In the 1960’s Ralph Nader became famous by writing an expose’ of the Corvair, a rear-engined Chevy built by General Motors. He called it “Unsafe at Any Speed: The Designed-In Dangers of the American Automobile “[1][2]. He accused car makers of ignoring safety, resisting providing seat belts and other design issues that contributed to injuries in accidents. In 1966 the U.S. Congress passed the Highway Safety Act (aka National Traffic and Motor Vehicle Safety Act), which created mandatory federal safety standards for motor vehicles and established what is now the National Highway Traffic Safety Administration. Continue reading
Author Archives: greg
#81 – NGO FEEDBACK DRIVES MORE DETAILED CONFLICT MINERALS REPORTING – KELLY EISENHARDT
NGOs are providing feedback that is driving companies to be more detailed in their conflict minerals reporting and make other changes to their filings. Most understand that improvement is a multi-year process. With the final months of 2015 reporting underway, it’s clear that learning from the gaps in last year’s reporting is critical. Continue reading
CERM RISK NEWS #11
#80 – FEDERAL ERM MANDATES – GREG HUTCHINS
“The White House is putting enterprise risk management front and center in its update to a key policy on internal controls expected later this year”
According to OMB’s A-123 Rewrite to Flip Risk Management on Its Head, Federal News Radio, February 11, 2015 Continue reading
#80 – RATING DERATING: HOW TO FIND VALUE – FRED SCHENKELBERG
Derating can be defined as a policy of deliberately understressing components to provide increased reliability. When properly incorporated into a design process, derating can make a significant contribution to reliability. Continue reading