Tag Archives: Authentic Leadership

How Volkswagen Could Have Saved $40 Billion, MBA Profs Say Company failed at authentic leadership, which NLU's MBA emphasizes

volkswagenShutterstock

Volkwagen exhibit at the 2015 Detroit Auto Show. MBA professors and students at National Louis University said VW showed a failure of authentic leadership. Photo credit: Darren Brode / Shutterstock.com

The international Volkswagen scandal, which is generating daily headlines, was a failure on the part of the German automaker’s officials to practice integrity, transparency and similar values encapsulated in the concept of authentic leadership, according to a National Louis University MBA professor.

And far from just harming Germany, the scandal, nicknamed Dieselgate because the automaker installed devices on its diesel vehicles that would show emissions as lower than they actually were, is causing economic, social and environmental ills to people here in the Chicago area. Industry experts say the scandal may ultimately cost Volkswagen $40 billion.

Another MBA professor questioned whether regulators can keep up with the complex software algorithms which industries such as automakers and financial services are increasingly employing.

Continue reading »