All 2 entries tagged Knowledge-Based Asset Management

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June 12, 2014

Health and Safety Management

Even though for the most of the developed countries health and safety of employees are guaranteed by labour policies and regulations, companies, which believe that these regulations bring extra overhead to the companies, sometimes attempt to go around these procedures. However, for the multinational companies these flies in the ointment might be huge problems over time, especially publicly traded companies, because the future of the organization can be knife on the edge regarding to investors perspective of view.

On the other hand, safety should be first priority during the every operation within company, because sometimes there is no recovery. Also these rules should be deployed by every member of organization, because in order to achieve the consistency in safety, every stakeholders' involvement is crucial, including board of directors.

Lastly, if you are staying off-campus or using the main entrance road to campus, there is big construction going on right now. The extension of WBS is being constructed by some companies, and I look every day at the safety equipment in the, such as bars, flat caps, etc. when I am at the bus. Even though they do not build high rise building, there have more safety equipment than I expected. It is easy to look around easily on the upper deck of busses.


June 09, 2014

Trade–off between productivity and health & safety issues within company

Writing about web page http://en.wikipedia.org/wiki/Soma_mine_disaster#International

We are in an era of consumption. Even though we all have come across with 2008 financial crises and have seen its disastrous results, it doesn’t either stem the increasing consumption or foster savings. There are lots of reasons that boost up consumption; therefore, let’s summarize the issues under the idea of bloody capitalism. 

Today, we all have seen the some examples of industrial accidents in the documentary. I believe that they might be the only ones that are noticed by people, there should be plenty of them that could be under investigation or closed by third parties in order to continue what they were doing in the past, because everybody recognized that an idle factory is the organization losing money. Over time people get into the habit of ignoring some safety regulations to prevent utilizing the time, and then they sometimes convince themselves by benchmarking with other competitors which neglect these safety procedures too, and finally they really believe that it was the appropriate way of handling that task. According to this perspective, these safety signs, equipment, training don’t matter, because they consider occupational accidents as a destiny, which I strongly disagree.

301 people were killed on 13th May of 2014 due to fire in the coal mine, which was the worst mine disaster in my homeland’s history. Although the file is still under investigation, the company, held by private equity, announced how they cut the costs from 140$ to 24$ and achieve enormous productivity, after they have taken over the mine from government. Was it worth it?

The company should pay more attention and allocate more resources than other activities, because there are some moments in peoples’ lives that don’t have any recovery or repetition.

“Destiny is not a matter of chance; it is a matter of choice. It is not a thing to be waited for, it is a thing to be achieved.”

-William Jennings Bryan


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