Company reputation

PHAs are performed primarily to reduce losses resulting from incidents that can injure plant personnel or the public, or damage or destroy buildings, equipment, and material. There are other less measurable losses that occur after incidents. Companies reputations, the industry s reputation and the effect on customers and the public are all at stake. 

Asset category Assets may be categorized in many ways. Among these are by people, hazardous materials (used or produced), information, environment, equipment, facilities, activities and operations, and company reputation. 

Insurance does not cover all costs associated with the loss. Losses from personnel time in firefighting operations, environmental impact, loss of company reputation, loss of customers, and finally the cost of potential legal actions may not be covered. 

Interviewees were asked to describe how they chose their jobs and career experiences in various employment sectors. One Cohort III industrial interviewee accepted a job primarily because oL s (a well known company) reputation in chemical research and the size of its research effort imchemistry. The interviewee continued ... 

The methods used to detect adulteration of juices have been reviewed by a number of authors and two examples are given here (Fry el al., 1995 Hammond, 1996). With the changing methods of unscrupulous suppliers it is now common to use a battery of tests to ensure that a product is authentic. Although this is costly, it is the only way to ensure the authenticity of a product and protect company reputations. The array of tests will often include a number of the procedures described above, such as sugar and acid profiles, along with other methods such as stable isotopic and fingerprinting procedures. 

Recommendations that involve the protection of individuals and the environment are less easily evaluated. Typically the ethical questions of the value of human life and company reputation or prestige are involved. Some insight can be obtained by the legal and financial issues that would evolve in such cases. 

Initial Observation Hard and Soft Opportunities. The chemical industry is very familiar with cost savings related to environmental performance improvement. Sustainability offers many similar cost minimization opportunities. Damaged reputation has long been something to avoid, and it can easily be associated with top line performance. Companies are now beginning to appreciate the upside value of company reputation - and that sustainability performance can drive this intangible value. 

Robust and human corporate culture is sixth, reflecting the growing importance to company reputations of issues such as the environment and equality in the workplace. In view of the focus in this Woodhead report on environmental performance, the comments made about the companies selected for excelling on this attribute are given below ... 

Secondary damage to critical infrastructure Compromise or loss of critical data Erosion of company reputation... 

Possible dismption or damage to critical transportation infiastracture Possible dismption of national, regional, or local economy Ease of access to target Extent of media interest Company reputation and brand exposure Iconic or symbolic target... 

Media attention or possible interest of the media Company reputation and brand exposirre... 

Corrosion has been like a thorn in the flesh of exploration and producing companies for many reasons. When considering the negative impact to these companies reputations, finances, and to the environment that corrosion causes due to leakage, explosion, environmental pollution, and so forth, the issue of corrosion in oil and gas facilities has to be addressed in order for the oil and gas companies to continue to be seen as reliable and reputable. 

Shortly after the introduction of revenue caps, there were tendencies towards cutting costs without having in mind a sustainable balance between cost savings and increased risk. After this transient period, there is now a trend towards developing strategies for maintenance and reinvestments, where cost effectiveness is balanced with other risks. The risk consequence categories typically involve economy, safety, environmental impact, company reputation and quality of supply (Sand et al. 2007). 

However, electricity distribution companies are also concerned with other important decision criteria representing relevant risks for their business. This typically involves more intangible risks such as safety, environmental impact and company reputation. 

Failure costs rework and bad planning, nonproductive times by errors in production, time to examine the causes and consequences of failures, lack of work and accidents, obsolete resources, deficient utilization of resources and external services, delays of supplies, inefficient communication and affections in computer systems, contract errors, bhhng errors, loss of income, imcollectable debt, discounts of fees, customer complaints, time consumed in internal complaints and solving the problem escalated by customer, penalties, loss of market and company reputation. 

Description Driving is a profession requiring skill, knowledge, physical and mental health and character integrity. Public safety and company reputation requires that drivers be fully qualified. Drivers who are not qualified should receive remedial training or be terminated if they cannot be brought up to the necessary level of competence. 

The effect on quality of the processes involved will depend, to a certain extent, upon the type and end use of the end product. The driving force for high quality in the industry has been, and still is, the automotive industry with a customer driven requirement to provide vehicles that will be trouble free and retain their design characteristics throughout their working lives. For some manufacturers the life span of the vehicle may be more than 20 years and this will be reflected in the component specification and the quality standards that the customer expects. Suppliers know that their company reputation hangs on the fact that their customers have no cause for complaint. 

Be aware of management hot buttons and top priorities. Examples are cost savings, industry benchmarks, company reputation, product quality, productivity, and community relations. 

Tables B.18 and B.19 provide criteria that may be useful to assess the risk that the hazard poses to the environment, assets, company reputation, etc.

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