Management lessons from Formula 1

At the following link a very interesting article from Professor Mark Jenkins. I believe that the current dynamics in F1 (relevant to technological and overall management change) make the contents of it even more sound and relevant. It will be interesting to see the impact of a the integration of the overall management american and european style in LibertyMedia over the project.

Ross Brawn

Ross Brawn is playing a key role in this from an experience and cross-cultural view perspective.

Article by Professor Mark Jenkins

How to move ahead, no matter what …

The old saying on #entrepreneurship states that we have to focus specializing on one activity in order to excel and build a successful business on it.

Elon Musk

Times have changed and, as Elon Musk entrepreneurial activities show, it is necessary to use acquired dynamic knowledge and networks in order to become ‘specialized-generalists’ driven by #visionary principles and #synergistic practices across different fields of action.

An article on the subject …

Ideas environments: drivers to entrepreneurship

They used to be called business ecosystems: clusters of cooperation and healthy competition within a certain geographical area. Today we talk about #ideasenvironments because everything has become much more subject to dynamic changes and disruptions.

Such environments are essential to any enterprise to survive and thrive; for this reason every business should actively participate in developing such physical and conceptual areas.

Interesting perspectives on the topic at this link.

 

MANAGING KNOW-HOW AS AN ASSET FOR BUSINESS GROWTH.

New technologies, people’s visions and the integration of socio-cultural aspects are key drivers to international business growth not necessarily linked to large size companies. Today Small and Midsize Enterprises represent a powerful force of change in global business development from many perspectives.

Riccardo Paterni (moderator), Pierpaolo Vannucci (Vannucci & Associati), Stefano Bortoletto (Club Tecnologia e Passione), Nicola Scimeca (Ycom)

This has surfaced during the workshop “Business growth through leveraging on new technologies and know-how” held today as part of the University of Pisa International MBA. The master has reached the 8th edition and it features 34 participants representing twenty different nationalities with a very high level of multifaceted diversity.  Industry 4.0 concepts and practices; innovation focus developed through organizational networks; know-how developed in a production field leveraged upon also in other ones; international business development from socio-cultural perspectives; these are the topics outlined in the workshop by the four presenting organizations.

Marco Dell’Osso, Strategic Marketing Manager in Futura, (manufacturer of converting machinery for the tissue paper industry) has outlined concepts and practices of Industry 4.0 by pointing out the features of the latest projects the company is developing and utilizing and that it will develop in the future. 

Stefano Bortoletto, coordinator of the ‘Club Tecnologia e Passione‘ has illustrated the characteristics and purposes of this club of companies belonging to several fields and driven by common goals of innovation focus going also beyond technology into socio-cultural fields.

Nicola Scimeca and Mario Saccone, founders of Ycom have outlined how a company specialised in developing prototypes and services within the highest echelon of global Motorsport, has potential and capabilities (because of the unique technological and cultural characteristics of the field) to develop rapid and efficient innovation to the benefit also of other industrial sectors. 

Pierpaolo Vannucci, founder of firm Vannucci e Associati (part of an international network of Chartered Accountants and business development, MGI) has illustrated the development of a project bridging Italian technologically driven socio-cultural know-how in a progressive country as Morocco. 

Overall the workshop, moderated by Riccardo Paterni co-founder of Synergy Pathways,  has stimulated active interaction with the international audience and the many cultural, academic and professional perspectives present have stimulated analysis and debates. As part of the workshop process the companies have also strengthen their relationship of cooperation with the MBA network and the students have been offered opportunities to actively know about the companies the companies unique projects already.

Photos from the event at this link

Ideas environments: the fuel to entrepreneurship

They used to be called business ecosystems: clusters of cooperation and healthy competition within a certain geographical area. Today we talk about #ideasenvironments because everything has become much more subject to dynamic changes and disruptions.

Such environments are essential to any enterprise to survive and thrive; for this reason every business should actively participate in developing such physical and conceptual areas.

