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Instructions
The subject of the second case study analysis is the Wells Fargo debacle.Watch the video, Scandals Illustrated. Read the article, Wells Fargo Fraud (Links to an external site.). And, be sure to view the instructor's lecture posted in the discussion thread. Replies(due Sunday of week 5)Consider how the culture of the organization chosen by your classmate affects the way that communication and management strategy is implemented in order to promote an ethical workplace.Reply to at least 3 classmates.Video Link:https://www.youtube.com/watch?v=S2zuwHaWTwg&feature=emb_logo
Answer
How the culture of Wells Fargo affects the way that communication and management strategy is implemented to promote an ethical workplace.Wells Fargo Bank is a well-known institution and a leader in the Banking industry. The organisation has been in this business forever. Most customers and business partners trusted this organisation to keep their finances and investment safe. However, the sandal between May 2011 and July 2015 saw a huge number of the company workers destroy the culture that the company had cultivated for many years. The company had made it a culture in cross-selling, that every employee had to convince every household to take at least eight products from the bank. This created the philosophy of eight is great, and it was a motivation to the scandal (Crumbley Et Al. 2009).T...
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