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RBS reshapes its long‐term future Leadership development at the heart of the Group's long term recovery plan

RBS reshapes its long‐term future Leadership development at the heart of the Group's long term... Purpose – This article aims to review the latest management developments across the globe and pinpoint practical implications from cutting‐edge research and case studies. Design/methodology/approach – The briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings – The reputation of the Royal Bank of Scotland – one of the world's leading financial institutions – suffered catastrophically as a result of its ill‐judged acquisition of Dutch bank ABN AMRO and the wider implications of the global financial crisis. What had been seen as a stellar institution had to be baled out by the UK government, and its disgraced CEO, Sir Fred Goodwin, became the target of public outrage. Practical implications – The article provides strategic insights and practical thinking that have influenced some of the world's leading organizations. Originality/value – The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Strategic Direction Emerald Publishing

RBS reshapes its long‐term future Leadership development at the heart of the Group's long term recovery plan

Strategic Direction , Volume 27 (11): 3 – Oct 11, 2011

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Publisher
Emerald Publishing
Copyright
Copyright © 2011 Emerald Group Publishing Limited. All rights reserved.
ISSN
0258-0543
DOI
10.1108/02580541111177502
Publisher site
See Article on Publisher Site

Abstract

Purpose – This article aims to review the latest management developments across the globe and pinpoint practical implications from cutting‐edge research and case studies. Design/methodology/approach – The briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings – The reputation of the Royal Bank of Scotland – one of the world's leading financial institutions – suffered catastrophically as a result of its ill‐judged acquisition of Dutch bank ABN AMRO and the wider implications of the global financial crisis. What had been seen as a stellar institution had to be baled out by the UK government, and its disgraced CEO, Sir Fred Goodwin, became the target of public outrage. Practical implications – The article provides strategic insights and practical thinking that have influenced some of the world's leading organizations. Originality/value – The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format.

Journal

Strategic DirectionEmerald Publishing

Published: Oct 11, 2011

Keywords: Banks; Business schools; Leadership culture; Leadership development; Organizational change; Organizational culture; Organizational development; Risk management; Training organizations

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