For decades, the concept of expatriate adjustment has centered on the traditional long-term assignment: a 3-to-5-year relocation to another country, often with family in tow. Researchers and practitioners alike have focused on how well expatriates adapt to the host country’s culture, their new workplace, and daily life abroad. But in today’s world of global work,…

In an era marked by trade tensions, disruptive technologies and shifting global priorities, the ability to adapt quickly can be a decisive advantage. As businesses grapple with ever-changing conditions, one approach deserves special attention: optionality. Popularized by Nassim Nicholas Taleb–former Wall Street trader, scholar and author of The Black Swan and Antifragile–optionality entails keeping multiple…

Guest contributor: Tarek el Sehity Tarek el Sehity is a researcher and lecturer at Sigmund Freud University in Vienna. As Viktor Frankl wisely observed, “Life is never made unbearable by circumstances, but only by lack of meaning and purpose.” This insight holds particular relevance for family-owned businesses, underscoring the critical importance of a shared purpose…

In response to intensifying geopolitical challenges, rising global competition, and the imperative of decarbonization, the European Union (EU) has launched the Clean Industrial Deal. This initiative represents a transformative policy framework designed to bolster Europe's industrial competitiveness while ensuring sustainability and resilience. The Clean Industrial Deal recognizes that decarbonization is not merely an environmental necessity…