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In volatile environments, plans can quickly become out-of-date.
In volatile environments, employees need the freedom to act quickly and the data to act intelligently.
Success in volatile environments requires learning how to apply data compassionately in response to new opportunities and risks.
Typically, our pupils dilate when we take in new information, and this dilation increases in volatile environments.
Distributed layout, on the other hand, are recommended in volatile environments where product demand and mix are changing very rapidly.
The findings, based on three years of field work in Afghanistan, Somalia, South Sudan and Syria, emerged from the secure access in volatile environments (Save) project, funded by the Department for International Development and undertaken by the Humanitarian Outcomes consultancy and the Global Public Policy Institute, a Berlin-based thinktank.
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Concentrated ownership works better in highly volatile environments, where rapid change and external forces make it difficult for public shareholders to monitor and judge the performance of managers.
Manufacturing systems that produce multiple components and function in highly volatile environments are increasingly challenged to meet consistently high levels of operational efficiency and flexibility.
Another aspect of facility design prescribed to address the challenges of meeting high operational efficiency and flexibility in highly volatile environments is dynamic system reconfiguration (DSR).
However, there is an emerging consensus that these layout types are not suitable for factories where multiple components are produced in highly volatile environments (Benjaafar et al. 2002).
Moreover, negative consequences are possible in such volatile environments.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com