Exploring Corporate Strategy CLASSIC CASE STUDIES Chaos in the skies – the airline industry pre- and post-9/11 Gary J. Stockport The case provides an opportunity to analyse the Airline Industry both pre- and post-9/11. It shows how one major event in the business environment can reshape many aspects in both the macro and competitive environment of an industry. In turn this requires a reshaping of strategies for most of the individual companies in the industry in order to cope with this new
Premium Airline
Chaos in the skies - the airline industry pre and post 9/11 Case Study Chaos in the skies- the airline industry pre and post 9/11 1. Introduction The terrorist attack on the New York World Trade Center and the Pentagon on September 11‚ 2001‚ when civilian planes were turned into guided missiles flown by suicide bombers driven by religious fundamentalism and hatred for the United States not only seared themselves into the consciousness of the American people‚ but into the economic and business
Premium September 11 attacks United States Department of Homeland Security Security
This article aims to study the applications of chaos theory in Tom Stoppard’s major play‚ Arcadia. Although chaos and chaotic systems mainly belong to the sciences of physics and mathematics‚ the theory of chaos as a postmodern matrix can be discussed in both art and literature. Stoppard’s‚ and other interdisciplinary author’s‚ main source is James Gleick famous book “Chaos: Making a New Science”. Chaos theory is a branch of nonlinear dynamics that have an orderly disordered nature; i.e. it shows
Premium Science Physics Chaos theory
1. Identify or list the most important‚ relevant information in the original 1995 Chaos report. The 1995 Chaos report primarily focused on reasons behind why technology projects fail and the causes of these failures. The research for the report looked into three basics requirements: a. scope of software project failures b. major factors that cause software projects to fail c. key ingredients that can reduce project failures Standish group conducted a survey with IT executive managers and found
Premium Failure Project management Success
The CHAOS Report (1994) The Standish Group Slides preparados por Miguel Mira da Silva com base no resumo do relatório disponível na Internet http://www.standishgroup.com/sample_research/chaos_1994_1.php The CHAOS report (1994) 1 Introduction • Bridges are normally built on-time‚ on-dudget‚ and do not fall down. – Because the design in frozen • Software never comes on-time or on-budget‚ and always breaks down – A frozen design does not accommodate changes in the business practices –
Premium Software project management Cost overrun Project management
Order and chaos are related to and dependent on each other. The clear cut distinction between them is man made and an illusion. Society uses order to regulate all aspects of the world from nature to personal lives‚ while chaos allows for open mindedness and also provides an explanation for certain aspects of the world. This can be seen in science‚ theology‚ music‚ language‚ and imaginative play. Science is rational‚ logical‚ and orderly. It has the ability to break apart complex systems
Premium Jazz Creativity Music
exactly is the chaos theory? Some believe the chaos theory is one of the many theories that will be recognized in the centuries to come. The chaos theory embodies many conditions of science‚ such as physics‚ engineering‚ economics‚ philosophy‚ mathematics‚ music‚ and even psychology. The chaos theory is only beginning. The chaos theory is a theory used in different categories of science that a seemingly possible phenomena has an underlying meaning. When was chaos first discovered
Premium Chaos theory Butterfly effect Fractal
Chaos Theory Chaos theory as a name comes from the fact that the systems the theory describes (non-linear systems) would seem to be disordered or random or at least unpredictable. Chaos theory tries to find some underlying order in what appears to be random events or data. Edward Lorenz was an early pioneer of the theory. He was working on weather predictions in 1961 and was using a computer to help with the calculations. Lorenz had initiated a sequence of data based on twelve variables in his
Premium Chaos theory Mathematics Butterfly effect
Explaining Chaos Theory is not easy. I am merely going to focus to get closer to it and try explaining in my paper the basics of so called ’Chaos Theory’. To do that in financial sence‚of course‚ it might be the best way to try analysing from macro stand point looking at world as a hole‚ looking at the big picture. Science is trying to explain chaos as long as it exists and try to extrapolate the formula for it‚ trying to get the predictions as accurate as possible. Since its inception‚ science
Premium Butterfly effect Chaos theory
“I will not let you fall. I will hold you up high as I stand on a ball. With a book on one hand! And a cup on my hat! But that is not all I can do” “Look at me! Look at me now! With a cup and a cake on the top of my hat! I can hold up the fish and a little toy ship! And some milk on a dish‚ and look! I can hop up and down on the ball!But that is not all!...” “….It is fun to have fun but you have to know ho. I can hold up the cup and the milk and the cake! I can hold up these books‚ and the fish
Premium