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Business Early Warning Systems

Patrick J Caragata

A Guide for managers , executives and investors

***. Developing a Transparency, Accountability and Performance Measurement Programme, and
***Tracking the eight common structural and behavioural "footsteps to disaster"
- Ineffective electronic monitoring and poor quality information
- Inadequate back-up or fail-safe systems
- Inadequate funding for an early warning system
- Weak risk standards
- Ignoring risk thresholds
- Ignoring early warning signs
- Inadequate advance screening
- The absence of clear signals

Lessons for developing corporate early warning systems were drawn from the major aviation, commercial, and industrial disasters of the twentieth century:

Titanic Sinking (North Atlantic) (1912)
Hindenburg Zeppelin Explosion (USA) (1937)
Tenerife (Canary Is.) PanAm & KLM Air Collision (1977)
Union Carbide, Bhopal (India) Pesticide Disaster (1984)
Chernobyl (Ukraine) Nuclear Disaster (1986)
Challenger Space Shuttle Explosion (1986)
Exxon-Valdez Oil Spill, Alaska (1989)

and hundreds of other cases.

Paperback, 1999, 382pages, Good condition, name stamped on cover back

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  • Seller location: North Shore, Auckland, NZ

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