Management of a company is required to make difficult decisions based on the events that occur throughout its corporate history. Sunbeam Corporation was not an exception from this concept. The events led by Albert Dunlap had an effect on many people. Most of which affected the basis of financial implications of shareholders wealth.
Confident and Controlling Demeanor is a Result of Expectation
During the case of the Sunbeam Corporation of the late 1990s, there was an individual who had an impact on many of the people involved in the company. Albert Dunlap had a straightforward approach to management. He wanted to do things his way and did not care about the ways it negatively affected others feelings or emotions. He felt if he was right and it would provide a positive impact on the company, the decisions he made had to be done. With that said, in examining his reason or cause of action, one could understand why he operated in such a manner. On one hand, a leader who operates hesitantly or with meek intentions, for example, that of a one Roger …show more content…
Other companies and industries proceeded with caution in collaboration with its services. A source provided that three top American Medical Association officials were fired due to their involvement with an endorsement deal with Sunbeam. Sunbeam’s culture had been affecting how other businesses management teams were operated and as a result, ultimately caused turmoil with the AMA (AMA fires execs over Sunbeam deal, 1997, para. 1). In an effort of trying to change the landscape of the company profits, Sunbeam’s hiring of Dunlap had given them an option of exclusively going with the way he operated or going in a different direction. With the board’s reassurance that their managing and operations were in full compliance with the accounting auditors were left with a difficult decision (Hatfield & Webb, 2010, pgs.