Archive for the ‘Industry Risk Review’ Category
Complex Environmental Challenges-Need for Integrated Risk Council
Posted by: Dr. Jayshree Pandya in Country Risk Review, Global Risk Review, Industry Risk Review on May 12th, 2010
Earth’s environment has probably been changing for years due to many reasons- some reasons that are known and understood by scientific community and some reasons that are not known and which scientific community is still trying to understand- Some environmental changes that are internal changes and some that are external changes. The question is whether all these known-unknowns as well as internal-external changes happening in earth’s environment should be considered normal, common as well as cyclical- Nations need to evaluate this in a collective non partisan way. It is important that nations understand earth as well as its environment, its dependencies in the emerging global age- And to understand earth, its systems, its environment, its dependencies, what impacts earth and its environment’s balance as well as the underlying science in a non partisan neutral manner has become very important for every nation today.
Over the last few years, nations have witnessed increasingly heated debate on the role of humans as well as nations industries in alleged deterioration of earth’s environment. Although the role of humans and industries has been questioned by many, the question is, whether scientific community can say with certainty that these environmental changes are not due to natural or other unknown reasons and that their scientific conclusions are not tainted by their political ideology. This makes it absolutely essential that nations do critical risk centric assessment of their science findings that has such broad and significant impact across nations.
Environmental changes have occurred in the past, are occurring now and probably will occur in the future due to various known and unknown factors. Some unknowns that nations and its scientists will be able to figure out and understand; and many more unknowns that nations and its scientists will probably never be able to figure out and understand-
At this point, nations probably can neither agree nor disagree with the so called global warming hypothesis or climate change theories decisively. Nor can nations agree or disagree on the proposed climate change solutions that are being proposed today as the scientific information in totality is not sufficient for any nation to come to an informed conclusion. What is probably clear at this point is that the complex environmental challenges makes it essential for nations to have a fundamental integrated risk governance framework that can not only identify critical environmental risks, but can also effectively assess, prioritize and manage environmental risks, in a collective non partisan way.
This should be the first step nation’s needs to take to bring the necessary confidence in the environmental problem as well as the proposed solutions-
Let me know your thoughts
Jayshree Pandya PhD
Global Risk Advisor
Nations Governance becoming Ineffective and Irrelevant-
Posted by: Dr. Jayshree Pandya in Country Risk Review, Global Risk Review, Industry Risk Review on April 28th, 2010
Nations are going through a time of rapid change, fierce competition and complex interrelated, integrated and interdependent risks in the global age. And in this time of change, nations lack the fundamental framework that is required for understanding these complex changes, fierce competition and interdependent interrelated risks. And nations are clueless and ignorant about this need for change. This has made nations governance almost ineffective and irrelevant.
The traditional approach of reactive regulations after crisis happens did not make sense in isolation age and does not make sense in global age. Any such reactive regulation lacks the fundamental capability of effectively controlling or managing any critical risks or crises; nor do they prevent any systems or markets failures.
Nations need to redefine the way it governs…
Let me know your thoughts. Please specify which nation you are addressing.
Jayshree Pandya PhD
Global Risk Advisor
Too big to fail: A global age challenge facing isolation age response
Posted by: Dr. Jayshree Pandya in Country Risk Review, Global Risk Review, Industry Risk Review on April 19th, 2010
Global age has brought nations industries unprecedented opportunities to grow across national boundaries and becoming as some say “too big”-
There is a movement in some nations to prevent these industries from growing and becoming “too big”. While “too big to fail” is understandably creating fear and panic across nations, is this the right approach to prevent industry risks?
While nation’s tax payers should never have to bail out these industries under any circumstances, the question that arises is whether preventing growth and not letting industries become too big, a sensible solution?
It is important that nations understand global age challenges and propose effective global age solutions to global age problems. With an eye on the future I look forward to a meaningful dialogue to address critical global age risks. Let me know your thoughts.
Please specify which nation or industry you are addressing.
Jayshree Pandya PhD
Global Risk Advisor
Partisan policies puts nation’s @risk in a global age
Posted by: Dr. Jayshree Pandya in Country Risk Review, Global Risk Review, Industry Risk Review on March 23rd, 2010
Partisan policies put nations @ risk in a global age.
