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Corporate culture at wells fargo

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Reference no: EM132662200

Read the article on Corporate Culture at Wells Fargo in the files folder and submit a paper answering the below selected questions from page 6 of the case.

1. What factors should senior executives consider to ensure that compensation and performance systems encourage the achievement of company objectives without compromising corporate culture?

2. The independent investigation concludes that "a strong centralized risk function is most suited to the effective management of risk". Is this conclusion correct? What steps can executives in a decentralized organization take to minimize gaps in oversight without creating unnecessary bureaucracy?

3. How much blame does the board deserve? What could it have done differently to prevent the cross-selling issue from snowballing?

4. How can a company gauge whether its governance system is effective in identifying and mitigating risk?

Reference no: EM132662200

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