By Yer USA

Cultural differences could impact the workplace. Understanding your own cultural strengths and weaknesses can positively improve collaboration among diverse teams.

The strengths of Italians at work:

Creative problem solving: Italians are creative by nature. They are excellent in providing solutions especially when there is no process or procedure in place!

Work & Play: Italians work long hours. They are committed employees and generally care about their workplace. Italians nature encourages personal relationships and exchange. Coffee breaks are frequent, and they are almost never taken alone because they are about enjoying an espresso while exchanging few words or jokes with coworkers.

Sense of the Aesthetic: Italians have a great sense of beauty. It might be ingrained in their DNA. They produced some of the most important artists of all times.

Interpersonal skills: Italian culture is relationships-based. Trust is earned slowly. A referral can make a world of difference when starting a new business relationship.

The weaknesses of Italians at work:

“Italians have weaknesses?” asked a client when I told him about my new article.

“Should I put conceited under strengths?”, I replied with a smirk. No further comment needed!

Discipline: Italians tend to lack structure. It is not uncommon to prepare an agenda for a meeting and end up discussing other topics. They have visions and ideas, but they may get lost during execution.

Bluntness: Italians can be confrontational and openly criticize others. They do it with good intentions, though. To them directness is a synonym of honesty and transparency. However, others may perceive their bluntness as rudeness.

Decision-making: Italians are slow decision-makers. During a meeting everyone is encouraged to express an opinion but after an animated discussions there is only one person that makes the final decisions. This is because Italian society is still hierarchical.

Ivana Lodovici is an international headhunter, interviewing coach, resume writer, and cross-cultural recruiting consultant. 

Contact her at ivanalodovici@yer.com to engage her in a search or book a speaking engagement.

By Silvestri International Corp

Effective January 1, 2024, the Corporate Transparency Act (CTA) will require companies formed through document filings with the relevant Secretary of State or registered according to foreign state regulations, operating in the USA, and not falling under any of the 5 exempt categories (Reporting Company), must submit “Beneficial Ownership Information” (BOI) to the Financial Crimes Enforcement Network (FinCEN), a division of the Department of the Treasury. This data comprises the names, dates of birth, residences or business addresses, and copies of identification documents for the beneficial owners of the Reporting Company.

The CTA defines a beneficial owner as any individual who, either directly or indirectly, through contracts, agreements, or other relationships, holds substantial control over the company or owns/controls a minimum of 25% of its corporate shares. Substantial control over a Reporting Company is deemed to be exercised by any individual who:

• Holds a senior officer position;
• Has the power to appoint or remove an officer or the majority of the Board of Directors;
• Has decision-making powers over significant business activities;
• Exercises any other form of substantial control.

Companies established before January 1, 2024, are required to file a Beneficial Ownership Information (BOI) report by January 1, 2025. For those formed during the calendar year 2024, the report can be submitted within 90 days of their formation and registration. Starting January 1, 2025, new companies must file the BOI report within 30 days of their establishment.

While we understand the objective of promoting financial transparency, it is crucial to emphasize that this new regulation differs significantly from the BE-12 Benchmark Survey requested for statistical purposes in the year 2023. The distinctions go beyond the required information, the recipient entity, and the scope, encompassing applicable sanctions as well.

Failure to report or the submission of false information may result in civil penalties of up to $500 per day or criminal penalties, including imprisonment for up to two years and a fine of up to $10,000, imposed on the senior officers of non-compliant companies.

Attorney Bartolomeo Pizzoli

By Pininfarina of America

Pininfarina of America, subsidiary of the iconic design firm, celebrated its 10th anniversary with a special event held in Miami. The celebration took place on December 8th, during the weekend of Art Basel, at the prestigious The Concours Club – an exclusive members-only automotive country club in Opa-Locka. Significantly, the Club’s Events Center, set to open early in 2024 has been designed by Pininfarina itself. In addition to showcasing its innovative design collaborations, through images and activations during the event, many iconic cars designed by the brand, have been display during the occasion.

In the past decade, Pininfarina of America has partnered with major brands such as Coca-Cola, GE, Lenovo, The Related Group, Cisco, and 200 others, designing top-line products, architectural projects and groundbreaking design ideas that have received major award recognitions, such as, the International Architecture Award, Fast Company, Red Dot Design Awards, and many more.

Pininfarina of America’s rapid growth has been fueled by the loyalty of its clients, with nearly two-thirds becoming recurring customers. This focus on client satisfaction has led to consistent growth in the company’s business, which has seen double-digit increases for five consecutive years, including becoming the number one Italian signature in the world for number of branded residences.

Headquartered in Miami with a satellite office in New York City, and with clients scattered across north and south America, Pininfarina of America’s multi-faceted client offering includes architecture and interior design, industrial and product design, nautical, transportation, UX and UI, and more.

Pininfarina of America is also dedicated to sustainability and actively contributes to its local communities and industries through a range of ESG initiatives in both Miami and New York City. The company is also focused on the well-being of its employees and has received the prestigious Great Place to Work® certification for the past three consecutive years.

Follow this link to view the 10 years celebratory video of Pininfarina of America: www.youtube.com

By Frascione Gallery

Frascione Gallery, an esteemed gallery in Florence, Italy, is embarking on its expansion into the United States with the launch of its second gallery set to grace the prestigious Worth Avenue in Palm Beach. 

Frascione Gallery is renowned for Old Master masterpieces and will now also offer art aficionados a curated selection of Modern and Contemporary art.

Nestled in the Via Amore courtyard, the new Frascione gallery epitomizes European sophistication and elegance, reminiscent of its Florence counterpart situated on the historic Via Maggio. The gallery’s address is 256 Worth Ave. Via Amore, Suite O, Palm Beach, FL 33480, and more information can be found at Frascione.com.

Federico Gandolfi Vannini, the fourth-generation owner, along with his wife Daisy Diaz, Frascione’s cultural director, are dedicated to seamlessly integrating museum-quality works in today’s interiors.

“Art is timeless,” comments Gandolfi Vannini. “While we continue to collaborate with museums and traditional collectors, we are excited to showcase works by the great Old Masters beyond museum walls and investment portfolios, alongside 20th and 21st-century art, which speaks volumes to the contemporary mindset. It reframes art history while offering a fresh perspective on collecting art.”

Details about the opening exhibition and the gallery’s inaugural debut at the Palm Beach Show – AKA the Palm Beach Jewelry, Art & Antique Show from 

February 15 to 20, 2024, at Booth 400/501, will be unveiled in the next two weeks.

About Frascione Gallery

Frascione Gallery, founded in 1893 by Enrico Frascione, specializes in European paintings from the 14th to 17th century, with a focus on the Renaissance. 

the gallery debuts Frascione Palm Beach in February 2024, harmonizing Old Master paintings with modern and contemporary art. 

Offering tailored consultations, it collaborates with art historians and contributes to academic publications. Frascione serves a global clientele, solidifying its status as a beacon of artistic excellence.