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Vitaliano Fiorillo

The goal of this course is to understand the challenges and opportunities of agribusiness nowadays. From farms to retailers, from input providers to traders, all the diverse players of this value chain interact a complex business environment in which nature, policy, technology and management strategies have to be considered to overcome future challenges and seize upcoming opportunities.

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The goal of this course is to understand the challenges and opportunities of agribusiness nowadays. From farms to retailers, from input providers to traders, all the diverse players of this value chain interact a complex business environment in which nature, policy, technology and management strategies have to be considered to overcome future challenges and seize upcoming opportunities.

To understand such complexity we will take Italy as a large, open-air lab in which all major phenomena and business dynamics influencing agribusiness worldwide coexist and clearly show their effects. History, heritage and tradition, technology and innovation, brilliant farmers and multinational companies, all in a constrained, diverse physical and business landscape, Italy is the perfect sampling area for agribusiness.

In our learning experience we will benefit from the knowledge and experience of different Bocconi University Professors and several CEOs and top executives who are re-shaping agribusiness concepts.

Course Syllabus:

Week 1: Heritage and Excellence in Italian Agriculture

Week 2: Challenges of the Global Agro-System

Week 3: Innovation in Agribusiness

Week 4: Developing new business concepts

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Syllabus

Challenges of the Global Agro-System
The week focuses its attention on the challenges of the global agro-system. Population growth, income growth, transition of emergent economies toward a high-calorie diet: all these levers increase the demand for food. At the same time, climate change and its consequences threaten the production of sufficient food to feed the world. Another theme investigated during the first week is the process of commoditization that characterizes agricultural products. Firstly, distinctive aspects of commodities are analysed. At a later stage, the impact of industrialization and economy of services on price transmission along the agro-food value chain is discussed.
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Global Agribusiness
The second week gives an overview of actual agribusiness competitive dynamics focusing on the role and features of each player of the supply chain. Then, the five largest agricultural systems in the world are examined (Europe, US, Brazil, China and India). Each agricultural system is explained going through its history, evolution and main features in terms of typical productions, commercial relations, trends and dynamics that will affect it in the years to come. The final part of the week deepens the Italian agricultural system. The conditions, skills and competences that have allowed Italy to become the first country in the world in terms of quality agri-food products are discussed and summarized.
Sustainability in Agribusiness
The third week is about sustainability in agriculture. Sustainable agriculture contributes to all four pillars of food security (availability, access, utilization and stability) and to the three dimensions of sustainability: environmental, social and economic. In the first part of the week, the focus is on sustainable practices and techniques such as crop rotation, organic farming and integrated pest management. Then, the role of farms as actors that enhance ecosystem services is deepened. Later, the multiple benefits of cooperation and aggregation from small-scale farmers point of view are discussed.
Innovation in Agribusiness
The fourth week deals with innovation in the agribusiness industry. The basics in the discipline of Innovation Management are provided, such as the difference between innovation and invention and the ingredients for a successful innovation process. Later, the focus shifts on the growing importance of services for companies and the concept of “servicization” is explained. Then, the agrifood industry main innovation trajectories (i.e. vertical farming, biotechnologies, digitalization and big data, satellites) are analysed through a series of interviews with industry players that represent the above mentioned trends.
FINAL PROJECT

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Examines the business implications of agribusiness worldwide
Taught by a team of experts from Bocconi University and industry leaders
Offers case studies and examples from the Italian agricultural industry
Involves real-world learning through interviews with industry players
Suitable for learners with a background in business or agriculture

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Reviews summary

Well-received agribusiness course

Learners largely positive about Challenges of Agribusiness Management, saying it is a helpful introduction for individuals new to the industry. Informative, insightful, and comprehensive, this course covers key concepts such as global challenges, supply chain issues, and agribusiness management. Students praise the course for its helpful weekly tests, practical examples, and discussion forums. Overall, students say this course is an excellent starting point for anyone interested in a career in agribusiness.
Encourages student collaboration.
"I have found this course really interesting even if I studied a lot as regards Agribusiness Management during the university period. I just wish it was possible to improve the discussion and the collaboration between peers in the future."
Engaging instructors.
"The course is awesome. The video tutorial and weekly test is very effective."
"Learning this course was made easy by the lecturers. "
Includes real-world examples.
"VERY INTERESTING AND USEFUL "
"It's give me a ton of new insight"
"Excellent course every agriculture student must study.It will help me in a future lot."
Organized and easy to follow.
"well done and comprehensive"
"very insightful and easily understandable"
"Excellent and very well explained Course"
Provides valuable insights.
"Very useful "
"very insightful"
"overall very good"
"Informative course "
"excellent and easily understandable"
Well-received by students.
"good"
"succinct!"
"Top-notch"
"comfortable"
"¡I loved it!!"
"really insightful"
"content of the course is very elaborate and enriching."
Assignment review system could be improved.
"i don't like the assignment review system by peers/students of the course , where no one do it properly and no one review on time to our submitted assignment."
Some topics may lack depth.
"I have experience in related topics of this course, and I wanted to update my knowledge, but sometimes I saw some topics don't contain the necessary deep."

