Amtrak Train Derailment

Who be the stake tone downers in this subject? The stakeholders in this case argon the passengers, cluster and their families, aboard the Amtrak train that de caterpillar tracked. They are also the bodied investors who hold stock in Amtrak and all Amtrak employees who pick out invested their time in employment with the organization. They could easily lose their jobs if a major layoff slip awayred or the organization filed for bankruptcy payable to the millions they would be required to pay in damages. Stakeholders are the members of the Mobile, Alabama community who either witnessed or heard about the disaster and who may have addled trust in this railway system.The crew and captain of the tug boat which ran its barges into the framework of the bridge are also stakeholders, along with the owners and investors of the transport company in which they were employed. The indispensability workers, the agencies such as NTSB, the Alabama exigency Response Network and the U. S. Coa st Guard are stakeholders as well. What are the interests of the stakeholders? Investors in the transport company, CSX and Amtrak root to lose money as such disasters can lead to public distrust and subsequent dropping stock prices.They must answer to the public as to why emergency signals were not designed on the bridge. Families have lost loved ones as passengers or crew members that they cannot bring back. Crew members that lived must upsurge with feelings of guilt for not being able to do more and not being aware of just what had happened. They will also have to face many questions from agencies investigating the disaster and will face trying situations, possibly for years to come. Their careers and way of earning a living may also be in hazard due to the effects of this disaster.Crew and families of the tug boat crews must face feelings of guilt and shame. What is this corporations social corporate responsibility in this case for the four areas of corporate social responsib ility? Legal amicable state With respect to the legal responsibility, two CSX who failed to provide a signal on the bridge and WGN, whose crew ran into and change the bridge, while displacing the track have a pecuniary responsibility toward families whose loved ones made a living, whether crew or passengers.Amtrak also shares in this responsibility for not taking greater precautions, such as trim down speed, knowing that rough bridges are not builded with emergency signals. There is also a financial burden to repair the damages to the bridge and CSX track by WGN, who initially caused the event that led to the derailment. harmonise to Mallen Baker (2009), CSR is about building relationships with customers, about attracting and retaining talented staff, about managing risk, and about assuring reputation. In this instance, both CSX and WGN did a poor job of managing risk.WGN is responsible for not having staff with better training and navigation skills and CSX for ignoring re commendations to install emergency signals on the bridge. Economic Social Responsibility CSX, Amtrak and NTSB have economic social responsibility in reducing the risk of fault or loss of life due to such incidents, which has a enormous financial impact on the families of passengers and crew. WGN shares in this responsibility as well. Though CSX did not install emergency signals, the NTSB should provide greater oversight to ensure such precautions are taken.WGN should be aware of the problems that can occur when a large vessel runs into various structures and should help in repairing the emotional and financial lives of the victims of the accident. Both CSX/Amtrak and WGN have an economic responsibility to the shareholders of their respective corporations, to ensure that business processed provide the smoothest possible operations, for best possible returns on investments. When disasters such as this one occur, investors stand to lose substantial financial gains. Ethical Social Re sponsibilityAll agencies and companies involved have an ethical responsibility to make sure that various forms of live on or transport they oversee or are involved in are as arctic as possible for their crews and passengers. Ignoring recommendations such as CSX did, in not installing the emergency signal due to cost is an example of social irresponsibility (Eisenbeis, et al, nd). Amtrak could have better communications and emergency systems aboard the trains and passenger cars, to alert the entire crew of emergencies. Though this may not be an issue of irresponsibility, it has implications for future rail travel.WGN has an ethical responsibility to ensure that vessel crews are trained and updated on navigation techniques, so that injury to innocent bystanders does not occur. They also have an ethical responsibility to have proper navigation systems on board the vessels. Philanthropic Social Responsibility Travel and transport organizations do not have a specific responsibility to become involved in philanthropic activities, though they should at least treat that the communities in which they travel through are not adversely affected either economically or environmentally, as a result of their travels.They could take measures to provide incentives for jobs and training for jobs of those in the communities in which they travel through, as taxpayers of those communities share the burden of building bridges and roads. Because the organizations also contribute to introducing carbon emissions into the environment, they should work with and offer some financial support to organizations that help monitor and provide solutions for carbon emissions. Conclusion and Recommendation I look at better communication by all parties involved would have reduced injuries.Amtrak should have had regulations in invest for speed during weather conditions and rubber eraser devices for the rail in front of them could have avoided a lot of the accident. Having markers in place for emergency response units, would have allowed them to give a more specific place of the wreck. When great deals lives are at stake all ethical issues and laws should be put in affluent swing. Common sense would have prevented all of this. Large corporations such as Amtrak should have trained employees and safety standards in place.