Case Study Tyco International Leadership Crisis

Case Study: Tyco International: Leadership Crisis Case Study: Tyco International: Leadership Crisis Gupta Bhagirath, BUS604 Grand Canyon University Abstract Tyco International Ltd. NYSE: TYC is a highly diversified global manufacturing company incorporated in Switzerland, with United States operational headquarters in Princeton, New Jersey (Tyco International (US) Inc.). Tyco International is composed of five major business segments: ADT Worldwide, Fire Protection Services, Safety Products, Flow Control and Electrical and Metal Products. This case study describes the Leadership crisis faced by Tyco International and its rebuilding an empire again. In 2001, Dennis Kozlowski, chairman and CEO of Tyco International, was†¦show more content†¦What role did Tyco’s corporate culture play in the scandal? Tycos corporate culture was driven by the CEO, Dennis Kozlowski who admired the extravagant and lavish lifestyle lavish of the former CEO, Joseph Gaziano. He took an assertive approach to acquisitions and mergers, which helped Tyco, maintain a 14 year growth within the business units. He viewed himself as the organizations, therefore, conducted business in its own way. The company’s culture was shaped by Kozlowski’s goal to make Tyco the greatest company of the new century. Kozlowski knew the company from the bottom up and this gave him insight into how to grow the company to be the greatest. He hand-picked a group of people to help him achieve his goal. People that were willing to take risk as he was and those that thought it was acceptable to use company money for personal gain. 3. What roles did the board of directors, CEO, CFO, and legal counsel play? They all acted in a deceitful unethical manner and they all contributed to the downfall of Kozlowski’s empire. Everybody put their personal benefits ahead then the corporate benefits and did not perform their duties as defined by role and law. For details, refer answer 1 above. 4. Have Tyco’s recent actions been sufficient to restore confidence in the company? Edward D. Breen , new CEO understood that he was taking on one of theShow MoreRelatedCase Study: Tyco International: Leadership Crisis1653 Words   |  7 PagesCase Study: Tyco International: Leadership Crisis Case Study: Tyco International: Leadership Crisis Gupta Bhagirath, BUS604 Grand Canyon University Abstract Tyco International Ltd. NYSE: TYC is a highly diversified global manufacturing company incorporated in Switzerland, with United States operational headquarters in Princeton, New Jersey (Tyco International (US) Inc.). Tyco International is composed of five major business segments: ADT Worldwide, Fire Protection Services, Safety ProductsRead MoreTyco International: Leadership Crisis1629 Words   |  7 PagesTyco International: Leadership Crisis Case Study #14 Ethical Decision Making LDR Case Study Prepared by: Tyco International: Leadership Crisis Tyco International, one of the most notorious scandals of this decade. Tyco International is a diversified manufacturer that had a big ambition in the late 1990s: to become the next General Electric. The company provides security products and services, fire protection and detection products and services, valves and controls, and other industrialRead MoreEnron Tyco Case Studies2163 Words   |  9 PagesRunning head: CASE STUDIES: ENRON’S FALL AND TYCO INTERNATIONAL’S LEADERSHIP CRISIS Case Studies: Enron’s Fall and Tyco International’s Leadership Crisis Grand Canyon University BUS 604 November 4, 2009 Case Study: Enron’s Fall and Tyco International’s Leadership Crisis The tight Federal regulations now governing businesses and their accounting practices came about because one corporation, Enron, took risks their company could not withstand without taking some rather extreme measures inRead More Dennis Kozlowski: The Implications of Unethical Behavior2629 Words   |  11 PagesBrief Historical Summary Dennis Kozlowski, is the former Chief Executive Officer (CEO) of Tyco International Ltd. During his tenure, Kozlowski engaged in activities that were considered unethical. In 2005 Kozlowski was convicted of misappropriation of corporate funds. Kozlowski had been involved in illegal and unethical behavior during most of his tenure. The findings that lead to the conviction of the former CEO were due to the persistent questioning and interrogating tactics of the shareholdersRead MoreTyco International: Leadership Crisis1971 Words   |  8 PagesTyco International: Leadership Crisis Case Study Paper Group Project Abstract In 2002, Tyco International became the center of attention in a fraudulent scandal. CEO Leo Dennis Kozlowki, and CFO Mark Swartz, among other members of the board of directors in Tyco International, were found at fault for the misuse of company funds. The internal investigation and federal finding revealed that Tyco’s money was use for personal forgiveness loans, bribes paid in form of bonus for business dealsRead MoreReflection Paper On Business Ethics2881 Words   |  12 Pagesthe last ten years and some of the effects it had on