Chap 5 Closing Case
Francisco, Helen C. February 12, 2015
1 FM 6 BA
The Rise and Fall of Arthur Andersen
Questions for discussion:
1. What do you think was the main reason that Andersen turned away from its core founding identity? How could this changed have been avoided?
2. Do you have any suggestions for how Andersen could have attracted high-quality graduates without offering the high salaries associated with consulting work?
I think the main reason that Andersen turned away from its core founding identity it is because of the aggressive of the owner and employees. Everyone seems do not want to be controlled under the strict rules that Arthur Andersen had made. Because following the rules was such a difficult things and the speed of earning money is also slow. But earning money and other thing won’t come to use suddenly it really takes times. I think the only way to avoid is the owners should have a firm conviction on rules. They must always think that what was their primitively goals and not being lost one’s faith and following the superficial thing. Money always comes fast and goes fast, if we to catch them we must slow down our steps and do each procedure well to be able to let money stay longer. Money that comes from the wrong way disappears faster. Maintain a heart that never let profit and money deceive our eyes.
I think the best way to attracted high-quality graduates without offering the high salaries associated with consulting work is to promote the company’s belief and motto. The fresh high-quality graduates always aims to work in a best company that can let them express their ideas and strengths, they seldom taught to get a lot of profits that come from their works, but maybe they would required a high salaries because they think they are high- quality graduates so they must receive that kind of salaries to fulfill their hard studying in the college lives.
1 FM 6 BA
The Rise and Fall of Arthur Andersen
Questions for discussion:
1. What do you think was the main reason that Andersen turned away from its core founding identity? How could this changed have been avoided?
2. Do you have any suggestions for how Andersen could have attracted high-quality graduates without offering the high salaries associated with consulting work?
I think the main reason that Andersen turned away from its core founding identity it is because of the aggressive of the owner and employees. Everyone seems do not want to be controlled under the strict rules that Arthur Andersen had made. Because following the rules was such a difficult things and the speed of earning money is also slow. But earning money and other thing won’t come to use suddenly it really takes times. I think the only way to avoid is the owners should have a firm conviction on rules. They must always think that what was their primitively goals and not being lost one’s faith and following the superficial thing. Money always comes fast and goes fast, if we to catch them we must slow down our steps and do each procedure well to be able to let money stay longer. Money that comes from the wrong way disappears faster. Maintain a heart that never let profit and money deceive our eyes.
I think the best way to attracted high-quality graduates without offering the high salaries associated with consulting work is to promote the company’s belief and motto. The fresh high-quality graduates always aims to work in a best company that can let them express their ideas and strengths, they seldom taught to get a lot of profits that come from their works, but maybe they would required a high salaries because they think they are high- quality graduates so they must receive that kind of salaries to fulfill their hard studying in the college lives.