Rats desert the sinking ship is an old English proverb which is used to indicate that people start to bail out on a project or abandon colleagues at the difficult times.
In old wooden ships there would always be rats on board. When the ship is about to sink the rats jump off and start swimming toward a safer place. It is said that that rats could instinctively detect the imminent collapse before human could. When rats leave a ship this is an ominous sign that the ship would sink.
Similarly at the initial stage of the failure of corporate the strategic personnel vacate their positions. When things are heading seriously downhill the top management realizes that the current financial distress is irreversible and the ultimate result will be the demise of the business. The drivers of the vehicle see the fatal end of this journey but not the poor passengers. So they leave the entity! Therefore the situation will get aggravated when the coxswain abandon the entity which is on its last legs, then you know the entity is doomed.
No comments:
Post a Comment