Articles written in Sadhana
Volume 44 Issue 3 March 2019 Article ID 0055
In healthcare firms, environmental health and safety (EHS) remains as a vital factor as healthcare products pose very intricate problems related to environment safety. The different similar and dissimilar risk factors that prevail in the system have complicated known and unknown causal relationships that are difficult tounderstand and interpret. Hence, improving the EHS remains as a challenge in healthcare industry. A research study is carried out utilizing the data (in conjunction with expert’s opinion) and conditions of a healthcare firm in India to categorize and obtain the prominent risk factors based on identifying the most adverse causal relationship among them. A Fuzzy Decision-Making Trial and Evaluation Laboratory (fuzzy DEMATEL)-based approach is designed and employed to assess and rank different EHS risk factors. The trapezoidal fuzzy membership function of the model facilitates better learning of interrelationships in spite of the prevailing vagueness in the causal relationships between the risk factors. The outcomes (the decisive risk factors) out of the experimentation using the proposed methodology strongly coincide with the actual causes of the EHS factorsduring the last one decade. As the proposed approach is found to be very effective in fixing the causal relationships and ranking among the risk factors, this may be successfully employed in similar healthcare firms/ industries for finding out their respective decisive risk factors.
Volume 45 All articles Published: March 2020 Article ID 0068 Original Article (Mechanical Sciences)
A well-organized sustainable risk management in an organization often generates environmental and economic advantages. Addressing ‘‘sustainability and risk’’ simultaneously, an organization is more capable of enduring challenges that produce environmental and operational stability in management. In an industrialorganization, these primary areas of concern involve social responsibility and a focus on occupants’ health and well-being; both areas address environmental and climate change, with an end result of increasing competitiveness and profitability. The key challenge lies in exploring sustainable risks associated with the industry so that they are addressed strategically. This research work is one such attempt to find sustainable risks in the manufacturing sector. This research is the outcome of a case study conducted in three leading surgical cotton manufacturing companies in the southern part of India. A hybrid multi criteria decision making based fuzzydecision making trial and evaluation laboratory and analytic network process with preference ranking organization method for enrichment evaluations (FDANP with PROMETHEE) methodologies is used to derive the results. The final outcome of this paper presents the identified critical sustainable risks from the case study, andalso serves as a model for risk managers in manufacturing sectors. By identifying sustainable risks at an early stage, a company may avert the occurrence of undesirable incidents while, at the same time, may enhance their production capacity.