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Management gurus claim they were blindsided by toxic culture at Countrywide – Iwatch

Management gurus claim they were blindsided by toxic culture at Countrywide – Iwatch


Expert fired for raising concerns about doomed lender, she says

On her first day at Countrywide Financial Corp., Cynder Niemela gave a talk to a gathering of her new colleagues. Every company, she said, has its own culture. Each is a tribe with its own rituals and myths.

Niemela, a management guru who’d worked for Boeing and other big employers, told the group of executives that research showed it took 16 months for a worker to become fully part of a corporate “tribe.” That time would allow her, she added, to offer a fresh perspective on how things were done at Countrywide.

[Iwatch]

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