It's Easy to Adopt a Technology, but Hard to Renew Skills
MANAGEMENT |

It's Easy to Adopt a Technology, but Hard to Renew Skills

70% OF COMPANIES IN A STUDY BY VINCENZO BAGLIERI INVESTED IN DIGITALIZING THEIR PROCESSES, OFTEN WITHOUT INVESTING IN PEOPLE

Digitalization had a dramatic impact on the pulp and paper industry, which mostly applies traditional technological principles. If the raw material production has not radically changed, the last mile of the supply chain, i.e. graphics and communication, has struggled to come to terms with innovation.
 
The Federazione Carta e Grafica, the Italian federation that brings together the trade associations of pulp and paper, printing machines and graphics, a sector worth €24b, asked the SDA Bocconi School of Management to provide information on the conditions for the adoption of digital technologies and demonstrate the best way to implement the Italian Industry 4.0 plan for industrial technological and digital transformation. The Operations and Technology Knowledge Group of SDA Bocconi has therefore built a model to measure the “score 4.0” of a sample of 108 companies in the supply chain. According to the research, which was conducted with the help of JEME students, in the last three years 70% of these companies have invested in digitalization. Yet there is a weakness, Vincenzo Baglieri, director of the project, says. “Many companies have focused on the incentives of the National Industry 4.0 Plan and underestimated the need to redesign their processes and invest in new skills. By doing so, they digitized inefficient processes and did not build the knowhow necessary to innovate on the market. This is like owning a F1 car and driving it like an economy car.”
 
The federation has therefore embarked on a plan to support these companies and is now creating a package of services, in association with SDA Bocconi, to improve processes and skills. The collaboration between companies, customers and suppliers is the process that would benefit most from the use of new technologies. “Industry 4.0 does not mean changing the production, but having control of every phase and extracting data that will eventually improve the process. Data scientists who know how to read, aggregate and interpret data are necessary to achieve this goal. Adopting a technology is easy. Renewing skills is more difficult. This is a historic change that makes the collaboration between industry and university essential.”

Read more about this topic:
How to Survive Changes in Employment, Without the Need for Winners and Losers
Labor Law Needs a Check-Up
Robot Shock and Effects on Elections
Machines Are Now Replacing Creative Work Too
Europe. The Illusion of Advanced Services
Millennials Want More Feedback from Employers
Soon Even Banking Will Be a Sexy Job
An Operations Manager Makes Healthcare More Fluid


by Claudio Todesco

News

All News
  • Quantum Physics and Statistical Physics for Machine Learning Meet at Bocconi

    In the early days of next week the University will virtually host 300 participants of the ELLIS Workshop on Quantum and Physics Based Machine Learning  

  • Two Generations of Bayesian Statisticians Meet at BayesLab Webinars

    The Bocconi research unit on Bayesian statistics will host an online seminar series in which outstanding young researchers will have the opportunity to present their work and get feedback from toplevel senior scholars  

Seminars

  October 2019  
Mon Tue Wed Thu Fri Sat Sun
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      

Seminars      

All Seminars
  • RELAZIONE SULL'ATTIVITA' SVOLTA DALL'ARBITRO BANCARIO FINANZIARIO NEL 2019
    Private law

    COORDINA: PIETRO SIRENA Direttore della Scuola di Giurisprudenza PRESENTANO LA RELAZIONE: MAGDA BIANCO Capo Dipartimento tutela dei clienti ed educazione finanziaria, Banca d’Italia; MARGHERITA CARTECHINI Dipartimento tutela dei clienti ed educazione finanziaria, Banca d’Italia; NE DISCUTONO: FRANCESCO GIAVAZZI Senior Professor dell'Università Bocconi; SABINO CASSESE Giudice emerito della Corte Costituzionale e professore emerito della Scuola Normale Superiore di Pisa. CONCLUDONO: ALESSANDRA PERRAZZELLI Vice direttrice generale della Banca d’Italia; MARCO VENTORUZZO Direttore del Dipartimento di Studi giuridici

    Webinar

  • Estimating the impact of Airbnb on the local economy: Evidence from the restaurant industry

    DAVIDE PROSERPIO, USC

    Webinar