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The Rule of Law and the Wisdom of the Ages

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For millennia the dominant thinking throughout human society was, ‘force over voluntary interactions.’ Regardless of the country, the adage of ‘might makes right’ was the guiding rule upon which people interacted with each other.

BusinessBrief February/March 2022 edition is now available!

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Read our exclusive cover story titled THE RULE OF LAW & THE WISDOM OF THE AGES by Chris Hattingh, Deputy Head of Campaigns, South African Institute of Race Relations, as well a host of other topical management articles written by professionals, consultants and academics in the February/March 2022 edition of BusinessBrief.

Reputation is a board-level concern

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On 15 April 1912, the 'unsinkable' RMS Titanic sank after colliding with an iceberg. It took the RMS Titanic a mere 160 minutes to sink. Originally it was thought that the iceberg had only caused a single long gash in the hull. However, after examining the wreck, it was found that the collision had produced a series of thin gashes, as well as brittle fracturing and separation of seams in the adjacent hull plates, which had allowed water to flood five of the 16 compartments. Interestingly, the ship had received six ice warnings before the collision. Similarly, Government and corporate reputations can be sunk when warnings over minor acts of maleficence and misdemeanours are treated as a cost of doing business.

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