Business Diplomacy Today

Dr. Matthias Catón

Bringing international relations and geopolitics to the business world. Sponsored and presented by the Indo-German Centre for Business Excellence.

  1. Subsea Cables as Critical Infrastructure

    MAR 2

    Subsea Cables as Critical Infrastructure

    This episode, presented by the German Maritime Centre, explores the essential role of subsea cables as critical infrastructure underpinning global communications and business operations. Host Matthias Catón is joined by guests Camino Kavanagh and Jonas Franken, both experts in cyber security, international security, and maritime systems. What Are Subsea Cables? Subsea cables are fiber-optic systems laid across the seabed, connecting continents and islands for data transmission. They include not only the cables themselves but also landing stations, maintenance ships, repair logistics, and complex terrestrial links. The technology has advanced from telegraph cables to modern fiber optics, forming a backbone for the internet and communications. Scale and Complexity There are currently around 530 active international cable systems, with 70 more in the planning stages. Some cables connect just two points, while others are complex networks with up to 30 landing stations. Globally, over 1,600 cable landing stations exist, varying in size and complexity. Visibility and Public Awareness While most people rarely notice subsea cables, outages in places like Tonga, Southeast Asia, Norway, Ireland, and the Shetland Islands have raised awareness. Many still mistakenly believe internet connectivity is reliant on satellites, while in reality, subsea cables handle the overwhelming majority of data traffic. Redundancy and Resilience European countries enjoy high redundancy, ensuring minimal disruption from cable faults. In contrast, remote nations often rely on a single cable, making them more vulnerable to outages. Subsea cables are engineered for resilience, with backup options usually available, though incidents can still affect connectivity. Satellite vs. Subsea Cables Satellites serve a supplementary role, but subsea cables provide vastly superior bandwidth and lower latency. Even with modern satellite networks like Starlink, they cannot match the data volume or speed required for global internet infrastructure. Ownership and Financing Models Ownership is diverse: Major content providers such as Google, Meta, Amazon, and Microsoft, either individually or through consortia. Traditional telecom companies in consortia. Direct state involvement, including military-operated cables. Development bank funding—sometimes as part of diplomatic efforts. The European Union and the US are introducing more regulations, affecting industry operations. Business Implications Businesses—especially large, data-reliant firms—should consider cable resilience as part of their risk management. Industry groups such as the International Cable Protection Committee and the European Subsea Cable Association foster collaboration and dialogue. Medium and smaller businesses may face challenges in influencing infrastructure policy, but are equally reliant on connectivity. Regulatory Trends Regulation is increasing, especially across the EU (NIS2 Directive, Critical Entities Resilience Act) and the US (Federal Communications Commission rules). The challenge for policymakers and industry is to balance demanding security requirements with the need for operational flexibility and rapid response. Geopolitical Competition and Strategic Concerns Subsea cable networks are increasingly central in international competition, including concerns about reliance on equipment from certain foreign suppliers, particularly China. Security requirements may slow cable operations just when agility is needed most. Looking Ahead: Bold Predictions Jonas Franken predicts Antarctica will be connected to the subsea cable network in the next decade, marking symbolic global connectivity. Camino Cavanagh foresees subsea cables becoming even more contested and central to state competition, with industry facing greater challenges ahead. Conclusion Subsea cables are a crucial, yet often invisible, part of global infrastructure. Businesses and governments must increasingly account for resilience, security, and redundancy, given their importance to society and the economy. The episode emphasizes the need for awareness, collaboration, and proactive planning as the geopolitical and regulatory landscape evolves. About the guests Jonas Franken Jonas Franken is doctoral candidate at Science and Technology for Peace and Security (PEASEC) in the Department of Computer Science at the Technical University of Darmstadt. His research interests are located within the nexus of policy, technology, and international law, focusing on the resilience of Critical Information Infrastructures on land and at sea, as well as emerging problems in Maritime Security and the digitalization of Critical Infrastructures. He studied “Politics & Law” (B.A.) at the University of Münster and holds a Master’s degree in “International Studies / Peace and Conflict Research” (M.A.) from Goethe University Frankfurt, and Technical University of Darmstadt. The former member of the German Navy was for a long time engaged in civilian sea rescue. Website: https://peasec.de/team/franken/LinkedIn: https://www.linkedin.com/in/jonas-franken-711a6b147/Bluesky: https://bsky.app/profile/jonasfranken.bsky.social Camino Kavanagh Camino Kavanagh is a visiting Senior Fellow with the Dept. of War Studies, King’s College London and a Fellow with the United Nations Institute for Disarmament Research (UNIDIR). Her research covers topics relevant to technology, international security, conflict and diplomacy. Her current work focuses on cybersecurity and on the security and resilience of subsea infrastructure. Amongst other, Camino served as advisor/rapporteur to the 2019-2021 and 2016-2017 UN negotiating processes on cyberspace/ICTs and international security (the UN Open Ended Working Group and the UN Group of Governmental Experts). For the past decade she has also worked extensively across United Nations peace and security entities, with regional organisations and national governments on issues pertaining to international peace and security, conflict and digital technologies. Prior to this, Camino spent over a decade working in conflict contexts around the world, including with UN peacekeeping operations and political missions. LinkedIn: https://www.linkedin.com/in/caminokavanagh/ Executive Briefing – what you should read now Nicole Starosielski, The Undersea Network (Sign, Storage, Transmission), 2015, Durham, NC and London, UK: Duke University Press. José Chesnoy, Jean-Christophe Antona (Eds.) Undersea Fiber Communication Systems 3rd Edition, 2025. Academic Press. C. Kavanagh, J. Franken, and W. He. “Achieving Depth: Subsea Telecommunications Cables as Critical Infrastructure”. Geneva, Switzerland: UNIDIR, 2025. Omand, David: How to Survive a Crisis: Lessons in Resilience and Avoiding Disaster, 2023. Viking. Upcoming public event: Roundtable on subsea cables as critical infrastructure. In person (New York) and online, 30 March 2026

