Specific Features of Risk Management in the Industrial and Agricultural Sectors

Chernov, Dmitry; Sornette, Didier

doi:10.1007/978-3-030-25034-8_2

Dmitry Chernov³ &
Didier Sornette³

596 Accesses
3 Citations

Abstract

This subsector includes the following industries according to ISIC Rev. 4:

05—Mining of coal and lignite
06—Extraction of crude petroleum and natural gas
07—Mining of metal ores
08—Other mining and quarrying
09—Mining support service activities
49—Transport via pipelines (we will include this service activity, which is part of the production process of many energy companies, in the subchapter)
50—Water transportation of energy-related substances by tankers (as with pipeline transportation, we will include tanker transportation in this subchapter)

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Notes

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Marcel Metze, The Planta-affair, 1960, Nofota History Project, http://www.nofota.info/the-planta-affair/
181.
Mirjam Gulmans, Femke Veltman, De Planta-affaire, Dodelijke slachtoffers door onschuldig pakje margarine, http://anderetijden.nl/aflevering/124/De-Planta-affaire
182.
Peter Anthonissen, Crisis Communication: Practical PR Strategies for Reputation Management & Company Survival, Kogan Page Publishers, 2008, p.19
183.
Dennis A. Gioia, Pinto Fires. In Trevino, L. & Nelson, K. Managing Business Ethics: Straight Talk, About How To Do It Right, Wiley, 1995, pp.80–84
184.
Peter Wyden, The unknown Iacocca, Morrow, 1987, p.238
185.
E.S. Grush and C.S. Saundy, Fatalities Associated With Crash Induced Fuel Leakage and Fires, Ford Motor Company, Environmental and Safety Engineering, 1973
186.
Peter Wyden, The unknown Iacocca, Morrow, 1987, p.238
187.
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188.
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189.
Sharra L. Vostral, Rely and Toxic Shock Syndrome: A Technological Health Crisis, Yale Journal of Biology and Medicine, 84(4), 2011, pp. 447–459
190.
Michael Regester, Judy Larkin, Risk issues and crisis management: a casebook of best practice, 2005, third ed., p.63
191.
Reinhard Angelmar, The rise and fall of Baycol/Lipobay, Journal of Medical Marketing, 2007, Vol. 7, pp. 77–88
192.
Alex Berenson, Gardiner Harris, Barry Meier And Andrew Pollack, Despite Warnings, Drug Giant Took Long Path to Vioxx Recall, November 14, 2004
193.
Marcia Angell, Your Dangerous Drugstore, New York Review of Books, 2006, 53(10), pp. 38–40
194.
Gardiner Harris, Alex Berenson, 10 Voters on Panel Backing Pain Pills Had Industry Ties, The New York Times, February 25, 2005
195.
Christine Lagorio, Merck Knew Vioxx Dangers In 2000, The Associated Press, June 22, 2005
196.
David J. Graham, Risk of acute myocardial infarction and sudden cardiac death in patients treated with COX-2 selective and non-selective NSAIDs, FDA internal memorandum, September 30, 2004, http://www.fda.gov/downloads/drugs/drugsafety/postmarketdrugsafetyinformationforpatientsandproviders/ucm106880.pdf
197.
Questions and Answers FDA Regulatory Actions for the COX-2 Selective and Non-Selective Non-Steroidal Anti-inflammatory drugs (NSAIDs), US Food and Drug Administration, April 2005
198.
Damon Darlin, Dell Recalls Batteries Because of Fire Threat, The New York Times, August 14, 2006
199.
Yuri Kageyama, Sony Apologizes for Battery Recall The Associated Press, October 24, 2006
200.
Dmitry Chernov and Didier Sornette, Man-made catastrophes and risk information concealment (25 case studies of major disasters and human fallibility), Springer, 2016
201.
Miguel Helft, Apple Acknowledges Flaw in iPhone Signal Meter, The New York Times, July 2, 2010
202.
This case is studied in detail in chap. 2.4.2 of Dmitry Chernov and Didier Sornette, Man-made catastrophes and risk information concealment (25 case studies of major disasters and human fallibility), Springer, 2016
203.
David Connett, Volkswagen emissions scandal: More carmakers implicated as tests reveal pollution levels of popular diesels, Independent, September 30, 2015
204.
Damian Carrington, Wide range of cars emit more pollution in realistic driving tests, data shows, The Guardian, September 30, 2015
205.
Kartikay Mehrotra, Dodge Truck Owners Accuse Chrysler of VW-Like Cheating, Bloomberg, November 14, 2016
206.
Lydia Willgress, IKEA issues urgent warning over popular range of drawers after THIRD child is crushed to death by a toppling unit, Daily Mail, April 20, 2016
207.
Ikea recalls 29 million dressers after 6 kids killed, Associated Press, June 28, 2016
208.
Amelia Heathman, We finally know why Samsung’s Galaxy Note 7 s ‘exploded’, Wired, January 24, 2017
209.
Samsung Electronics Estimates Mid-3 Trillion Won Negative Impact for Q4 2016 and Q1 2017 Due to Galaxy Note7 Discontinuation, Samsung, October 14, 2016, https://news.samsung.com/global/samsung-electronics-estimates-mid-3-trillion-won-negative-impact-for-q4-2016-and-q1-2017-due-to-galaxy-note7-discontinuation
210.
Tom Furlong, Perrier Water Scare Goes Flat in Southland, The Las Angeles Times, February 12, 1990
211.
George James, Perrier Recalls Its Water in US After Benzene Is Found in Bottles, The New Times, February 10, 1990
212.
Ibid
213.
Ibid
214.
Andrew Caesar-Gordon, Lessons to Learn from a Product Recall, PR week, October 28, 2015
215.
This case is studied in detail in chap. 2.4.3 of Dmitry Chernov and Didier Sornette, Man-made catastrophes and risk information concealment (25 case studies of major disasters and human fallibility), Springer, 2016
216.
Peter Anthonissen, Crisis Communication: Practical PR Strategies for Reputation Management, Kogan Page, 2008
217.
Sydney Finkelstein, Why Smart Executives Fail: And What You Can Learn from Their Mistakes, Penguin, 2004
