unpredictable and swift changes in an organization's external or internal environments which affect its performance. The late 20th century was considered a turbulent environment for...
Radiometric sensors for aviation hazards have the potential for widespread and inexpensive deployment on aircraft. This report contains discussions of three aviation hazards - icing, turbulence, and volcanic ash - as well as candidate radiometric detection techniques for each hazard. Dual-polarization microwave radiometry is the only viable radiometric technique for...
Nowadays marketplace is characterised by turbulence and uncertainty. Market turbulence has tended to increase for a number of reasons. Demand in almost every industrial sector seems to be more volatile than was the case in the past. Product and technology life-cycles have shortened significantly and competitive product introductions make life-cycle...
Notwithstanding some market turbulence in the spring, emerging markets enjoyed an extremely favorable external environment during 2004. Global growth and commodity prices were strong and financing was easy, with sovereign bond issuance reaching a new peak of USD62bn against a backdrop of tight bond spreads. However, it seems doubtful that...
Shares in American Airlines parent company AMR Corp AMR rose 5% to $5.75, trending with other major airlines after a pullback from record crude oil levels, and following news that Chicago’s O’Hare International Airport intends to lift 4-year-old flight caps the fall – a move that an FAA spokesman said...
The article explains about dramatic increases in competitiveness, technological turbulence, deregulation, globalization and information intensity have created perpetual uncertainty in everyday managerial life. This is the kind of uncertainty that eats conventional companies--and traditional management strategies--for breakfast. It used to be that only sectors affected by de-stabilizing events or new...
"In this kind of climate where economic turbulence is present, credit risk takes on a premium impact. That point has been further accentuated by recent corporate scandals. Institutions need to think beyond a departmental mode and look at opportunities for business process integration across the enterprise. Comprehend for complete insight....
Aidis Zunde submits: Last week was not pretty,with the Dow Industrials closing under 12,000, down 464 points or 3.8% for the week. The financials had another tumble, setting a week-long negative tone with a decline of 4.7%. Oil, another wet blanket for equity bulls, had a wild week (to include...
Original Equipment Manufacturers OEMs have traditionally made a large percentage of their profits from the aftermarket, ensuring that the right parts arrived at the right place at the right time. This market can yield up to twice the profit of first-time product sales. However, turbulence in the industry is raising...
David Leonhardt in the New York Times wrote about his favorite economics book of the year in No. 1 Book, and It Offers Solutions. In what he calls "a very good year" for books on economics, he named Shannon Brownlee's Overtreated tops, and his column tells why. It...
The last five years have seen dramatic changes within HR departments in organizations of all sizes. This change has made the systems selection process that much more of a challenge for many firms. While the turbulence many are experiencing makes it difficult to find time for any but the most...
This paper shows that state control of some industries may have contributed to the increase in European unemployment from the 1970s to the early 1990s. A simple model with both publicly-run and privately-run enterprises is developed and shows that when economic turbulence increases, higher unemployment rates may result in economies...
The paper depicts that 2002 has been a year to forget for the insurance industry. While equity values have been tumbling across the board, insurance valuations have been hit particularly hard. Equity market turbulence, combined with the massive losses from 11 September in the non-life sector, low interest rates have...
The engineering of financial instruments has emerged in response to turbulence during recent decades in ever more interconnected world markets: a result of floating exchange rates, oil crises, interest-rate shocks, and stock-market collapses. Financial engineering can lessen exposure to the perils of running a multibillion-dollar business or a small household....
This paper discusses about the diversification of the fixed income bonds. A portfolio containing a sensible mix of stocks and bonds can help smooth out the peaks and valleys that often characterize stock market cycles. Although these securities can be subject to credit and interest rate risk, fixed-income securities, commonly...
While Boeing's planes may be "up in the air," their decision about container fabrication materials is not. The Boeing Defense & Space Group Shipping Support Department manufactures thousands of boxes per year and relies on plywood as an integral part of its materials handling program. Finished airplanes aren't delivered in...
From the executive summary: 'Genuinely connecting to the psychological state of the individual and the corporate community is vital for buy in with the change process and for keeping transitional turbulence to non-dysfunctional levels. A systematic training program that helps people acknowledge and constructively express uncertainty and anxieties, even a...
The past two decades brought dramatic transformations in the way work is done. Few occupations and organizations escaped these changes and will likely face more future turbulence. The sense of time urgency has never been stronger resulting in demand for reduced cycle times1 in all areas of the enterprise. Large...
The economic landscape and continued stock market turbulence of 2001, the outlook for 2002 indicates that hostile activity will continue to increase and suggests that this activity could be concentrated in industries currently undergoing consolidation, including banking, financial services, energy and utilities. This article briefly reviews the background and use...
In this paper, we identify several other changes in the economy that have occurred during the same time and argue that they are consistent with an increased use of Information Technology IT in general and enterprise information technology in particular. In a series of case studies, we find that IT...
Formulating and implementing strategy has been about taking the long view. But how can one plan for a future that cannot be accurately forecast? This report provides a framework - Strategic Flexibility - that is designed to enable organizations to prepare for what they cannot predict. Drawing on years of...
