Geopolitics Magazine March - April 2015 ( 8th Edition ) | Page 84

Geopolitics & Daily News Magazine The reason that puts the Euro Banking system into the list of complex and tight systems is the number of the parts (States-Central Banks-Ordinary Banks-Governments-European Bodies-consumers) that constitute the system itself, which also includes a great number of nations, relevant cultures and also markets which belong to different stages of life cycle maturity level. It is well perceptible that the kind of integration that is created by far abstains from being characterized as loose, as its components are arranged neither upstream nor downstream, so linearity does not exist .Thus it can be said that Euro banking system forms a high risk system or else “complexly interactive”, where there are many parts, with some of them interacting in more than one way, either by design, or inadvertdedly. In such an occasion any accident that might occur is going to be a “System accident” and any investigation should be attempted with a method that applies into systemic accidents. The selection of TRIPOD Methodology Contemporary Safety Management options and also efficient Investigation tools could perhaps be identified by either examining existing categorization of accident causation theories that entail the accuracy and the sophistication of the methodology for investigation or otherwise by endorsing the latest managerial approaches into dealing with accidents. The first selection might have been the “getting in” within the latest accident causation theory period academically available, that of “Safety Culture”, as cited by Wiegmann et al (2007), by fully accepting the axiom that humans not only form groups and create relationships among them, but also carry common characteristics that need be studied and managed, since they play a substantially important role in safety management. On the other hand, if safety is to be managed under a businesswise standpoint, any Industry should eventually reach the “Organisation Model” of dealing with safety, the one that views human errors as consequences and not as causes Reason (1997.p.226). Both proposed ways of dealing with safety and accident investigation lead to similar results and are honed in similar axioms. TRIPOD methodology on the other hand positively contributes pretty much on a systemic approach in dealing with accidents, it is tested and evaluated and scored high in efficiency, as shown in exhibit (2), thus enhancing the safety performance of total risk management system, with additional features that delve into the safety culture segment of the involved into the accident organisations (the stakeholders). Geopolitics.com.gr all rights reserved 2015 Page 82