Examining Business Failure

Examining a clientele Failure At whizz flush of 2001, Enron was the ordinal largest fraternity in the US, cherished at $70 1 jillion million million by the stock securities industry with an ambitious deal to be the world`s largest come with. Instead, its destruction made it as ace of the most analyzed cases, and sensation of the biggest failures in the line of products world. This make-up will explain how leadership, management, and organizational structures contributed to its failure and how some organizational- act theories could kick in predicted that fate. The role of leadership, organizational structures, and management in Enron`s failure Leadership; Ken earnh take down, Jeffery Skilling, and Andrew Fastow were the important reason for Enron`s monumental give way because of their deadly leadership tendencies that produced a cultic wish well leadership manikin in the following aspects: 1.Charismatic and cult resembling leadership culture that viewed the chief executive officer as the unchallenged authority, with a life-style similar to that of a cult leader by enjoying a much great luxury then the subordinates, and subordinates who have substituted the potency in the reliableness of their own perceptions with a native trueness to the leader.

Enron leaders well-mannered a captivating self-image to the point where Kenneth Lay was dubbed as a latter day dosage and expound by deal magazine as a revolutionary, whereas, Jeffery Skilling was cognise internally as Darth Vader from Star Wars with the same mightiness to catch people`s minds. Even the prestigious Harvard Business schooling made 11 case studies about Enron, citing its success and commending it as a business model for others to study. 2.Compelling dream that preached a high degree of followers` commitment to totalistic vision convinced them that they were serving a world leading company transforming the ways of conducting business for the common good. Intense workloads up to 80 hours a week was a normal price to net for that higher purpose. 3.Enron had recruitment rituals...If you fatality to get a repeal essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper