...Smartdrones Drones are generally autonomous, generally flying robots that carry out various tasks, whatever is designated by their owner or their programmer. We have seen a rise in drones operating in many fields of both service and industry, and I believe in twenty years these drones will be just about everywhere. There have been several attempts to bring the social network, and really the online experience as a whole, into a new platform. Whereas now, just about everybody has a phone, in two decades I think just about everyone will have a personal drone. It will likely have a sort of holographic projection that will connect to everybody, or only those who you choose. It will carry your information if you wish, possibly your finances, and there will be thousands of ways to customize its appearance. It might be asked, couldn’t somebody snatch your drone and steal everything? My answer to that is in twenty years’ time, we will see a major increase in cyber and personal security alongside development of these drones. The assimilation of personal drones into our lives will have a massive impact in our lives. The greatest change will be a social change. We have already seen how smartphones, while incredibly useful for myriad reasons, created barriers between people. While improving our ability to communicate with our friends and to the entire world, the apps and flash player games gave everybody an excuse to ignore everyone and everything around us. Why talk to a stranger on...
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...Your Final Project for this course will be a virtual time capsule. A time capsule is a grouping of items for future discovery. For our purposes, we will imagine that our time capsule will be buried at the end of the course and opened 100 years later. The goal of our capsule is to provide an overview of what you believe future generations should remember about the twentieth and early twenty-first centuries. The project can be composed in Microsoft Word or Powerpoint. It can include multimedia if you wish. It should include the following eight parts: 1.A letter of introduction to tell someone in the future about your day-to-day life. What is your daily experience? Tell this person about your habits, your customs, your feelings about our present time, and your dreams for the future. 2.An example of morality and decision-making in current culture in 100 words or more. 3.Your definition of happiness in 100 words or more, including how you came to this view. Next, you will also choose an artifact for each of the following areas (4-8). You will explain the item in one paragraph, giving it context, and describing it. Then spend at least one paragraph justifying its inclusion in the time capsule: Why is this item worth preserving for the future, and what does it communicate about our culture today? Why this object above all the other possibilities? 4.A significant literary work (poem, short story, play, or novel.) 5.A significant example of art or architecture. 6.A significant...
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...Foresight C Implications for UNIDO D Q & A, Discussion UNIDO 5 December 2007 / Dr. Frank Ruff 2 Why Corporate Foresight? History of Future Studies/Foresight Foresight embedded in enterprises First Think Tanks in enterprises (e.g. Shell, Toyota, Daimler-Benz) Corporate Foresight: Innovation and Technology Analysis Establishment of new (e.g. Daimler-Benz, variants and diffusion Siemens, Philips) of concepts of future studies and analysis Consumer and marketing-oriented trend research Future Consulting (e.g. Z_Punkt) Emergence of systematic resp. scientific future studies Journalists/Entrepreneurs/Expert-Networks/Consulting Warning future studies „Doom-Saying“ (e.g. Club of Rome, Robert Jungk) Economic and political future studies (e.g. Faith Popcorn, (e.g. Alvin Toffler, Trendbüro, John Naisbitt, Dan Coates, PROGNOS) Matthias Horx) „Premodern future view“ Delphic oracle Spiritual and religious foresight Outsider (e.g. Nostredamus) State-run/scientific/supranational institutions Military futurologic research MIT) Technology assessment Economic, political, Science and Technology resource-oriented (e.g. RAND Corporation, Forecasting (e.g. Delphi future research (e.g. UN studies,offices for technology Millenium Project, assessment) OECD, political Think Tanks) Foresight (e.g. EU projects, Regional Foresight FUTUR Dialogue) Modern Age 1940-1960 1970 1990 2000 1980 Medieval Age Antiquity © Dr. Frank Ruff, DaimlerChrysler AG, Society...
