ATTENDING STUDENTS
    • L. CARCANO, G. LOJACONO, Made in Italy: State Of The Art And Key Challenges in Made in Italy Industries, Bocconi University Press, 2018. 
    • Cases, slides, and additional readings are uploaded on the Bboard platform.
    Last change 10/06/2018 17:20

    ACME (10 credits - II sem. - OBS  |  SECS-P/07)
    Course Director:
    GABRIELLA LOJACONO

    Classes: 31 (II sem.)
    Instructors:
    Class 31: GABRIELLA LOJACONO


    Prerequisites

    It is recommended that students have attended courses on Business/Corporate Strategy.


    Mission & Content Summary
    MISSION

    The concept of “Made in Italy” is quite controversial and subject to an intense debate. The question is around what industries and companies can be included into this cluster representing the excellence of our entrepreneurial spirit, creativity and production abroad. The course aims at specifying what Made in Italy is, what are the characteristics that differentiate Made in Italy companies, and what are the reasons of their continuing success in the global scenario. The course also discusses the managerial challenges in selected industries that are important for the Italian Economy and the notoriety of our production system worldwide (i.e. Mechanics, Food and Beverages, Cosmetics and Eyewear). A special module deals with generation of ideas for innovation in Made in Italy industries, exploring methodologies and techniques for launching new products/services and evaluating the economic and commercial feasibility of the business ideas.

    CONTENT SUMMARY

    Module 1: Made in Italy industries:

    • How to define Made in Italy and key features.
    • Growth strategies of Made in Italy companies.
    • Career paths in Made in Italy companies.
    • Overview of the machine tool, automation and packaging systems industries.
    • The essential business drivers: supplier integration, operational excellence and collaborative new product development, supply chain management, time to market.
    • The next manufacturing revolution: Industry 4.0 and impact on the current business.
    • Food & Beverages: Industry structure, business models and main players, trends, premium and growth strategies.
    • The concept of “Beauty” and the industry structure.
    • Digital Strategy in Beauty.
    • Product innovation and launch in Beauty.
    • Suppliers’ network and Italian Beauty companies, global trend scouting in B2B.
    • Overview of the eyewear industry, licensing, production strategies.
    • Joint ventures in eyewear.
    • Retail and wholesale strategies in eyewear.

    Module 2: Generating ideas for innovation:

    • Generating ideas.
    • Align: Design Driven Innovation.
    • Align: Design Research.
    • Discover: Design Process & Business Model Innovation.
    • Connect/Envision: Analysis & Frame.
    • Connect/Envision: Prototyping ideas.
    • Quantitative and qualitative analysis for business planning.


    Intended Learning Outcomes (ILO)
    KNOWLEDGE AND UNDERSTANDING
    At the end of the course student will be able to...
    • Define the distinctive traits of Made in Italy companies.
    • Identify the drivers of excellence of the Made in Italy industries.
    • Describe the value chain activities of selected industries.
    • Understand the strategies adopted by Made in Italy companies to create and deliver value.
    • Recognize fundamental sources of value creation behind design, innovation, and development of new products.

    APPLYING KNOWLEDGE AND UNDERSTANDING
    At the end of the course student will be able to...
    • Analyze the fundamental drivers of success of Made in Italy companies.
    • Compare value chains and competitive forces across industries.
    • Examine strategies of the companies at various organizational levels.
    • Assess the evolution of the business model to deal with the challenges of the new international competition.
    • Translate broadly defined opportunities into actionable innovation possibilities and recommendations.


    Teaching methods
    • Face-to-face lectures
    • Guest speaker's talks (in class or in distance)
    • Exercises (exercises, database, software etc.)
    • Case studies /Incidents (traditional, online)
    • Group assignments
    • Interactive class activities (role playing, business game, simulation, online forum, instant polls)
    DETAILS

    Teaching experience is enhanced by the participation as guests of managers from different industries. The course interacts closely with the practical issues involved in key Italian industries. The connection between the “Italian factor” and management practices is dealt by using cases and professionals. Such an in-class interaction forms a central part of the learning process. Students are expected to read cases assigned for each session in advance. The module on generating ideas and business planning involves a designer assigning the students a research brief for teamworks.


    Assessment methods
      Continuous assessment Partial exams General exam
  • Written individual exam (traditional/online)
  •     x
  • Group assignment (report, exercise, presentation, project work etc.)
  • x    
  • Active class participation (virtual, attendance)
  • x    
    ATTENDING STUDENTS

    Attending Students should reach at least 75% of attendance/18 over 24 classes + teamworks.

    • Evaluation consists of a written exam at the end of the course (50% of the total grade) and two teamwork completed during the course (30% for the "Generating ideas and business planning" project and 20% for the "Made in Italy" project). Extraordinary in class contribution (in particular in discussing cases and participating to debates) is awarded with max one extra point at the end of the grading process.
    NOT ATTENDING STUDENTS

    Evaluation consists of a written exam at the end of the course (70% of the total grade) and the "Generating ideas and business planning", which is compulsory for all students in any case in order to pass the exam (30% of the total grade). Non Attending students are expected to be prepared on the same material (textbook, cases, companies’ presentations) as the attending ones.


    Teaching materials
    ATTENDING AND NOT ATTENDING STUDENTS
    • L. CARCANO, G. LOJACONO, Made in Italy: State Of The Art And Key Challenges in Made in Italy Industries, Bocconi University Press, 2018.
    • G. LOJACONO, G. ZACCAI, The Evolution of the Design-Inspired Enterprise, SMR, Spring, 2004.
    • Cases, slides, and additional readings are uploaded on the Bboard platform.
    Last change 10/06/2018 17:22