This case investigate Lehman Brothers in the months preceding its collapse. Following the announcement of a tremendous and unexpected second quarter loss, the CFO was removed from her post after just seven months in the job. This case explores the challenges faced by a business leader as she tries to handle a situation that threatens the company's survival.
In particular, the case allows for an examination of how changes in a firm's performance and position are communicated to key outside stakeholders in an attempt to keep their self-confidence, while market conditions worsen, the balance sheet deteriorates, and the company's credibility is challenged by a short selling hedge fund.
PUBLICATION DATE: April 02, 2009 PRODUCT #: 309093-HCB-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE