CONTENT PAGE * Introduction Page 2 * Crisis Page 3 1. Subprime Mortgage Crisis 2. Liquidation * Causes Page 5 * Impact Page 6 * Requirements Page 7-12 * Macro – Environment * Decision making method * Competitive strategy * Organization’s planning * Organization’s structure * Connection between Crisis & Culture * Resistance changes manage by manager * Advice to reduce crisis * Job related stress * The relevancy of innovation in mitigating the impact of the crisis and how the managers can foster innovation * Identification and description of relevant motivation theory that the managers can usefully apply to motivate the employees during the crisis * Feedback & Advices Page 12 * Referencing Guide Page 13

dfsfjn

Introduction
The organization in crisis that we chose to report on is the “Lehman brothers”.
On September 15, 2008, Lehman Brothers declared the largest bankruptcy in history and changed the American and global economy. The company’s investment banking and trading divisions were acquired by Barclays the next day. They were the fourth largest investment bank in the United States and they played an important role in the financial and commercial industries.
The company begun in 1844 when Henry Lehman immigrated to the United States from Rimpar, Bavaria and settled in Montgomery, Alabama