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Tyco International Ltd. is a model of sophisticated and innovative manufacturing and service and certainly one of today's industry leaders. Tyco employs 250,000 people worldwide (Tyco International, Ltd., 2007).
It is vital for senior management to create new strategic plans in order to address legal, ethical, or corporate responsibility issues when the credibility of the senior management is at stake and this leads to a break down in authority of command. In Tyco, for example, the company first needed to disassociate itself from its CEO because he had been found guilty of misappropriating millions of dollars from Tyco (BBC News, 2002)...
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