In this video, Alex Berman offers his insights on the recent tragedy involving OceanGate’s submarine expedition to the Titanic, which ended in disaster with all aboard, including the CEO of OceanGate, losing their lives. Alex discusses the potential implications for OceanGate as a company and how they might navigate the future.
He scrutinizes their approach to safety, the inherent risks in their operations, and the potential routes they could take to recover or possibly reinvent themselves. Can OceanGate survive this catastrophe, or will they be forced to declare bankruptcy and shut down operations? Join Alex as he unpacks these critical questions from a business perspective.
This episode serves as a case study in crisis management and business strategy, providing valuable insights for entrepreneurs, executives, and anyone interested in the intersection of business and high-risk industries.