Italy
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Heinz, A. (2014). Italian business culture. Retrieved February 11, 2017, from http://businessculture.org/southern-europe/business-culture-in-italy/#ibc
Italy is surrounded by the Mediterranean and was a focal point of Europe during the Roman Empire. Through its cultures, Italy has witnessed many civilizations passing through it and due to this the citizens of Italy have established a friendly relationship with tourist making it easy for people to operate and establish business in Italy. The Italian business cultures are considered to be one of the most interactive markets where people bargaining talk as if they have been friends for a long time even though they just met. The Italian business culture is also formed around family which promotes the value of unity and progress of the community.
The northern part of Italy is the main driver of the economy with various factories being situated in the north. The main factories in Italy are, food processing hence Italian pasts, machinery and iron tools. The south of Italy is however less developed and depends on small enterprises.
Tavanti, M. (2012). The cultural dimensions of Italian leadership: Power distance, uncertainty avoidance and masculinity from an American perspective. Leadership, 10. doi:DOI: 10.1177/1742715012441876
The Italian culture has been exported to other counters by the Italians where they still practice the same beliefs. Through this, Italian business leaders are perceived to be stereotypes and authoritative which leads to the rest of the world wanting to be associated less with Italian business eaders.in organizations, the Italian leader is guided by three basic principles, distance, and uncertainty and masculinity. This helps informing relationship with the employees where the employees are working to validate themselves to the firm's management.
The Italian culture is close to the Roman Catholic Church which practices the use of power from a distance and this has contributed to the type of culture that is present in Italian organizations. Italian culture also tolerates various values while factoring uneven distributions of power stemming from the churches leadership methods. Italian leaders use the democratic culture in a more crafty way in their organizations to spearhead their goals and also grow the organization in the direction that they prefer.
Rugierri, R., Pozzi, M., & Ripamonti, S. (2014). Italian Family Business Cultures Involved in the Generational Change. Retrieved February 11, 2017, from http://ejop.psychopen.eu/article/view/625/html#r23
The family business structure has the business and the culture being entwined together through culture to create a bond between business and the family having them overlapping when it comes to management of the firm. more and more business are family business and through this they are creating employment at a higher rate compared to other firms while accounting for a significant mummer of firms which are considered to be strong in the economies that they operate in. with most business having to undergo a generation change as the post-world war generation hand over the management to the baby boomers generation, it is important to analyze the relationship and significance of this to the Italian culture. Through a record of operations, the firm is able to teach the young generations to make decisions which ensure that the business remains in the family.
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Hawkins, C. V. (2016, December 01). Italy's referendum has the potential to set off a global landslide. Retrieved February 10, 2017, from http://www.businessinsider.com/italys-referendum-and-the-risk-of-a-global-economic-shock-2016-12
The populist regime is catching up with the Italian culture where more people are interested in making Italy self-reliant and they see the disintegration of the European union occurring I the near future and hence are looking for leaders who will help them be able to cross that bridge when the times comes. The rigid culture that Italians were associated with has shown to be shifting and this shift has led to the country having to come up with better policies and being flexible enough to be able to adapt to change. The exit of the United Kingdom from the European Union has seen the longevity of the European Union being put to question. Italy being one of the founding members has also shown signs of exiting the union to protect it resources and its citizen's interests.
The Italian culture as also witnessed a swift change from people who believe in one party to people who are swayed by ideals and hence their loyalty can be swayed based on the person who shows that they have the right ideals and they have the will to execute them. The Italian prime minister stepped down after the no team I the referendum won leading to the demand of new caliber of leaders being put in place. Although they cannot be compared with the current United States president, it is accurate to establish that Italians are looking for a leader who as the same ideals as President Trump.
Thies, W. D. (2016, December 30). Financial Times. Retrieved February 10, 2017, from https://www.ft.com/content/cae67690-cd19-11e6-b8ce-b9c03770f8b1
Italy's economy is one of the economies with the highest cost when it comes to operations and this makes its exports to be expensive. The economy is further complicated by the fact that it is services oriented rather production oriented making it hard to help the country increase its export through an increase in production which will lead to reduced scale of economies. With the population of Italy being made up by the elderly more, this presents a problem as they are the majority of people who are in charge of policy making and also making investments decisions. Due to their old age, they do not want to take risks and invest in industries they have succeeded in. This complicates the matter as the county is trying to be more economically dynamic with both services and manufacturing plants.
References
Hawkins, C. V. (2016, December 01). Italy's referendum has the potential to set off a global landslide. Retrieved February 10, 2017, from http://www.businessinsider.com/italys-referendum-and-the-risk-of-a-global-economic-shock-2016-12
Mesco, M., & Ball, D. (2016, November 29). Italy: The Next Stop on Populism’s Global March. Retrieved February 11, 2017, from https://www.wsj.com/articles/italy-the-next-stop-on-populisms-global-march-1480436049
Heinz, A. (2014). Italian business culture. Retrieved February 11, 2017, from http://businessculture.org/southern-europe/business-culture-in-italy/#ibc
Rugierri, R., Pozzi, M., & Ripamonti, S. (2014). Italian Family Business Cultures Involved in the Generational Change. Retrieved February 11, 2017, from http://ejop.psychopen.eu/article/view/625/html#r23
Thies, W. D. (2016, December 30). Financial Times. Retrieved February 10, 2017, from https://www.ft.com/content/cae67690-cd19-11e6-b8ce-b9c03770f8b1
Tavanti, M. (2012). The cultural dimensions of Italian leadership: Power distance, uncertainty avoidance and masculinity from an American perspective. Leadership, 10. doi:DOI: 10.1177/1742715012441876
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