Case Paper 3 Putnam Investments

Case Paper 3. Putnam Investments: Rebuilding the Culture

In a three-page paper, please answer these questions. To improve trust and performance at Putnam Investments,

1) How should Ed Haldeman address the issues related to 401(k) plan transactions?

2) What should Ed Haldeman do regarding the underperforming Voyager Fund?

3) Explain why you prefer your choice of actions.

I expect your case paper to be an analytical one. Please don’t summarize the case in your paper. Please try to use OD (Organizational Development) concepts and theories from the textbook as much as you can and highlight these concepts and theories in your paper by underlining them.

Pay close attention to the feedback for your paper and try to incorporate it into your next case paper. Each day you are late in submission, you lose 1 point from your grade. Each case paper is graded based on a scale of 10 points. Your grade for the case study paper will be based on the depth of analysis, variety of OD (Organizational Development) concepts used in the analyses, and feasibility of your personal recommendations.

Charles "Ed" Haldeman Jr. is promoted CEO of Putnam Investments after the firm was badly damaged by a series of improper trading practices. He is charged with the task of managing the crisis, repairing the company culture, and putting the firm back into a pattern of growth. Haldeman realizes that nothing less than a radical change in the culture of Putnam Investments would be enough to win back the trust of clients and employees who felt betrayed by the firm's apparent misconduct. He must confront some tough decisions about recently uncovered questions concerning the handling of certain accounting transactions three years earlier and about the continued lagging performance of Voyager, the firm's flagship equity