Linda Kozlowski

Pre-requisite Module: • Business Strategy for competitive advantage Previous Module: • Introduction to people management (Hill, 2009) state “Molex’s competitive advantage is based on a strategy that blends low costs, excellent customer service, and the mass production of standardized products that are sold globally”. Using a pre-requisite module like business strategy for competitive advantage, it can be assumed that Molex are using theoretical concepts from porters generic strategies like focused

and ethical leadership of Tyco International’s former highest-paid chief executive officer (CEO) Dennis Kozlowski (Kaplan, 2009). Tyco International is a business leader in Global Fire Safety and Security Solutions. Tyco’s United States headquarters are in Princeton, New Jersey and the Corporate Headquarters in Schaffhausen, Switzerland. According to Kaplan (2009), over a decade, Dennis Kozlowski was a charismatic and ambitious CEO who had earned the nickname “Deal-a-Day” Dennis because of his notorious

Out of the three Wise Men, Stenton is the most dangerous person out of the three who runs the company in The Circle novel. The first founder of the Circle is Ty, the person who started the whole company and is always shy to show himself. During Mae’s first day at the Circle, she talks about how the Circle all begins with Ty, “Ty Gospodinov, the Circle’s boy-wonder visionary” (Eggers 19). Ty is the inventor of the company, he is the one going around and creating new inventions for the company

The Traitorous Tyco Scandal: Sentencing of L. Dennis Kozlowski and Mark Swartz Business Law 447-A Written By: Lindsey Proffitt White collar crime is not a victimless crime, and affects many people. These crimes can devastate a company, force investors to lose billions of dollars, and destroy people’s life savings. Through L. Dennis Kozlowski’s and Mark Swartz’s scandal reported in 2002, the Tyco Company lost over $28 billion dollars in debt. However, the biggest lash came to its shareholders

people working for the company will hold the same standard as the CEO. The people and the systems that they use for reporting and accounting are all the CEO has to back them when issues arise that may question the integrity of the CEO. In the case of Kozlowski, it appears that the right system and people were backing him to ensure his integrity was intact. Martin and Combs describe whistleblowers and how they can be key in keep high level Executives in line or helpful to the board's decision to remove

Tyco International was nearly ruined because of the unethical corporate culture Kozlowski was implementing. According to a study on leadership and organizational culture by T. Gilberson et al., the values within the organization can be linked to the personality characteristics of the CEO. It is upper management that is believed to be the primary influence on the creation and development of organizational culture.2 Kozlowski put policies in place to misappropriate the funds of the company, these policies

think and act (Taylor, et al., 2014). Business Leaders must establish the culture through clear guidelines and setting the example to foster ethical performance. Take for instance, the culture within Tyco International , which former CEO Dennis Kozlowski created one that was all about numbers. He had told BusinessWeek “the sky is the limit” (Jennings, 2012). In addition, research has shown that

officer (CEO) Dennis Kozlowski (Kaplan, 2009). Tyco International is a business leader in Global Fire Safety and Security Solutions. Tyco’s United States headquarters is in Princeton, New Jersey and the Corporate Headquarters in Schaffhausen, Switzerland. According to Kaplan (2009), Dennis Kozlowski reigned over a decade as an ambitious CEO who had earned the nickname “Deal-a-Day” Dennis based on his notorious business decisions including aggressive and speedy acquisitions. Kozlowski was a leader determined

2008). In September 2002, Kozlowski and Swartz were accused of stealing more than $170 million dollars from Tyco and swindling $430 million in the sale of company shares. Tyco’s former chief corporate counsel Mark A. Belnick was also found to have forged business records to hide over $14 million dollars that he received in company loans (Timeline of the Tyco International scandal, 2005). The first trial began in October 2003, which was declared a mistrial in April 2004, because a juror said she

Executive Compensation and the Dramatic Increase in Corporate Accounting Scandals According to one estimate, the total median CEO pay at the nation’s 350 largest publicly-owned firms grew from $2.7 million annually in 1995 to $6.8 million in 2005. The overall increase in CEO pay has outstripped inflation and the growth in non-managerial pay over the same period. Equally important is the trend in the composition of CEO performance-based pay which includes stock and stock option grants. Median