A report to identify operational risk failures of the Fukushima Essay

A report to identify operational risk failures of the Fukushima nuclear disaster - Essay Example For the entire extensive fact, it offers what the report cannot completely convey - specifically to a worldwide onlookers - is the approach that reinforced the laxity behind this tragedy. What ought to be acknowledged - very excruciatingly - is that the disaster was "occasioned in Japan." Rendering to ICANPS website, its essential roots are to be established in the entrenched customs of Japanese ethnicity: their reflexive obedience, their hesitance to question authority, their devoutness to abiding with the schedule, their groupism, and their insularity. The TEPCO and government were unsuccessful in preventing the tragedy not because a big tsunami was unexpected, but since they were unwilling to invest effort, money and time in shielding against a natural tragedy reflected as unlikely. The regulatory and utility bodies were excessively self-assured that events a far from the latitude of their suppositions would not transpire and were not conscious that assesses to avoid the severest situation were truly full of cracks. TEPCO had actually pondered in on an assessment concerning earthquake threat and inquired the government to essentially underplay the probability of a tidal wave in the area, an interim report said. The board's report criticized an insufficient legal structure for nuclear disaster management, emergency-command confusion triggered by the TEPCO and government, and conceivable excess interfering on the involvement from prime minister's bureau in the initial phase of the predicament. The board settled that a background of complacency concerning nuclear welfare and poor disaster management steered towards the nuclear catastrophe. This was according to ICANPS official website. Japanese officials overlooked the threats of a nuclear calamity since they believed in the 'myth of atomic safety', such as the idea that serious calamities do not take place at nuclear-powered enclosures in Japan. The essential problem falls in the point that functionalities, to gether with TEPCO (Tokyo Electric Power), and the regime failed to perceive the risk as reality. The interim report also articulated that TEPCO and the government believed the 'idea that severe misfortunes do not ensue at nuclear enclosures in their country'. "Since the administration and the energy utilities, as well as TEPCO, were prejudiced by the security myth, reasoning they would certainly not ever encounter such a severe calamity, they were notable to apprehend that such a catastrophe might occur in actuality. The panel declared in its concluding report that this seemed to remain as the essential problem. TEPCO therefore failed to warm up for sufficient tsunami safeguards or disaster management measures to cope with a base blackout. The board's report revealed that the Fukushima catastrophe arose because persons did not grasp the effect of natural cataclysms seriously. Yotaro Hatamura, an engineer professor at the University of Tokyo who oversaw the commission, expressed in a news session that even although there existed new discoveries about the threat of a tidal wave, TEPCO might not have seen it since people are visionless to anything they do not plan to see. This was according to Asian News International article. The board proposed that post-Fukushima protection steps put in place

Issues in Global Businesses and Consultancies Essay

Issues in Global Businesses and Consultancies - Essay Example The underlying transactions assume various forms and as such, they relate to each other. Those businesses that undertake trade involving imports and exports as well as those that undertake foreign direct investment are referred to as primary global businesses (Hill 2008). Usually, foreign direct investments businesses exist in various forms, that is; subsidiaries, which are owned wholly; and joint ventures. Other forms of global businesses and consultancies include licensing, contract management and franchising global businesses. Just as the definition holds out, the key tenet associated with global businesses is satisfaction. A global business is just like any other local business since the basic principles of a business apply. The difference comes from the application of thaw global business, its complexity as well as the intensity. These aspects vary substantially (Hill 2008). For a global business to operate across several borders, an organization ought to ensure that it adheres to international standards and laws and as such, the organization must incorporate them into their planning process and decision making. However, global businesses and consultancies do experience challenges arising out of the environmental factors. Since these businesses operate across national borders, there are some constraints and some frequent conflicts that are brought about by the different laws, societies as well as cultures (Hill 2008). A good example of a global business and consultancy is GlaxoSmithKline, a British multinational business dealing with pharmaceuticals, vaccines, biologics as well as consumer healthcare. Thesis Statement With reference to GlaxoSmithKline Company, this paper will critically analyze the issues facing global businesses and consultancies and... Global businesses, particularly those operating within the pharmaceutical industry such as GlaxoSmithKline Company do experience both internal issues as well as issues within the industry. Global businesses and consultancies do experience challenges arising out of the environmental factors. Since these businesses operate across national borders, there are some constraints and some frequent conflicts that are brought about by the different laws, societies as well as cultures. Such issues include; new consumers in emerging markets, switching to more specialized products and services, salaries and wages of the employees of the global business, growth of the pertinent power, limited number of blockbusters and smaller budgets, changing relationships with health care practitioners, the digital World, nature of conversations as well as issues associate with inflation. A Global business, regardless of the industry it operates within, must establish ways to contain issues as if left to the su rface, a company may end fatally. They may seem insignificant but according to the recent research studies, it has been found that indeed they have adverse effects.