Leadership and Culture Virginia Armstrong University of Hawaii: West Oahu Abstract Effective leadership requires a delicate utilization of power and authority. Although they possess unique attitudes‚ traits and styles‚ successful leaders strive to promote their organization’s vision and culture and motivate others to embrace it as well. Studies have attempted to define one superior leadership model but have failed due to individual and circumstantial elements. Keywords:
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Enron and Ethics Failure is the best teacher not only for those who fail‚ but also for those who observe the failure. Thus‚ for many businesses the Enron scandal proved to be the greatest teacher. Since the fall of Enron‚ there have been several theories and examinations about why it failed as it was a corporation that no one imagined would ever crash. Based on research to date there are multiple reasons for Enron’s failure; however‚ one that stands out immensely is corporate disregard for ethics
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article tries to show how the company ’s culture had profound effects on the ethics of its employee? And particularly in this case: how did Enron lose both its economical and ethical status? This question makes the Enron case interesting to us as business ethicists. Enron ethics means that business ethics is a question of organizational "deep" culture rather than of cultural artifacts like ethics codes‚ ethics officers and the like. BackgroundAt the beginning Enron faced a number of financially difficulty
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Enron: Leadership without Ethics and Practical Execution Enron‚ once one of the largest energy public companies globally‚ achieved a $65 billion asset volume but only took 24 days to go bankrupt. Initially‚ its main service is extracting natural gas and manufacturing energy-using products‚ but the excessively aggressive and benefit-oriented type of operation makes the company create lots of so-called "innovative" investment department and financial products. All these activities played as the
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"Never doubt that a small group of thoughtful committed people can change the world. Indeed. It is the only thing that ever has." Margaret Mead In the past 25 years‚ the concept of organizational culture has gained wide recognition as a way to understand human systems. The culture of a group can now be defined as: A pattern of shared basic assumptions that the group learned as it solved its problems of external adaptation and internal integration‚ that has worked well enough to be considered
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The Enron Accounting Scandal Presented By: Jennifer Buondonno Nirmala David Robert Pufky Matt Rollings ENRON Page 1 of 27 Table of Contents Executive Summary……………………………………………………………..3 (I) Introduction to the Enron case and the organizations involved……. 5 Background information & industry…………………………………………….. 5 Organizations and officers involved……………………………………………..6 Accounting firm and partners involved………………………………………….8 Enron’s industry………………………………………………………………….. 9 Enron’s injured parties……………………………………………………………
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“Enron’s organizational culture” Questions for Discussion 1. Explain how Enron’s culture influenced practices outcomes‚ include advantages and disadvantages Answer: the advantages of Enron’s culture are that they were very aggressive (saying yes to other projects) and unethical (corruption‚ corners cutting)‚ in that way the company can generate a quick grow. But the disadvantages are very high; they completely lost control of the company because they gave freedom to young and
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Management and Leadership � PAGE �1� Running Header: MANAGEMENT AND LEADERSHIP Management and Leadership: Military W5 Individual Assignment University of Phoenix Gary Stafford July 12‚ 2008 Management and Leadership: Military Introduction Though popular consensus is that management and leadership are interchangeable terms with the same purpose and meaning nothing could be further from the truth. Management can be defined as influencing one or more person ’s actions and activities through
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Running head: An Analysis of Organizational Culture An Analysis of Organizational Culture Abstract The following is an observation and analysis of the role an organization’s values play on the development and state of its culture. This analysis is based on five interviews of both male and female workers from a privately owned manufacturing company with annual revenues exceeding a billion dollars. In forming my conclusions‚ I will analyze the synthesis of
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Introduction Organizational culture is a set of key values‚ assumptions‚ and beliefs that are shared by an organization’s members. The combined key values create a custom attitude or culture that is followed by the organization’s members. The culture represents the "personality of the organization" (McNamara‚ 1999). Through the observation of employee behavior one can help predict an organization’s culture that influences its business attitude. Organizational culture can also help distinguish two
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