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...Critique the prioritizing process at D.D. Williamson D.D. Williamson’s prioritizing process started off not good but once they realized their mistakes they were able to sit down and rethink their prioritizing process. As mentioned, “We took three years and two iterations of our prioritization process to finally settle on an approach that dramatically increased our success rate on critical projects (now called VIPs, or “Vision Impact Projects”). ( Kloppenborg, Nkomo, Fottler, McAfee, 2012) Even though it took them a minimum of three years they realized their mistakes and were able to overcome their negatives results and turn those results into a negative. Not all projects will be successful or even start off successful, but D.D. Williamson never allowed their unsuccessfulness to prevent them from continuing on with their projects. D.D. Williamson showed enough loyalty to their employees to know that they were overwhelmed on the number of projects they had on the table they “hired a continuous improvement manager to serve as both our project office and a key resource for project facilitation.” ( pg 48) In my opinion, D.D. Williamson showed a high level of professionalism when they brought on additional employees for their company. With that being said they were able to increase their success rate to sixty percent and that was higher than the previous year. Suggest at least one (1) recommendation to improve prioritizing process. hin the 1970s with the...
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...revenue by 15 percent compared to last year, there is many uncertainty and ambiguity regarding the future of the company due to political reasons. The expectations of the people related to the near future are eliminating all kinds of possible investments and as a result the quantity of work and projects have decreased. Venezuela is experiencing a really tough political and economic situation which is leading the most important investors to leave the country and establish somewhere else. In order for SOILTECH to keep their annual revenue increasing in the next 50 years, the executive board should evaluate the possibility of globalizing the company by expanding it to countries in the American Continent such as Brazil, which has been experiencing a very high level of growth in the last few years. By expanding SOILTECH to other countries in America, the company will be able to increase its revenues and at the same time decrease the risk of being only established at an uncertain location such as Venezuela. By merging this company to another well-known company internationally, SOILTECH would have the opportunity to make new networks and at the same time show to the demanding people that this corporation is completely reliable and that any future project would be satisfactorily done. The idea of globalizing the corporation is risky and demands a lot of investments; however, it is a project that...
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...Advances In Medical Technology: What Does The Future Hold? ScienceDaily (June 16, 2009) — Major challenges and opportunities will arise in the health sector in the future. Research in technology that can be applied to this sector is being carried out by several UPC teams. [pic] Although sophisticated medical technology is already available in health systems in developed countries, further advances are constantly being made. As a result of the addition of medical nanotechnology to existing knowledge of molecular and cellular biology, it seems likely that new, more personalised, more accurate and more rapid diagnostic techniques will be devised in the future, as well as new treatments that are also more personalised and promote regeneration of the organism. Clearly, as areas of research such as biomaterials or tissue engineering are developed for use in regenerative medicine, the range of opportunities will increase dramatically. Josep Anton Planell, the director of the Institute for Bioengineering of Catalonia (IBEC), which was formed by the UB, the UPC and the Generalitat (Government of Catalonia) and has its headquarters in Barcelona Science Park, considers that “in the future, it will be possible to design intelligent biomaterials that, when placed where damaged tissue needs to be regenerated, will be able to stimulate the stem cells to do what we want them to do”. However, more knowledge is needed to perfect the process. He states, “We are beginning to understand which...
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...Definition Resource you used Time value of money Is the idea that money available at a present time is worth a lot more then the amount that its is in the future due to the “potential earning capacity”. The core principle of finance is provided money is able to earn interest and any money received sooner is worth more. Investopedia - Time Value of Money - TVM. (2014). Retrieved from http://www.investopedia.com/terms/t/timevalueofmoney.asp Efficient market Is a market that prices will quicky respond when there is an announcement of any kind of new information. Textbook. Primary versus secondary market Risk-return tradeoff Agency (principal and agent problems) Market information and security prices and information asymmetry Agile and lean principles Return on investment Cash flow and a source of value Project management Outsourcing and offshoring Inventory turnover Just-in-time inventory (JIT) Vender managed inventory (VMI) Forecasting and demand management University of Phoenix Material Definitions Define the following terms using your text or other resources. Cite all resources consistent with APA guidelines. Term Definition Resource you used Time value of money Is the idea that money available at a present time is worth a lot more then the amount that its is in the future due to the “potential earning capacity”. The core principle of finance is provided money is able to earn interest and any money received sooner is worth...
