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Richard Fuld's Refusal to Change

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Can someone describe in their own words/experience when a leader refused to change his/her leadership style and/or didn't recognize a need for change in order to achieve desired results. What was the reason for the change(s) and what were the end results?

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Solution Summary

Richard Fuld is used to illustrate an example of a leader failing to see the need for, and enact, change in their organization.

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Dick Fuld refused to change his leadership style of domineering over those beneath him and basically being insulated as a leader from those beneath him. In regard to the markets, Fuld quintessentially built Lehman Brothers into a ...

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