Watch James Cameron’s blockbuster, and you might attribute the Titanic’s sinking 100 years ago to hubris — the ship was moving too fast through iceberg-laden waters.  But the causes of the disaster and its morals are more complex than that, and they contain important learnings for any organization trying to move quickly in unfamiliar territory:

  1. Don’t Fixate on the Competition
  2. Money Makes Mistakes Bigger
  3. Bigger Vessels Turn More Slowly
  4. Have a Warning System
  5. Know Your Competency
  6. Have Clear Decision-Making in a Crisis
  7. Disasters Often Seem Trivial at First 

See : http://goo.gl/ToUER