In 2008, citing Goldman as one of the “Top 20 Most admired Companies” in the United States, Fortune magazine characterized the firm’s culture as “an impossible-to-replicate mix of extreme aggression, deep paranoia, individual ambition, and robot-like teamwork.” Judging from our case, how valid do you regard this characterization? If you were a top manager at Goldman, how would you deal with the apparent conflict between “individual ambition” and “robot-like teamwork”?
Answer to relevant QuestionsDefine ethical and unethical behavior. Give three specific examples of ethical behavior and three specific examples of unethical behavior. Where do organizational ethics come from? Describe the contributions made by the organization’s founder, managers, and workers as well as laws and social norms. Which do you think is most influential? Why? Review the following chart of Hofstede’s cultural dimensions. Based on the chart, tell which country you would most like to work in and why. Tell which country you would like least to work in and why. Assume that you are the CEO of Walmart. What are the basic environmental challenges you face as your company continues its globalization efforts? Give some specific examples that relate to Walmart. Think of a time when issues of diversity or multiculturalism created an advantage or led to positive outcomes at school or work. What actions did the participants take to lead to those positive outcomes?
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