individuals I could not name those that were considered the worst; therefore, the top ten frauds of the century and the reasons why they reached this dubious rank was very interesting. In most cases, these frauds did not help, but actually hindered both the stakeholders as well as the shareholders. I did do additional research to make sure that I understood these businesses and how they imploded. Because I found them almost mind-blowing, I have Read MoreToxic Leadership3579 Words   |  15 PagesHow Dark Side Leadership Personality Destroys Trust and Degrades Organizational Effectiveness Introduction People seem implicitly to attach the word good to the word leadership. This tendency may explain why academic researchers have avoided managerial (and leadership) incompetence. The recent implosion of several organizations (i.e. Enron, Tyco, WorldCom, Hollinger International) and the associated media coverage has called attention to the existence of bad leaders. This article drawsRead MoreUnethical Behaviour12228 Words   |  49 Pagesrespective organizations. After defining relevant terms including ethics, morality, and ethical and unethical leadership, a conceptual framework for the unethical behavior of leaders is proposed, which includes the three â€Å"perfect storm† dimensions of leaders, followers, and situational context. Additionally, the mediating variable termed â€Å"critical incident† suggests that unethical leadership behavior is precipitated by a catalyzing thought, condition, intention, or event. With specific examples illustratingRead MoreAgency And St akeholder Theories To The Enron Debacle6344 Words   |  26 Pagesaccounting, ï ¬ nance, and management. After discussing the Enron bankruptcy from the perspectives of various stakeholders, we evaluate the implications of the Enron case and unethical managerial behavior in light of the agency and stakeholder theories. The Enron case is important for a number of reasons. It was one of the largest bankruptcy cases in U.S. business history. In 2001, it was the ï ¬ fth largest company on the Fortune 500, and the market leader in energy production, distribution, and trading. DespiteRead MoreInternational Management67196 Words   |  269 PagesThis page intentionally left blank International Management Culture, Strategy, and Behavior Eighth Edition Fred Luthans University of Nebraska–Lincoln Jonathan P. Doh Villanova University INTERNATIONAL MANAGEMENT: CULTURE, STRATEGY, AND BEHAVIOR, EIGHTH EDITION Published by McGraw-Hill, a business unit of The McGraw-Hill Companies, Inc., 1221 Avenue of the Americas, New York, NY 10020. Copyright  © 2012 by The McGraw-Hill Companies, Inc. All rights reserved. Previous editions  © 2009

The Death Of An Apartment Door Essay - 1235 Words

The escalating sounds of frenzied footsteps and shrieks had begun to frighten me, as I was walking to my friend’s home. Out of nowhere, my eyes started to burn and a hysterical cough overwhelmed my entire body. I had lost complete awareness of my surroundings. The oxygen fleeing my body with every cough left me in a state of terror. A faded figure wrapped their arm around me and assisted me into the lobby of an apartment building. As I partially regained my consciousness, an overlapping group of voices said,†Iyi misin?†, â€Å"Are you okay?† in Turkish. I nodded out of habit, although all I could think about was when my cough was going to cease. Forcing my eyelids fully open, I saw two distinct figures; a man with a torn piece of cloth wrapped around his head, whom I presumed helped get me off the street, and a concerned young woman awaiting outside an apartment door. A mid-aged woman rushed out of the apartment towards me, with her hands full. She leaned ov er my head and gently poured milk over my face, assuring me that I was going to feel better. I enjoyed the soothing sensation all over my face, though it was brief. Then, the woman begun squeezing lemon juice onto a white cloth, and told me to breathe into it. After a short while, my mind had been freed from captivity of the tear gas, and I came to an inspiring realization. These strangers had helped me without question. At the time, it did not matter to them who I was, where I was from or what beliefs I held. They most likelyShow MoreRelatedShort Story1666 Words   |  7 Pageshesitate. â€Å"Yep.† An hour later, Coates and Chay sat in their car in front of Shadontay Harris’ apartment when Chay got a call, he put the phone on speaker. Ricardo aka Rick Smith had been arrested for beating up the old woman he lived with. As soon as Chay disconnected the call, Coates spotted Shadontay got out of a car carrying a grocery bag. She tapped Chay and they watched as their suspect headed for his apartment. Coates raised an eyebrow. The boy is fine, Facebook didn’t do him justice. Chay noticedRead MoreThe Story Of My Life1723 Words   |  7 Pagesmoved out a year ago. My aunt helped out with my rent. She gotta it like that. You know, money, or else I would’ve had to put up with my mama. Savannah used to keep my mind off her, but now...