How Bad Leaders Get Worse over Time
When Volkswagen appointed a CEO in 2007, that leader came in with a firm reputation. Martin Winterkorn was known for unbridled ambition and ruling with an iron fist. VW set the goal of becoming the number one carmaker in the world. Winterkorn wanted the German car company to beat Toyota and General Motors in units sold, profits, and customer satisfaction within ten years. At first, there were big successes. But in 2015, a scandal broke: Emissionsgate. Volkwagen had created a...Read more...
