Describe why leadership failed and why followership failed.

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First, provide a detailed overview of the Wells Fargo Bank case. Then using a leadership lens (and at least one well-articulated leadership theory), explain how the scandal was perpetrated. Describe why leadership failed and why followership failed. Finally, what leadership fixes should be implemented to prevent a similar scandal in the future?

References

Teo, S. H. T, Kimes, S. E. (2019). Wells Fargo Bank: The Fake Accounts Scandal (Links to an external site.). SAGE Business Cases. https://doi.org/10.4135/9781526478894
U.S. House Committee on Financial Services. (2020, March 4). In advance of Wells Fargo hearings, Waters and Green release investigative report exposing failures of megabanks management, board, and regulators. Press Release. https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=406382

Requirements: Your submission should be 4-6-pages in length (not including title or reference pages) and be formatted according to APA 7. Be sure to discuss and reference concepts taken from the course reading material and relevant research. You must include a minimum of four credible, academic or professional references including the text or other course materials if used as a resource.

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