SJSU ?Read Wells Fargo Banking Scandal Case Study

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nwpuh1

Business Finance

San Jose State University

Description

Read Wells Fargo Banking Scandal and complete the questions at the end of the case study.

https://www.scu.edu/ethics/focus-areas/business-ethics/resources/wells-fargo-banking-scandal/

General Discussion Questions

What should business leaders take away from this scandal?

What could Wells Fargo have done differently to avert this cultural meltdown?

Practice of Ethical Leadership Questions

Modeling Character and Values:  What values did Stumpf model to Wells Fargo employees?  What impact might that have on the culture of Wells Fargo?

Encouraging Ethical Conduct:  What behaviors can leaders model in order to encourage ethical behavior in their organization?

Designing Ethical Systems:  Wells Fargo did have some systems in place, like the ethics hotline, to report unethical behavior, but it didn’t work.  Why do you think that is? What steps can leaders take to design systems that encourage ethical behavior rather than unethical behavior

Explanation & Answer:
2 pages
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Explanation & Answer

Hey pal, kindly find attached the complete assignment. Please feel free to ask for any corrections or clarification. I hope to hear from you soon until then, stay awesome!

Surname 1
RUNNING HEAD: A Case study

Wells Fargo Banking Scandal Case Study

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Surname 2
RUNNING HEAD: A Case study
General discussion questions
Question 1
From the Wells Fargo scandal, business leaders can learn how important it is for a
company to establish, implement, and maintain a good organizational culture. This means that
the business leaders are responsible for creating an ethical approach to every operation carried
out in the business. This will ensure that the company maintains its good reputation and acquire a
good position in the market “It takes 20 years to build a reputation and five minutes to ruin it. If
you think about that, you will do things differently.” (Snyder, 2017). This is one of the famous
quotes from the Oracle of Omaha, Warren Buffett. The leaders of Wells Fargo did not think
about the consequences of...


Anonymous
Just what I was looking for! Super helpful.

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