HBR On Strategy

Sustainability Is Fueling Innovation at Ferrari

11 snips
Jun 11, 2025
Benedetto Vigna, CEO of Ferrari and physicist, and Harvard Business School professor Raffaella Sadun dive into Ferrari's bold push for carbon neutrality by 2030. They discuss how the company is blending traditional luxury with innovative sustainability, energizing both investors and employees. Vigna elaborates on collaborating with suppliers, addressing their concerns about the shift towards electric vehicles. The duo also highlights the unique corporate culture that fosters community, urging that sustainability is not just a goal but a catalyst for innovation.
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ANECDOTE

Passion and Harmony at Ferrari Plant

  • Raffaella Sadun describes her visit to the Ferrari plant as exciting and full of passion and engagement.
  • She notes the workplace harmony and seamless teamwork on the production floor as rare and impressive.
INSIGHT

Science Meets Empowerment in Leadership

  • Ferrari's CEO Benedetto Vigna combines scientific focus with empowering leadership.
  • He personally engages both management and shop floor workers to foster innovation and respect.
INSIGHT

Ferrari's Luxury Brand Focus

  • Ferrari defines itself as a luxury company, not just an automotive one, focused on emotional experiences.
  • Their four trends: personalization, emotional experience, sustainability, and cultural relevance.
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