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Shame On Our Apology Economy

Lead Change Blog

Last week the CEO of Wells Fargo, a bank that’s been around since 1852, testified before Congress about the egregious wrong-doings committed by employees in his company all in the name of meeting sales goals. The chairman of the Senate Banking Committee, Sen. Richard Shelby, R-Ala.,

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Dennis Kozlowski Was Not a Thief

Harvard Business Review

The directors needed Kozlowski to be convicted for a number of reasons, not the least of which was a half billion dollar golden parachute the company would owe Kozlowski if he was found not guilty. At worst, Kozlowski made some poor business decisions that left him vulnerable to attack.

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How IBM's Sam Palmisano Redefined the Global Corporation

Harvard Business Review

He also forced partners and distributors to commit in writing to uphold IBM's strict ethical standards. In 2009 he called off the $7 billion acquisition of Sun Microsystems in part due to Sun's egregious golden parachutes.