Why Did so Many People Die When the Titanic Sank?

Have you watched one of the top-grossing films of all time, Titanic? We have all been moved by the poignant story between Jack and Rose and the massive ship that caused the deadliest maritime disaster in modern history. I’d like to ask you this question – why did so many people die when the Titanic sank? You must have thought of hypothermia or even drowning, in its literal sense. It was however noted in many reports and studies that the answer to the question, why so many people have died when the Titanic sank is there were not enough lifeboats for everyone. This has been the classic case in point I have always been using when preaching standards and quality.It was a time in history where people questioned shipping standards and regulations, among other issues, which arose from the tragedy; it also called for navigational safety. If the shipping standards and regulations at the time were dealt with stringent management, it would have been a different scenario or the loss of life and the casualties could have been reduced.

Standards is defined as “A required or agreed level of quality or attainment” and Regulations, is defined as “A rule or directive made and maintained by an authority”. In the GRC space, spanning across a multitude of industries like Oil and Gas, Power and Utilities, Information Technology, Healthcare, Financial, Life science or others – there are standards and regulations imposed by a governing body. Standards and regulations are made to protect both entities – consumer and business. Compliance with standards and regulations is imperative and tantamount to success.Health Safety & Environment, for instance, is to avoid major hazards; SEMS Compliance ensures the overall safety of the offshore facility – these given examples of standards and regulations ensure safety and quality.And in today’s highly regulated marketplace, an error or a noncompliance could mean a lot of financial breakdown or worse a negative business impact that may surely cause some serious damages to the business.Its time to take control of your regulatory changes through integration of compliance automation tools, content, expert advisory and training to achieve continuous compliance – which means its time for Predict360 Saas-based Regulatory Compliance Software.

Compliance is not a distant star that is unreachable to the senses. You can actually place it in your hands and have a firm grasp of it if people, process and technology work together.

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