In the wake of the ongoing financial crisis, the importance of stable jobs and reliable companies has been amplified in our minds. Many enterprises have endured challenges during this period, but Pacific Gas & Electric has faced particularly difficult times.
In 2010, a gas line in San Francisco operated by PG&E exploded, leaving several dead and others homeless. The accident prompted a company-wide overhaul – from safety processes to information management—at a cost of $2.7 billion. The event also triggered ongoing regulatory action that could result in substantial fines and penalties.
Despite this adversity, PG&E has managed to develop and implement a major safety enhancement and infrastructure improvement program while developing a culture of safety from the ground up.
Read the rest of the article at Forbes.