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Riding the Tiger: Leading Through Learning in Turbulent Times by Ed Cohen, Priscilla Nelson

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Organizational Crisis Strikes: The Legacy of the Satyam Experience

 

 

On January 7, 2009, Ramalinga Raju, the founder and chairman of Satyam Computer Services, disclosed the actions that would cause the company's fall from grace. Those of us who were shareholders saw our investments disappear like a tsunami into a pool of financial destruction. We all looked on in disbelief as the news emerged (figure 1-1).It was 11 a.m. in Hyderabad. Up to that moment, we had all been immersed in planning and delivering learning.

I—Priscilla—was the global director of people leadership at Satyam. As part of the company's overall leadership for learning, I had ...

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