scholarly journals COVID-19 May Change Modern Companies Forever—A Brief Outlook

2021 ◽  
Vol 6 (1) ◽  
pp. 25
Author(s):  
Gerui Cao

The future is a big word. It can be composed of uncertainties that make us all fear for. However, it is also filled with opportunities that one can grasp vast amount of optimism. We, as the human species, have always been fascinated with our imagination about the future. In the past, we besought witches to tell us about our fortunes. Nowadays, we form risk management entities and consulting firms that help clients identify opportunities and dangers, while attempting to “shape” the future for each one’s favor if possible. If you ask any one at the New Year Eve party about their predictions of the year 2020 on December 31st, 2019, no one would have believed what was bound to take place—in the same fashion as one from 1700s would have never believed the establishment of European Union. While the virus halted our daily routines and is enforcing humans to change their social behaviors, the very reality of this current pandemic COVID-19 is indeed unprecedented. Humans cannot rewind the reality to the past—we should analyze the current situation and predict the future trends in the hope of a more adequate preparation. COVID-19 can be perceived as a catalyst that boosts the progress of various occurring long-term trends in business conducts. Hence, these key long-term trends can shape up companies’ future structures and behaviors forever.

2006 ◽  
Vol 31 (2) ◽  
pp. 12-19
Author(s):  
N. John Habraken

I want to raise a more philosophical question. What fundamental images and ambitions have guided us in the past and may guide us in the future? I want to particularly call attention to the way we explain ourselves to ourselves and to those we work with. This question may not seem practical but, ultimately, our self-image determines the way we design: our buildings reflect how we see ourselves. To let you know right from the beginning what I am aiming at, my talk can be summarized as follows: we come from a tradition of monument builders, but today we are almost entirely immersed in design for everyday environments. Where we come from is very different from what we do now. The way we see ourselves is a product of the past and is becoming increasingly counter productive.


1979 ◽  
Vol 8 (2) ◽  
pp. 59-72
Author(s):  
John W. Wysong ◽  
Mahmood Y. Seyala

During the past several decades, a number of research publications have used Markov chain processes to predict changes in number of farm firms, the average size of farms and labor resource productivity in farm production (Conneman, Harris and Wilson, Judge and Swanson, Kottke, Seyala, Willett and Saupe, Wysong and Seyala). The Markov method assumes that the pattern of change exhibited in the past will continue into the future. This method provides information on historical changes by frequency distribution categories as well as for the whole cohort, and allows for projection of these changes into the future. Previous studies have used mainly short-run periods of up to 5 years as the primary data base. This study has considered the use of longer-run base periods of 10 to 20 years combined with periodic updating of sample data in projecting long-term trends in numbers and sizes of dairy farms and revising such projections through time.


2020 ◽  
Author(s):  
Thomas Thaler ◽  
Philipp Babcicky ◽  
Christoph Clar ◽  
Thomas Schinko ◽  
Sebastian Seebauer

<p>Hydro-metrological events cause substantial economic damage and social disruption in our society to date. These climate-related risks will become even more severe in the future, driven by changes in the frequency and magnitude of natural hazard events, an increasing exposure of buildings or infrastructure, as well as vulnerability and resilience developments of residents and businesses. Although these long-term developments are of major social and economic relevance, decisions in disaster risk management and their (potential) impacts are typically assessed as singular events and potential alternative solutions, which have not been considered, are out of scope. Recent research therefore suggests to employ the concept of iterative climate risk management (CRM), in order to align disaster risk management and climate change adaptation policy and practice. This is supposed to increase the awareness of how complex and dynamic the challenge of comprehensively tackling climate-related risks is.</p><p>Pathways aims to fill this gap by analysing the long-term development of past and future decisions. The arenas in which these decisions are made are characterised by (1) competing interests from various policy areas, (2) ad-hoc decisions often taking precedence over strategic planning for long-term CRM, and (3) previous decisions providing carry-over, follow-up or creating even lock-in effects for later decisions. Focusing on two climate-adaptation regions in Austria (so-called KLAR!-regions), Pathways paints a comprehensive picture of how local adaptation pathways were developed in the past, how these pathways led to specific decisions at specific points in time, and which impacts these choices had on community development with respect to the choices and pathways not taken. Pathways learns from the past to inform the future with the aim to provide capacity building at the local level. By understanding how earlier decisions enabled or constrained the later decisions, pathways offers policy guidance for making robust decisions in local CRM.</p><p>Pathways applies a mixed-method approach to integrate quantitative and qualitative social science research methods and to triangulate the research objectives from different perspectives. Semi-structured interviews with key CRM actors at various levels of government, geo-spatial analysis, secondary analysis of census data and archival research jointly inform the reconstruction of past decision points and related pathways. This approach allows to test, compare, confirm, and control the collected data and the interpreted results from different perspectives, while avoiding narrow, oversimplifying explanations. Building on the lessons learnt from the past, future pathways are co-designed with local stakeholders in Formative Scenario workshops. Pathways restricts its scope to climate-related risks from extreme hydro-meteorological events and geological mass movements, such as riverine floods and pluvial torrents, mud and debris flow, landslides or avalanches. This risk domain requires governance structures for immediate response to the disaster as well as for prevention and relief/reconstruction. Pathways aims to improve the knowledge base for respective governance efforts.</p>


2003 ◽  
Vol 20 (3-4) ◽  
pp. 46-82
Author(s):  
Fathi Malkawi

This paper addresses some of the Muslim community’s concerns regarding its children’s education and reflects upon how education has shaped the position of other communities in American history. It argues that the future of Muslim education will be influenced directly by the present realities and future trends within American education in general, and, more importantly, by the well-calculated and informed short-term and long-term decisions and future plans taken by the Muslim community. The paper identifies some areas in which a wellestablished knowledge base is critical to making decisions, and calls for serious research to be undertaken to furnish this base.


