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Showing posts from May, 2021

Successful Failures of an Organization

Successful Failures of an Organization     The most common business phenomena could be quite perplexing when the successful companies have faced a big change, and they often fail to respond effectively in their environment. As they could not defend the competitors who were armed with the new technologies, strategies, or products, they fall deep into the valley and tumble over their stock valuations. Because of this, the Public will contribute their important time and cash to procure from these activities. For the Public, this would be almost unimaginable that the projects would move back after being contributed with particularly colossal speculations. So the Politicians ought to keep up the hallucination set up regarding the future possibilities they will not be enduring later on. There are different deviations from the first arrangement as the task starts with the fundamental elements of the advantages that are essentially kept set up. This would be smarter to complete the pr...

Discussion of Serendipity, Error, and Exaptation

Discussion of Serendipity, Error, and Exaptation      Serendipity is when there is progress in the actions caused by accident, and they create a happy accident that can be further used positively. The most exciting invention that was made through serendipity is the microwave oven. Percy Spencer was the founder who accidentally discovered that a candy bar present in his pocket was melting when he was working around a microwave-emitting magnetron, which led to the invention of the oven, which we are using currently to cook food. Error is the other way of discovering innovative ideas. The best example in this category would be penicillin, an antibiotic that has saved millions of lives over the decades. It was discovered by Alexander Fleming when he unknowingly left the dirty Petri dishes on which a kind of mold develop which was immune to the streptococcus. Exaptation is when the discovery is repurposed into something useful. The best example of this includes the AOL for Pal...

Bucket List if Time and Money Permits

Bucket List if Time and Money Permits   Education: Second Doctorate in Cyber Security and Internet of Things Masters in Psychology Learn to design data-intensive information systems Learn to have in-depth knowledge about data structures and algorithms Bachelors or Masters in Astrophysics Build low code or code-free software tools for programming. Free education for all no limit on the degree level – school, college (Bachelors, Master, and Doctorate) Make sure the source of knowledge is not limited to the classroom and books. Impart life lessons. Learn to play Blackjack and counting cards Learn a new language (Spanish, German, or French) and a new programming language. (Python, Scala, R, etc.) Job or Research: Be an entrepreneur Be a CEO of a company 100% remote job or work from home Invent a product or technology that changes humankind Be a market disrupter Build a computer that predicts the future Build a time machine Become a pilot Build a machine with an infinite source of energ...

Case Study – Scenario-Type Planning and Standard Forecasting

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                              Case Study – Scenario-Type Planning and Standard Forecasting Scenario-type planning in the Newspaper Industry             Scenario-type planning is the tool that can be used in the promotion of the innovative activities of a project in an organization, especially the newspaper industry. The more disruptive the innovation is, the more beneficial the effects of using scenario-type planning will be. This approach might be considered while discussing the innovation present concerning the regional development and also in respect to the introduction of the potential and novel radical technologies. The scenario planning might be providing the possibilities needed for the creation of the different alternatives but with the outcomes that are plausible in the future and might be provided with the opportunity to study the...

Article Review

Article Review Hayashi, E.C.S., & Baranauskas, M.C.M. (2013).  Affectibility in Educational Technologies: A Socio-Technical Perspective for Design.  Retrieved from,  http://eurydice.nied.unicamp.br/portais/ecoweb/nied/ecoweb/publicacoes/artigos-em-revistas/affectibility-in-educational-technologies-a-socio-technical-perspective-for-design.1.pdf . Hayashi, E.C.S., & Baranauskas, M.C.M. (2013).  Affectibility in Educational Technologies: A Socio-Technical Perspective for Design.  Retrieved from,  https://eric.ed.gov/?id=EJ1016336 .                          This article provided insights on affectability in educational technologies, which is a social-technical perspective for design. In the present-day world, digital artifacts have been coming to augment the students’ interest and the quality of learning the environments. But has become quite common that finding the technology is bein...

Scenario Planning vs Traditional Forecasting

S cenario Planning vs Traditional Forecasting Traditional forecasting:             Traditional forecasting is basically extrapolating where we are and where we are now into the future, and at the end of the extrapolated line comes the most likely scenario. The extrapolations and mathematical formulations form the mechanical basis needed for traditional forecasting. At one point, all these forecasts would make out +/- 5 to 10% in all of the projections and could call it the worst and best-case scenario. This +/- difference comes with the range of possibilities that come out of the actual 360-degree solution spherical space  (Mukhopadhyay et al., 2011) .              There are other extrapolations and mathematical forms and the mental forms of the extrapolation, which are both dangerous as they would be, assuming that the world might not change much. But the disruptions like the new competitor, new regulations, new soci...

Planning and Forecasting

Planning and Forecasting Technological forecasting has become the specific orderliness in terms of the innovation process. Studies on the technological transfer, diffusion, and substitution processes have resulted in conceptual models of successful innovation concepts. The innovative forecast plays a key role in the limited empirical measures separated from the other innovation models. The combination of the Bibliometric measures acts as the evidence that provides the enriched form of the innovative forecasting. This also provides a good means which combine the technological trends, competitive intelligence, and mapping of the technological interdependencies. The technological forecast will be providing timely insight right into the prospects needed for the crucial technological change. This kind of data will be helpful to the management in making better decisions in respect to the product development, production, R & D Management, strategic corporate planning, purchase of new te...