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Challenges of Agribusiness Management with these activities:
Review: Food and Agriculture in Italy
Sharpen your understanding of the history and underlying fundamentals of Italian agribusiness, providing a solid foundation for the course.
Show steps
  • Read the introduction and first chapter of the book.
  • Pay special attention to the historical development of the Italian agricultural sector.
  • Take notes on the key challenges and opportunities facing Italian agriculture today.
Organize and review your notes, assignments, quizzes, and exams from the course.
Improve your retention of the course material and prepare for assessments.
Show steps
  • Gather all of your notes, assignments, quizzes, and exams from the course.
  • Organize the materials into a logical order.
  • Review the materials regularly to reinforce your understanding of the course content.
Write a blog post summarizing the key challenges and opportunities facing the global agro-system.
Solidify your understanding of the complex global agro-system and improve your communication skills.
Show steps
  • Research the key challenges and opportunities facing the global agro-system.
  • Organize your research into a logical outline.
  • Write a clear and concise summary of your findings.
  • Proofread and edit your blog post before publishing it.
Five other activities
Expand to see all activities and additional details
Show all eight activities
Solve practice problems on key agribusiness concepts such as supply chain management and financial analysis.
Enhance your problem-solving abilities and reinforce your understanding of fundamental agribusiness concepts.
Browse courses on Supply Chain Management
Show steps
  • Review the course materials on supply chain management and financial analysis.
  • Find practice problems online or in textbooks.
  • Solve the practice problems and check your answers.
Follow online tutorials on emerging technologies in agribusiness such as precision farming and data analytics.
Stay up-to-date with the latest technological trends in agribusiness and enhance your technical skills.
Show steps
  • Identify online tutorials on emerging technologies in agribusiness.
  • Follow the tutorials and take notes on the key concepts.
  • Apply the concepts learned from the tutorials to your own projects or research.
Develop a business plan for a new agricultural product or service.
Apply the principles of agribusiness management to a real-world project, enhancing your entrepreneurial skills.
Show steps
  • Identify a market opportunity for a new agricultural product or service.
  • Conduct market research to understand the target market.
  • Develop a prototype of your product or service.
  • Create a marketing and sales plan.
  • Write a business plan outlining your financial projections and growth strategy.
Attend industry events and conferences related to agribusiness.
Connect with professionals in the agribusiness industry and gain valuable insights and career advice.
Show steps
  • Identify industry events and conferences related to agribusiness.
  • Register for the events and plan your attendance.
  • Attend the events and actively engage with professionals in the field.
  • Follow up with the professionals you met after the events.
Contribute to open source projects related to agribusiness.
Enhance your problem-solving skills, collaborate with others, and make a meaningful contribution to the agribusiness community.
Browse courses on Open Source
Show steps
  • Identify open source projects related to agribusiness.
  • Review the project documentation and identify areas where you can contribute.
  • Submit your contributions to the project.
  • Collaborate with other contributors to improve the project.

