Why did Theranos ultimately fail? Describe the causes that led to the scandal and ultimately the demise of Theranos.
business
Description
THERANOS:
THE INVENTOR…A CASE OF BAD BLOOD
Assignment
#1 : 10%
Instructions:
v The
objective of the assignment is to review a real life scenario of leadership and
ethics and analyze factors that contributed and led to the demise of the
organization as a result of the behaviour and actions of the leader. Students
will also evaluate and assess what they might do differently in this situation
as well as understand the significance of ethics and moral responsibility of
leaders.
·
View the following
documentary Theranos: The Inventor (approximately 2 hours)
http://bcit.summon.serialssolutions.com/#!/search?bookMark=eNotjLsKwjAUQDPo4OsfMrgWmtY2iZuKLxA6-FjlJrnBQLwBq6J_r6DTGQ7n9FmHEmGPZYcL8i09ke7pNuXN4859uvF5TMnxQHwfYrCJ-AlixPeQdT3EFkd_DthxtTwsNtmuWW8Xs11mCyVeWSF1IRUg6tpgDqVCbV2OHnwtJ9JqL7XBr6iFVNIJVeQgqkobpYywE7DlgI1_30A-GWjx7EO8tokcXoHc-Zvouio_yxI61A
·
Then work with a partner to answer the following 5 questions
listed below. Please provide specific examples for all your answers. You can
refer to your text as well as lectures and other sources for your responses.
Remember to cite all your sources.
·
Your assignment should be approximately 5 pages long. In addition,
it should also include a cover page and a bibliography.
·
Use Arial 11pt font; 1.5 spaced.
Questions:
1. Provide a brief, high
level summary of the case (5)
2. Who
are the key players in this case? Identify all stakeholders that were complicit
or contributed to ongoing unethical behaviour in this case (10)
3. Describe
Elizabeth Holmes leadership traits and personality. How did they impact and
influence employees at Theranos? Explain (10)
4. What
factors influenced Elizabeth Holmes unethical behaviour? (Refer to pages 52-54
in the text to help answer this question) (10)
5. Why
did Theranos ultimately fail? Describe the causes that led to the
scandal and ultimately the demise of Theranos.
(10)
6. If
you were a leader at Theranos, a) what would you have done to avoid a breach of
ethics and ultimately a scandal? b) discuss the significance of ethics in
leadership and its impact on an organization and its employees. (15)
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