While the democratic party in United States have managed to pass a health care bill with questionable practices and procedures; the divided governance of United states, questionable practices of lawmakers, expanding role of government, increased government spending, expanding tentacles of socialism, and most important a divided nation, brings critical risks to United States of America.
United States has clearly failed in leading nations to a global age compatible policy design and implementation framework. This is probably the beginning of decline of United States leadership and its ability to lead in a global age-
With an eye on the future I look forward to a meaningful dialogue to address critical global risks. Let me know your thoughts.
Jayshree Pandya PhD
Global Risk Advisor
ZOO LOGIC? – The animals perspective of Global Risk…
Posted by: Dr. Jayshree Pandya in Global Risk Review, Industry Risk Review on November 6th, 2009
Dear Dr. Jayshree,
I am sending this children’s little story to be published at your Risk Blog:
Best regards,
Dr. Marcos
Since December 2008 I have created a site called “PULMAO SA which in English means LUNG-SA : ” Your atmosphere, Your Life ! “
Disposable at: http://www.pulmaosa.com.br
The site’s slogan sums up my role in trying to protect the “real atmosphere of the people, or, in other words, the air that is inside of us make up our real atmosphere.
The SA of the name has the objective to draw attention to the goal of our mission of providing information to the sector 3 S:
State (Government), SA (companies) and schools (children and youth). Thus could be able to build a network of protection around the smoker that permit quit smoking and even do not start this dependence on cigarettes or tobacco products.
As children are my main focus, I created some characters with universal values to talk and tell stories about the dangers of tabacco.
I would like to Invite everyone to know some of them in the litte story below:
ZOO LOGIC ?
Hey friends we will go to another visit to the Zoo but with new perpective: an animal perspective …In the monkeys’ cage monkeys are playing in the jump ropes and branches of trees and begin to observe a group of human adults and children who are “behind bars” draws attention to them …
children are playing with our friends “Lunggy Right”, “Lunggy 2″ and ” Hearty”!
“Lunggy Left” says: Hello, how are you?
Hearty says: I am fine.
Lunnggy Right is enchanted seeing one banana’s piece and also answer he’s also fine.
One of monkeys, the youngest one, call the Lunnggy Right’s attention about an unusual situation …
- “Right” !
-”What is that? “
Right asks: “What?”
The child monkey asked again:
“Right”, the adult human is on fire!
-Help him! Help him! Says the little monkey so afraid and worrying about that strange situation! Because as everybody knows, where there is smoke, there is fire!
Child Monkey, Hearty, Right and Left shouted:
” calls the fire department, call the elephants and seals! “
“Help! Heeeellllpp! “
Right and Left looked at where the “child monkey was pointing with all his ten fingers…
and in fact it seemed that that was a really true situation: an adult was just putting smoke out of your mouth!
Oh no, says another monkey, the adult is also putting smoke into the mouth!
- For the Veterinary’s sake! said the monkeys !
That situation also drew the attention of other zoo’s animals! You know about the perception sense of the animals…They simple know since they were little children what represent a danger, a hazard situation!
And what will they do when see the danger? They keep out the danger. And Fire represent one of greatest dangers to the life!
Right, Left and Heartty understood what are happening.
And explains that was a smoking situation. Smoking constitutes a terrible menace to the life!
All animals moving their heads up and down showing absolutely concordance with them.
Right calls a doctor named “Hakin” to explain that situation…
The Doctor “Hakin” was a medicine doctor.
And Doctor “Hakin” says: Childrrrennn!
“-In fact, both smoke and fire represent a hazard to our lives and also to our health!
* -Childrrennn!
“We MUST keep out of them!
*- People could not smoking!The smoking air contains a substance called Nico, Nico, Nico, AtchIN!(The doctor sneezing!). Sorry, Childrrrennn! As I am saying the smoking air contains NICOTINE!
The Little Elephant says: Oh no! Then, if an adult be smoking close to me could I become sick?
The Doctor “Hakin” says:- Unfortunately “yes”, Childrrrennn!
Little Elephant:-Oh, For veterinary’s sake! My little nose gonna be sick, SICK!
-I am feeling my nose will snooze because of that Nico, Nico, NICO ATCHIN !
