An integrated approach to Corporate Control during an "exceptional" Crisis Period. The Farnese Group case

Author/s Barbara Iannone, Carlo Piretti
Publishing Year 2021 Issue 2021/1 Language Italian
Pages 24 P. 81-104 File size 384 KB
DOI 10.3280/MACO2021-001005
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This paper explores how an unexpected systemic crisis, such as Covid-19, can cause a radical change in the surrounding environment by driving drastic choices and decisions, thereby drastically modifying the ordinary, pre-crisis operative cycle. We undertook a qualitative analysis of, among others, a Group operating in the wine sector under the Made in Italy flag. By analyzing the information subsys-tem, we acquired knowledge that helped us understand the management subsys-tem. The latter has various functions, one of which is to help disseminate newly generated knowledge. Furthermore, it helps resolve difficulties and extends beyond these. Our goal was two-fold: to investigate the possibility of creating a symbiotic, synergic integration between the two subsystems that react to changes and to focus on the changes that occurred in the context of the corporate control activities.

Keywords: Control, Covid-19, crisis, human resources, intangibles

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  • Pandemia e sistema di budgeting: quali effetti sulla figura del controller? Ilenia Ascani, Marco Gatti, Maria Serena Chiucchi, in MANAGEMENT CONTROL 3/2021 pp.65
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Barbara Iannone, Carlo Piretti, L’approccio integrato al controllo aziendale in un periodo di crisi "eccezionale". Il caso del Gruppo Farnese in "MANAGEMENT CONTROL" 1/2021, pp 81-104, DOI: 10.3280/MACO2021-001005