Arthur Andersen (A): The Waste Management Crisis.

Suppose you were retained as an outside advisor to Arthur Andersen during the Waste Management crisis. What would be your advice to Andersen's leadership, considering the following questions and topics?

1. What is the value of reputation to a firm like Arthur Andersen?
2. What were Andersen's corporate values?
3. How did Andersen build its strong culture?
4. In your view, what were the reasons for Arthur Andersen's problems?
5. What internal factors contributed to changes in Andersen's culture?
6. Were there external factors that contributed to changes in Andersen's culture?
7. What would be your advice to Andersen's leadership?
8. What concrete next steps should the company take?