† It was clear that he was shaken and hurt by Savannah’s death. He wanted to go into fashion and his mother used to criticize him for it, saying that only women and gay guys go into fashion. â€Å"I’m not gay, I just love fashion. I know people thought I had a crush on Savannah, but that was the farthest from the truthRead MoreAnother Cold Case for the FBI1342 Words   |  5 PagesGiselle Morales stood outside her boyfriends apartment, knocking on the door repeatedly. Joel! Joel! Open the door idiot! she screamed, in her deep Brooklyn accent, waking up all of the residents in his apartment building on the cold brisk New York morning. There was no response from the inside. She pulled her merm jacket around her, to protect herself from the December cold. The aroma of beef patties emerged from a nearby Caribbean restaurant. Giselle thought of knocking again, thenRead MoreThe Cask Of Amontillado By Edgar Allan Poe1588 Words   |  7 Pagesstories. Poe’s works mainly focused on horror and death. This could be due to the many deaths and hardships he has faced in his life time. Poe lived a short life of only forty years but works such as â€Å"The Cask of Amontillado†, The Murders in the Rue Morgue†, and â€Å"The Raven† made him a well-known writer. According to the Poe Museum he was seen as a morbid and mysterious man in the public eye thanks to Rufus Griswold who wrote Poe’s obituary after his death. 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My brain told me to run and hide, but my body stood rooted to the ground. I was frozen...except the one heavy warm tear trickling down what seemed like my lifeless face. It was exactly a month after my 12th birthday when my parents moved me and my younger siblings to VYV, an apartment building in Jersey City. For years before, I had begged my parents to let me babysit my siblingsRead MoreStephen R. Covey s Contents Of A Dead Man s Pockets1209 Words   |  5 Pagesimportance of enjoying life rather than chasing fruitless ambition through extensive symbolism and a touch of satire. At the beginning of the story, as main character Tom Benecke is organizing papers on his desk, he remarks on how hot it is in his apartment - showing that he feels stifled and uncomfortable where he is - and only then realizes that he is not hot, but feeling guilty. 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Unprofessional Conduct, or Is It free essay sample

The patient consented and began treatment. However, after the first dose, she explained to the nurse that she was having second thoughts. At the patient’s request, the nurse returned later that evening, and met with the patient and her family. After two hours of conversation about the alternative methods, as well as the chemotherapy, and both of the risks and side effects, all agreed that the patient would stay and continue the chemotherapy. Prior to the nurse returning to see the patient, the patient’s daughter-in-law had called to inform the doctor of what was going to take place between the nurse, patient, and family. The doctor ordered the chemotherapy stopped until the family made a decision. The patient died two weeks later. Later that month the nurse was reported to the State Board for unprofessional conduct, after a hearing her license was suspended for six months. Was this fair? This paper will review the ethical implications of this case, for instance, did this nurse do anything wrong? Did she move beyond her scope of practice? Could her actions be justified under the patient advocate portion of her job? In addition, should she have been sanctioned? The hearing officer in the case found the nurse guilty of unprofessional conduct. We will write a custom essay sample on Unprofessional Conduct, or Is It? or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page However, in 1976, there were no set standards in place, through either the Board or statutes specifically defining unprofessional conduct. Encarta defines unprofessional conduct as â€Å"contrary to the expected standards of a profession†; if there are no definite expectations, how can one do something contrary to what is expected? In this author’s opinion, this nurse was not guilty of unprofessional conduct, if anything, she could have informed the patient’s physician of the information the patient wanted and informed him that she was going to talk to her. In saying that, it was stated in transcripts from LSU Law Center (1998), the student nurse, Candice Freeman, and the patient’s son, both testified that the defendant stated that what she was telling them was â€Å"somewhat unethical†. If the defendant thought that, then she should have mentioned it to the patient’s physician. In addition, the International Council of Nurses, in 1973, wrote a Code of Ethics for Nurses that stated, â€Å"The nurse, in providing care, promotes an environment in which the values, customs, and spiritual beliefs of the individual are respected†. In reading this, one could interpret that the defendant was only respecting the patient’s spiritual beliefs since she believed that her reliance on her religion and faith was what kept her alive for the previous twelve years.

