Whenever a desired result is achieved by the cooperation of many independent persons,
its existence as a fact is a pure consequence of the precursive faith in one another of
those immediately concerned. A government, an army, a commercial system, a ship,
a college, an athletic team, all exist on this condition, without which not only is nothing
achieved, but nothing is even attempted.
"The Management of Mergers and Acquisitions is far away from the perfect, polished presentations of the merchant bankers in which value creation is all too often just the result of a well-executed PowerPoint presentation.
Philippe Very takes us into the real world where management is the key word - management of the expected and the unexpected, of rationality and emotions, of processes and people. He combines the expertise of the researcher with live business cases.
"The Management of Mergers and Acquisitions is far away from the perfect, polished presentations of the merchant bankers in which value creation is all too often just the result of a well-executed PowerPoint presentation. Philippe Very takes us into the real world where management is the key word - management of the expected and the unexpected, of rationality and emotions, of processes and people. He combines the expertise of the researcher with live business cases.
Second, it should not be forgot that several neuroprotectant have failed not because
they lacked efficacy, but because they revealed unexpected side effects. Many NMDAreceptor
antagonists were discarded because in clinical trials they showed psychedelic
unwanted effects. Tirilazad, an antioxidant belonging to the “lazaroid” class of
antioxidants, unexpectedly worsened outcome of ischemic stroke, a fact very likely
explained by some unexpected toxic action(s) that offset its neuroprotective ability.
In the case of unexpected inflation, the interpretation of their results is quite intuitive:
news on inflation is correlated with news on future earnings prospects and/or required returns.
For example, an unexpected rise in inflation may raise the risk of countercyclical monetary
policy, which is likely to reduce expected real earnings growth and/or raise investors’ discount
The topic of business process outsourcing (BPO) has become controversial
and the subject of a great deal of media attention over the past year. As
an executive who has been using outsourcing as a business strategy for more
than a decade, the recent upsurge in interest in the topic was unexpected. Perhaps
the fact that 2004 is an election year has something to do with it. Or
maybe, as the authors point out, the convergence of a number of social and
technological factors has only recently made BPO an option for organizations
of nearly any size....
Usually any requirement that the contractor should shoulder all or most
risks arises because the employer prefers to have a fixed financial commit-
ment, or because he has only a limited allocation of funds which he has
no authority to exceed. Some overseas governments will not authorize any
expenditure above the tendered sum. This fixing of the price and placing all
or most of the risks on the contractor can be expected to lead to generally high
Solution: Lead your team in a different way. Think of your project team differently from how you think
of your department. Reduce your role to that of monitor. Watch the budget and the schedule, and ensure
that your team comes through; be available to solve problems that your team wants you to solve. For
some projects, you may need to work on the same level as your team because of deadline pressures,
lack of people on your team, or unexpected problems and delays. But step in only if your team needs
you, not because you assume that’s always the best way to proceed.
Historians, scientists, and researchers have been fascinated by the diaphragm for many
centuries. Homer first described Trojan War battle wounds with reference to the diaphragm
in the 9th century B.C. From 500-430 B.C., Empedocles of Agrigentum was one of the first
people to study the physiology of respiration. In this early period of medical knowledge,
however, the purpose of the diaphragm bewildered scientists. Hippocrates observed the
diaphragm’s inherent fragility and thinness that caused it to throb at any instance of
unexpected joy or sorrow.
At KPMG, we encourage businesses to understand this
system of forces; we help them assess the implications
for their own organizations and to devise strategies for
managing the risks and harnessing the opportunities. We
can never know the future. But it is good business sense to
be prepared for the possibilities: to expect the unexpected.
This report cannot provide all the answers, and does not
set out to, but it does suggest approaches that we believe
will help to build business value in a changing world.
Determine what you need to get the job done correctly, on time, and on budget. It is not a
bad idea to build in a safety margin here. This is often referred to as "padding". For
instance, one might multiply the estimated time to complete a task/project by say 20% to
allow for additional time to deal with unexpected occurrences. The amount of padding
usually depends on the certainty one has as to how effectively the resources can be used.
One should keep padding to a minimum.
Once the requirements have been set, it is important to verify that...
A new, single-use bacterial ﬁlter and angle piece ⁄ catheter mount must
be used for each patient. It is important that these are checked for patency
and ﬂow, both visually and by ensuring gas ﬂow through the whole
assembly when connected to the breathing system, as described below.
Check that the appropriate laryngoscopes are available and function
reliably. Equipment for the management of the anticipated or unexpected
difﬁcult airway must be available and checked regularly in accordance with
departmental policies .
Fire is always unexpected. Preparing for it shouldn’t be. Responding to a
fire requires quick decisions and fast actions in a setting that can be loud, smoky,
dark, and hot. Lives and property can be saved by being prepared before fire
strikes. The Seattle Fire Code and Washington State Law establish fire safety
regulations for multi-residential housing. These rules require property owners to
develop a fire emergency guide for tenants. They also require that tenants be
informed about the fire protection equipment in the building....
Establish a clear network access control policy.
It is often the case that the administrators of grid resources are not the same individuals as
those of site access control systems (e.g. firewalls). Consequently, it is important for the
reliability and availability of grid services that the connectivity requirements are properly
communicated and agreed by the network managers. This will reduce the likelihood of ports
being closed unexpectedly and facilitate the proper monitoring of traffic.