Business View Magazine | Volume 8, Issue 9

67 BUSINESS VIEW MAGAZINE VOLUME 8, ISSUE 9 PEMY CONSULT ING correct design. As soon as I finished describing the problem to Phil, he immediately came to the same conclusion that I did. He chose to turn down the project. There was no hesitation nor willingness to compromise integrity to make an extra buck. It was just a small moment in time but remarkably meaningful” Another health and safety area that PEMY is exploring concerns Natech (Natural Hazards Triggering Technological Disasters). Myers reports, “We are currently working on publication API 656 around Natech. We actually convinced the American Petroleum Institute (API) to write this publication because the United States is very much trailing the European community in this field. The first triggering event that got the attention of U.S. regulatory bodies was the Arkema plant explosion in Crosby, Texas during Hurricane Harvey in 2017. Now, Natech has finally taken hold in the U.S.” Despite the growth that PEMY Consulting has experienced in the past decade, Myers is well aware that now is not the time for the firm to rest on its laurels. As such, he continues to emphasize the importance of new investment, particularly in the area of personal development. The company participates in wider industry initiatives and works closely with partner companies and universities to ensure that its employees can learn from and influence the latest industry trends. “Another major area of investment concerns software,” Myers explains. “We’ve developed new Natech models to better understand the behavior of tanks during flooding and high winds, for example. These are important investments that don’t happen on their own. You have to take time away from money-making projects to conduct development work that you hope will pay off in the future.” One area where PEMY is already witnessing a good return on investment is its marketing