Page 21 - Phissons Ethics Dilemma
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Moreover, like an unexploded bomb, the problem must be defused before it blows up in
your face. The Thoikol engineers who were hesitant about the safety of the O-ring in
cold temperatures no doubt could point to how the attitude of the Challenger space
managers inhibited their ability to push their concerns up to the final decision makers.
After all seven astronauts were killed in the resulting explosion, investigators suggested
that NASA officials were operating in a “get-this-launched-at-all-costs” culture rather
than one in which “safety first” was the predominant value.
Reflecting on his MBA days he recalled the cost – benefit analysis of the Ford Pinto
dilemma, the Thalidomide issue with Distillers and more recently the Martin Shkreli
issues over Daraprim and Thiola.
The Future Market
Phisson’s markets would initially comprised the
UK and Europe and it seemed that its natural
extension would be into the Northern American
market. These would be followed by entry into
the South American and Australian markets.
However, industrialisation and globalisation
with its associated increase in asthma sufferers
held out the possibility of the developing world following the pattern of the developed
world with increasing numbers of asthma sufferers.