Corporate leaders shape culture of their organization

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Reference no: EM132223110

On March 14, 2012, Greg Smith, the executive director and head of the Goldman Sachs' US equity derivatives business in Europe, the Middle East and Africa, resigned his position. He came out and made public the corporate culture and leadership at this company in an op ed published in the New York Times.

1. Watch (if you have not done so) the three videos about this in the Watching page of the topic.

2. Read (again) the Discussion Case: Goldman Sachs' "Toxic Culture" at the beginning of Chapter 4.

3. Share your thoughts about the following issues, and more importantly, explain in details your arguments to support your position.

a. If the culture at Goldman Sachs is as it was described by Smith, how might senior executives change it?

b. Do the organization(s) to which you belong have a culture? How did it arise? Does it need to be changed? If yes, how?

c. In general, how can corporate leaders shape the culture of their organization? How does this culture affect employees? Provide examples to illustrate your points.

Reference no: EM132223110

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