Forecasting profitability involves looking for shadows
February 1, 2009 By Jay Johnston
A true forecast of future profitability involves looking for shadows
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A true forecast of future profitability involves looking for shadows
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I’m not sure what concerns me more about propane accident stories in the news – the apathy of the public or the apathy of some propane marketers.
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There is a legal concept known as res ipsa loquitur that allows a jury to infer that an accident was caused by the negligence of a party without actual proof of that negligence.
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Product transfer safety has been a hot topic. As a result, a great deal of safety focus has been placed on improving equipment, procedures and training.
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Because of the nature of my work, I am exposed to many nightmares when it comes to propane accidents. I see the press releases citing injuries, inaccurately stating probable cause, quoting innuendo from neighbors and trying the case in the media.
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I am a firm believer that propane companies should not be liable for accidents when they had no association to the cause. It is an easy stand to take.
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