Some Children says: -”Hey Right and Left & Heartty! We need start an Educational campaing against the tobacco smoking because it is a hazard thing to our Life, to our HEALTH and to the our atmosphere and the environment !
-We need as the animals take care of our Health and our Enviroment! Responsible Care!
Let’s create a Free Tobacco Zone in the Zoo! Here,Nobody likes smoke or fire ! This will protect the children and adults’ Health, and our friends Right, Left, Heartty !
The Little Monkey baby says: To this act a Great Yuupy Hurray!
From that day on, that Zoo was named by everybody as the Zoo LOGIC !
With All respect,
Dr. Marcos Nascimento,Md.
Chief Editor of http://www.pulmaosa.com.br
Attendence in Tobacco Treatment by Mayo Clinic
Respiratory Care Professor at college of Medicine of PUCPR
Curitiba-Brazil
@ Risk- Education system
Posted by: Dr. Jayshree Pandya in Country Risk Review, Industry Risk Review on September 16th, 2009
Knowledge, Education, Skills and Training are essential and fundamental raw material for any nation’s success in a rapidly globalizing market.
While nations commit and spend a significant portion of their GDP on education system, there is no guarantee that investment in education system brings much needed affordability, adaptation and change that is compatible with the rapidly changing globalizing markets and emerging technologies and industries. This is a risk of great proportions.
•Do you see your nation’s education system compatible with the globalizing economies?
•Do you see your nation’s educators, educating students based on facts and not political ideology?
•Do you see your nation’s education trend dictated by nation’s ruling governance?
•Do you see a need to privatize your nation’s education system?
With an eye on the future, I look forward to a meaningful dialogue to manage critical education risks. Let me know your thoughts.
Jayshree Pandya PhD
Global Risk Advisor
Global disconnect: Need to understand, acknowledge and manage interdependencies at all levels!!
Posted by: Dr. Jayshree Pandya in Country Risk Review, Global Risk Review, Industry Risk Review on April 23rd, 2009
There is a troubling disconnect at all levels from within and across nations to within and across industries to businesses. It is time we understand, acknowledge and manage the interdependencies be it within a business, within an industry or within a nation.
1.Do you see disconnect within your nation, its government, industries, organizations, academia (NGIOA)?
2.Do you think NGIOA within you nation has the capability to understand and acknowledge the interdependencies?
3.Do you think any meaningful steps are taken to manage the interdependencies within your NGIOA?
Please specify which nation or industry you are addressing.
With an eye on the future I look forward to a meaningful dialogue to address critical interdependency risks. Let me know your thoughts.
Jayshree Pandya PhD
Global Risk Advisor
Market manipulation risks-Need for an effective global market surveillance system
Posted by: Dr. Jayshree Pandya in Country Risk Review, Global Risk Review, Industry Risk Review on March 13th, 2009
Nations needs to better manage market manipulation and manipulators in globalizing markets and economies. Controlling, exposing and eradicating market manipulation is vital to the success of any nation and global markets.
• Do you think an effective integrated global surveillance system for monitoring market manipulation and fraud in the global integrated markets is needed?
• Do you think market manipulation and manipulators can be controlled and managed in your nation?
• Do you think we need new legislation to manage market manipulation?
Let me know your thoughts. Please specify which nation you are addressing.
Jayshree Pandya PhD
Global Risk Advisor
Need for integration and centralization of public/private science research findings…
Posted by: Dr. Jayshree Pandya in Country Risk Review, Global Risk Review, Industry Risk Review on March 10th, 2009
Progressive research is a blessing to society.
The research challenges nations face in globalizing economies calls for some fundamental common sense in the approach that science takes globally. Science, business and government needs to work hand in hand. Science and business needs are complementary and it is important that they are clearly communicated, goal oriented and constructively met. Integrating, securing, safeguarding and centralizing the research findings of public/private research needs to be a national priority. It is also equally important that there is accountability in science research funding.
This will help in:
1. Avoidance of investments in already solved science research problems
2. Prevent loss in intellectual property due to mismanaged research priorities by both public/private (universities as well as industry)
3. Allow cross industry research /innovation access
4. Meet national and global science goals
What is the state of science within your nation? What are the risks and challenges you see in science research/innovation within your nation?
Let me know your thoughts. Please specify which nation you are addressing.
