“The Dropout” by ABC News.
Watch a video adaptation of the popular podcast, “The Dropout”
produced by ABC News. You may listen to the podcast, but it is significantly longer.
The video is free to watch with commercials. If you are outside of the United States, please view the playlist version on YouTube. The first video is here. ‘The Dropout’ Part 1: Where ex-Theranos CEO Elizabeth Holmes
got her start
https://www.youtube.com/watch?v=kG_F118ruOM&list=PLQOa26lW-uI84JAhO1qY4Fal9IE16wBvK
Who were the heroes of Theranos? Why do you believe they were the heroes? What was the descriptive culture as provided by employee accounts? Did this match the prescribed culture?
(Heroes/descriptive/prescriptive do not count as concepts in this question.)
Which elements of classical management theories do you see in the operation of Theranos as depicted?
Which elements of systems theories were not present in the operation of Theranos?
Which elements of the human relations approach were violated during the operation of Theranos?
Sample Solution