EM1M

 Wicked Problems faced by modern cities people Problem 1 - Traffic Congestion (Alvin Ting Sing Ngie TP070429) Traffic congestion remains a common problem in modern cities, severely impacting residents’ daily lives. Residents often report longer commutes, increased stress, and a lower overall quality of life due to increased traffic volume. Many city dwellers are frustrated by the inadequacy and inefficiency of public transportation systems, which often fail to meet the needs of growing populations (Petit, 2021) . Surveys and interviews highlight the impact of this congestion on the environment, noting that the large number of vehicles on the road contributes to high pollution and greenhouse gas emissions. Furthermore, urban sprawl exacerbates the problem, as the expansion of urban areas forces more residents to rely on cars for their daily transportation needs. This reliance on private cars further exacerbates traffic congestion and environmental degradation (Rodrigue, 2024). Feedb...

Introduction Culture in business (Braxton Choo Ying Shun TP079069) In today's globalized economy, understanding and incorporating culture into business operations is a key of success for a business. Culture refers to a group's common values, beliefs, practices, and habits, which influence how business is conducted and viewed (Wong, 2024). It influences communication, decision-making, leadership styles, and customer relations. Strong cultural awareness may improve collaboration, encourage creativity, and develop stakeholder trust. Businesses that appreciate and adapt to cultural differences are better positioned to enter worldwide markets, manage diverse workforces, and achieve long-term success (Daley, 2024). Embracing cultural diversity not only provides a competitive advantage, but it also improves the corporate climate by encouraging inclusivity and resilience in an ever-changing global landscape. Why is Culture Important?  Improve Employee Engagement and Retention  (Alvin ...

The Basics of Venturing - Effectuation in Action Can effectuation also be used in companies? Or is it useful only for entrepreneurship? (Alvin Ting Sing Ngie TP070429 / Braxton) Yes, effectuation can be used in companies. Companies can effectively use effectuation to promote innovation, promote internal entrepreneurship, manage risks and establish strategic alliances. Companies can start with existing resources by using effectuation and focus on affordable losses to achieve more effective exploration of new markets and development of new products. This allows the company to conduct small-scale experiments and iterative development. The company can use the effectuation to reduce the risk of large initial investments and also allow the company to quickly adapt to customer needs and market trends. During market crises, effectuation can help companies manage their risks by focusing existing resources on controllable aspects, thus avoiding large and uncertain investments. In addition, ef...

 Week 4 How and where to get good ideas HOW: 1) Research and reading (Braxton Choo Ying Shun TP079069) Research and reading are fundamental tools for creating good ideas. By immersing ourselves into diverse sources of information, we can significantly expand our knowledge base, which is essential for creative thinking. Reading books, articles, and research papers provides exposure to a wide array of perspectives, ideas, and new insights. The process of continuous learning helps us stay abreast of the latest trends, breakthroughs, and methodologies in their field. Moreover, thorough research allows for a deeper understanding of complex topics. It encourages critical thinking and the ability to draw connections between seemingly unrelated concepts (Legitwriting, 2023). This analytical approach is crucial for idea generation, as it enables the synthesis of new solutions from existing information. In addition, reading widely across different genres and subjects can lead to interdiscipl...