The Global Age: NGIOA @ Risk

330 Pages·2012·8.078 MB·English

by  Jayshree Pandya (auth.)

The Global Age
TOPICS IN SAFETY, RISK, RELIABILITY AND QUALITY
Volume 17
Editor
Adrian.V. Gheorghe
Old Dominion University, Norfolk, Virginia, U.S.A.
Editorial Advisory Board
P. Sander, Technical University of Eindhoven, The Netherlands
D.C. Barrie, Lakehead University, Ontario, Canada
R. Leitch, Royal Military College of Science (Cranfi eld), Shriverham, U.K.
Aims and Scope. Fundamental questions which are being asked these days of all products,
processes and services with ever increasing frequency are:
What is the risk?
How safe is it?
How reliable is it?
How good is the quality?
How much does it cost?
This is particularly true as the government, industry, public, customers and society become
increasingly informed and articulate.
In practice none of the above topics can be considered in isolation as they all interact and
interrelate in very complex and subtle ways and require a range of disciplines for their
description and application; they encompass the social, engineering and physical sciences
and quantitative disciplines including mathematics, probability theory and statistics.
The major objective of the series is to provide a series of authoritative texts suitable for
academic taught courses, reference purposes, post graduate and other research and
practitioners generally working or strongly associated with areas such as:
Safety Assessment and Management
Emergency Planning
Risk Management
Reliability Analysis and Assessment
Vulnerability Assessment and Management
Quality Assurance and Management
Special emphasis is placed on texts with regard to readability, relevance, clarity,
applicability, rigour and generally sound quantitative content.
For further volumes:
http://www.springer.com/series/6653
Jayshree Pandya
The Global Age
NGIOA @ Risk
Jayshree Pandya
Risk Group LLC
5403 Dunston Ct Suite 100
Sugar Land, TX 77479
USA
ISSN 1566-0443
ISBN 978-94-007-1259-1 e-ISBN 978-94-007-1260-7
DOI 10.1007/978-94-007-1260-7
Springer Dordrecht Heidelberg London New York
Library of Congress Control Number: 2012932952
© Springer Science+Business Media B.V. 2012
No part of this work may be reproduced, stored in a retrieval system, or transmitted in any form or by any
means, electronic, mechanical, photocopying, microfi lming, recording or otherwise, without written
permission from the Publisher, with the exception of any material supplied specifi cally for the purpose
of being entered and executed on a computer system, for exclusive use by the purchaser of the work.
Printed on acid-free paper
Springer is part of Springer Science+Business Media (www.springer.com)
To my husband, Pradip
And our coming tomorrow, our children:
Shree , Shivani and Shiv

Foreword
If you agree to what this book has to say, do write a foreword and send it to your
nation’s decision makers and press. What you have to say matters in the Global Age
and this page is for you to fi ll…
vii

Preface
It is with a great sense of humility and personal responsibility that I have embarked
on this meaningful mission to address the changing global fundamentals of the
emerging Global Age. I fi rmly believe that like many before me, I too have to
shoulder a sense of personal responsibility to help make sense of the emerging
Global Age and its associated challenges and complexities. This is within my
power.
The foundation of my macro journey lies in my micro journey.
The scientifi c training has helped me integrate micro and macro. It has given me
the skills to research and transform complex problems from a scientifi c perspective
and help formulate solutions that are clear, direct, scalable and more adaptable to
the changing global fundamentals of a Global Age.
The scientifi c research skills that I acquired, the scientifi c understanding I gained
and the strategic thinking ability I achieved, has helped me in researching complex
Global Age problems and practices to identify the root cause of global issues
at hand. My micro journey has certainly infl uenced the macro journey, and has
collectively enabled me to understand and tackle global issues at their core.
The Global Age needs to end an age of apathy. Each one of us needs to be con-
cerned about the apathy around us. If enough people across nations get concerned
about the state of affairs within their nation, it would certainly help bring about a
change that is a global need.
This initiative is a product of many years of reading, listening, thinking and
analyzing science, innovation, technology, commercialization, industries, govern-
ments, academia, nations, global institutions, governance and much more. Evaluation
of what has been written and said so far; to what is not being said and done, is
attempted here. In order to take a step forward, this book has made a sincere effort
in identifying and formulating what needs to be there in a Global Age. This is the
core of this effort.
My journey from micro to macro, connecting the dots and the resulting
evolution is a work in progress.
ix
x Preface
As this book is being written, signifi cant measurable global shifts are happening
across nations. These global shifts and the changing global fundamentals of a Global
Age have caught nations off guard.
There are many across nations that question the global shift and the changing
global landscape and hope that it goes away, while there are also many who have
taken a convenient path of blaming others for the havoc within their nations.
This introductory book T he Global Age: NGIOA @ Risk will address the global
shifts and the changing global fundamentals of Global Age, to lay out the much
needed foundation of an integrated risk governance framework for the coming
tomorrow.
This book will not address individual nations or its industries, nor will it propose
a selective strategy that any single nation can adopt. That is not the purpose of
this book.
Defi ning the fundamental integrated risk governance framework needs to be the
fi rst priority, before any individual nation and industry risks can be addressed. They
will be a topic of discussion for later time.
In writing this time sensitive book, I have relied mainly on the knowledge gained
over the years through various means. The vision that has developed is rooted in
reality that Global Age progress depends on the collective knowledge and foresight.
This book is in no way my personal ambition for the Global Age or global
governance. Rather, it is a much-needed acknowledgement of the grim reality of the
challenges that nations face today—in an emerging Global Age.
The proposed integrated risk governance framework is a need of the Global Age.
However, this integrated risk governance concept is not going to be easy to pen
down, propose or promote—as the most important dimension of this far-reaching
integrated risk governance vision will have to overcome many political obstacles.
This inbuilt political component of the integrated risk governance vision is diffi cult
for any risk manager to manage effectively.
The proposed vision to achieve risk centric integrated governance framework
across nations is possible, doable, measurable, achievable, actionable and
believable; yet ignorable by many, purely based on who is the driver of the
proposal, goal and vision.
This initiative may prove insignifi cant and irrelevant to those who are used to
benefi ting from chaos, confusion and crisis. However, to those who are able to see
through all the barriers of ideological agenda and partisan politics, this effort and
initiative will make a convincing case for the far-reaching need and understanding
of risk concepts, risk fundamentals and risk centric integrated governance.
This book invites your participation in the form of your assessment of numerous
questions addressed in each chapter. I also invite you to get involved in Risk Group,
an independent, non-partisan, pro-active, and participatory Global Risk Think-
Tank organization addressing the risks, issues, obstacles and challenges facing
nations: its governments, industries, organizations, and academia (NGIOA). In
addition, you can take part in online discussion forums on the Risk Group website