News from Venice - INSOL Europe
Luca Cordero di Montezemolo, Chairman of Ferrari, today graphically described the strengths of Italian industry in terms of its people and their passion. Likening a Ferrari to a beautiful woman, he also said that German cars are great - like a freezer - good, efficient engineering! In a keynote address celebrating INSOL Europe's 30th anniversary, he noted that Ferrari had undergone a variety of restructurings in the 60 years since it first won the British Grand Prix at Silverstone, as it did again in 2011. Clearly proud of his company's European Workplace of the Year award in 2007, he emphasised the need for innovation and communication in restructuring.
Chris Laughton is a Partner at Mercer & Hole and President of INSOL Europe.
Date: 23rd September, 2011
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