Question: n this assignment, you will be analyzing the Wells Fargo fake account scandal, identifying key issues, and providing recommendations for how the bank can improve.
n this assignment, you will be analyzing the Wells Fargo fake account scandal, identifying key issues, and providing recommendations for how the bank can improve.
First, please read chapters and in our textbook, paying particular attention to the topic of organizational culture.
Now, read the following articles about Wells Fargo:
Former Wells Fargo Employees Describe Toxic Culture, Even at HQLinks to an external site..
Wells Fargo Forced To Pay $ Billion For The Banks Fake Account Scandal Links to an external site.
Phony bank accounts resurface at Wells Fargo, with a twist
Answer the following questions:
How did organizational culture play a role in what happened at Wells Fargo? Explain by incorporating concepts from the articles and chapter readings.
Assuming the role of a consultant, provide one recommendation for how Wells Fargo can fix its problems.
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