Posts

Showing posts with the label Lehman

Change triggers

Change Management:New book few sample pages-free read Lehman Story -Financial services industry -USA World witnessed  the unexpected resilience and recovery  of Lehman Brothers only to anguish over  the collapse . Lehman's culture was one of  conservative management yet  it could rapidly adapt and  change when crisis hit them .The same  agile leadership and culture could not ensure survival when  confronted with another challenge to resurrect . The difference in both situations was  that in the  second time the crisis was  driven by greed of the leadership  that was hidden and not visible .  The  organization which displayed extraordinary agility to adapt had demonstrated another ugly side that  not only destroyed them but killed many allies who trusted them and were totally unprepared for the  sudden change of events and challenges. Three floors of World ...