- OIL & GAS
Articles by Scott Stricoff
Virtually all catastrophic events in man-made systems are related to technical failures made possible by organizational failures. This explains why catastrophic events continue to occur despite widespread implementation of sophisticated technical and management systems. Deepwater Horizon and Texas City disasters are examples of events caused by weak organizational safety—the context within which technical and management systems function.
When Hurricane Sandy devastated the Northeast the New York Stock Exchange was closed for two days.