Description of Hitachi-GE Nuclear Energy

2021-05-11 10:50:40
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GE Hitachi Nuclear Energy (GEH) is a joint venture established by two Corporations Hitachi, Ltd. and General Electric Company in July 2007, with the aim of providing services to the global nuclear industry ("GE Hitachi Nuclear Energy," 2016). According to their website GE-Hitachi is among the worlds leading broad plant manufacturers, with activities in the planning, design, development, production, inspection, connection, and maintenance of nuclear reactor-related services and equipment. The nuclear joint venture is based on a single, strategic vision to produce a wider range portfolio of solutions, increasing its capabilities for new reactor and service related opportunities. According to Energy (2013), the merger of management resources between the two companies combines GEs engineering expertise and global experiences of supplying reactors, fuels and services with Hitachis renowned experience in innovative modular engineering to provide worldwide customers with the technological direction needed to efficiently improve reactor performance, power production, while enhancing the safety of the technology.

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The interest to GE Hitachi Nuclear Energy is motivated by my passion career of being a nuclear engineer. The excitement of a career in the nuclear sector is inspired by the observation and research that environmentally benign features of nuclear power, as matched to other energy sources are of significant value to our society for sustainability. The use of nuclear power can contribute to the responsible utilization of natural resources and the reduction of climate change. However, nuclear sector operating organizations should be aware of the adverse safety and proliferation risks associated with nuclear activities, the sophistication of the technology, and most importantly maintaining an ethical code of conduct in which society has placed trust in them. Therefore, the only expected and accepted organization approach of doing nuclear services and product related business is with high ethical values in all respects. Ethical culture creates a long-term sustainability of nuclear operating organizations particularly of important to the society

How GE-Hitachi Prevents and Responds To Problematic and Antisocial Behaviors

Every contemporary organization entity must nurture a good environment for creativity and excellence encouraging ample independence and authority to its employees at all levels. However, it must also create acceptable, appropriate, effective monitoring and control systems that will ensure its business operations are properly piloted within the legal and ethical, regulatory framework. Organizations should accept and appreciate the fact that any severe violation of ethical values and code of conduct in its activities will damage the public confidence in it and destroy the reputation. In addition it will ultimately call for harsh intervention by Government and associated regulatory bodies. Evidently on account of several pressures from different sections of society, an organization will continuously be subject to regulation and monitoring of its operations as a responsible social entity on its, conduct, governance, accountability, legal, ethical and social compliances in relation to the various applicable laws, rules and regulations (Trevino & Nelson, 2011).

GE-Hitachi nuclear energy demonstrates how modern organizations are changing their focus from the old-fashioned market-responsive strategies to wider approaches that integrate business and social, ethical and environmental goals. GE-Hitachi has significantly transformed its business operations to focus on improving and increasing demand for green products and services and also those that contribute to corporate social responsibilities. Through merging its commitment to the ethical, social and environmental sustainability of its business operations and profit-making objectives, GE-Hitachi seems to be staging a good example of a new strategy of combining social and business objectives among international organizations. It is an approach that attempts to meet the consumers desire for products and services produced inconsistent with their values. This new approach that significantly contemplates on the social, environmental, and economic sustainability could make a tangible and long-term impact on the society and environmental settings by harnessing the organizations business and managerial skills and techniques (Energy, 2013).

More widely, recent organization scandals have generated huge attention to the alleged lack of social, ethical values and corporate governance principles in business activities. Indeed, ethical code of conduct is rapidly becoming more than good moral comportment. It can adequately contribute in eluding future economic and environmental setbacks and may be the critical to safeguarding organization reputation.

Impartial ethical decision-making processes are crucial to contemporary international business practices. It is has been a challenge to have one universal ethical standard since the views and customs in a particular country can be different considerably to others. Business ethics being concerned with morality and code of conduct is regularly the victim of subjectivity. It usually results in the will of cultural relativism, or the idea that the ethical standard of a particular country is founded on the culture that shaped it and that moral theories lack collective application (Trevino & Nelson, 2011).

It is essential, to some extent, for organizations to depend on local teams to perform under local rule. In response to this concept, GE- Hitachi Group created a Group Vision in an attempt to resolve major issues facing a global society. It aims at following safer, more acceptable society norms in line with the Corporate Credo of which is GE-Hitachi Founding Spirit. The organization also has a Group Codes of Conduct, which apply to all GE-Hitachi Group employees. The Management Plan of GE-Hitachi helps to organize management policies to intensify growth through its Social Innovation Business, to improve its financial position, and to support its activities to resolve global social issues (Energy, 2007).

