One of our commentators has reported that Mike Lawrie CEO of CSC has compared CSC to sailing on the Titanic. This post takes its title from the first feature film about that tragic night of the sinking of The Titanic.
The captain of The Titanic was Edward Smith, a very experienced sailor and sea captain of ocean going liners. He was known as the Millionaires Captain because he seen as a someone to trust your life with, resulting in many millionaires choosing his voyages when crossing the Atlantic. It was for this reason that he was chosen by the White Star Line to captain the maiden voyage of the largest most modern and best equipped ship of the age, The Titanic. We assume that Mike Lawrie must be the Millionaires CEO since he is obviously seen by the millionaires on company boards as a safe pair of hands for dealing with ailing companies. Hence he is now leading CSC with a view to sailing it to a 'safe harbour' as it were.
But note: The Titanic sank because Captain Edward Smith ignored all safety warnings about large icebergs being on his chosen route to New York. He was in bed when disaster struck. It was not because the ship was faulty or the crew was useless they did what they were told to do. The captain alone was at fault and as a result 1,571 people lost their lives and a legend was born. CSC is certainly in need of care and attention and has, or had, many successful accounts delivering good profitable revenues. However, under Mr Lawrie’s tenure CSC revenues have shrunk, staff morale is awful, layoffs continue, and clients are leaving, as the company speeds ahead into dangerous waters. Will the captain change the route based on all the information given? We doubt it.
At the end of The Night To Remember, when Captain Smith saw all was lost he gallantly did the right thing and went down with his ship. He knew there was no one to blame but himself. We doubt that Captain Lawrie will be going down with SS CSC; he has his own lifeboat in the shape of multi-million dollar bonuses and performance rewards to sustain him.
What about the passengers and crew of CSC, Is it every man for himself? Cue song