I told you so

If you’re told of a risk of failure, but discount it, you can be in real trouble if the warned-of-risk happens.

“Company Was Told Of Risks To Dam,” The Wall Street Journal, February 7, 2019 A1.  Report from months before dam collapse warned of those risks.  Report was from an independent safety inspector who also acted as a consultant for the company.  No conflict there, apparently.

Who do you get your information from?  Were you right to continue to operate in light of the risk?  Was your decision reasonable, when viewed in hindsight after 150 people are killed?

Information (risks are information, too) and Governance (did you use the information correctly?) and Compliance (is a safety inspector still independent if you’re also using them as a consultant?).

 

Leave a comment

Filed under Theme One: Information, Theme Three: Compliance, Theme Two: Governance

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s