Write a executive summary on Enron leadership and its failure.

Though m whatsoever different explanations be offered for the collapse of Enron, the nations seventh largest corporation, merely its drawing cardship was an obvious element that contri entirelyed to Enrons demise. It will be each(prenominal) err aceous, however, to think that the leaders of Enron were anything but superb. From 1997-2001, the leaders of this ships company turn Enron into a corporation of the unfermented millennium and a favourite of investors and analysts. Most leaders of Enron resembling Chairman Kenneth Lay, Chief executive director Officer Jeffrey Skilling and Chief financial Officer Andrew Fastow met all the pompous criteria for good leadership. They all feature the fundamental nature of leadership, which was to cut back early(a) people into their beliefs and their set. They had rude market leading down and were able to create an forward-looking fast-paced organizational husbandry that attracted the best and brightest of people. Lay had been exposit as a pioneering leader and a true visionary, Skilling was describe as one of the aggrandizement five CEOs in the States and CFO Magazine gave Fastow an grapple for excellence for his work in Enron as a financial wizard. They were able to transform a $4 billon dollar bill internal gunman distribution company to a $40 one thousand thousand dollar major trader in both gas and electricity, as well as other businesses.

But this only tells half the explanation about the leadership; the other half hides beneath the surface. time the company openly touted the economic value system of Respect, Integrity, discourse and chastity (RISE), the leaders of the company failed to compound these core values into their operations. In fact the leaders disapproved any messages of dissent and were dismissive of critics. They boost a yes man civilisation that throttled dissent and disagreement. Enron had a unmerciful and reckless culture that lavished rewards on those who played the game, period persecuting... If you take to get a profuse essay, order it on our website: Ordercustompaper.com

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