Reflection David Cole on Dr. Fraciszek Piper’s Information Essay Example

Reflection: David Cole on Dr. Fraciszek Piper’s Information Paper Name: Course: Tutor: Date: We will write a custom essay sample on Reflection: David Cole on Dr. Fraciszek Piper’s Information specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Reflection: David Cole on Dr. Fraciszek Piper’s Information specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Reflection: David Cole on Dr. Fraciszek Piper’s Information specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Reflection: David Cole on Dr. Fraciszek Piper’s Information In his quest of finding out what really took place in the largest concentration camp ran by the Germans in Auschwitz, Poland, David Cole takes a trip to Auschwitz, Europe. This 1992 trip took place in order to investigate the proof held that the mass murder in the gas chambers were unquestionable. In the series of videos, Cole raises the inconsistencies of the stories or the proof given by the tour guides and what he had read in the books concerning the Holocaust. For example, he raises concern when there is a contradiction in Elisha’s story (tour guide) and the guide supervisor’s story concerning the holes on the roof and the structure of the chamber. The tour guide said that the holes were originally there while the supervisor stated that the holes were put after the war. The tour guide also said that there were no partitioning walls present while the structure showed evidence of partitioned walls that were once there but removed. Although the mass murders in the main concentration camps have been taught as the unquestionable truth for many years, Cole, among other revisionists, have brought a new perception on the topic and shown that what was known to be unquestionable can be questionable. As earlier stated, the holes where the Zyklon B gas was said to be passed through may have been put after the war by the Soviet Union in order to authenticate their murder story. Cole further proves that the chamber may not have been originally a chamber, but rooms that were used as bathrooms. There were manholes present and the evidence of partitioning walls that had been destroyed. Cole also shows a number of restructurings that may have taken place either during the war or post the war. Although Cole states that the only evidence available is from witnesses whose information may lack credibility, it is also significant to take notice of the evidence from these witnesses may be as important. What they say is what they saw. If it were a few survivors giving contradicting information, then it would be proven otherwise. However, many survivors have information that suggested the existence of such mass murders. However, the numbers of deaths may have been exaggerated. It was estimated that the death toll was over four million people. However, Dr. Franciszek Piper, a great revisionist of the Holocaust, confirmed that the numbers were approximately 1.1 million deaths. Dr. Piper gives an explanation of how the restructuring took place. According to Dr. Piper’s explanation, after the liberation, the gas chamber was restructured in order to act as an air shelter. It was then restructured once more in order to gain the view of the original 1941-1942 gas chamber. This is why there seems to be wall partitions in the main chamber. The holes in the roofs were also restructured and that is why they do not look original. Although Cole gives his own doubts concerning the chamber and the alleged transfer of prisoners’ bodies to Birkenau, there is more to be revealed about the existence of the gas chambers and the Holocaust incidences. All these witnesses may not have just decided to pick a story and tell all on their own without having a reason to. Cole argues that the presence of the pictures of piles of shoes and clothing may have been from the prisoners since they were given clothing and shoes on arrival. The Zyklon B was used to control lice and other pests among the inmates. This may be true. Nevertheless, Cole must also observe that the clothes and the shoes may have come from the prisoners who may have entered the chambers under the pretense that they were going to take a bath, as revisionists write in the various books. As he says at the beginning of the puzzle, this is only a piece of a larger puzzle.