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In late 2023, when the management team at the consumer packaged goods company Reckitt considered adopting gen AI, potential use cases spanned the business—from drafting presentations to delivering customer support to optimizing procurement contracts. Many of the use cases guaranteed time savings and an immediate return on investment, but they ap…
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Over the past years profound changes in the public sentiment and policy environment suggest the beginning of a new era with reversal attitudes towards globalization. Deglobalization which is commonly defined as the process of decreasing interdependence among nations has recently become the focus of scholarly attention with particular interest on…
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Business model innovation (BMI) is critical for firms’ long-term survival under environmental dynamism and depends heavily on CEOs’ cognition. While Socioemotional Wealth (SEW) explains why family CEOs may resist or engage in BMI, it largely assumes homogeneous responses under similar environmental conditions. Upper echelons theory (UET), in tur…
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Few organizational phenomena have been acted upon as quickly—or understood as unevenly—as diversity, equity, and inclusion (DEI). Over the past decade, DEI—which encompasses the workplace practices and policies aimed at promoting diverse representation, ensuring fair and just treatment, and making employees feel valued and included—has experienc…
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Multi-stage stochastic optimization is a well-known quantitative tool applied in a wide variety of decision-making problems. In this article, we focus on generalized flood risk management problems with Fréchet distributions used to describe the uncertainty. Theoretical solutions of such problems can be found explicitly only in exceptional cases …
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Relentless digital transformation is reshaping firm competitiveness, presenting both challenges and opportunities. This is especially true for multigenerational family firms, where complex intergenerational dynamics intensify the impact of transformation. This study builds upon a qualitative, empirical, and interdisciplinary research project tha…
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Indigenous community enterprises (ICEs) face intensifying civic threats, yet how they collectively interpret these threats drawing on religious principles remains theoretically underdeveloped. Drawing on an in-depth ethnographic study of one of the oldest and most traditional apiaries in the world, the UNESCO-recognized Inzerki cooperative in ru…
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The world’s attention is fixed on frontier artificial intelligence (AI) models, but China’s robot-making factories deserve just as much attention. Chinese e-commerce company JD.com has predicted that robots would ultimately replace its 700,000 delivery workers, while workers at South Korean carmaker Hyundai are threatening strike action over iss…
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Every executive eventually hits a moment of truth. A new project, a bold expansion, a promising acquisition, and suddenly the hard questions are right in front of you: Will this venture be profitable? Will it generate cash flow? How much capital will it demand? And ultimately, will it create value for shareholders or destroy it? If you can answe…
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