scholarly journals Facing uncertainty: An entrepreneurial view of the future?

2018 ◽  
pp. 1-12
Author(s):  
Simon Bridge

Abstract In business the future is not predetermined, and the unexpected often happens. So how should entrepreneurs (and businesses) try to address that future uncertainty? This paper suggests that there are two main options: 1. The often-preferred approach seeks to reduce uncertainty by forecasting and planning, using ‘left-brained’ logic and analysis. 2. The alternative way seeks to live with, and to benefit from, uncertainty by using ideas derived from exploration, effectuation, antifragility and ‘trial and error’. This paper compares the two approaches and considers their rationales and potential effectiveness. It suggests that forecasting and planning has many drawbacks and is often not the best way to operate in uncertain conditions. Nevertheless, it is often advocated and its thinking seems to have been adopted as the default philosophy for business. Therefore if, as has been suggested, uncertainty is the norm, do we need to advocate adopting a different way of thinking?

1969 ◽  
Vol 73 (700) ◽  
pp. 255-270
Author(s):  
H. Caplan

The purpose of this prologue is to outline how I have approached the arrogant and impossible task of surveying an unborn century of law. I may also be able to illustrate that the nature and quality of the task is completely different from that attempted in the preceding papers. In the whole paper I have done little more than infer repeatedly, in different ways (a) that the shape of the future so far as law is concerned will be determined by the methods of communication adopted between sectors of the aerospace community and between the aerospace community and society at large, and (b) that the search for effective methods of communication is urgent. But my target is not the lawyers of our community—who I am not qualified to advise. I write for the other members of the Royal Aeronautical Society and I return to the task of persuading them that they have a role to play in evolving future laws for aerospace activities.


1956 ◽  
Vol 60 (548) ◽  
pp. 515-522
Author(s):  
L. G. Fairhurst

The main purpose of this paper is to outline the position which the propeller holds in current aircraft propulsion, its construction, operation and its future. The paper has been arranged in four parts, as follows:–1.Present and future types of aircraft foreseen with propellers.2.Engines for turbo-prop power units.3.The Propeller.4.The Future.In the present military field propellers are used for the following types of aircraft:—Heavy transport and Army reconnaissance, for example the Beverley and Pioneer, Submarine reconnaissance, Naval Strike Fighters and R.A.F. Trainers as exemplified by the Gannet, Wyvern and Provost.


1978 ◽  
Vol 48 ◽  
pp. 545-556 ◽  
Author(s):  
R. H. Tucker ◽  
G. Teleki ◽  
C. C. Counselman ◽  
E. Hog ◽  
E. Marcus ◽  
...  

SummaryThe paper presents various views of the future of fundamental astrometry, arranged under the following headings:1 General and Introductory Remarks2 The New Techniques2.1 Modernised Classical Astrometry2.2 Laser Ranging2.3 Radio Astrometry2.4 Space Astrometry2.5 Other Techniques3 The Impacts and Implications3.1 Prospects for Classical Astrometry3.2 Criteria for cessation of observations3.3 Need for adequate connection of observational series3.4 Planning of Observational Programmes4 Points Emerging4.1 Fundamental and Relative Astrometry4.2 Fundamental and Inertial Systems4.3 Data Processing4.4 The Role of IAU Commission 84.5 Proposed Observational Programmes5 Bibliography


1984 ◽  
Vol 79 ◽  
pp. 493-496
Author(s):  
Guy Monnet

Four Reasons are advocated to stress the interest of Fabry-Perot Spec-trographs (F.P.S.) as potentially useful instruments for the future Very Large Telescopes :-Reasonably wide spectrum of Astronomical uses-Good use of Telescope area-Relative cheapness-Versatility


1918 ◽  
Vol 22 (96) ◽  
pp. 391-413
Author(s):  
Cochrane Patrick

The entire science of aerial fighting has developed, as everyone knows, since the beginning of this war, in other words in the short space of four years.To–night I am going to attempt to give you an outline of the various stages through which aerial fighting has progressed to its present state of efficiency, though it would be foolish to claim that we have even begun to realise the methods and tactics which will be employed in the future.All through the history of aerial fighting we find two main governing factors, and I would ask you to notice how these affect each step. These two factors are:—(1)Field of fire.(2)Field of view.In talking of the latter, I shall be constantly mentioning blind spots. By a blind spot is meant anywhere in the sky which is hidden by the planes, tail or fuselage, from the pilot as he sits in his cockpit.


