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ICSB Sunday Times Editor’s note:
Grab your coffee, this week we celebrate milestones shaping entrepreneurship worldwide. We honor Dr. Katia Passerini’s inauguration as the 27th President of Gonzaga University, where her themes—Open Doors, Empower Potential, Lead with Hope—echo ICSB’s mission. On the global stage, Poland has crossed the $1 trillion GDP mark, entering the world’s top 20 economies exactly 1,000 years after its first king’s coronation. New research in JICSB reveals how entrepreneurial marketing drives competitive strategy, with cost leadership providing the most potent competitive edge. And our new ICSB AI Certificate launches this week, equipping MSMEs to turn AI into a practical advantage. Together, these stories spotlight leadership, innovation, and resilience at the core of global progress.
— Dr. Ayman ElTarabishy.
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Katia Passerini, 27th President of Gonzaga University
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The International Council for Small Business (ICSB) is immensely proud and delighted to celebrate the inauguration of Dr. Katia Passerini as the 27th President of Gonzaga University. After 15 years of distinguished service to ICSB, first as a dedicated member and later as Co-Editor-in-Chief of the Journal of Small Business Management (JSBM), Dr. Passerini brings her exceptional leadership to one of America’s premier Jesuit institutions. The inauguration themes for this historic occasion—Open Doors, Empower Potential, Lead with Hope—beautifully align with ICSB’s mission and values, echoing the spirit of transformative leadership that Dr. Katia Passerini has consistently embodied throughout her long association with our organization. ICSB was proudly represented by President & CEO Dr. Ayman ElTarabishy, Immediate Past Chair Dr. Winslow Sargeant, Past President Dr. Luca Iandoli, Co-Editor-in-Chief Dr. Eric Liguori, and member Cesar Banderas, who all gathered to witness this momentous installation. (read more)
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Editor’s Pick
From European Tiger to Global Top 20: Poland’s $1T Economy
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In 2025, Poland crossed the symbolic $1 trillion GDP threshold, securing its place as the 20th largest economy in the world. The timing is striking: this milestone comes exactly 1,000 years after the coronation of Poland’s first king in 1025. As the G20 convenes in Rio de Janeiro, Poland is making a spirited bid to join the exclusive club of the world’s largest economies. The case for inclusion is now stronger than ever. Between 1994 and 2014, Poland’s economy expanded at an average annual rate of 4.2%, earning the moniker “European Tiger.” Even during the global financial crisis of 2008–2009, Poland stood out as the only EU economy that did not experience a recession.
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CUTTING EDGE RESEARCH FROM JOURNAL OF THE INTERNATIONAL COUNCIL FOR SMALL BUSINESS (JICSB)
Explore the importance of competitive strategy to entrepreneurial marketing and business performance
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How do small businesses turn entrepreneurial marketing into real success? This study reveals that innovative, proactive, and risk-taking behaviors only boost performance when they are aligned with a clear strategy—whether by standing out through differentiation or cutting costs with efficiency. The surprise? Cost leadership delivers the strongest edge (read more).
By: Hao-Te Lu & Yi-Chou Wang
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GLOBAL LENS:
ICSB A.I. Certificate Starting This Week
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Whether you’re a seasoned entrepreneur or just starting your business journey, this comprehensive 3-session program will guide you through the essential knowledge, practical skills, and strategic insights needed to harness AI’s power for your MSME. Join fellow business leaders as we demystify AI and transform it from an intimidating buzzword into your most significant competitive advantage. Register Here.
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INSIDE ICSB
Katia Passerini, 27th President of Gonzaga University
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A native of Italy and a lifelong Catholic, Dr. Passerini is an accomplished academic and a seasoned university administrator and leader. Prior to her current appointment as Provost and Senior Executive Vice President at Seton Hall University, Passerini was The Lesley H. and William L. Collins Distinguished Chair & Dean of the Collins College of Professional Studies at St. John’s University, where she also held an appointment as Professor in the Division of Computer Science, Mathematics and Science. (read more)
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AI and the Punctuated Revolution
Ecosystem success depends on being bottom-up, inclusive, and people-focused—trust and connectors matter more than top-down institutions. Effective strategies emphasize strengths, embrace disruption, and recognize that ecosystems thrive as networks of networks, not under a single “big tent.” Ultimately, advancing both human and social capital, supported by the right metrics and entrepreneurial culture, drives long-term growth and resilience. (read more)
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The Abilene Paradox and Other Meditations on Management (Classic)
Faulty decision-making can have dire consequences, and when it comes to group decisions, the challenges are even greater. Join Dr. Jerry B. Harvey as he clearly illustrates why no organization wants to find themselves goin’ to Abilene.
See how group dynamics can keep individuals from stating their true beliefs for fear of isolation and separation, and how that often leads to mismanaged agreement (read more).
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ICSB 70th Anniversary – From ICSB History Book
Early focus on research-sharing – In its early decades, ICSB served primarily as a scholarly exchange forum, with annual meetings where academics presented studies on small firms, long before entrepreneurship became a mainstream academic field.
First international expansion in the 1970s – ICSB grew beyond the United States by connecting with European partners, marking the start of its transformation into a truly global organization with affiliates across continents.
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We are devoted to the interests and advancement of small business globally
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