Organizational culture is being assessed as a key variable in financial performance, including stock price.
The classic example has been Costco's "healthy' culture. Some contend there is a correlation between that and its return to investors.
Now, the culture has become, essentially, a defendant in a lawsuit. Here is the back story in Daily Mail.
After working about 5 months as an engineer at Uber, African-American self-taught engineer Joseph Thomas committed suicide. In his car parked in his garage, he shot himself. Two days later after being found by his wife, he died in the hospital.
His widow Zecole Thomas filed a lawsuit against Uber. She points to Uber's alleged toxic culture. Joseph turned down job offers a other companies, including Apple, to accept the Uber offer.
Yet, soon into his employment at Uber, he would return home and confide to his wife how he perceived he was being harassed. That included his superiors' criticism of his work performance.
Quickly he lapsed into a clinical depression. The psychiatrist recommended he seek out another job. But he already was too emotionally impaired to conduct a job search.
If Zecole lands a hefty settlement or fat jury award at trial, a door opens. Employees who perceive themselves harmed by organizational cultures will also consider lawsuits. This could become the hot niche in litigation.
In addition, it could provide incentive for organizations with alleged toxic cultures, such as Fox News, to purge itself of the masterminds of alleged abuse.
Place your sponsored content and links on Jane Genova's syndicated sites.
Inbound links range from Bloomberg to Bing to AOL.
High rankings on Google.
Complimentary Consultation janegenova374@gmail.com.
Comments