Author(s):  
Joelle H. Fong ◽  
Jackie Li

Abstract This paper examines the impact of uncertainties in the future trends of mortality on annuity values in Singapore's compulsory purchase market. We document persistent population mortality improvement trends over the past few decades, which underscores the importance of longevity risk in this market. Using the money's worth framework, we find that the life annuities delivered expected payouts valued at 1.019–1.185 (0.973–1.170) per dollar of annuity premium for males (females). Even in a low mortality improvement scenario, the annuities provide an expected value exceeding 0.950. This suggests that participants in the national annuity pool have access to attractively priced annuities, regardless of sex, product, and premium invested.


2011 ◽  
Vol 20 (01) ◽  
pp. 146-155
Author(s):  
A. V. Alekseyenko ◽  
Y. Aphinyanaphongs ◽  
S. Brown ◽  
D. Fenyo ◽  
L. Fu ◽  
...  

SummaryTo survey major developments and trends in the field of Bioinformatics in 2010 and their relationships to those of previous years, with emphasis on long-term trends, on best practices, on quality of the science of informatics, and on quality of science as a function of informatics.A critical review of articles in the literature of Bioinformatics over the past year.Our main results suggest that Bioinformatics continues to be a major catalyst for progress in Biology and Translational Medicine, as a consequence of new assaying technologies, most predominantly Next Generation Sequencing, which are changing the landscape of modern biological and medical research. These assays critically depend on bioinformatics and have led to quick growth of corresponding informatics methods development. Clinical-grade molecular signatures are proliferating at a rapid rate. However, a highly publicized incident at a prominent university showed that deficiencies in informatics methods can lead to catastrophic consequences for important scientific projects. Developing evidence-driven protocols and best practices is greatly needed given how serious are the implications for the quality of translational and basic science.Several exciting new methods have appeared over the past 18 months, that open new roads for progress in bioinformatics methods and their impact in biomedicine. At the same time, the range of open problems of great significance is extensive, ensuring the vitality of the field for many years to come.


2017 ◽  
Vol 5 (1) ◽  
Author(s):  
Supriyo Supriyo

Human life with all its activities in order to meet the needs of life always will always faced the possibility of risk either directly or indirectly, can occur in the short term or long term. A possibility of the occurrence or risk had certainly will affect the activity to be done And adversely affect the economy of a family and even a company, if the risks that occur have a vital impact on the family or an organization. Many failures within a company's organization are due to unforeseen risks occurring as for example the company never thinks that a newly established company is still in the short run abruptly because a workforce lacking control in the production system creates a great fire and spends all and has a bad impact For the economy of a family and even a company, if the risks that occur have a vital impact on the family or an organization. Many failures within a company's organization are due to unforeseen risks occurring as for example the company never thinks that a newly established company is still in the short run abruptly because a workforce lacking control in the production system creates a terrible fire and consumes all the company's assets Newly established. Everyone or anyone else would not want the incident to happen and befall themselves and his business in the future. Keywords: Islamic perspective, Risk management


Literary Fact ◽  
2021 ◽  
pp. 8-30
Author(s):  
Monika V. Orlova

The publication includes V.Ya. Bryusov’s letters to his fiancée I.M. Runt (1876 –1965) from June 9 to September 9, 1897. 11 correspondences, including the final telegram sent from Kursk, were written and sent from Aachen (Germany), Moscow and several Ukrainian localities. The letter 10 is accompanied by the full text of I.M. Runt’s only surviving letter to Bryusov, sent from Moscow to the village of Bolshye Sorochintsy and received by the poet a few months later at home. The relationship between the young people before the wedding were complicated. While the poet was preparing for the wedding in Moscow, he summed up the past contacts with “mes amantes”, and his state of mind was painful. Shortly before meeting his future wife, Bryusov broke up with the former governess of his family E.I. Pavlovskaya, who was terminally ill. A few days before the wedding he decided to go to say goodbye to Pavlovskaya to her homeland, Ukraine. In his letters to the future wife the poet tried to smooth out the tension of the situation, perhaps anticipating that he would be bounded with I.M. Runt 30 Литературный факт. 2021. № 2 (20) by a long-term relationship, where life and literature are closely interconnected. The letters are published for the first time.


Author(s):  
Ed Ikin

Successful long-term plans for gardens require creativity and objectivity and need to include the insight of the horticultural teams caring for them. Garden plans take different forms and there are rival schools of thought about the merits of using external consultants or authoring exclusively in house. This essay makes the case for a ‘third way’, blending the skills of internal and external teams, and shows how the past can inspire the future.


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