Friday, May 3, 2019

Questions and Answers Case Study Example | Topics and Well Written Essays - 500 words

Questions and Answers - Case Study ExampleThe leaders were Jeffrey Skilling, former Enron President and CEO, Kenneth Lay, CEO and Andrew Fastow, Ex-Chief Financial Officer. 2. How did leaders influence the organizational culture at Enron? Jeffrey Skilling and Andrew Fastow were slavish in changing the organizational culture of Enron. They gave the perception that Enron was very innovative and very profitable. Enron has a nonadaptive corporate culture which was obsessed with short-term earnings so that the bonuses will be maximized. The employees began looking at high volume deals even if it meant disregarding the quality of the cash flows and profits. The employees actions were reflective of their leaders values and beliefs. dissipated spending was common among its executives. The excessive stock options and corporate compensation gave Enrons executives too many incentives to ready the financial accounts and the stock price of the company. Corporate values and principles seemed to disappear at Enron at the time of their lead. 3. Did the achievement evaluation system at Enron support or undermine the companys business goals and leadership beliefs? Yes, the performance evaluation system at the time of Skilling supported the companys business goals and leadership beliefs.

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