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The collapse of Barings

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Title: The collapse of Barings
Essay Details
Subject: Business
Date: November 28, 2008
Length: 4 / 1106
No of views: 0
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Essay text:

Nick Leeson does not fit with Barings’ culture even though he has technical and business skills. He takes more risk than is authorized. He doesn’t care about being part of the company; he only cares about money and to be a “star”. Moreover, he constantly behaves unethically...
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Moreover, he constantly behaves unethically. Coaching the Alpha male Bearings totally fails to “coach” Leeson. Leeson shows some of the Alpha male characteristics. He is impatient and wants his promotion at any cost. He has high performance expectations for himself and others and he is thus constantly dissatisfied...
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