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.). 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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