Fighting Corruption at Siemens

Overview Fighting Corruption at Siemens (Harvard Business Publishing) multi-media case study (details in Coursepack). On November 15, 2006, German prosecutors raided offices and homes of Siemens AG staff as part of an ongoing investigation into bribery. The subsequent investigations covered business representing 60% of Siemens’ revenues and spanned operations in Asia, Africa, Europe, the Middle East, and the Americas. Through interviews with key Siemens executives and supporting internal materials, this multimedia case takes a look at how one of the world’s largest companies faced corruption head-on. (Summary of case taken from: https://hbsp.harvard.edu/product/112702-HTM-ENGLinks to an external site.) Assignment You will write a paper that responds to prompts communicated in the Instructors video introduction to the case (posted in Module 2) and copied here. The multi-media case study will be completed in Modules 2-4. You will submit a full rough draft of your responses to the prompts in Module 4. Once you have received feedback on your draft, you are to submit a final draft in Module 6. Prompts: (1) What is corruption? Who is harmed by corruption/what are the costs of corruption? (2) How did a well-known multinational firm like Siemens get itself into this situation? (3) What would be your concerns if you were Peter Loscher and had just accepted the position as Siemens CEO? What challenges exist and what actions should be taken? (4) Evaluate the change process adopted by Siemens. How effective is Loscher in changing the tone from the top in his meeting with employees (video shown on the Tone from the Top page)? Which of the other changes are important in addressing Siemens’ challenges and Loscher’s concerns identified in question 3? (5) In the training materials, two of the situations employees are asked to review include (a) a request from a representative of a private customer to arrange an internship for his son in the company; and (b) a request from a public customer in Kazakhstan that Siemens arrange travel and sightseeing for two members of the ministry of economics who are planning on joining customer representatives on an acceptance visit before delivery. The customer also requests that Siemens pay customer employees a per diem of $75 during U.S. training. How would you handle these situations? How would Siemens want them to be handled under its new standards? Technical and Submission Instructions Papers must be double-spaced, 12 pt. font, and 8 pages in length. NOTE: All documents should be saved as follows: ASmith_Assignment1 (your first initial, last name, underscore, and assignment number) and submitted to the appropriate Turnitin submission area in Blackboard. Evaluation Criteria Clarity of thought, structure of the paper/ideas, and quality of writing Supporting research Appropriate citations and use of APA Overall structure (concise and succinct) Rubric for this assignment is located in the course under Rubrics & Writing