When does one use or disclose information?

Often, one has information but doesn’t act immediately, or require others to act on it immediately.  But there have been several instances of the government sitting on information that later turns out was really important.  Is this just not recognizing the risk?  Would they have done anything differently?

“FAA Was Slow to Act On Engine Warning,” The Wall Street Journal, May 21, 2018 B1.  FAA (and the airline industry)  knew of the potential for engine blades to crack for 2 years.  The manufacturer increased inspections. Then one blade cracked, destroying an engine and killing a passenger on the Southwest airlines flight in April.

This seems to link Governance (Who was responsible for deciding that the risk was adequately managed?) and Information (Did everyone have the same level of information?).  Is there also a Compliance vector?  The airlines were complying with government directions.

And how much does the flying public rely on the government to take care of such things?

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Filed under Governance, Protect assets, Reliance, Risk assessment, Who is in charge?

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