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(a) Identify the specific type of organizational structure that has been adopted by Brunello Cucinelli (around...

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Psychology

(a) Identify the specific type of organizational structure thathas been adopted by Brunello Cucinelli (around 2018-19). Explainthe company’s operational strategy.
(Max. 200 words
(b) The company is headed by three Co-CEOs: Cucinelli, Lisandroniand Stefanelli. Given that Brunello Cucinelli is a big fashionbrand, do you see any problems or challenges with having threeco-CEOs? How does the company manage to excel with such anunconventional leadership team?
(Max. 200 words

Answer & Explanation Solved by verified expert
3.7 Ratings (529 Votes)
a An entire business model has failed in the past centring around the financial crisis of 2008 Questions were raised on ethical business practices and the concept of greed is good Personal interests rather than stakeholders and societys wellbeing was wrongly being focused upon by the companies In such a situation a familial business model was pinpointed as successful This relates to the Italian luxury fashion company Brunello Cucinelli The companys operational strategy showcased that a business can survive odds comprising    See Answer
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