Case ID: R0611F     Solution ID: 34954

Facing Ambiguous Threats Case Solution


This article incorporates an one-page see that rapidly outlines the key thoughts and gives a review of how the ideas work by and by alongside proposals for further perusing. On February 1, 2003, the world watched with sickening apprehension as the Columbia space transport broke separated while reappearing the world's air, slaughtering every one of the seven space travelers. Some have contended that NASA's inability to react with proper force to the purported froth strike that prompted the mischance was proof of untrustworthy or uncouth administration. The creators' examination, on the other hand, recommends that NASA was displaying a characteristic, yet disastrous, example of conduct normal in numerous associations. The froth strike is a prime sample of what the creators call a vague danger - a flag that might possibly forecast future damage. Uncertain dangers contrast from dangers with evident reasons - say, a flame in the building- - for which the reaction is clear. They likewise vary from unmistakable dangers that may need clear reaction ways, (for example, the startling oxygen-tank blast on board Apollo 13). Be that as it may, when the notice sign is vague and the danger's potential impact is misty, chiefs may decide to disregard or rebate the danger. Such a methodology can be calamitous. Firms that benefit an occupation of managing vague dangers don't ad lib amid an emergency; rather, they apply a thorough arrangement of discovery and reaction capacities that they have created and honed heretofore. In this article, the writers plot how to put such abilities set up much sooner than an emergency strikes. To start with, organizations need to sharpen their collaboration and fast critical thinking abilities through practice. Second, they must figure out how to perceive powerless signs, intensify the danger, and urge workers to inquire as to whether questions in a protected domain. At long last, they ought to investigate conceivable reactions to dangers through fast, minimal effort experimentation.

Request Case Study Solution

Prepared by MBAs and CFAs according to your requirements



Already Registered? Login here!


Order Summary

SubjectNot Selected
LengthNot Selected
Deadline Not Selected
Estimated Submission On
Total 0