CREATED ON 25th May 2017
COMPLETED ON 7th June 2017
Expert hired: WriterAficionado

Volkswagen Case Study - Critical Perspective in Leadership Management

In September 2015 hundreds of thousands of Volkswagen drivers in Britain faced a mass recall of their vehicles after the scandal engulfing the carmaker spread around the world. The German company admitted that 11 million of its cars worldwide were affected by a scam in which it deliberately cheated the testing of its diesel models for toxic emissions. VW group suffered a heavy blow on the Frankfurt stock exchange, with its share falling by 20% for the second consecutive day (23.09.2015). A total of €23 billion has now been wiped off the value of the company since the start of the week. Martin Winterkorn, VW’s chief executive, reiterated his earlier apologies, saying that he was “endlessly sorry …. For the wrongdoing” On 18th September 2015 the US Environmental Protection Agency said that VW diesel cars had much higher emissions than tests had suggested and that software in several diesel cars could deceive regulators. Half a million cars in the US were recalled. The agency found a “defeat device” that allowed diesel VW cars to emit less during tests than they would while driving normally. The New York attorney general has announced an investigation into the carmaker. In Britain, the Department for Transport also called on the EU to open an inquiry, amid fears that other manufacturers may have been cheating emissions tests. VW has announced that it is to set aside €6 billion to correct emission “discrepancies”, potential fines from regulators and possible legal claims from customers or rivals. The Brief As leaders, the board of directors of VW face a huge task in ensuring that further damage to the reputation of the brand is reduced and they need to minimise further financial losses. The board of directors have asked you to compile a report in order for them to recover lost confidence of shareholders. Drawing on material covered in the module you must produce a 4,000 word professionally written report focussing on what the board of directors must do to reassure the shareholders that every effort is being made to reduce additional financial losses. Report Structure • Executive Summary • Introduction • Findings and Discussion • Recommendations • References
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Studybay is a freelance platform where you can order a Volkswagen Case Study - Critical Perspective in Leadership Management paper, written from scratch by professors and tutors.
25 May 2017
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25 May 2017
9 experts responded
25 May 2017
User contacted expert WriterAficionado
25 May 2017
User hired expert WriterAficionado who offered a price of $40 for the project and has experience doing similar projects
07 June 2017
The expert completed the project Volkswagen Case Study - Critical Perspective in Leadership Management for 13 days, meeting the deadline
07 June 2017
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07 June 2017
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