GE-Hitachi Corporate Social Responsibility means making the Corporate Credo and Group Vision a reality. The organization addresses the United Nation Millennium Development Goals of eradicating poverty and hunger, universal basic education, promoting health, and environmental sustainability with its technologies and solutions. Its social and management sustainability help to develop a social and enterprise value.

In an attempt to prevent and responds to challenging and antisocial behaviors, GE-Hitachi works on critical areas of main focuses that are, global, fusion, and the environment. The organization attempts to achieve these objectives by perceiving them from the management and social perspectives by use of dialogues with stakeholders to decrease risks and improve management. GE-Hitachi encourages contribution of stakeholders in the decision-making process for Corporate Social Responsibilities activities. The organization involves stakeholder dialogue to establish social and environmental issues, performing assessments and authentications from the viewpoints of stakeholder and the impact on management (Desiri, 2014)

Component of Ethical Culture and the Core Beliefs

Every organization should operate its business activities keeping in mind the intangible benefits of having an ethical image. Most of the reputable international business firms that maintain strong ethical standards enjoy huge success with an exemplary progress (Trevino & Nelson, 2011). Cultural ethics are business conduct that represents the moral rules and regulations that influence the activities of a particular organization. They include the moral values that direct the way organization or other business make decisions. Culture ethics is the behavior that an organization observes in its everyday activities with the world. The cultural ethics of an organization can be diverse. They not only shape the organization interactions with the world at large but also to their dealings with its customer. Good cultural ethics should be a part of all organization activities.

GE-Hitachi ethical cultures are drawn from the quality policy as a key objective for the organization and employees to attain maximum nuclear safety at all stages of business operation, which is the source of quality management. The organizations safety and quality policy are accepted as a total commitment to raise constantly the awareness of nuclear safety. Therefore, it is intended that implementing its policy to the whole organization gives support to the nuclear safety culture (Energy, n.d.).

In relation to quality policy for its nuclear facilities, the organization is investing heavily to ensure that actions aimed at promoting its safety culture are involved in daily quality assurance practices. GE-Hitachi continues to support activities meant to uphold its safety culture focused on its compliance activities. Examples of such activities, involves creating ethical awareness by giving a Corporate Ethics Compliance Card and having compliance education frequently. Other activities involve cultural Ethic seminars, presentations by executives on the value of comprehensive ethical compliance, conducting preventive ethics education emphasizing the necessity to perform work in a way that business ethics are the key principles for decision making.

GE-Hitachi has created a reporting culture that expects the employees to report, notify and consulting on the daily operations of the organization. According to the chairman of GE-Hitachi .the organization collects periodical reports on activities such as preventative maintenance at new and existing plants from the employees responsible for their respective work (Planet, 2014).In case there is an incident of a product accident; an accident incident notice will be circulated promptly. After such accident notice is circulated, the organization receives reports on the current information concerning the relations with customers impacted by the accident and the organization response status. The organization often stresses to its employees the importance of reporting every type of problems. This concept leads the organization to develop a reporting culture of most problems allowing GE-Hitachi to plan effective measures against them.

GE-Hitachi has also devoted publicly to a human rights activism. The organization objective is to nurture a culture of awareness, understanding and commitment to human rights at all organization levels. It also ensures that universal human rights values are assumed and practiced across its business operations. As an international organization, GE-Hitachi is exposed to risks since they operate under different domestic laws, cultures and business practices. The organization attempts to comply with the laws and ordinances of every country, and act in agreement with the international standards to prevent human rights violations (Planet, 2014).

Ethical concepts or theories

Utilitarianism theory

Utilitarianism theory is a system of consequentialism. The theory emphasis on the concept of the greatest good for the greatest population within a given constraints. Certain conduct is considered to be morally upright if it maximizes cost-benefit. Utilitarianism ethical theory is a valuable perspective in terms of business decision making, especially in western economy, since its logic is almost the same as the economic calculation of utility or cost-benefit (In Anyansi-Archibong, 2015).

GE-Hitachi utilizes the Utilitarianism ethical theory by operating its Social Innovation Business subject to the policies of national governments. The organization ma...

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