Question: HW03-How to Avoid Catastrophe.pdf Read the attached article and answer these questions: 1. How do we usually misinterpret near misses? 2. What are the cognitive

HW03-How to Avoid Catastrophe.pdf

Read the attached article and answer these questions:

1. How do we usually misinterpret near misses?

2. What are the cognitive biases which help managers to ignore near misses? Briefly explain.

3. Do you agree with the author when he objects to the phrase: "You cannot argue with success"? Briefly discuss.

4. How does the combination of latent error and enabling conditions lead to a great failure?

5. In addition to the examples in the article, name two other failures/disasters and show their latent error and enabling conditions.

6. Briefly describe the seven strategies to recognize near misses and root out the latent errors behind them. Discuss how practical these strategies could be

"How to Avoid Catastrophe"

By: C. H. Tinsley, R. L. Dillon, and P. M. Madsen

Harvard Business Review, Apr2011, Vol. 89 Issue 4, p90-97

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Question: What as the average weekly safety inventory level of refined sugar from the beginning January 2022 to the end of July 2022? A. 512,465.9691 metric tons per week B. 316,002.1474 metric tons...

Providing Quality School-Based Learning and Support Services 239 Chapter 6 Language and literacy support Your core task The core task of almost all TAs is to support students language and literacy...

Let A, B be sets. Define: (a) the Cartesian product (A B) (b) the set of relations R between A and B (c) the identity relation A on the set A [3 marks] Suppose S, T are relations between A and B, and...

Describe how you plan to allocate your budget to each promotional activity. Provide a brief rationale. First, when developing a marketing budget plan, you want to start with the total budget...

1. What does the position of enterprise architect entail? What qualifications or experiences would you think a good enterprise architect should have? Support your answer with examples from the case....

What are the differences between tangible goods and intangible services?

Outline the four basic components of drives according to Freud.

A 0.25-m3 insulated pistoncylinder device initially contains 0.7 kg of air at 20°C. At this state, the piston is free to move. Now air at 500 kPa and 70°C is allowed to enter the cylinder...

Exercise 17-1 Saddle Inc. has two types of handbags: standard and custom. The controller has decided to use a plantwide overhead rate based on direct labor costs. The president has heard of...

21. A company, having different sales prices for the same item, has implemented: Price gouging Multiple price levels Varied pricing Percentage of cost pricing Question 22. 22. If merchandise is...

What is the recommended way of importing multiple secrets into the HashiCorp Vault? Inline, with the '-' at the end of the put Importing a JSON file with the @ operator Redirecting a JSON file as...

Multi Enterprises Ltd. is a Canadian-controlled private corporation whose fiscal period coincides with the calendar year. For the year 2021, the company's taxable income was calculated as follows:...

statements. The adjusted trial balance amounts at June 30 are shown below. Cash Accounts Receivable Prepaid Rent Supplies Equipment Dividends Debit Credit $ 6,700 Accumulated Depreciation-Equipment $...

3. Suppose each person in a large statistics class (enrollment 1000 students) rolls a die 60 times and counts the number of times they roll an ace (one dot). (a) For each person, the total number of...

Grand Corporation reported pretax book income of $805,000. Tax depreciation exceeded book depreciation by $535,000. In addition, the company received $330,000 of tax-exempt municipal bond interest....

Which of the following statements best describes the sign (positive or negative) on depreciation expense? The sign on depreciation is positive because depreciation lowers the tax liability of the...

What is the difference between the straight-line method of depreciation and the written down value method? Which method is more appropriate for reporting earnings?

=+memory for events that occurred in their late teens and early 20s than for earlier or later events. What might be the explanation of this effect?

=+who studies fish), who was the first president of Stanford University. He tried to remember the names of all the students but found that whenever

=+discussed earlier in this chapter, how would one have to study to make this an effective procedure? Would this be a reasonable way to study for an exam?