88,035 research outputs found

    Managing Uncertainty: Lessons from Xenophon\u27s Retreat

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    Propositions on dynamic capabilities and organizational politics are developed from management literature and are then evaluated using case analysis. The goal is to identify complementary aspects of these perspectives to change from an ancient example that can offer insights for management thought and practice today. Initially chronicled by Xenophon, roughly 10,000 Greek mercenaries spent over two years confronting demanding circumstances as they fought their way into and out of ancient Persia. The mercenaries\u27 response to changing circumstances offers a unique case for integrating literature on responses to uncertainty that range between rational and haphazard explanations. The analysis suggests uncertainty management is a complex phenomenon imperfectly represented by existing models

    Black-Hole Transients and the Eddington Limit

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    I show that the Eddington limit implies a critical orbital period P_crit(BH) = 2d beyond which black-hole LMXBs cannot appear as persistent systems. The unusual behaviour of GRO J1655-40 may result from its location close to this critical period.Comment: 3 pages, no figures; to appear in MNRA

    The Tourism Paradox

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    The American Aircraft Industrial Base: On the Brink

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    An article reviewing the decline in the American aircraft industrial base

    Ultraluminous X-ray Sources and Star Formation

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    Chandra observations of the Cartwheel galaxy reveal a population of ultraluminous X-ray sources (ULXs) with lifetimes < 10^7 yr associated with a spreading wave of star formation which began some 3 x 10^8 yr ago. A population of high-mass X-ray binaries provides a simple model: donor stars of initial masses M_2 > 15 Msun transfer mass on their thermal timescales to black holes of masses M_1 > 10 Msun. For alternative explanations of the Cartwheel ULX population in terms of intermediate-mass black holes (IMBH) accreting from massive stars, the inferred production rate > 10^-6 yr^-1 implies at least 300 IMBHs, and more probably 3 x 10^4, within the star-forming ring. These estimates are increased by factors eta^-1 if the efficiency eta with which IMBHs find companions of > 15 Msun within 10^7 yr is <1. Current models of IMBH production would require a very large mass (\ga 10^{10}\msun) of stars to have formed new clusters. Further, the accretion efficiency must be low (< 6 x 10^-3) for IMBH binaries, suggesting super-Eddington accretion, even though intermediate black hole masses are invoked with the purpose of avoiding it. These arguments suggest either that to make a ULX, an IMBH must accrete from some as yet unknown non-stellar mass reservoir with very specific properties, or that most if not all ULXs in star-forming galaxies are high-mass X-ray binaries.Comment: 3 pages, no figures; MNRAS accepted with minor amendment

    Balanced Innovation Management

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    The Department of Defense has demonstrated success in managing innovation. The military’s approach to innovation management extends beyond traditional distinctions between internal and external innovation modes. Summarizing specific innovation strategies available to managers develops recognition of this growing reality. The article concludes with resulting lessons that can be more widely adopted by managers

    Generating Opportunity from Uncertainty

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    Learning to deal with uncertainty makes organizations more robust. Leaders can take steps to help their organizations take advantage uncertainty. When continued success transitions from informed decision to luck, small differences in the ability of organizations to handle uncertainty can have a large impact. An example from military history is used to outline current day lessons for military and business leaders
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