Management Term Paper on Decision-making Principles

Management on Decision-making Principles - Term Paper Example The New York Times also revealed that the space agencies are worried for the catastrophic shuttle accidents that took place in this decade. It has become a threat for the aeronautics and space research sector. The agencies are estimating the catastrophic failure in fiery gradient to the orbit at 1 in 78. An accident of such a stature would destroy the shuttle and kill the astronauts as well. The most risky period in the flight is the ascent, as during this time the engines run at a hazardously high speed, pressure and temperature. The risk of such grim accidents is high despite the three successful flights even after the Challenger disaster. Risk is a major policy issue that NASA needs to consider for their risk management programs. NASA has already proposed a $25 billion worth of space station for transporting the materials and the astronauts on the shuttle and also for the maintenance work, but the risks associated with the programs still prevails (Broad, 1989). Bloomberg revealed that NASA is planning to launch its most expensive and ambitious Mars mission. This also would not be easy because the complicated design of the rover is very risky and it has been termed as â€Å"seven minutes of terror†, as it takes about 13,000 mph to complete stop. So this is another risky venture of NASA, which is in the process. The latest estimates of risk of NASA suggest that shuttle accidents are likely to occur even before the space station is completed. It is said that if any other incidents or accidents take place after this, it would cripple the space program and the ambitious projects which NASA is planning in near future (Chang, 2012). For funding the space programs NASA has to keep its audience interested in their programs. The company compares its economic and political... The study was designed keeping in mind the management principles that are required for the decision process to reduce various organizational risks. The solution might differ from organization to organization, but the strategic framework or motives are more or less similar. Here the example of NASA has been chosen to capture few decision-making models which they utilize to avert the disasters that are occurring frequently with their space shuttle. These disasters not only result in loss of life, but also wastage of funds and useful resources. The newspaper articles have been referred to, for highlighting the disasters that took place in NASA with relation to their space shuttle. The lives of the astronauts were scarified and government generated funds for such significant and expensive missions were wasted. In the statement of principle the triple risk model of NASA has been explained, along with the RIDM process, which is the decision-making model followed by NASA. It consist of risk analysis, environment analysis and performance management. These models work on the seven principles, based on the theories of strategic management. Though NASA’s projects are designed based on these decision-making models and the principles stated above, but disasters happen due to negligence, which can be only eradicated if the space managers follow the principles of management set within the organization.

One Laptop Per Child (OLPC) Research Paper Example | Topics and Well Written Essays - 500 words - 1

One Laptop Per Child (OLPC) - Research Paper Example   To survive in this competitive world; universalization of education or at least elementary education is very important. Keeping this fact in mind most countries regard the Right to Education as a Fundamental Right. A laptop teaches beyond instructions. It will deliver a whole new world to these children. They would actively engage in learning through doing, sharing knowledge, and this will bring out the best practices in them. A point worth noticing is that if each child gets an access to the computer or a laptop, phenomenal amount of potential can be trapped which may solve a number of problems without much efforts. According to laptop.org In 2002 MIT professor, Nicholas Negroponte experienced first hand how connected laptops transformed the lives of children and their families in a remote Cambodian village. The laptop also called the XO laptop is a small and compact machine serving a huge cause. Size of a textbook, this machine is designed with a unique screen that can withstan d hot and humid conditions. It is easily readable under direct sunlight. It is a boon for children studying outdoors. It has an inbuilt wireless and also provides local language support. The XO laptop has been supplied to a number of countries like Ethiopia, Haiti, Afghanistan, Australia, Cambodia, Mongolia, Rwanda etc. Almost all schools, where XO laptop is supplied have reported an increase in the attendance as the children engage in exploring their own potential to emerge with an incredible power to transform the world.