    39 min
  2. International Negotiations

    09/08/2025

    International Negotiations

    In this episode of “Business Diplomacy Today, Daniel Jones, Professor of Management at the University of Nevada, Reno joins host Matthias Catón, to explore the complexities of negotiation in international and cross-cultural business contexts. The discussion begins by broadening the definition of negotiation, highlighting that it permeates every aspect of daily life and is not limited to transactional haggling. Jones explains that effective negotiation should be viewed as an information-gathering process aimed at maintaining long-term relationships rather than as an adversarial battle. The episode delves into the psychological underpinnings of negotiation, particularly the influence of the “dark triad”—Machiavellianism, psychopathy, and narcissism—on negotiation tactics and ethics. Jones notes that while most people act ethically in negotiations, a minority exploit deception and lack empathy, demanding greater vigilance and preparation when dealing with such individuals. The conversation moves to the international stage, using examples like Donald Trump’s negotiation style to illustrate the risks and short-term nature of aggressive, ego-driven tactics. Jones observes that while such styles might bring immediate gains, they often breed resistance and retaliatory behavior, ultimately undermining relationships and sowing nationalistic fervor. Cross-cultural negotiation presents additional challenges, from differing attitudes towards information sharing and trust-building to the impact of individualistic versus collectivistic mindsets. For instance, what may appear deceptive in one culture could be a normative communication style in another. Building rapport and understanding cultural context—such as the importance of informal relationship-building before business discussions in many countries—are vital to successful outcomes. Jones offers practical advice, recommending the use of open-ended questions to encourage dialogue and gather information, and emphasizes the importance of investigating a counterpart’s reputation, especially when “dark triad” personalities are suspected. Recognizing non-answers and red herrings is also crucial for uncovering potential deception. He also underscores the necessity for self-awareness regarding one’s own cultural and demographic background, as these factors influence both perception and effectiveness in negotiations. Trust, relationship-building, and cultural sensitivity are highlighted as increasingly critical skills. In his predictions for the future, Jones expects a gradual homogenization of business negotiation practices towards individualism, a shift in public sentiment away from ego-driven tactics, and a renewed emphasis on personal relationships and trust because of technological and social changes. Ultimately, this episode underscores why understanding negotiation—in all its psychological and cultural complexity—is indispensable in today’s interconnected and rapidly evolving global business environment. About the guest Daniel Jones is a Professor of Management at the University of Nevada, Reno, having received his PhD in personality and social psychology in 2011 from the University of British Columbia. With a background in psychology, Dr. Jones has conducted research on topics ranging from culture, health, law, and stereotypes. In particular, Dr. Jones is a leading researcher in personality psychology, focusing on destructive personalities such as Machiavellianism, psychopathy, and narcissism, often referred to as the Dark Triad. He also studies deception and the contextual factors that drive dishonesty. His research has implications for business ethics, workplace climate, and organizational deviance. Dr. Jones is also a speaker and consultant, applying evidence-based solutions for toxic work environments. Executive Briefing – what you should read now Di Stasi, M., Templeton, E., & Quoidbach, J. (2024). Zooming out on bargaining tables: Exploring which conversation dynamics predict negotiation outcomes. Journal of Applied Psychology, 109(7), 1077–1093. https://doi.org/10.1037/apl0001136 TEDx Talk by Alexandra Carter: “How to ask for more — and get it” (TEDxReno, 2024)https://www.youtube.com/watch?v=-3w5Iw6fYZY

