Supplement to "Profiting from Risk: A Transformation of One Company's Risk Culture"

by Robert N. Charette, Patrick O'Brien, and Art Gemmer

Arthur Collins founded Collins Radio at the twilight of what author Samuel Florman calls the golden age of engineering (1850-1950) [1]. During this golden age, Florman writes that society perceived engineers as heroes while engineers saw themselves as liberators of humankind. Societal progress equaled technological progress, as exemplified by the telephone, the electric light, the automobile, the Hoover Dam, and hundreds of other examples large and small. Writers of the time depicted engineers as the heroes in novels, short stories, and even poetry. "Singing the great achievements of the present, Singing the strong, light works of engineers," was how American poet Walt Whitman phrased it in his 1871 poem "Passage to India." The engineer saw his role as the societal alleviator of the burdens and drudgery of work so that society's members were free to become "educated, cultured and ennobled" [2].

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Supplement to "Profiting from Risk: A Transformation of One Company's Risk Culture" December 2004