Career center

Learners who complete Challenges of Agribusiness Management will develop knowledge and skills that may be useful to these careers:
Research Scientist
Research Scientists conduct research to develop new products and technologies. This course might be helpful to someone in this field. This course delves into the challenges and opportunities of innovation in agribusiness. This course can equip you with the tools needed to be a more successful researcher.
Sustainability Manager
Sustainability Managers develop and implement sustainability strategies for organizations. This course may be useful to someone in this field. This course delves into the challenges and opportunities of sustainability in agribusiness. This course will equip you with the knowledge needed to be a successful Sustainability Manager.
Farm Sustainability Officer
Farm Sustainability Officers help to improve the sustainability of agricultural practices. This course may be useful to someone in this field. This course delves into the challenges and opportunities of sustainability in agribusiness. This course can help you to make your farm more sustainable.
International Agricultural Development Officer
International Agricultural Development Officers work to improve agricultural practices in developing countries. This course may be useful to someone in this field. This course provides an overview of the challenges facing the global agro-system. This course can help you gain a better understanding of the importance of agricultural development.
Supply Chain Manager
Supply Chain Managers oversee the flow of goods from suppliers to customers. This course may be useful to someone in this field. This course focuses on the challenges facing the global agro-system. This course can help you to understand the supply chains and value chains common to agribusiness.
Market Research Analyst
Market Research Analysts collect and analyze data on consumer behavior. This course may be useful to someone in this field. This course focuses on the challenges and opportunities of agribusiness. This course can help you to develop the skills needed to be a successful Market Research Analyst in the agricultural industry.
Commodity Trader
Commodity Traders buy, sell, and transport agricultural commodities, such as wheat, corn, and soybeans. This course may be useful to someone in this field. This course focuses on the challenges and opportunities of the global agro-system. This course can help you to understand the complex business environment that Commodity Traders operate in.
Policy Analyst
Policy Analysts develop and evaluate public policy. This course may be useful to someone in this field. This course gives an overview of the challenges facing the global agro-system. This course can help you to better understand the challenges involved in making agricultural policy.
Food Scientist
Food Scientists develop, test, and evaluate new food products. This course may be useful to someone in this field. This course focuses on innovation in agribusiness. This course can help you to understand the latest trends in food science and product development.
Venture Capitalist
Venture Capitalists invest in new businesses and startups. This course may be useful to someone in this field. This course focuses on innovation in agribusiness. This course can help you to understand the investment landscape in the agricultural industry.
Professor
Professors teach and conduct research at universities and other educational institutions. This course may be useful to someone in this field. This course provides a comprehensive overview of the challenges facing agribusiness. This course can help you to stay up-to-date with the latest research in the field.
Farm Manager
Farm Managers plan, organize, and oversee agricultural operations on a farm or ranch. This course might be helpful to someone in this field. It will provide you with a good understanding of the challenges facing the global agricultural system. This course can help you to become a better Farm Manager.
Agribusiness Consultant
Agribusiness Consultants work with businesses to help improve their operations, make strategic decisions, and grow their business. This course may be useful to someone in this field. This course provides an in-depth overview of the agribusiness industry, from farms to the retail level. This course can help you become a stronger consultant.
Agricultural Policy Analyst
Agricultural Policy Analysts typically have broad knowledge of agricultural economics and rural sociology. This course might be helpful to someone in this field. This course will delve into the challenges and opportunities of agribusiness, both in Italy and on a global scale. This course is well-suited for someone that wants to succeed in this role.
Agricultural Economist
Agricultural Economists typically have a solid grounding in economics, econometrics, and statistics. This course may be useful to someone in this field. It will provide you with a broad background in the challenges facing agribusiness, as well as strategies for overcoming them. This course is ideal for those that want to understand more about the business of agriculture.

Reading list

We've selected 11 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Challenges of Agribusiness Management.
This textbook provides a comprehensive overview of the global agribusiness industry, covering topics such as the challenges of the global agro-system, innovation in agribusiness, and sustainability in agribusiness. It provides students and professionals with a broad grounding in the topic, and is especially valuable for its global focus.
Provides a critical examination of the food industry, covering topics such as food safety, the environment, and the role of government. It challenges existing practices and encourages readers to think critically about where the food we eat comes from and how it is produced and consumed.
A comprehensive resource on the principles and practices of sustainable agriculture globally, providing a broader perspective on the course's focus on sustainability in the sector.
Provides a case study approach to smart agriculture, covering topics such as data analytics, precision farming, and IoT. It provides practical insights into how smart agriculture technologies are being used to improve the efficiency and productivity of agricultural systems.
An in-depth analysis of the economics of agricultural development, offering insights into the global agro-food system and its impact on developing economies.
A classic work on innovation and disruption, providing valuable insights into the course's discussion on innovation in the agribusiness industry.
A practical guide to implementing lean principles in entrepreneurship, enhancing the course's emphasis on developing new business concepts and fostering innovation.
A comprehensive resource on agricultural marketing strategies and techniques, enhancing understanding of the course's emphasis on developing new business concepts.
A reference guide providing clear definitions and explanations of key concepts in sustainable agriculture, enhancing understanding of the course's sustainability module.
A concise overview of food policy and its impact on the food system, providing a foundation for the course's exploration of challenges and opportunities in agribusiness management.

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