Dr. Darin Detwiler
👤 PersonAppearances Over Time
Podcast Appearances
a business can have, you know, an economic recovery after an incident, how many families wish that they could have a recovery and a do over after they've been, uh, you know, ridiculously harmed, uh, because of certain failures.
a business can have, you know, an economic recovery after an incident, how many families wish that they could have a recovery and a do over after they've been, uh, you know, ridiculously harmed, uh, because of certain failures.
And again, it comes down to, I really like that, that notion of the idea of, is there incentivization to allow it to become a problem for you to deal with it rather than, uh, being proactive. I want to hold out the hope that there are companies that are being proactive, uh, Maybe it's because they've already been stung. Maybe it's because they've seen their competitors be stung.
And again, it comes down to, I really like that, that notion of the idea of, is there incentivization to allow it to become a problem for you to deal with it rather than, uh, being proactive. I want to hold out the hope that there are companies that are being proactive, uh, Maybe it's because they've already been stung. Maybe it's because they've seen their competitors be stung.
But we need to look at the idea of across the board, the idea of the entire sector, the entire commodity, not just the one brand or the one company will be impacted by not being as resilient as possible.
But we need to look at the idea of across the board, the idea of the entire sector, the entire commodity, not just the one brand or the one company will be impacted by not being as resilient as possible.
Yeah. You know, again, it's like we collect data and we look at the, how much will it cost to do this? How much will it cost to do this? But we don't typically calculate that idea of the cost of doing nothing. The cost of doing nothing has to be part of the equation because if we ignore it and then we deal with it reactively, right?
Yeah. You know, again, it's like we collect data and we look at the, how much will it cost to do this? How much will it cost to do this? But we don't typically calculate that idea of the cost of doing nothing. The cost of doing nothing has to be part of the equation because if we ignore it and then we deal with it reactively, right?
Again, not only do the costs go up, but you got to realize that too, the costs are going to be passed on to the consumer. And in most cases, the consumer doesn't really want to be told that, well, you're paying more because we've messed up. I would rather be told I'm paying more because we're going to make it more resilient and a safer product down the road. I could buy into that a lot more.
Again, not only do the costs go up, but you got to realize that too, the costs are going to be passed on to the consumer. And in most cases, the consumer doesn't really want to be told that, well, you're paying more because we've messed up. I would rather be told I'm paying more because we're going to make it more resilient and a safer product down the road. I could buy into that a lot more.
There's a lot of things that we can agree to pay more for. But there's also an element in terms of corporate social responsibility. At what point are you not being a responsible executive if you have knowledge but you don't act on that knowledge?
There's a lot of things that we can agree to pay more for. But there's also an element in terms of corporate social responsibility. At what point are you not being a responsible executive if you have knowledge but you don't act on that knowledge?
When we look at the responsible corporate officer doctrine that came from a 1975 Supreme Court decision in Parkview, U.S., it didn't say that if bad things happen to you, you will be held strictly and personally liable for those. What it said is that, you know, things happen.
When we look at the responsible corporate officer doctrine that came from a 1975 Supreme Court decision in Parkview, U.S., it didn't say that if bad things happen to you, you will be held strictly and personally liable for those. What it said is that, you know, things happen.
and you deal with it but if you don't deal with it if you have knowledge of these things and you don't act to prevent to mitigate to to to resolve these issues then there is a point where you should be held responsible because you knew better and you could have done something different i think that having these events there's got to be you know i didn't see a lot of people like from major food brands there for instance right i mean this wasn't really a food event but but
and you deal with it but if you don't deal with it if you have knowledge of these things and you don't act to prevent to mitigate to to to resolve these issues then there is a point where you should be held responsible because you knew better and you could have done something different i think that having these events there's got to be you know i didn't see a lot of people like from major food brands there for instance right i mean this wasn't really a food event but but
Imagine if it was really advertised as to, hey, if you're a corporate executive for major food companies, you should be there.
Imagine if it was really advertised as to, hey, if you're a corporate executive for major food companies, you should be there.
I know for a fact that there's people that they do gravitate to certain things, but they also avoid certain things because if they've been involved in this conversation for a long time, they can't have that kind of plausible deniability of I just didn't know how bad it was.
I know for a fact that there's people that they do gravitate to certain things, but they also avoid certain things because if they've been involved in this conversation for a long time, they can't have that kind of plausible deniability of I just didn't know how bad it was.