Friday, December 13, 2013

Write a executive summary on Enron leadership and its failure.

Though many different explanations are offered for the collapse of Enron, the nations 7th largest corporation, but its leadership was an obvious pointor that contributed to Enrons demise. It will be in all err geniusous, however, to think that the leaders of Enron were anything but superb. From 1997-2001, the leaders of this companionship modify Enron into a corporation of the new millennium and a front-runner of investors and analysts. Most leaders of Enron like Chairman Kenneth Lay, honcho administrator Officer Jeffrey Skilling and Chief Financial Officer Andrew Fastow met all the conventional criteria for good leadership. They all possessed the fundamental genius of leadership, which was to cultivate other people into their beliefs and their set. They had bold market confidential information stack and were able to create an innovative fast-paced organizational gardening that attracted the best and brightest of people. Lay had been described as a pioneering leade r and a true visionary, Skilling was described as one of the aggrandisement five CEOs in America and CFO magazine publisher gave Fastow an distribute for excellence for his work in Enron as a fiscal wizard. They were able to transform a $4 billon dollar mark indwelling gunman distribution smart set to a $40 one thousand thousand dollar major trader in both gas and electricity, as well as other businesses.
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But this only tells half the story close the leadership; the other half hides beneath the surface. While the company openly touted the value system of Respect, Integrity, discourse and Excellence (RISE), the leaders of the company failed to integrate these core values into the ir operations. In fact the leaders disapprov! ed any messages of dissent and were dismissive of critics. They encouraged a yes man culture that throttled dissent and disagreement. Enron had a ruthless and judicious culture that lavished rewards on those who played the game, period persecuting... If you want to sign on a full essay, order it on our website: OrderEssay.net

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