Institute of Construction Materials | ICONSMAT

Farid Sartipi

We aim to bring industry and academia together.

  1. 06/19/2021

    Episode #18: Corporate social responsibility

    Corporations, because of their huge impact over many aspects of the economy in which they are operating, are bound with some set of morale to minimize the risk in case something or someone in the system goes wrong. This very term that is the word "wrong" is actually something that the corporation must decide and draw the red line around such behaviours that trigger the definition of being wrong. Companies and big corporations, often outline priorities of value. Some may go safety, wellbeing, and technology; the other one may go technology, science, and media, meanwhile, another company may outline profitability as its most appreciated value. However, the greed for money had always been proved to be the turning point of companies that were one day on top of the chart. Enron scandal is one of the most famous examples of accounting fraud in history. Enron used off-balance-sheet entities to hide the company's debts from investors and creditors. Although using such entities was not illegal in itself, Enron's failure to disclose the necessary details of its dealings constituted accounting fraud. As the true extent of Enron's debts became known to the public, its share price collapsed. By the end of 2001, Enron declared bankruptcy. And it is also interesting to know that before declaring bankruptcy, Enron's share value was priced at $90, and at the time of collapse, it was priced only 26 cents per share. In the year 2000 it had recorded a revenue of more than 100 billion dollars. So, in affirmation to what was said before, it is always good to follow a set of ethical principles. A well-established ethical guideline must be in a direction to ensure the maximum return to the society. It is the only way to keep operating a healthy and prosperous company.  Get your weekly podcast: https://iconsmat.com.au/podcast/

    Episode #18: Corporate social responsibility
  2. 05/15/2021

    Episode #16: Post-COVID education system

    It was a truly weird year in 2020 for the global education system during the COVID pandemic. Students disappeared from the campuses, the whole system had shifted to the online delivery mode, universities had fallen massively short with millions of dollars in deficit, and thousands of university staff had lost their jobs as a consequence. Yet, when you talked to students they were not unhappy as staff and the top managers in the uni. Most of them were actually happy that they no longer need to commute the long distances from home to the uni for a 2-hour class, for example. However, if you take a deeper look at the quality of education pre and post COVID, it is simply easy to spot some of the obvious downfalls in the online delivery mode. In construction courses particularly, there are many units that have practical laboratory sessions regulated in their module. Indeed, it is known that the most effective way of learning is based upon experiencing the theories. Soil mechanic labs, concrete testing lessons, materials labs, and many more had shifted to online delivery mode by watching videos in the COVID pandemic. Students can't simply learn the way, for example, soil interacts under different moisture contents just by watching a video. Videos won't make professional engineers. Of course it is in the benefit of universities, financial wise, as the cost to run and supply the necessities for laboratories are eliminiated in this model of delivery. Nevertheless, online education is a factual phenomenon. So let's run a comprehensive SWOT analysis on this. That is our position in terms of Strength, Weaknesses, Opportunities, and Threats that we are exposed to as a consequence of online education delivery. Get your weekly podcast: https://iconsmat.com.au/podcast/

    Episode #16: Post-COVID education system

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We aim to bring industry and academia together.