218.
Matt Haig, Brand Failures: The Truth about the 100 Biggest Branding Mistakes of All Time, Kogan Page Publishers, 2005, pp. 134–136
219.
Staphylococcus food poisoning in Japan, Infectious Disease Surveillance Center, 2001, 22 (8), No.258, pp. 185–186
220.
NOAA N-PRIME Mishap Investigation. Final Report, NASA, September 13, 2004, https://www.nasa.gov/pdf/65776main_noaa_np_mishap.pdf
221.
Stephen Clark, Back from the brink: Broken satellite now fixed and ready, Spaceflight Now, February 1, 2009, https://www.spaceflightnow.com/delta/d338/090201preview.html
222.
Jeevan Vasagar, Chocolate may have poisoned more than 40, The Guardian, June 24, 2006
223.
GlaxoSmithKline to Plead Guilty & Pay $750 Million to Resolve Criminal and Civil Liability Regarding Manufacturing Deficiencies at Puerto Rico Plant, The United States Department of Justice, October 26, 2010
224.
Ben Chapman, Lactalis baby milk could have been infected with salmonella for 13 years, CEO says, Reuters, February 2, 2018
225.
Kim Willsher, Lactalis to withdraw 12 m boxes of baby milk in salmonella scandal, The Guardian, January 14, 2018
226.
Gus Trompiz, Richard Lough, France’s Lactalis forced into new recall in baby milk scare, Reuters, January 12, 2018
227.
Judith Rehak, Tylenol made a hero of Johnson & Johnson: The recall that started them all, The New York Times, March 23, 2002
228.
Colin Doeg, Crisis Management in the Food and Drinks Industry: A Practical Approach, Springer Science & Business Media, 2006, p.180
229.
Surge in illegal sales of drugs as gangs exploit ‘phenomenal market’ online, The Guardian, December 28, 2014
230.
Gena Somra, Deadly fake Viagra: Online pharmacies suspected of selling counterfeit drugs, CNN, August 31, 2015
231.
Paul Toscano, The Dangerous World of Counterfeit Prescription Drugs, CNBC, October 4, 2011
232.
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233.
Ingrid Eckerman, The Bhopal Saga: Causes and Consequences of the World’s Largest Industrial Disaster, Universities Press, 2005
234.
Typhoon Nina–Banqiao dam failure, Encyclopedia Britannica
235.
David Longshore, Encyclopedia of Hurricanes, Typhoons, and Cyclones, Infobase Publishing, 2009, p.124
236.
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237.
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238.
Syed Zain Al-Mahmood, Rebecca Smithers, Matalan supplier among manufacturers in Bangladesh building collapse, The Guardian, April 24, 2013
239.
Arun Devnath, Mehul Srivastava, ‘Suddenly the Floor Wasn’t There,’ Factory Survivor Says. Bloomberg, April 25, 2013
240.
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241.
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242.
Bruce Einhorn, Kanga Kong, Kyunghee Park, A Korean War Could Cut Pipeline of Vital Technologies to the World “If Korea is hit by a missile, all electronics production will stop”, Bloomberg, April 27, 2017
243.
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244.
W. Timothy Coombs, Sherry J. Holladay, The Handbook of Crisis Communication, John Wiley & Sons, 2012, p. 468
245.
Heparin Sodium Injection, Baxter, http://www.baxter.com/products-expertise/product-safety-information/heparin-background-information.page
246.
Walt Bogdanich and Jake Hooker, From China to Panama, a Trail of Poisoned Medicine, The New York Times, May 6, 2007
247.
Tobacco, The World Health Organization, July 2013
248.
Some have suggested that IQOS stands for “I quit ordinary smoking”, but one can read on the official website of Philip Morris International: “Although many have tried to come up with explanations of IQOS, none of these creative ideas are correct. IQOS is not an acronym but a brand name created to denote innovation and game-changing technology coupled with advanced science, and that we could protect and use in many markets.”
249.
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250.
Mischa Aebi, Gift in Filtern der E-Zigaretten von Philip Morris, Tages-Anzeiger, April 7, 2019
251.
Dan Charles, U.S. Soda Taxes Work, Studies Suggest — But Maybe Not As Well As Hoped, NPR, February 21, 2019
252.
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253.
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254.
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255.
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256.
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257.
Ingrid Eckerman, The Bhopal Saga: Causes and Consequences of the World’s Largest Industrial Disaster, Universities Press, 2005, p. 25
258.
Michael Heylin, NATO bombs take out chemical complex, Chemical & Engineering News, Volume 77, Number 19, May 10, 1999
259.
Our informed appraisal of the influence of each audience on a typical organization within the subsector (100% = combined influence of all audiences)
260.
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261.
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The SCRAM system refers to the control rods that are inserted into a nuclear reactor core to suppress nuclear fission. A “positive SCRAM effect” is a localized increase of activity in the bottom of the core of a reactor during emergency shutdown with low power range: introducing graphite rods leads to decreased absorption of neutrons by the xenon in the core (“xenon poisoning”) and accelerates the nuclear reaction.
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Dmitry Chernov & Didier Sornette

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Chernov, D., Sornette, D. (2020). Specific Features of Risk Management in the Industrial and Agricultural Sectors. In: Critical Risks of Different Economic Sectors. Springer, Cham. https://doi.org/10.1007/978-3-030-25034-8_2

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