A Perspective on the Case:“Anatomy of a Crisis”

The following is a perspective on the case study published in our January 2011 issue, "The Blow That Shook The Bank" and attempts to analyse the reasons and the remedies for the situation that was reported therein and to find a judicious management solution to the issue. With the use of the fable of the Panchatantra the author tries to answer if the crisis could have been avoided?

Preface

The case brings to mind a story in the Panchantantra called "The Three Fish". The gist of the story is that three fish overhear that some fishermen have discovered their pond. The first fish leaves immediately. The following day, the second fish is caught by the fishermen and manages to escape, (by his presence of mind), by pretending to be dead. The third fish is also caught and thrashes about in the net (trying to escape) and is killed by the fishermen.