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Triple A Learning IB Blogs

April 15, 2011

Bridging the Gulf a year on

It is nearly a year since the Deepwater Horizon rig explosion killed eleven crew members and resulted in 206 million gallons of oil pouring into the Gulf of Mexico until the BP well was finally sealed. This was one of the worst environmental disasters in U.S. history and was detailed in previous posts.

Although there is uncertainty about the severity of the long-term effects of the spill on the environment and the Gulf ecosystems, it is generally accepted by scientists that the major impacts of the Gulf spill will be addressed by the end of 2012 and the environment will begin to recover. Nonetheless, the clean-up continues on the Gulf coast beaches and although the environment may be in a recovery phase, the human cost continues as the perception of the disaster is slow to adjust to the reality.

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August 6, 2010

A wave becomes a ripple as Google waves goodbye

Innovation is a risky and uncertain process even for the largest of corporations.  The marketplace is littered with innovations that fell by the wayside, sometimes in a wave of bad publicity. Most notorious in my mind is the demise of new Coke in 1985 when the Coca-Cola Company attempted to replace the original formula of its flagship soft drink.   The new cola was a major marketing disaster. The latest in a long line of  market failures was signalled this week when Google announced on its official blog that it has decided to pull the plug on Wave, its web application for real-time  communication and collaboration, just a year after its launch. Wave has simply not seen the user adoption rates Google required.

However, writing in his blog for the Harvard Business Review, Karim R. Lakhani, argues that Google made “exactly the right move and provides some very important lessons for managing innovation in both small and large organizations.” He adds:

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June 13, 2010

oil spills: prediction and risk assessment (again)

Filed under: TOK meets global citizenship — Tags: , , , , , , — Eileen Dombrowski @ 10:51 pm

photo: oiled bird, June 7, 2010. uploaded by Louisiana Sierra Club

We may not (yet) be able to predict earthquakes or volcanoes.  Similarly, we cannot predict oil spills.  Yet past records tell us that it is extremely likely that they will occur again.  As we discuss in TOK our knowledge based on past experience and research, we are treating justifications for predictions of possible or likely futures.  We can also demonstrate that TOK thinking is not simply intellectual exercise: it has implications for how we might act now to influence the future and our lives within it.

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June 1, 2010

Turkey diaries 10: prediction and risk

Filed under: TOK meets global citizenship — Tags: , — Eileen Dombrowski @ 8:19 pm

from Bodrum to Selcuk, May 17

Our bus pulls into the Aydin otogar.  We climb out, alive and relieved to be so.

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May 20, 2010

Airlines in the dirty air of financial turbulence

The external environment can be very damaging to countries and the businesses within them. As fears grow in Europe of financial meltdown with the Greek crisis triggering possible multiple state insolvencies from Portugal to the Baltic, the commercial risks to businesses operating in such troubled times are growing. Add ‘acts of God’ and volcanic ash to man-made disasters, and the brew can be very toxic.

For businesses and their stakeholders, external factors are simply uncontrollable and often unpredictable. It is in extreme times, like those we are currently experiencing, when risk management is crucial. Those firms (and countries) that lack contingency plans and robust control systems are at severe risk. However, it is unlikely that any contingency plan, however well thought through, can identify and mitigate all possible risks.

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