Reference no: EM131504115
Case Study
For this assignment, read the case study, "The 1920 Farrow's Bank Failure: A Case of Managerial Hubris." This case is located in the ABI/Inform Complete database found in the CSU Online Library (see reference below).
Hollow, M. (2014). The 1920 Farrow's bank failure: A case of managerial hubris? Journal of Management History, 20(2), 164-178.
Regulators evaluated Thomas Farrow as being inflicted by managerial hubris at the time of the bank's collapse in 1920. With this scenario in mind, address the following questions, with thorough explanations and well-supported rationale.
1. How did corporate culture, leadership, power, and motivation affect Thomas' level of managerial hubris?
2. Relate managerial hubris to ethical decision making and the overall impact on the business environment.
3. Explain the pressures associated with ethical decision making at Farrow's Bank.
4. Do you think that if Farrow's Bank had a truly ethical business culture, the level of managerial hubris would have been decreased? Could this have affected the final outcome of Farrow's Bank? Explain your position.
Your response must be a minimum of three double-spaced pages. You are required to use at least one scholarly source in your response. All sources used must be referenced; paraphrased and quoted material must have accompanying in- text citations, and be cited per APA guidelines.
Deviation between budget and actual amounts
: A significant deviation between budget and actual amounts may indicate poor planning.
|
Inventory management systems
: Two manufacturing facilities are integrating their inventory management systems as a result of operations consolidation.
|
Your feelings about making the choices you made
: Were there any similarities in roles, choices or alternate choices? If so, what were they?Discuss with the group your feelings about making the choices you made
|
Research a minimum of one company involved in type of issue
: Research a minimum of one company involved in this type of issue. What best practices might a company implement to avoid negative behavior within organization?
|
How did motivation affect thomas level of managerial hubris
: Journal of Management History, 20(2), 164-178. How did corporate culture, leadership, power, and motivation affect Thomas' level of managerial hubris?
|
Discuss the role of the distribution channel
: Discuss the role of the distribution channel within an organization. Most organizations utilize multiple distribution channels to distribute their products.
|
Discuss the key operating principles as you will apply them
: Assignment: Strategic Management- Discuss the Key operating principles as you will apply them (Vision, Perception, Leadership, Reputation, Consistency).
|
What are the motivations of politicians as regulators
: HA3051 Accounting Theory - Interest Theory and what of the role of regulators (politicians)? What are the motivations of politicians as regulators?
|
Analyse the incident and derive actions or strategies
: Analyse the incident and derive actions or strategies that you can use next time to improve your management practice should you encounter a similar event.
|