Paola Palmesano

#Duediligence Alert: The Italian Competition Authority (AGCM) has fined #GiorgioArmani SpA and GA Operations SpA €3.5 million for misleading ethical and social responsibility statements that didn't reflect the actual working conditions at suppliers and subcontractors to whom production had been outsourced. This follows the #Dior case a few months ago. The AGCM cited declarations in the Armani Code of Ethics, the Armani Values website (www.armanivalues.com) and the Armani website (www.Armani.com). Giorgio Armani SpA responded with surprise and plans to challenge the decision in the Regional Administrative Court (TAR), stating that they have always operated in fairness and transparency. This is the latest in the growing list of cases brought by competition authorities in France and Italy against companies whose #humanrights and #environmental claims are vague, unsubstantiated or false. It's important to note that the crux of the matter in each case was the failure to conduct due diligence, including the tracing and verification of production sites and standards. EU due diligence laws may be in flux, but prosecutors and competition authorities are reminding us that the risks to consumers, investors, companies and stakeholders are real. What should companies do now? Doubling down on announced audits of known suppliers will achieve nothing. This is not about the knowns, it's about the unknowns, the risks of subcontracting, of price-driven corner-cutting. Companies need to ask themselves how they may be causing or contributing to supplier attempts to evade labour laws, collective agreements, taxes and social security contributions. In short, companies need better risk identification, then they can target their audits. Michael Posner Dorothee Baumann-Pauly Justine Nolan Markus Löning Christine Kim Equiception Business and Human Rights Simone Cipriani Matteo Ward Ken Pucker

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🌐 In today’s hyperconnected world, inertia is a greater risk than disruption.   📗 In “Market Strategies in a Hyper-Connected World” (EgeaEditore, 2025), Alessandro Arbore argues that strategy must become a living process—constantly evolving, rarely fixed. The core lesson? Success lies in dynamic adaptation, not static plans.   What does this mean in practice?   👉​ Leaders must decide when to initiate change, when to join existing movements, and when to co-evolve, aligning boldness with defensibility. (Egea Online)   👉​ Marketing must reclaim its place as a strategic engine, not a downstream function. It’s no longer enough to execute plans—you must lead experiments, interpret signals, and shift course when data and intuition demand.   👉​ AI is a powerful ally—but one that must be steered. In marketing, generative AI should augment human insight, not replace it; success depends on preserving judgment, reputation, and tacit knowledge.   Arbore calls for new mindsets in leadership, marketing, and innovation. The environments we compete in are no longer linear or predictable.   📌 Only organizations that embed learning, agility, and “abductive” thinking (a way of reasoning that starts from incomplete or ambiguous information and generates the most plausible hypothesis to explain it) into their core will thrive.   👉 For those who lead, market, or design strategy in any capacity, this book can be a strategic guide to staying relevant when change is the only constant.   Discover more on SDA Bocconi insight: https://lnkd.in/dS53QqG3

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We’re happy to announce that an exceptional group of mentors will be joining INNOVIT this September to guide a hand-picked cohort of Italian SMEs through an intensive acceleration program! These seasoned mentors – experts drawn from Silicon Valley’s tech industry, venture capital community, and academia – will be working side by side with our founders, sharing their insights and experience. From September 1 2025, the selected Italian SMEs will be immersed in Silicon Valley’s innovation ecosystem at INNOVIT, with daily mentorship sessions, workshops, and insider exposure to the local tech scene. Each mentor has been carefully selected for their track record and passion for innovation. They will help our entrepreneurs refine their strategies, navigate new markets, and accelerate their growth, covering topics ranging from venture capital and marketing to advanced technologies and intellectual property.   This week-long program is promoted in collaboration with Intesa Sanpaolo, one of Europe’s leading banks, underscoring a powerful transatlantic partnership in support of innovation. We can’t wait to see Italian creativity meet Silicon Valley expertise under one roof. Stay tuned for more updates as we gear up for an incredible week of learning, networking, and cross-border innovation! #ItalianInnovation #INNOVIT #SiliconValley #InnovationEcosystem #IntesaSanpaolo #ImpreseVincenti -- Chris Bush, Almong Goldstein, Alex Dang, Sean Randolph, Alessandro Ratti, Sebastiano Peluso, Giosafat Rigano', Barbara De Salvo, Jeff Cabili, Pierluca D'Oro, David Kaufman, Matteo Daste, Gregory LaBlanc, Paolo Privitera, Gret Christen, Olaf J Groth, PhD, Marco Pavone, Enrica D'Ettorre, Roberto Tagliabue, Cosimo Spera, Massimiliano G., Giuseppe Barbalinardo, PhD, Pancrazio Auteri, Giuliano Iacobelli, Alberto Salleo, Mansur Maturidi Arief, Filippo Amoroso, CPA, Anna Sala

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