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Leadership Lessons from a Sinking Ship


Affiliations
1 Assistant Professor-II (Management), School of Law, Kalinga Institute of Industrial Technology, Bhubaneswar, India
2 Asst Professor-I (Sociology), School of Law, Kalinga Institute of Industrial Technology, Bhubaneswar, India
 

Titanic. Just a single word is enough to ignite myriad emotions. Many ships have sunk and have been forgotten in the annals of history. But Titanic is different. It is just not a story about a sinking ship. It is a story about sinking humans. That a ship as big as Titanic could sink was beyond anyone’s imagination. But it did . Facts and folklore abound as to why it sank and what could have prevented it. Films have been made. Stories have been written , each capturing a part of the whole. So many wrong things happened in the darkness of one night. Precious lives were lost. The story is no different when a corporation sinks. It is just not about investors losing money. It is also about people losing jobs and their families pushed to penury . Like the captain of a ship , the CEO steers a corporation towards its goals. Profit is surely an important goal. But the welfare of employees is paramount. In this review article , the author draws leadership lessons from the Titanic story.

Keywords

Leadership, Crisis Management, Risk Management, Communication, Titanic.
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  • Leadership Lessons from a Sinking Ship

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Authors

Amarendra Pattnaik
Assistant Professor-II (Management), School of Law, Kalinga Institute of Industrial Technology, Bhubaneswar, India
Binita Behera
Asst Professor-I (Sociology), School of Law, Kalinga Institute of Industrial Technology, Bhubaneswar, India

Abstract


Titanic. Just a single word is enough to ignite myriad emotions. Many ships have sunk and have been forgotten in the annals of history. But Titanic is different. It is just not a story about a sinking ship. It is a story about sinking humans. That a ship as big as Titanic could sink was beyond anyone’s imagination. But it did . Facts and folklore abound as to why it sank and what could have prevented it. Films have been made. Stories have been written , each capturing a part of the whole. So many wrong things happened in the darkness of one night. Precious lives were lost. The story is no different when a corporation sinks. It is just not about investors losing money. It is also about people losing jobs and their families pushed to penury . Like the captain of a ship , the CEO steers a corporation towards its goals. Profit is surely an important goal. But the welfare of employees is paramount. In this review article , the author draws leadership lessons from the Titanic story.

Keywords


Leadership, Crisis Management, Risk Management, Communication, Titanic.

References





DOI: https://doi.org/10.23862/kiit-parikalpana%2F2021%2Fv17%2Fi1%2F209017