1990 ◽  
Vol 138 ◽  
pp. 501-516
Author(s):  
Robert J. Rutten

I have found four models in the literature for doing conference summaries: 1.The Literal Summary.One summarizes all t h a t has been presented, preferably interspersed with comments as “of particular interest was…”.2.The Historical Perspective.One places all (or some) presentations within a historical background, preferably implying that science progresses smoothly in well-planned, orderly fashion.3.The Future Perspective.One points out the way to go, preferably in overly optimistic vein.4.The personal Impressions.One concedes lack of wisdom to forego balanced summarizing, prefering to discuss primarily one's own interests. Which model to choose here? Literal summarizing seems superfluous for the oral presentations. They are printed in the preceding pages, each is effectively a summary of work published elsewhere, and many have an author's summary already. It won't be useful to summarize them here once more, but some perspective may be worthwhile.


1998 ◽  
Vol 6 (2) ◽  
pp. 8-9
Author(s):  
Everett R. Ramer

If you are an optical microscopist, chances are you have sometimes wished for a way to increase the depth of focus of your images. In this article I describe a method that does this using a simple combination of functions built into most image processing software - so it will not cost you very much to try, The method, however, is not universal and some trial-and-error will be required to get it to work in different applications. Finally, this method is not limited to microscopy and will work with any imaging system.The basic steps for creating an image with a large depth of focus are straight forward:1.Take a series of images at different focal planes2.Remove the blurred content from each image3.Combine the debiurred images into a single image


1949 ◽  
Vol 53 (467) ◽  
pp. 1063-1064 ◽  
Author(s):  
A. H. C. Greenwood

This review is an attempt to examine, very briefly, the existing methods by which the airframe, engine and accessory manufacturers are informed of the operational troubles which are experienced by the users of their equipment, and how these manufacturers thus come to possess the knowledge which alone can enable them to avoid the recurrence of similar faults in the future. The importance of this knowledge can hardly be over-emphasised, but it is suggested that, in the past, there has been an abundance of such information which has failed to reach the right people at the right time.For the purpose of this review it is proposed to divide the troubles to which the aeroplane is heir, into three main categories:—1Aerodynamic or handling faults.2Structural or design failures.3The general unreliability of components which causes low serviceability and utilisation rates.


1994 ◽  
Vol 144 ◽  
pp. 431-434
Author(s):  
M. Minarovjech ◽  
M. Rybanský

AbstractThis paper deals with a possibility to use the ground-based method of observation in order to solve basic problems connected with the solar corona research. Namely:1.heating of the solar corona2.course of the global cycle in the corona3.rotation of the solar corona and development of active regions.There is stressed a possibility of high-time resolution of the coronal line photometer at Lomnický Peak coronal station, and use of the latter to obtain crucial observations.


1994 ◽  
Vol 144 ◽  
pp. 279-282
Author(s):  
A. Antalová

AbstractThe occurrence of LDE-type flares in the last three cycles has been investigated. The Fourier analysis spectrum was calculated for the time series of the LDE-type flare occurrence during the 20-th, the 21-st and the rising part of the 22-nd cycle. LDE-type flares (Long Duration Events in SXR) are associated with the interplanetary protons (SEP and STIP as well), energized coronal archs and radio type IV emission. Generally, in all the cycles considered, LDE-type flares mainly originated during a 6-year interval of the respective cycle (2 years before and 4 years after the sunspot cycle maximum). The following significant periodicities were found:• in the 20-th cycle: 1.4, 2.1, 2.9, 4.0, 10.7 and 54.2 of month,• in the 21-st cycle: 1.2, 1.6, 2.8, 4.9, 7.8 and 44.5 of month,• in the 22-nd cycle, till March 1992: 1.4, 1.8, 2.4, 7.2, 8.7, 11.8 and 29.1 of month,• in all interval (1969-1992):a)the longer periodicities: 232.1, 121.1 (the dominant at 10.1 of year), 80.7, 61.9 and 25.6 of month,b)the shorter periodicities: 4.7, 5.0, 6.8, 7.9, 9.1, 15.8 and 20.4 of month.Fourier analysis of the LDE-type flare index (FI) yields significant peaks at 2.3 - 2.9 months and 4.2 - 4.9 months. These short periodicities correspond remarkably in the all three last solar cycles. The larger periodicities are different in respective cycles.


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