Jayshree Pandya PhD
Global Risk Advisor
Globalizing economies: Rise and fall of nations
Posted by: Dr. Jayshree Pandya in Country Risk Review, Global Risk Review, Industry Risk Review on March 6th, 2009
In a global age, the role of nation’s government should be to remove obstacles for business/industries/investors and assist business/industries/investors in competing successfully across their nations boundaries.
Depending on the challenges/obstacles that business/industries/investors face within their own nation, what do you think is the status of your nation?
• Which nations do you think will be winners and losers under the circumstances?
• Which business/industry/investment you see facing challenges within your nation?
• What potential risks you see of any such development?
• Which nations will rise and fall in the coming years?
Please specify which nation you are addressing
Let me know your thoughts.
Jayshree Pandya PhD
Global Risk Advisor
Global Financial Crisis- What actions should your nation take to bring back that investor confidence?
Posted by: Dr. Jayshree Pandya in Country Risk Review, Global Risk Review, Industry Risk Review on March 3rd, 2009
United States probably had the best capital markets in the world. These capital markets coupled with innovation drive stimulated not only healthy competition and great innovations but enabled sound economic viability and the fundamental vitality of this great nation.
The confidence, quality, breadth and depth of the United States markets attracted global investors and investment capital for many years. However United States market’s fundamentals, its operating integrity, regulation, and confidence has been seriously questioned with the current global financial crisis and has shaken investor confidence.
This would undoubtedly create challenges for not only USA but many nations in attracting investments. The globalizing economies and the realities of today’s markets demand some fundamental changes in how nations, its governments, its industries and markets should function and operate.
What changes do you believe are critical for your nation? What critical barriers do you see that need to be overcome? What should your nation do to attract not only global investment but stay competitive in the global economy? What actions should your nation take to bring back that investor confidence?
Please specify which Nation you are addressing.
Let me know your thoughts.
Jayshree Pandya PhD
Global Risk Advisor
The Promise of Biotechnology
Posted by: Dr. Jayshree Pandya in Country Risk Review, Global Risk Review, Industry Risk Review on February 19th, 2009
Biotechnology offers immense opportunities for the improvement of human abilities and its quality of life. The expected revolution holds out the promise of an exciting new world that has the potential of enormous impact for the benefit of humankind. This industry promises to make significant contributions to the quality of human life; what we eat, what we wear, how we live and so on. The advantages, applications and promise of biotechnology are broad and compelling and the risks are clearly not understood, managed or regulated. It is this opportunity and risk that is stirring a global anxiety.
Every nation and its decision makers need to answer some very fundamental questions:
· Do we have appropriate regulations for this industry? What regulations need to be changed /developed? What will be its impact? Who is expected to address the industry risks? Industry leaders? Government Officials? Others? What will be the government’s role in the emerging industry?
· Are the social and economic consequences of changes brought by biotechnology industry adequately evaluated? Is there a process of public scrutiny of the existing and potential new technologies, before it is approved for commercial production?
· Are the industry risks assessed and found worth the benefits? Does this technology pose existential threats?
· Will the global community accept biotechnology and its products? Are we doing enough to educate the global community? Should there be a structured effort to educate the global community? Who will fund this effort?
· How can nations and its governments support the introduction of a new technology/science/industry if it cannot evaluate and calculate its inherent risks? What needs to be done to change this scenario? What specific tools need to be developed to address the challenges of this industry?
· Who is doing the industry planning? Do we have right tools, right processes and right skilled practitioners?
· What changes this emerging industry will bring globally and how will it shape the future of respective nations, and their domestic markets?
· How will the world economy be affected? What are the risks of economic disruption? What will be the response to the possible disruption?
As the industry continues to march forward and grow, it is important for Nations, its governments, industries, organizations and academia (NGIOA) to understand all possible risk variables and the future direction of the industry, particularly in terms of the impact the industry, technology and its products have or will have on the human race.
What are your nations plans to effectively manage biotechnology industry risks? Let me know your thoughts.
Jayshree Pandya PhD
Global Risk Advisor
Changing Face of HealthCare Industry in a Borderless World
Posted by: Dr. Jayshree Pandya in Country Risk Review, Global Risk Review, Industry Risk Review on February 19th, 2009
Globalization, rapid advances in information and communications technology, and a strong market need for rapid cost effective healthcare services are changing the face of Healthcare industry in a borderless world.
