Business in Uncertainty

This book, a special publication in the Series, is a comprehensive exploration of business adaptation and evolution in times of global uncertainty. Compiled from the finest papers presented at the 16th Annual Euromed Academy of Business (EMAB) Conference on business transformation in uncertain global environments, this volume delves into the intricate interplay between businesses and the challenges posed by an uncertain global landscape.

The book spotlights organizational responses to changes, complexity, and critical events. Drawing inspiration from the conference theme, the chapters present an understanding that crises are not mere obstacles but rather catalysts for transformation and evolution in organizational development, industries, and markets. 

Navigating beyond the acknowledgment of crises as transformative agents, contributors examine the intricate mechanisms, characteristics, effects, and motivations driving change. Recognizing the diverse landscape of organizations, industries, and markets, the book offers scientific insights into the adaptability of organizations in turbulent and critical conditions. From Multinational Corporations (MNCs) to Small and Medium Enterprises (SMEs), family enterprises, and start-ups, chapters encompass a spectrum of organizations, contributing to a nuanced understanding of adaptability.

In line with previous volumes, the book provides descriptive and prescriptive research, offering solid empirical and conceptual scientific accounts. With a commitment to advancing knowledge, it is an essential resource for researchers in management, strategy, marketing, and economics/finance, and provides theoretical elucidations and practicable insights for executives and industries alike.

Demetris Vrontis is the Vice Rector for Faculty and Research and a Professor of Strategic Management at the University of Nicosia, Cyprus (EU). He is the Founder and Editor in Chief of the EuroMed Journal of Business, an Associate Editor of the International Marketing Review, an Associate Editor of the Journal of Business Research and a Consulting Editor of the Journal of International Management. He is also the President of the EuroMed Academy of Business and has published hundreds of scientific works, receiving thousands of citations. He is a Chartered Marketer, a Chartered Business Consultant and a member of the board of directors of international companies.

Alkis Thrassou is a Professor at the University of Nicosia, Cyprus (EU) and holds a Ph.D. from the University of Leeds (UK). He is the Director of Gnosis Mediterranean Institute for Management Science, the Chief Editor of Palgrave Intersections of Business and the Sciences, the Managing Editor of Palgrave Studies in Cross-disciplinary Business Research, and an Associate Editor of EuroMed Journal of Business. His scientific publications carry many thousands of peer citations and he holds the prominent professional qualifications of Chartered Marketer (FCIM), Chartered Construction Manager (FCIOB) and Chartered Management Consultancy Surveyor (MRICS).

Leonidas Efthymiou is Associate Professor at the University of Nicosia, Cyprus (EU). Having studied at the universities of Leicester (PhD, MSc) and Derby (BA), he worked at Pearson Education and the University of Leicester, and taught online for Universities in Europe, Africa and the United States. He has co-edited and published several books, articles, media reports, policy papers and encyclopaedia articles, with his research focus lying at the intersection of employment, digitisation and education. Leonidas received a number of awards, including the best PhD Thesis award, by the Academy of Management in 2011, Boston Massachusetts.

Yaakov Weber is director of the School of Business Research Center, College of Management Academic Studies, Rishon LeTsiyon, Israel. He is co-president of EuroMed Academy of Business and EuroMed Research Business Institute, and the editor of the European Management Review. He is a graduate of the Technion, Tel Aviv University, and University of South Carolina. His main research interests are mergers and acquisitions, cultural differences, top executive management, strategy and decision making. His research has been published in numerous esteemed scientific journals, he has published books on an array of business topics, and he has organised many international scientific conferences, globally.

Riad Shams is Assistant Professor and Head of the PhD programme at the Newcastle Business School, Northumbria University, UK. He is a board member of the Northern Advanced Research Training Initiative, a fellow of the Higher Education Academy and the EuroMed Academy of Business, and associate editor of the Journal of Social Entrepreneurship. He has a sustained record of highly-reputable published journal papers, research chapters and books in the field of business, and he delivered keynote speeches at international academic forums and edited for world-leading and internationally prominent journals.

Evangelos Tsoukatos is adjunct faculty at the University of Nicosia, Cyprus and the Hellenic Open University, Greece. He holds a B.Sc. from the “Aristotelion” University of Thessaloniki, Greece, and a Postgraduate Diploma, a M.A. and Ph.D. from Lancaster University Management School, UK. Prior to joining academia, Dr Tsoukatos had extensive experience as consultant and in senior management positions. His research interests are in Services Management, Quality Management, Cross-Cultural Management and Entrepreneurship and has published widely in these fields. He holds the position of Vice President at the EuroMed Research Business Institute, he is Senior Associate Editor of the EuroMed Journal of Business (EMJB) and editorial board member in a number of international scholarly journals.