Before Chernobyl,9/11 and Fukushima Daiichi, there was the Titanic. Even after thesecatastrophic events, there is still the Titanic. 100 years after“unsinkable” ship was torn apart in a collision with an iceberg,its memory is as buoyant as ever.
While others pause to mark the disaster's 100thanniversary on April 15 in their own ways, I would like to considerits implications from a risk management perspective.
When the Titanic was built, she was the largest ship afloat.Given her great size and the massive publicity surrounding hermaiden voyage, more than 2,200 passengers and crew were on board.As a result, risk was unusually high owing to the potential loss ofso many lives.
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