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| Author: | Sims, R. R. |
| Title: | Changing an organization's culture under new leadership |
| Journal: | Journal of Business Ethics
2000 : MAY, VOL. 25:1 / I, p. 65-78 |
| Index terms: | Corporate culture Business ethics Organizational change Leadership Social responsibility USA |
| Freeterms: | Stock brokers |
| Language: | eng |
| Abstract: | Turning around and changing an organization's culture does not happen by chance. The purpose of this paper is to offer insights into what is needed for an organization to successfully transform itself from a culture and experience that does not support individual ethical behaviour. The recent bond trading scandal at Salomon Brothers will be used to demonstrate that a successful ethical turnaround does not just happen spontaneously. In particular, it is argued that new leadership, altering policies, structure, behaviour, and beliefs are paramount to successfully change to an organizational culture that supports ethical behaviour. |
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