This article examines the question of change and the role which leaders have to play in this process. In a turbulent world with increasing competition, leaders are expected to continually initiate and adjust to change. While this view is partly true it is incomplete and even dangerous. Change...

The research here proposed is a micro-analysis of a business ending in bankruptcy in the aftermaths of the first oil shock, concerning the Italian subsidiary of a German wareenamelling group established in the town of Bassano in 1925. Following the budget reports and the interviews with the...