Read https://www.scu.edu/ethics/focus-areas/business-ethics/resources/wells-fargo-banking-scandal/and complete the questions at the end of the case study.
GENERAL DISCUSSION QUESTIONSWhat should business leaders take away from this scandal?What could Wells Fargo have done differently to avert this cultural meltdown?PRACTICE OF ETHICAL LEADERSHIP QUESTIONSModeling Character and Values: What values did Stumpf model to Wells Fargo employees? What impact
might that have on the culture of Wells Fargo?Encouraging Ethical Conduct: What behaviors can leaders model in order to encourage ethical behavior
in their organization?Designing Ethical Systems: Wells Fargo did have some systems in place, like the ethics hotline, to report
unethical behavior, but it didn’t work. Why do you think that is? What steps can leaders take to design
systems that encourage ethical behavior rather than unethical behavior?
Sample Solution
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