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1. Often in an organization the culture is characterized both by what people say (talk) and by what people actually do (walk). When this happens,

1. Often in an organization the culture is characterized both by what people say (talk) and by what people actually do (walk). When this happens, there is a gap between organizational leaders' espoused values and the values in action within the company. One example would be an espoused value of "a balanced life for employees," whereas managers and employees are actually expected to work nights and weekends to meet demanding performance goals. This is the difference between the "walk" and the "talk" in an organization.

Your assignment for this exercise is to think of one example in your own student or work experience where the walk and talk in an organization's culture did not align. Why do you think the gap occurred?

https://www.mackinac.org/archives/1998/sp1998-01.pdf

http://www.youtube.com/watch?v=15UHyHJXG9Y

After reviewing "Great Myths of the Great Depression" in this week's folder, please answer the following questions:

1. What myth surprised you the most and why?

2. In what ways have we "repeated history" in the last two decades as it pertains to the Great Depression? I.e. What similarities can you point to in economic policy or public policy in recent history and the Great Depression era?

3. What would your advice be to any policymaker who has a hand in the decisions you outlined in your answer to question 2?

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