Case Application # 1 (Resume Regrets) page 226 write and submit by the deadline responses to the Discussion Questions (7-14, 7-15, 7-16, & 7-17)on page 226 of the text. Single spaced word document.

#1 CASE APPLICATION Rsum Regrets Land 21 percent of rsum falsification state a fraudu- 226 Part 3 Organizing uman resource (HR) managers say that 53 percent After all this came down, a person close to the company of rsums and job applications contain falsification, said that, In the absence of evidence that Mr. Thompson ac- tively misled Yahoo! about his rsum, Yahoo!'s directors likely lent degree. In this age of digital and social media, it's hard to won't force him out. Maintaining him as CEO of Yahoo! at this imagine anyone falsifying their records, much less someone time is more important than whether he had a computer science who's in a company's top position as CEO.78 degree or not." And at first, that was the stance Yahoo!'s board After a thorough search, Scott Thompson was named took. However, the controversy continued to grow. In a meeting as Yahoo!'s CEO in early 2012. Prior to his appointment at with senior Yahoo! officials, Thompson said he "regretted not Yahoo!, Thompson was president of PayPal, and prior to finding an error in his public biography." He then suggested that that he was PayPal's chief technology officer. Thompson maybe an executive search firm might have inserted this infor- replaced Carol Bartz, a well- mation more than seven years known computer industry ex- earlier. Yet, this blame game ecutive, who, after two years Would YOU lie on a rsum backfired. Some of his com- on the job, had been unable to get a job you want? ments ended up on tech blogs, to resolve Yahoo!'s troubles. which angered the search firm, 70 percent of college In his first months on the which produced documents job, Thompson formulated students said they would! from Mr. Thompson showing a strategic plan for turning his inaccurate biography. As around the company, includ- one person close to the situ- ing a massive layoff of employees. Then, the whole situation ation said, The cover-up became worse than the crime." Not started to unravel. An activist investor sent a letter to Yahoo!'s long after, Thompson ended up resigning his position. Although board of directors expressing concern about an SEC regula the board did not give him severance pay, he did get to keep $7 tory filing signed by Thompson that stated to the best of his million of the cash and stock he received when appointed to the knowledge its contents were accurate." That document said position. Not a bad haul for only four months' work. (Epilogue: that Thompson had earned a college degree in accounting Thompson was replaced by Marissa Mayer, whom we intro- and computer science in 1979 from a small university south duced in Case Application #1 in Chapter 6.) of Boston. The activist investor said he had reason to believe that the degree was in accounting only. And, come to find Discussion Questions out, the university didn't have a computer science program 7-14 What does this story tell you about the importance of checking until the early 1980s and school officials confirmed that Mr. a job applicant's background? Thompson received a bachelor's of science degree in business 7-15 What stakeholders are affected when an executive has inac- administration. The activist investor questioned if Thompson curacies in his or her rsume? How might they be affected? had embellished his academic credentials and if the board 7-16 Look at the statistics in the first paragraph of this story. Are you had failed to exercise due "diligence and oversight in one surprised by them? Why or why not? of its most important tasksidentifying and hiring the chief 7-17 What can you learn from this story (a) personally and (b) executive officer." professionally