Gives an idea of the collapse of prestigious financial institutions and organizational errors that contributed to it. Studies in the History Barings Bank, the establishment of the business of securities, particularly in the Far East, and as Nick Leeson, Barings trader in Singapore, will be able to run up massive losses in derivative trading, which led to the collapse of the bank. Defines cultural clashes, wage system, control deficiencies and other issues that have seriously weakened the effectiveness of matrix management, making an important contribution to the collapse. "Hide
by Stuart Hamilton, Donald A. Marchand, Alicia Bernard Source: IMD 17 pages. Publication Date: January 1, 1995. Prod. #: IMD001-PDF-ENG
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