Megalomaniac CEOs: Good or bad for company performance?

According to a new study, dominant CEOS, who are powerful figures in the organization as compared to other members of the top management team, drive companies to extremes of performance. Unfortunately for shareholders, the ...

New approach needed to prevent major 'systemic failures'

A Purdue University researcher is proposing development of a new cross-disciplinary approach for analyzing and preventing systemic failures in complex systems that play a role in calamities ranging from huge power blackouts ...

Russia's recent catalogue of space disasters

The failed launch of the unmanned Progress cargo space craft which crashed into Earth instead of delivering supplies to the ISS was the latest in a spate of mishaps in the Russian space programme.

Failures in power grids: Dynamically induced cascades

A reliable functioning of technical infrastructure networks is essential for our modern, high-tech society. Cascading failures, i.e. chain reactions of failures of different infrastructures, are the cause of many failures ...

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