Tuesday, April 05, 2011

Defining Safety

For the executives of Transocean Ltd. it is meeting or exceeding "targets concerning the frequency and severity of its accidents". And, since they did this in 2010, certain of the company's executives got a small bonus; the CEO got $374,062.

How would you define safety if one accident in which your company was involved resulted in 11 people being killed and 200,000,000 gallons of oil being dumped in the ocean? That was the experience of Transocean, the owner of the Deep Horizon oil rig that was in the news a year ago.

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