Cross Cultural Training Group

Using Proquest and other appropriate online sources, conduct extensive and detailed research into the corporate culture of Lehman Bros and its management in 2007, together with the behaviour of its senior management (especially its CEO). Use the data to establish a cultural analysis of the company using the Hofstede and GLOBE dimensions along with a detailed analysis of how the company can be judged against
the cultural dilemmas as outlined by Trompenaars (and others). From this, determine whether the organisational culture really had become toxic and whether the ultimate collapse of the bank was inevitable (reference could usefully be made to the work of Charles Hampden-Turner on virtuous circles and vicious spirals in this regard).

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