Tag Archives: culture

Wells Fargo: Culture Eats Strategy (again) and (this time) the CEO


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Over the decades organizational culture has devoured hundreds, if not thousands of strategies. One of the most recent examples is the case of Wells Fargo, where culture not only ate a long-standing, apparently successful strategy but last week also consumed … Continue reading


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Pope Francis and the Environment – Transformational Leadership in Action


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A version of this post appeared earlier this year in the blog of the Drucker Society of Europe: To students of management Pope Francis is a fascinating study in leadership and organizational change. From his surprise election as an outsider, … Continue reading


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“Horses for Courses”: Changing the Guard at Citibank


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This week Vikram S. Pandit resigned suddenly as CEO of Citibank, together with his longtime lieutenant and business partner, John Havens, who was President and COO. Although Pandit claimed that he left voluntarily, it is clear that he and Havens … Continue reading


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Tattoos That Fit: Barclays, LIBOR, Culture and Regulation


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The questioning of Barclays Bank’s Bob Diamond by the U.K. Parliamentary Committee on the LIBOR rate fixing scandal a couple of weeks ago was riveting. The unflappable Diamond deflected the MPs queries with a practised ease despite mounting evidence of … Continue reading


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