Groupthink in the managment team

The Wells Fargo Debacle—Insights for Nonprofit Directors

 

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The Wells Fargo Debacle—Insights for Nonprofit Directors

By: Eugene Fram                          Digital Free Image

Like apples and oranges, a comparison between a $23 billion corporation and a typical nonprofit organization is hardly appropriate. Yet the recent upheaval at the Wells Fargo Corporation provides a cautionary tale for those who serve on nonprofit boards.

On September 8, 2016, the following report appeared in The New York Times: (more…)