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...expenditures that need be made. With an accurate forecast, it is possible for a company to maintain adequate cash levels that helps the company meet its financial obligations such as timely payment of payable accounts and payroll (Alice, 2009). However, financial forecasting is bound with challenges due to circumstances that are difficult to predict. Therefore, due to these challenges, actual financial results are rarely consistent with financial forecasting challenges due reasons that this paper deliberates. First, unpredictable economy is the major challenge. For all companies, the strength and weaknesses of the economy does affect their sales. This is because consumers and business tend to spend depending on the confidence they have for the future (Alice, 2009). With a weak economy, there is usually a downturn in confidence amongst businesses and consumers. This consequently reduce their thrill for spending. Therefore, company sales consequently reduces leading to flaws in financial forecast for the company. This is despite the companies having enough economists in their staff who often find it difficult to predict direction of economy at any point in time. Secondly, unknown competitive threats are another major challenge in financial forecasting. Unless where there is information eavesdropping, which is illegal, a company rarely knows the strategic decisions its competitors are contemplating. Any of these decisions may end up becoming a threat to the company’s position in the market...
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...Achieving project outcomes within agreed time-scales, budget and resources it very important because it will allow the project to be well organised and successful. They are both negative and positive impacts if these project are not achieved within the agreed time-scale, budget and resources. Time-frame for the fashion show if we are able to achieve our objective within the time scale this would be a huge impact for the fashion show because the quality of the fashion show would be well organised and we would be on track with everything we need to do. Because everything would be in place and well organised , there would be less delays with the project and we would also be ready to get everything on time that we need for the fashion show. This will allow the quality of the fashion to be well planned. If the fashion show is in a good hand with lack of delays, the experience that we have gained for the fashion show it can be used for the next fashion show in the future. However if we do not complete the project within the agreed time-frame. This could cause delay of the project and allowing the project to be rushed and we would not be ready to get everything we need for the fashion show. On the other hand this would have a huge impact on the quality of the project which will allow the quality of the fashion to be poor. For us not completing the project within the agreed time-frame this could have a huge impact on us getting feedback from other student who attended the show...
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...Reflecting on Your “Personal-Best Leadership” Project For each of the five practices in the book (Chapters 4 through 8): * Describe your current efforts to implement the five practices of the Leadership Challenge * Specify what you and/or your organization should be doing to fully implement the five practices * Report the results by describing what went right and why, or what went wrong and why. What would you do differently? Model The Way (Chapter 4) Inspire A Shared Vision (Chapter 5) Challenge The Process (Chapter 6) Enable Others To Act (Chapter 7) Encourage The Heart (Chapter 8) With the establishment of the Centre of Excellence concept within the Mantrac Business Group the organization entered into the establishment of a matrix management structure adding this onto the existing divisional and functional structures that existed. It is with reference to this development and my own role within the Power Systems COE whilst carrying the title manager with the expectations and responsibilities attached to such a position having no direct reports and so my Personal-Best Leadership Project should be viewed in this light and its implementation mindful of this position. Model The Way My first step on becoming an exemplary leader is inward. I looked to examine my past experiences helping me identify the values I use to make decisions amongst the choices that present themselves. I established them as trust, openness and honesty. In order to provide...
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...Objectives In this case the protagonist, Mary Linn, must decide if building a new capesize carrier per request from a client will be a profitable venture for the Ocean Carriers shipping company. Opportunity/Problem | Cost | Anticipated Result | Through looking at the different approaches to this opportunity Mary Linn hopes to find a solution that will allow Ocean Carriers to generate the greatest amount of cash flow. | The cost in this situation is the amount of cash flow Ocean Carriers will receive, or not receive, depending on the approach they choose. | Mary Linn and Ocean Carriers will choose the solution that allows Ocean Carriers to make a profit. If a profit is not possible they will undoubtedly not proceed with the project. | Analysis of the Situation When making the decision on what to do in this case there are a number of very important factors that Mary Linn and the staff at Ocean Carriers will need to take into consideration. First off, they operate in an industry that is very much affected by the economy and the price of commodities. Over 85% of the cargo carried by capesizes is iron ore and coal which means in a good economy the need for capesizes rises...