From Health care services (e.g. cross country consultations of specialists, expert consultation in diagnosis, remote assistance in surgeries etc), to products and supplies (e.g. prescription drugs, over the counter drugs, bandages, intravenous bags, hospital beds, healthcare software, diagnostic equipment etc), to investment in research and development going global, has been just some of the many areas of Health care crossing borders.
It is also these very globalizing activities within the health care industry that bring nations and the global community the potential of deadly global pandemics. With the borders so porous and the unstoppable globalization, outbreaks of any communicable disease in one region has the potential to quickly spread all around the globe and can put the nations, its governments and healthcare authorities on edge all over the world. Nations and its governments need to have a better understanding and be prepared to face the challenges to its national health as well as understand the impact of the changing face of health care industry on their nation’s economy.
It is also very important to help mature the healthcare system of the developing countries and to have international cooperation that will lead to transparent data, quick information and effective communication regarding disease outbreaks and possible response and control efforts in both animal as well as human populations in a timely efficient manner. There also needs to be a better understanding and education of the healthcare risks involved at a local, national, regional and global level.
What are your nations plans to effectively manage healthcare industry risks? Let me know your thoughts
Jayshree Pandya PhD
Global Risk Advisor
Natural Disasters Risks: A growing global uncertainty
Posted by: Dr. Jayshree Pandya in Country Risk Review, Industry Risk Review on February 19th, 2009
Over the past few years the global community has witnessed an alarming increase in natural disasters that has resulted in significant changes in the global landscape. It is this changing global landscape and increase in frequency and severity of disasters that has brought humankind facing a grueling set of challenges, obstacle to economic development, loss of human life and many many difficult questions.
Natural Disaster Risks seems to be increasing day by day and it is not the natural hazard itself, but their associated damages that follows, exerts an enormous toll on development and growth for any nation. We live in a time where every nation needs to be on an offensive and be prepared, for not only the challenges to its communities, but also the resulting economic development and threat to its very existence. It is necessary that the global community has a better understanding and communication of the natural disaster risks at every levels; local/ national/regional/global level.
Today more than ever before, the global decision makers need an ability to obtain decisive answers in a timely manner that will help manage the complex challenges of natural disasters. Nations, its governments, industries and communities need to, not only demonstrate, a clear sense of leadership, but also to adapt to pro-active approach and work “united” towards managing the growing complexity facing the human kind and its very existence.
Every country needs to shift its approach from disaster response to a more proactive approach to disaster preparedness and management. Serious efforts are called for to save human existence and corresponding economic disaster that follows any disaster. A structured effort needs to be under way to proactively respond to such disasters and realistic plans needs to be in place with effective triggers to save our very existence.
What are your nations plans to effectively manage such disasters? Let me know your thoughts
Jayshree Pandya PhD
Global Risk Advisor
Global business challenges and a need to re-define the role of government…
Posted by: Dr. Jayshree Pandya in Country Risk Review, Global Risk Review, Industry Risk Review on February 6th, 2009
Global business challenges and a need to re-define the role of government…
As business faces the challenges of global competition, there is a strong need to re-define the role of government and business-government relationship. What do you think should be the role of government and business-government relationship amidst the globalization challenges?
Let me know your thoughts. Please specify which nation you are addressing.
Jayshree Pandya PhD
Global Risk Advisor
What are the potential risks of recombinant DNA technology?
Posted by: Dr. Jayshree Pandya in Industry Risk Review on February 5th, 2009
What are the potential risks of recombinant DNA technology?
Let me know your thoughts
Jayshree Pandya
Global Risk Advisor
What has the Global Financial Crisis taught the Nations, it’s Governments and Decision Makers, and how should they apply that knowledge to manage risks differently in the future
Posted by: Dr. Jayshree Pandya in Industry Risk Review on February 1st, 2009
What has the Global Financial Crisis taught the Nations, it’s Governments and Decision Makers, and how should they apply that knowledge to manage risks differently in the future?
Let me know your thoughts.
Dr. Jayshree Pandya
Global Risk Advisor
Should a failing industry/business be saved?
