The Leadership Of The Enron Corporation - 935 Words

Thank you, Devin, for explaining the role leadership plays in organizations and specifically at Enron. Leadership of the Enron corporation was a group of high payed executives. Their mission statement claimed they â€Å"treat others as we would like to be treated ourselves....We do not tolerate abusive or disrespectful treatment. Ruthlessness, callousness and arrogance don t belong here. (Revolutionary Worker 2002) However, â€Å"as in other aspects of Enron’s culture, the appearance did not match reality.† (Stephens and Behr 2002) Enron could become an â€Å"energy broker† in lieu of company delivering energy with the deregulation of electrical power in 1988. â€Å"Deregulation allowed Enron to be creative – for the first time, a company that had been required to â€Å"operate within the lines† could innovate and test limits.† (Sims and Brinkmann 2003) Enron went from a company with humble beginnings that has faced difficult years to an organization â€Å"where a handful of highly paid executives were able to pocket millions†¦Ã¢â‚¬  (Sims and Brinkmann 2003) With deregulation and the use of mark-to-market accounting Enron was able to legally make millions while being unethical. Ken Lay and Jeffrey Skilling were the team known as The Smartest Guys in the Room. This powerhouse team of two people coordinated their work to meet a shared common objective. That objective was to make money. This objected created a culture that was one of â€Å"intense pressure to keep Enron stocks on an ever-rising curve.† (StephensShow MoreRelatedBusiness Failure Paper1045 Words   |  5 Pagesthe largest energy companies in the world, Enron Corporation. I will discuss the leadership, management, and organizational structure of the company and how this failure could have been prevented. Company Overview Enron Corporation was an American energy company in downtown Houston, Texas. Enron employed more than 22,000 workers and was one of the largest companies dealing with electricity, natural gas, and communications. In the year 2000, Enron claimed revenues of over $100 billion. 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