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...VISUAL ANALYTICS PROJECT (OPIM 5501) Project Report on FUTURE OF CARS Team 3 Project 2 Members: Ankit Agrawal Mownika Chalichama Phanindra Musunuri Long Phan 1. INTRODUCTION AND DATA Future of Cars visualization project shows the story to predict the future generation of cars. Ten years from now, in 2025, cars will be different, the drivers will be different, the market will be different, and the producers will certainly be different. The team believe that these changes will affect billions of people – from soccer moms to automotive executives, from taxi drivers to investment bankers. The data tells us that consumers are demanding greener, safer, more convenient and affordable cars. Most of these new consumers will come from emerging markets like China and India. Consequently, new trends will force car producers to modernize their supply chain, become more competitive and make lighter cars. Moreover, technology will play a huge part in changing the overall automotive landscape. Self-driving cars, car-cab services (Uber, Lyft, etc.), car pooling and the Internet of Cars all seemed like science-fiction will not remain not so long ago. Now many of them have become reality. There were a lot of data available online since countless research is being carried on cars. Major data source was data.gov for example, the website had an entire section on transportation data. Unsurprisingly, cleaning the data took a lot of time. Most of the data came from many different...
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...Besides the benefits from implementing the project, the cost in implementing is also important to be considered. The project would perform well only if we keep eyes on it during all procedures. The appropriate improvement would be proposed during the implementation of project in order to result in better achievement for the company. In conclusion, I would like to note that sales promotion is the element of the promotional mix that is aimed at increasing the volume of products sold via a trial or brand loyalty. The brand loyalty reflects the customer desire to buy the product or service of a given brand and depending on the level of brand loyalty that desire can be different. Sales promotion sends mixed signals with respect to building brand loyalty simply because it is hard to understand the amount of time or products needed to develop a buying habit that reflects brand loyalty. At the same time, sales promotion might be effective in building brand equity, or the existing value and association made by the consumer. Environmental friendly technologies can thus be said to have had a positive effect on motor sports and the world population at large since they have not only reduced pollution thus making the earth a safer place to live but they have also reduced the cost of living. This is in relation to soaring costs of fuel that have characterized the world markets in the recent past. (McKenna, 150-160) Top tier motor sports should therefore be encouraged to implement eco...
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...Weaknesses Could potentially cause poor relationship between competing parties. Reach solution at the expense of others. Time consuming to gain agreement on solution. Mandates effort for all parties involved. Competition Provides a quick resolution. Confront unpopular actions. Collaboration Avoidance The ability to solve initial issue. Builds relationship for future projects. Shared responsibility of resolution. Less stressful because of win-win outcome. Avoids disruption. Buys time to gather thoughts. Failure to reconcile differences of original conflict. Negligence of having a resolution. Temporary solution. Management puts his or her goals on hold so others can achieve their goals. Requires extensive cooperation. Temporary solution. A potential lose-lose situation because parties might not be satisfied. Need for monitoring to ensure that each party lives up to their end of the bargain. Can not be used for complex issues. Accommodation Compromise Allows the ability access the situation from every angle. Preserves future relationships. Ability to prioritize issues that are more important. Efficient resolution. Effective for non complex issues. 2. Which of the available conflict management strategies is most appropriate for the current Conflict Management Plan MGT/311 Version 1 2 situation with David and James? Provide your rationale, including what factors you considered in making your selection...
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...NAME: Chris Brady I. Problems A. Macro 1. The Dim Lighting Co. has to decide whether or not to invest in a major R&D project for new technology. The reason for looking into pursing this is due to the fact of declining profits and not meeting the companies operating capacity targets. The margins and operating targets dropped by 15 percent last year. Jim West has to look into all of the pros and cons of the project that Robert Spinks has presented at the staff meeting. 2. One issue is the company has been underperforming the last two years. It would be an easier decision to invest the $1.2 million for the next two years and $500,000 for the third year. The Mr. West knows that his career at the company depends on the next year profit margin. Without a strong performance he could be no longer employed at Dim Lighting Co. The other idea brought up by Bills Boswell is to purchase newer equipment for the production line which he feels would create an immediate impact on the financial profits for the company, instead of investing in a project that could fail completely. Mr. Sparks stated that it only as a 70% chance of success. B. Micro 1. The last two years had declining profits and operating targets were not met for the last couple years. Mr. West knows that he has to make this trend end and start to make the company profits increase. If the performance doesn’t change he feels that it could lead to himself being released from his services from the company...
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