Posted by: Dr. Jayshree Pandya in Industry Risk Review on February 1st, 2009
Should a failing industry/business be saved?
Globalization, innovation, emerging technologies/industries and the changing global fundamentals are bringing dramatic changes to many industries and nations. Do you think any failing industry/business should be saved?
Let me know your thoughts.
Dr. Jayshree Pandya
Global Risk Advisor
Coal Industry Crisis in Waiting: A case for Investment and Innovation????
Posted by: Dr. Jayshree Pandya in Industry Risk Review on February 1st, 2009
Energy industry is at the center of a global power play and is of a great strategic and political significance. This is an industry that has, in fact, a potential to change position of countries, regions, and societies.
Coal is a vital component of Energy Industry. Global warming concerns has brought Coal’s role as a Safe Energy Resource in question by many.
There is a problem. The question is whether there are possible technology solution. What technology Innovations are happening in your country that can probably save this sector?
If you had to take decision would you see in coal a case for Investment and Innovation?
Let me know your thoughts. Please specify the nation you are addressing
Dr. Jayshree Pandya
Global Risk Advisor
Global Financial Crisis- What actions should your nation take to bring back that investor confidence?
Posted by: Dr. Jayshree Pandya in Country Risk Review, Industry Risk Review on February 1st, 2009
United States probably had the best capital markets in the world. These capital markets coupled with innovation drive stimulated not only competition and great innovations but enabled economic viability and the fundamental vitality of this great nation.
The confidence, quality, breadth and depth of the United States markets attracted global investors and investment capital for many years. However United States markets’ fundamentals, its operating integrity, regulation, and confidence has been seriously questioned with the current global financial crisis and has shaken investor confidence.
This would undoubtedly create challenges for not only USA but many nations in attracting investments. The globalizing economies and the realities of today’s markets demand some fundamental changes in how nations, its governments, its industries and markets should function and operate.
What changes do you believe are critical for your nation? What critical barriers do you see that need to be overcome? What should your nation do to attract not only global investment but stay competitive in the global economy? What actions should your nation take to bring back that investor confidence?
Let me know your thoughts. Please specify which Nation you are addressing.
Dr. Jayshree Pandya
Global Risk Advisor
Energy Crisis: A case for Energy Diversification!!
Posted by: Dr. Jayshree Pandya in Industry Risk Review on February 1st, 2009
Energy industry is at the center of a global power play and is undoubtedly of a great strategic and political significance. This is an industry that is a backbone of global prosperity and in fact has a potential to change position of countries, regions, and societies.
The onset of the 21st century has brought this unique industry to face a grueling set of challenges and has already become a great source of concern to national and economic security. Inability to overcome energy challenges and stabilize this industry will result in widespread economic disruption and countries and regions at war.
What challenges does this industry face, not only today but also in the coming tomorrow? What is your perception of the current status of the industry and its future outlook amidst the integrating global economies? What risks, issues, challenges, and obstacles do you see? How does this industry impact other industries? What do you think are possible solutions and mitigation plans for the advancement of this critical industry?
Let me know your thoughts.
Dr. Jayshree Pandya
Global Risk Advisor
Resource Nationalization: A Growing Concern
Posted by: Dr. Jayshree Pandya in Industry Risk Review on February 1st, 2009
The world today is witnessing the tumultuous impact of not only energy insecurity and scarcity, but the beginning of a growing concern of “resource nationalization” in general.
“Resource Nationalization” is a critical risk to global peace and prosperity. It is not just the oil and gas sector facing re-nationalization by major producers; rather, the Coal, Methane, Uranium, metal/mineral sectors and much more are facing re-nationalization as well.
1. Do you think “Natural Resources” should be nationalized?
2. Do you think that re-emergence of state/nation controlled resources pose a serious challenge to global peace and the global economy?
3. Do you think the world is entering an era where businesses and industries have to work closely with its governments to re-strategize the way they function and operate on a global scale?
4. Do you think the world is entering an era where “natural resources” are becoming political tools and weapons (probably more powerful than nukes or other weapons of mass destruction), and States/Nations are using Natural resources to wield power in the global economy?
Let me know your thoughts. Please specify which Nation you are addressing.
Dr. Jayshree Pandya
Global Risk Advisor
