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  • July 2001 (Revised January 2007)
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Lehman Brothers (C): Decline of the Equity Research Department

By: Ashish Nanda and Boris Groysberg
  • Format:Print
  • | Pages:27
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Abstract

This case tracks the rapid decline of Lehman Brothers' equity research department from August 1992, when, beset by declining ranking, low morale, and high turnover, firm management decides to clean house and reinvest in building the department.

Keywords

Organizational Change and Adaptation; Business or Company Management; Leadership; Human Resources; Financial Services Industry

Citation

Nanda, Ashish, and Boris Groysberg. "Lehman Brothers (C): Decline of the Equity Research Department." Harvard Business School Case 902-003, July 2001. (Revised January 2007.)
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About The Authors

Ashish Nanda

Strategy
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Boris Groysberg

Organizational Behavior
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Related Work

    • July 2001 (Revised January 2007)
    • Faculty Research

    Lehman Brothers (C): Decline of the Equity Research Department

    By: Ashish Nanda and Boris Groysberg
Related Work
  • Lehman Brothers (C): Decline of the Equity Research Department By: Ashish Nanda and Boris Groysberg
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