Abstract
The corporate culture at Nexobank was toxic. Some even described the working environment as “Darwinian”—it was survival of the fittest. Everyone seemed to be out for themselves and teamwork was non-existent. What’s more, greed, bullying, and even plain illegal behavior were rampant. Singularly focused on profits and bonuses, the senior leadership team whittled away at their employees’ self-confidence, health, and sanity. The results were decreased productivity, low morale, serious absenteeism, and a disturbingly high employee turnover. For many, working at the bank had become an emotionally draining experience.
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Kets de Vries, M.F.R. (2017). Thank You Kindly. In: Riding the Leadership Rollercoaster. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-45162-6_14
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DOI: https://doi.org/10.1007/978-3-319-45162-6_14
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Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-45161-9
Online ISBN: 978-3-319-45162-6
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