Amtrak Train Derailment

Who ar the stakeholders in this case? The stakeholders in this case argon the passengers, ring and their families, a carte du jour the Amtrak train that de leaded. They atomic number 18 withal the corporate investors who hold product line in Amtrak and alone Amtrak employees who submit invested their time in employment with the organization. They could good lose their jobs if a major layoff occurred or the organization filed for bankruptcy callable to the millions they would be required to pay in change. Stakeholders ar the members of the Mobile, Alabama union who either witnessed or heard intimately the disaster and who may rush lost trust in this railmodal value system.The crew and captain of the repel boat which ran its barges into the framework of the brace are also stakeholders, along with the owners and investors of the ravish company in which they were employed. The arrest workers, the agencies such(prenominal) as NTSB, the Alabama extremity Response Netwo rk and the U. S. Coast Guard are stakeholders as well. What are the interests of the stakeholders? Investors in the transport company, CSX and Amtrak stand to lose m angiotensin-converting enzymey as such disasters can lead to public distrust and subsequent falling comport prices.They must answer to the public as to why hand brake symptoms were not designed on the bridge. Families choose lost loved ones as passengers or crew members that they cannot bring back. Crew members that lived must deal with feelings of guilt for not being able to do more and not being conscious(predicate) of exactly what had happened. They will also have to grammatical construction many questions from agencies probe the disaster and will face stressful situations, possibly for years to come. Their careers and way of earning a living may also be in fortune 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 amic able corporate responsibility in this case for the 4 areas of corporate social responsibility? Legal Social certificate of indebtedness With reckon to the legal responsibility, both CSX who failed to stomach a signal on the bridge and WGN, whose crew ran into and damaged the bridge, while displacing the track have a financial 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 reduced speed up, knowing that just about bridges are not stick ined 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. fit in 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 mana ging risk.WGN is liable for not having staff with unwrap educational activity and navigation skills and CSX for ignoring recommendations to install emergency signals on the bridge. Economic Social Responsibility CSX, Amtrak and NTSB have economic social responsibility in reducing the risk of injury or loss of life due to such incidents, which has a huge financial strike 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 en surely such precautions are taken.WGN should be aware of the problems that can occur when a large watercraft 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 contingent operations, for best possible r eturns on investments. When disasters such as this one occur, investors stand to lose substantial financial gains. Ethical Social ResponsibilityAll agencies and companies involved have an ethical responsibility to make sure that various forms of extend or transport they oversee or are involved in are as safe 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 boa rd 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 insure 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. outcome and Recommendation I believe better communication by all parties involved would have reduced injuries.Amtrak should have had regulations in place for speed during weather conditions and safety 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 ordinate a more specific place of the wreck. When peoples lives are at stake all ethical issues and laws should be put in full swing. Common sense would have prevented all of this. Large corporations such as Amtrak should have trained employees and safety standards in place.