36,100 research outputs found

    Risk Management in the Arctic Offshore: Wicked Problems Require New Paradigms

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    Recent project-management literature and high-profile disasters—the financial crisis, the BP Deepwater Horizon oil spill, and the Fukushima nuclear accident—illustrate the flaws of traditional risk models for complex projects. This research examines how various groups with interests in the Arctic offshore define risks. The findings link the wicked problem framework and the emerging paradigm of Project Management of the Second Order (PM-2). Wicked problems are problems that are unstructured, complex, irregular, interactive, adaptive, and novel. The authors synthesize literature on the topic to offer strategies for navigating wicked problems, provide new variables to deconstruct traditional risk models, and integrate objective and subjective schools of risk analysis

    Managing in conflict: How actors distribute conflict in an industrial network

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    IMP researchers have examined conflict as a threat to established business relationships and commercial exchanges, drawing on theories and concepts developed in organization studies. We examine cases of conflict in relationships from the oil and gas industry's service sector, focusing on conflicts of interest and resources, and conflict as experienced by actors. Through a comparative case study design, we propose an explanation of how actors manage conflict and manage in conflict given that they tend to value and maintain relationships beyond episodes of exchange. We consider conflicts in relationships from a network perspective, showing that actors experienced these while adapting to changes in their business setting, modifying their roles in that network. By identifying conflict with the organizing forms of relationship and network, we show how actors formulate conflict through pursuing and combining a number of strategies, distributing the conflict across an enlarged network

    The role of career adaptability in skills supply

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    Big Data and the Internet of Things

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    Advances in sensing and computing capabilities are making it possible to embed increasing computing power in small devices. This has enabled the sensing devices not just to passively capture data at very high resolution but also to take sophisticated actions in response. Combined with advances in communication, this is resulting in an ecosystem of highly interconnected devices referred to as the Internet of Things - IoT. In conjunction, the advances in machine learning have allowed building models on this ever increasing amounts of data. Consequently, devices all the way from heavy assets such as aircraft engines to wearables such as health monitors can all now not only generate massive amounts of data but can draw back on aggregate analytics to "improve" their performance over time. Big data analytics has been identified as a key enabler for the IoT. In this chapter, we discuss various avenues of the IoT where big data analytics either is already making a significant impact or is on the cusp of doing so. We also discuss social implications and areas of concern.Comment: 33 pages. draft of upcoming book chapter in Japkowicz and Stefanowski (eds.) Big Data Analysis: New algorithms for a new society, Springer Series on Studies in Big Data, to appea

    Canada in a Climate Disrupted World

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    Climate change has already begun impacting economies and societies across the globe, and its impacts are expected to increase into the future. Adaptation to climate change is and will continue to be one of the greatest policy challenges facing the Canadian government. However, im- portant and much-needed work on understanding the future of climate change has not yet been completed. Gaps remain in the body of academic, government, and other policy-relevant publications. Specifically, there is a relative paucity of research done on the indirect impacts of climate change on Canada. These external impacts outside of Canada’s borders may have second-order effects, the implications of which have thus far remained largely unexplored. In this report, we identify key issue areas which are currently or potentially affected by these indirect impacts. We also undergo a thorough literature review, and locate areas in which further data re- search is required

    Global Risks 2012, Seventh Edition

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    The World Economic Forum's Global Risks 2012 report is based on a survey of 469 experts from industry, government, academia and civil society that examines 50 global risks across five categories. The report emphasizes the singular effect of a particular constellation of global risks rather than focusing on a single existential risk. Three distinct constellations of risks that present a very serious threat to our future prosperity and security emerged from a review of this year's set of risks. Includes a special review of the important lessons learned from the 2011 earthquake, tsunami and the subsequent nuclear crisis at Fukushima, Japan. It focuses on therole of leadership, challenges to effective communication in this information age and resilient business models in response to crises of unforeseen magnitude

    Ocean governance: the New Zealand dimension

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      The Oceans Governance project was funded by the Emerging Issues Programme, overseen by the Institute of Policy Studies at Victoria University of Wellington. Its primary goal is to provide interested members of the public and policymakers with a general overview and a description of the types of principles, planning tools and policy instruments that can be used to strengthen and improve marine governance in New Zealand. The major findings of this study are that the existing marine governance framework in New Zealand emphasises a traditional sector-by-sector approach to management and planning and that this fragmented governance framework contributes to a number of institutional challenges. In addition, the study identifies a number of factors that influence marine planning and decision-making in the country, including but not limited to; the relationships between economic use of marine resources and the maintenance of marine ecosystem services and goods; Māori interests, perspectives and treaty obligations; the role of international treaties and conventions; the synergistic and cumulative impacts of multiple use and climate disturbance on marine ecosystems, and the role of scientists and science in marine planning and decision-making.The report makes two general recommendations.  First, with respect to the territorial sea (which includes the marine area out to 12 nautical miles) the report recommends that regional councils develop integrative marine plans where conflict between users and users-ecosystems is likely to develop in the future.  Second, the report recommends the adoption of new role for central government to support an ecosystem-based approach to integrative marine planning and decision-making
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