    37 min
  3. Online Voting

    08/08/2024

    Online Voting

    In this episode of Business Diplomacy Today, host Matthias Catón discusses the topic of online voting with Dr. Simone Ehrenberg-Silies, a senior consultant at the Institute for Technology and Innovation at VDI/VDE-IT. The conversation begins with a definition of online voting, differentiating it from traditional and electronic voting. The discussion delves into the reluctance of many countries to adopt online voting because of the risks of cyberattacks and manipulation, highlighting the vulnerability and potential loss of trust in the election process. Simone notes that online voting offers some advantages, such as better accessibility, error-free vote counting, and convenience, particularly during situations like the pandemic. The conversation shifts to other applications beyond political elections, such as university elections and party leader selections. Despite the benefits, Simone repeatedly emphasizes the substantial risks, especially without the possibility of a verifiable recount in case of disputes. The discussion covers the technical intricacies of online voting systems, focusing on security, authentication, and the potential future risks posed by quantum computing. About the guest Dr. Simone Ehrenberg-Silies Dr. Simone Ehrenberg-Silies is a Senior Consultant at the Institute for Technology and Innovation at VDI/VDE-IT. A political scientist, she has been working in foresight and technology assessment for over a decade, mainly for public clients such as the German Federal Ministry of Labour and Social Affairs, the Office of Technology Assessment at the German Bundestag and the Deutsche Bundesbank. Simone is passionate about working and publishing on topics such as the future of work, the future of payments, social, economic and political transformation, and geopolitical issues at the intersection of technology and innovation. Executive Briefing – what you should read now E-Voting – alternative Wahlformen und ihre Absicherung (2023) Nino Haratischvili (2019): The Eighth Life (for Brilka) Our Sponsor This episode is sponsored and presented by the Indo-German Centre for Business Excellence.

    29 min
  4. The Global Risks Report 2024

    07/23/2024

    The Global Risks Report 2024

    In this episode of Business Diplomacy Today, guest Martin Drux from Marsh McLennan delves into lessons learned from the COVID-19 pandemic and the importance of businesses preparing for future events like the permafrost virus. Host Matthias Catón discusses technology’s role in risk assessment, citing Google’s use of search data to track flu outbreaks. Drux highlights how AI and technology can enhance risk prediction and data quality, especially in the insurance sector. The episode addresses geopolitical risks such as power shifts, tensions in the Middle East, and China’s assertiveness, with Drux advocating for peaceful solutions and innovation. Companies should take Drux’s advice and manage talent shortages, especially in Europe, while also incorporating ESG factors into their strategies. The Global Risk Report, a collaboration between the World Economic Forum, Marsh McLennan, and Zurich, serves as a valuable resource that highlights risks like misinformation, climate change, and social unrest. Drux points out the evolution of risk management, noting a shift to new risks like cyber threats and environmental challenges. The conversation covers whether non-insurance companies are effective at assessing risks and the importance of diversifying production and markets. Drux emphasises the importance of learning from past mistakes with countries like Russia and China while balancing ethical and political views. He predicts a tumultuous decade filled with both innovations and challenges, stressing human rights and the responsible use of AI. The discussion ends on a hopeful note, with Drux underlining humanity’s broader aim of survival. This episode is essential for understanding the ever-evolving landscape of global risks and the need for businesses to adapt proactively. The topic is vital today as companies navigate an increasingly complex and dynamic world. About the guest Martin Drux Martin Drux is the Multinational Client Service Leader for Europe at MarshMcLennan based in Düsseldorf, Germany. Martin has worked in the insurance industry for 30 years, always in client-facing roles for large multinational clients. Besides various client executive and managerial roles in Germany, Martin has worked a couple of years in the USA (Philadelphia), Asia and the UK (London). Martin joined Marsh in 2007 as a senior client executive for German Fortune 1000 companies and has led the Marsh Multinational Practice in Europe since 2013. Executive Briefing – what you should read now Global Risks Report 2024 Kiss, Bow, Or Shake Hands by Terri Morrison and Wayne A. Conaway Our Sponsor This episode is sponsored and presented by the Indo-German Centre for Business Excellence.

