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You Are a Change Consultant for Wells Fargo Bank You have been engaged by the board of directors of Wells Fargo Bank (Wells Fargo) to

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You Are a Change Consultant for Wells Fargo Bank You have been engaged by the board of directors of Wells Fargo Bank (Wells Fargo) to provide a change management plan for the company. A change management plan is sorely needed since Wells Fargo has been embroiled in a fraudulent account scandal which resulted in the creation of millions of fake accounts by Wells Fargo personnel to meet cross- selling expectations. Needless to say, Wells Fargo's perception of honesty and security among its customers and potential customers has been destroyed. Moreover, Wells Fargo has been fined over $3 billion. Describe Wells Fargo Bank's organizational structure, financial position, scope of operations, and business model (this material was part of the Module 4 Milestone assignment and can be used and or updated as needed). Use The Wells Fargo Cross-Selling Scandal B article and other credible sources to explain how the fraudulent accounts scandal started and the extent of the issue. Describe Wells Fargo's corporate culture that existed at the time of the fake accounts scandal. Analyze the ethical aspects of managerial decision-making in relationship to the development of this scandal. Then, in the role of change consultant address the following topics. . Describe a comprehensive cultural change recommendation to the board of directors (i.e., describe a new corporate culture). Explain the challenges of creating a new corporate culture. Explain how the new corporate culture will be implemented. . Examine potential sources of resistance. Describe the benefits that the new corporate culture will bring. Propose means/actions to sustain the cultural change. Incorporate both a textual description and a visual representation of your change management model in your paper. The length and formatting requirements are as follows: Your paper must be 5-7 pages in length, excluding the cover page, abstract, table of contents, and references pages. Include a cover page, an abstract, a table of contents, section headers, an introduction, a conclusion, and a references page. Use the APA Template Paper found in the CSU Global Writing Center E. as a resource . Format your paper according to the CSU Global Writing Center Ex. Include five credible sources to support your positions, claims, and observations, two of which should be academic, peer-reviewed sources, in addition to the textbook. The CSU Global Library is a good place to find these sources. Use the link provided in the navigation panel to access the CSU Global library. Be sure to use the Business Management & Administration Research Guide Ex in the CSU Global library. Gather information specific to different aspects of business ethics. Review the Portfolio Project rubric for details regarding grading standards. The Portfolio Project is exempt from the University Late Policy. It is due by Sunday at 11:59 p.m. of the week it was assigned

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