At this link an interesting perspectives on the topic.

Riccardo’s trip to India January 13th – 20th

From January 13th through the 20th Riccardo spent time in India with Samit.

We focused on business development related to sectors as automotive, food industry and Motorsport.

Within automotive we are focusing on and entrepreneurial car care top quality products that are going to develop BtoB and BtoC activities.

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Within the food industry a client of ours is going to offer a know-know and natural coadjuvants to increase the yield productivity within the dairy industry.

Regarding Motorsport we are focusing on ways to raise the awareness and professional standard levels through the cooperation of professionals in our Italian and United Kingdom network. We are in the process of shaping in such regard a unique educational project with a university in Mumbai as well as racing developments with the Mohites Academy at the Kolhapur karting track. The goal is to make solid, dependable and easy to approach pathways of racing career developments to Italy and Europe.

Stay tuned …

Testing the resurfaced karting track in Kolhapur (INDIA) …

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… in view of new developments that are going to involve the track and that are going to involve Synergy Pathways Motorsport joining forces with the Mohites Academy owner of the track, during my last visit in January I tested the track.

 


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Fun  track, fast and technical, featuring 14 different configurations over a length of about 1,2 km.

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We are currently working on developing some innovative activities that are going to empower solidly the India to Italy link set to develop concretely the racing professional career of young Indian talents. Stay tuned…

Internationalisation Italy to India: the effective and efficient way

On Tuesday December 13th, in Lucca – Italy, at the headquarters of Lucca Chartered Accountants and Accounting Expert Association, it has been held a workshop/seminar about the topic “India as an opportunity of international business development to embrace with awareness”. The purpose of the meeting was to raise awareness and dialogue on ways to facilitate and support Italian Small and Medium Enterprises to develop business in India to the benefit of their own growth and the growth of India itself.

The meeting was organised by the Association and in particular stimulated, lead and moderated by Pierpaolo Vannucci, Founder and Business Partner of Vannucci & Associati , a Chartered Accountants and Tax Advisors Firm that is also member to the MGI worldwide network. The International Business Development Organisation Synergy Pathways presented ideas and practices utilised to effectively and efficiently face and embrace the Indian business context from an internationalisation point of view with Sace organisation presented financial and insurance tools that enable such operations.3

Synergy Pathways was represented in Lucca by Riccardo Paterni, co-founder and Project Leader, and Samit Naik live from Mumbai, co-founder and Project Leader himself. It was chosen a workshop format in order to involve at best the audience that concretely demonstrated a keen an focused interest on the subject matter. Valerio Alessandrini, coordinator of Sace Lucca, presented the services that his organisation is actively offering to enable business towards and with Indian companies.10

Synergy Pathways operates in a unique way that enables effective and efficient (in terms of time, focus and finance) development of business development towards India by a business model that enabled by a solid trusted strategic operational bridge Italy-India by the two co-founders: the concrete focus on organisations and markets takes not only a macro and micro strategic approach but, in a way that represents a key relevance, a very operational one on the Indian grounds. Approach that becomes enabled also by the direct involvement of specific specialists within law, accounting and taxation topics managed by trusted, on the ground, sources as the ones belonging to the MGI international network itself.13

Several key aspects surfaced supporting the contents presented through examples and integrating Synergy Pathways’ and Sace’ services as well. Specific market and policies opportunities in India were pointed out as well as the constraints given by complexities surfacing from many sources. Within these complexities it was pointed out that even in terms of demographics dynamic alone, India has reached a key point of development that seeks and needs proper, reciprocally respectful, foreign inputs.

These topics spanned also from business culture ones to the all relevant focus on nurturing relationships and sound business to develop business with a mid to long term view (there are similarities in conducting and negotiating business transactions among the two countries). 15The workshop format enabled many exchanges also with Samit Naik in live connection from Mumbai and set a stage for action items to actually implement debated strategies and operationally phased activities.

For further references to the Internationalisation Development activities:  Synergy Pathways