    33 min
  5. Business Disruption and Change in 2024

    06/16/2024

    Business Disruption and Change in 2024

    In this episode, host Matthias Catón join Christina Rabe, the Market Unit Lead for Accenture in Austria, Switzerland, and Germany. They delve into the Pulse of Change Index developed by Accenture. Raab discusses the interconnectedness of technology, talent shortages, and demographic shifts, emphasizing the movement of talent from countries like India and the critical role of global talent pools. The discussion explores how artificial intelligence (AI) is poised to reshape various industries, starting with banking, capital markets, insurance, and software. Raab underscores the importance of companies being proactive rather than reactive in adapting to these changes, through investments in technology and talent. The conversation also touches on the essential human aspect, advocating for diversity and maintaining human values at the core of future technological transformations. About the guest Christina Raab Christina Raab is the Market Unit Lead for Accenture in Austria, Switzerland and Germany (ASG) and part of Accenture’s Global Management Committee. In this role, Christina supports clients from various industries with complex business transformations. She has a strong focus on creating new value for businesses, employees, and customers through the combination of technology and human-led innovation. She is Vice President of the German IT industry association Bitkom, of the American Chamber of Commerce in Germany and is a member of the Board of Trustees of Econsense, the Forum for Sustainable Development of German Business. Christina is also a member of the Senate of the German Academy of Science and Engineering acatech, as well as a Board member of Generation CEO. Christina has a Master’s degree in Business Administration and Business Italian from the University of Passau. She is based in Munich. Executive Briefing – what you should read now Handelsblatt Morning Briefing Crashkurs – Wirtschaft trifft Geschichte Our Sponsor This episode is sponsored and presented by the Indo-German Centre for Business Excellence.

    42 min
  6. Imagining Asia After Europe

    05/09/2024

    Imagining Asia After Europe

    In Episode 29 Matthias Catón is joined by Sugata Bose, Gardiner Professor of Oceanic History and Affairs at Harvard University. Following Sugata’s recent publication “Asia After Europe: Imagining a Continent in the Long Twentieth Century”, Matthias and him discuss the how Asia’s history has been defined by Europe and what the current century brings. Matthias and Sugata’s discussion delve into history, identity and European focus in Asia; looking at ideas of Asian countries post-independence, prospects of a multipolar region and Asia’s need to detach themselves from a Eurocentric vision of universalism. With Sugata’s expertise in international history, the episode also looks at economic and business implications for the path of Asia, both as a continent and individual countries. Sugata provides his opinions on aggression and conflict in the region, utilising relations between India and China as a prime example. This episode is valuable for those interested in an analytical view to Asian history – how did colonialism shape Asia? Why did post-colonial states in Asia adopt European values? What do current geopolitical events in the region mean for its future? About the guest Sugata Bose Sugata Bose is the Gardiner Professor of Oceanic History and Affairs, Harvard University. He has served as Director of Graduate Studies in History at Harvard and as the Founding Director of Harvard’s South Asia Institute. Dr Bose obtained his PhD at the University of Cambridge. He is the author of several books, and his most recent publication, “Asia After Europe” was released in February 2024. Sugata served as a Member of Parliament in India elected to the 16th Lok Sabha (2014-2019) representing the Jadavpur constituency in Bengal and throughout that period as a member of the Parliamentary Standing Committee on External Affairs. Executive Briefing – what you should read now Bose, Sugata (2024) Asia After Europe: Imagining a Continent in the Long Twentieth Century Gungwu, Wang (2021) Renewal: The Chinese State and the New Global History Majapra, Kris (2014) Age of Entanglement: German and Indian Intellectuals Across Empire

