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( I want short answer from your own word and opinion ) 1-A former employee of Nortel made
the statement that, for the most part, Nortel employees consisted of a group of ''good people''
caught up in a ''bad culture.'' Do you think there is any merit to this statement? 2-Should
stakeholders such as employees and pensioners have any recourse against management in
leadership positions who play a significant role in the decision-making that ultimately leads to
collapse of an organization? 3-Would a different executive compensation strategy have
minimized the probability of excessive management risk-taking? What role should the board of
directors have played in managing compensation strategies?
Solution
1.
I dont think there is a merit on that statement because if they were good people caught in a bad
culture then they should have done something about it, the human resources offices should had
taken actions to improve the culture, people need to raise a flag when something is just not right.
If their voices arent spoken then, managment will assume that no news are good news.
2
I dont believe they should have any resource, if they bought the stocks for the company they
work they should trust the people in charge of making decistions. If you buy a stock on the
NASDAQ you dont have any resource against the owner of the company, if not every body will
be speaking their oppinion and will like to lead on where they think is the right direction. If you
are not happy with your stocks, then sell it.
3
Yes, the board of directos should have played a bigger roll , delegating some of the functions of
managment to them, on theory they have more experience and wisdom to take the correct
decisitions and take calculate risks

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( I want short answer from your own word and opinion ) 1-A former em.pdf

  • 1. ( I want short answer from your own word and opinion ) 1-A former employee of Nortel made the statement that, for the most part, Nortel employees consisted of a group of ''good people'' caught up in a ''bad culture.'' Do you think there is any merit to this statement? 2-Should stakeholders such as employees and pensioners have any recourse against management in leadership positions who play a significant role in the decision-making that ultimately leads to collapse of an organization? 3-Would a different executive compensation strategy have minimized the probability of excessive management risk-taking? What role should the board of directors have played in managing compensation strategies? Solution 1. I dont think there is a merit on that statement because if they were good people caught in a bad culture then they should have done something about it, the human resources offices should had taken actions to improve the culture, people need to raise a flag when something is just not right. If their voices arent spoken then, managment will assume that no news are good news. 2 I dont believe they should have any resource, if they bought the stocks for the company they work they should trust the people in charge of making decistions. If you buy a stock on the NASDAQ you dont have any resource against the owner of the company, if not every body will be speaking their oppinion and will like to lead on where they think is the right direction. If you are not happy with your stocks, then sell it. 3 Yes, the board of directos should have played a bigger roll , delegating some of the functions of managment to them, on theory they have more experience and wisdom to take the correct decisitions and take calculate risks