    42 min
  7. Achieving Financial Equality

    04/02/2024

    Achieving Financial Equality

    In Episode 28 of Business Diplomacy Today, host Matthias Catón is joined by Mary Ellen Iskenderian, President and CEO of Women’s World Banking. Matthias and Mary Ellen examine the persistent gender gap in financial inclusion and its linkages to digital inclusion. Matthias and Mary Ellen begin their conversation by analysing why finance is not optimised for women, looking at the lack of access to financial services for women and the intricate connection of financial equality and digital inclusion. Using India as a case study, Matthias and Mary Ellen illustrate the importance of implementing digital public infrastructure that is inclusive and motivates individuals to stay in the system. Looking at the topic from a business perspective, Matthias questions why banks and companies are not working harder to push for financial inclusion. Mary Ellen shares that there is a lack of utilising data to see what products and services are offered, demanded and can drive their businesses. Matthias and Mary Ellen further discuss why innovation in this sector seems to come from emerging economies and the polarising debate on the efficacy of cryptocurrencies in achieving financial inclusion. About the guest Mary Ellen Iskenderian Mary Ellen Iskenderian is President and CEO of Women’s World Banking, the global nonprofit devoted to giving more low-income women access to the financial tools and resources they need to achieve security and prosperity. Mary Ellen has led the Women’s World Banking global team, based in New York, since 2006 and also serves on the Investment Committees of its two impact investment funds. Executive Briefing – what you should read now Iskenderian, Mary Ellen (2023) – There’s Nothing Micro about a Billion Women: Making Finance Work for Women Women’s World Banking (2023) – Reaching Financial Equality for Women

    38 min
  8. The EU AI Act

    03/14/2024

    The EU AI Act

    In Episode 27 of Business Diplomacy Today, host Matthias Catón is joined by Till Klein, Head of Trustworthy AI at appliedAI. Matthias and Till explore the forthcoming EU AI Act, including an investigation of its core principles and implications for businesses. Their conversation begins by looking at key points of the EU AI Act, including the EU’s risk-based approach, where it tries to classify certain AI practices into four categories. Matthias and Till discuss if such an act will hinder bringing innovation to the European Union due to its requirements around data governance, risk management, and accuracy. As emerging technologies are constantly evolving, Matthias and Till further analyse how quickly the AI Act may become redundant and how to navigate this complexity, both from a governance and business perspective. Although AI regulation is not new, both in the EU and other regions, Matthias and Till provide an insightful episode for those interested in understanding how (and why) regulation is conceived and its evolving implications on businesses and societies. This episode was recorded on 29 January; it’s important to note, that since then, the Act has been modified and further developed. About the guest Till Klein Dr Till Klein is the Head of Trustworthy AI at appliedAI, a leading AI initiative in Europe, where he is working toward accelerating Trustworthy AI at scale. Together with this colleagues and the entire AI Ecosystem, Till is driving the co-creation of methods and tools for operationalising regulations, standards, and principles of Trustworthy AI, from Europe and beyond. Till gained several years of industry experience in Regulatory Affairs for Medical Devices, as Lead Auditor for ISO 9001, and as Head for Quality Management in a drone company, which equips him with practical and skills perspectives that are invaluable for applying Trustworthy AI. Till holds a Ph.D. in Business from the Centre for Transformative Innovation at the Swinburne University of Technology in Melbourne, Australia. Besides AI, his research interests include economic geography, economic complexity, social networks, innovation management, and regional clusters. Executive Briefing – what you should read now Visit appliedAI’s website to understand more about the regulation. The EU AI Act

    36 min

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Bringing international relations and geopolitics to the business world. Sponsored and presented by the Indo-German Centre for Business Excellence.