Preview

Enron: The Smartest Guys In The Room

Good Essays
Open Document
Open Document
354 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Enron: The Smartest Guys In The Room
While I enjoyed reading the Enron Case Study by Sims and Brinkmann and found it to be extremely informative, the movie, Enron: The Smartest Guys in the Room, provided additional information, details, and context regarding the individuals, decisions, and factors that contributed to Enron’s downfall (McLean & Elkind, 2003). To begin with, the movie delved into Ken Lay and Jeff Skilling’s personal, educational, and professional background and provided context regarding how their backgrounds influenced their decisions as Enron executives. Subsequently, I was able to better understand how their character flaws of selfishness, greed, and unscrupulousness were driven by personal insecurities, intellectual arrogance, and a deep seeded desire to succeed
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    Enron Case Study
    • 521 Words
    • 3 Pages

    Enron Case Study

    1. What activities and practices of Enron’s management team do you believe were unethical and/ or illegal?…

    • 521 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Enron Case Study
    • 964 Words
    • 4 Pages

    Enron Case Study

    What happened to Enron was just its founder at the time Ken Lay was greedy and unethical right from the beginning, and that was how he steered the boat to that direction. Instead of firing traders who were pocketing profits for themselves, manipulating reports which showed steady financial trends, he managed to keep them, because they were making a lot of money for the company. So he was giving opportunities for this staffs to do underhand works and he only cared if it made profits for the company. Later, when Jeff Skilling joined Enron, he developed what Lay had…

    • 964 Words
    • 4 Pages
    Good Essays
    Read More
  • Better Essays

    Management and Enron Employees
    • 1218 Words
    • 5 Pages

    Management and Enron Employees

    Robbins, S. & Judge, T. (2007). What is Organizational Behavior? (Chapter 1). Prentice Hall, Inc. A Pearson Education Company.…

    • 1218 Words
    • 5 Pages
    Better Essays
    Read More
  • Good Essays

    enron
    • 717 Words
    • 3 Pages

    enron

    “A white paper is a government report outlining policy or authoritative report on a major issue. White papers discuss a specific business issue, product, or competitive situation.”…

    • 717 Words
    • 3 Pages
    Good Essays
    Read More
  • Better Essays

    ENRON Case Study
    • 1579 Words
    • 5 Pages

    ENRON Case Study

    The Enron debacle created what one public official reported was a “crisis of confidence” on the part of the public in the accounting profession. List the parties who you believe are most responsible for that crisis. Briefly justify each of your choices.…

    • 1579 Words
    • 5 Pages
    Better Essays
    Read More
  • Good Essays

    The Film Enron The Smartest Guys In The Room
    • 581 Words
    • 3 Pages

    The Film Enron The Smartest Guys In The Room

    The film titled, Enron, the Smartest Guys in the Room, is a phenomenal examination of an organization that in all likelihood started out to perform ethically but, after a modification in design and moral decision-making, it evolved into an organization based upon greed and performance no matter what cost.…

    • 581 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Enron: The Smartest Guys In The Room
    • 764 Words
    • 4 Pages

    Enron: The Smartest Guys In The Room

    The central text for this project is the film Enron: The Smartest Guys in the Room by filmmaker Alex Gibney. This film investigates, documents and then exposes the many moves that led to the collapse of Enron. The director focuses on the chief leaders of the corporation as his principal characters in order to develop the story as a human tragedy. Throughout the course of the film, each leading character is revealed. All players were found to be distinct in their strategies and methods. However, all were alike in their attitude and way of thinking. Each one was goal-driven and each found a way, by whatever means possible, to achieve their desired end: making money. Gibney incorporates many strategic moves into this film that contribute…

    • 764 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    The Film Enron: The Smartest Guys In The Room
    • 654 Words
    • 3 Pages

    The Film Enron: The Smartest Guys In The Room

    Criminologists, as well as those struggling to understand why crimes occur, have often been perplexed by white collar crime because it seems to involve far more risk than reward for the perpetrators (LeClair, 2016). One theory to explain white collar crime is that it is a reflection of societal values: this is referred to as structural humiliation (Schlegel & Weisburd, 1992). Structural humiliation suggests that because of the inherently unequal nature of some modern societies, people in respected positions may be empowered to prey upon people in societally marginalized positions (LeClair, 2016). Victims of structural humiliation may be the poor, the elderly, or other groups that traditionally have less social standing and political power (LeClair, 2016). Structural humiliation states that, by societally vilifying a disenfranchised group, we as a culture are essentially creating an environment wherein the disenfranchised are acceptable…

    • 654 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Enron: America's Most Innovative Company
    • 355 Words
    • 2 Pages

    Enron: America's Most Innovative Company

    Enron, a Houston-based commodities, energy and service corporation, was named “America’s Most Innovative Company” for six consecutive years by Fortune Magazine. Ironically, its shares price had peaked at $90.75 in August 2000 and dropped massively to $0.67 in January, resulting in shareholders losing approximately $11 billion. In the November of 2011, it was revealed that Enron’s earnings had been overstated by several hundred billion dollars because enormous debts had been kept off from the balance sheets and U.S. Securities and Exchange Commission (SEC) opened a formal investigation into Enron’s transaction. Enron incorporated “market to market accounting” for its energy business and used it on an unprecedented scale for its trading transactions,…

    • 355 Words
    • 2 Pages
    Good Essays
    Read More
  • Good Essays

    Enron: The Smartest Guys In The Room
    • 713 Words
    • 3 Pages

    Enron: The Smartest Guys In The Room

    The movie, Enron: The Smartest Guys in the Room, is a classic story about corporate America's greed an deceit that was discovered after the demise of Enron. The collapse of Enron was one of the largest bankruptcy in history and the movie captures the culture of money and politics involved in big American corporations. The film did a very good job portraying the culture that allowed Enron to become one of the largest corporations in America while hiding the fraud behind the facade of success. It also showed the rise and fall of the companies stock price and the lies behind the companies success which drove their stock price above and beyond. The movie does a great job of building on how Enron…

    • 713 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Enron The Smartest Guys In The Room
    • 467 Words
    • 2 Pages

    Enron The Smartest Guys In The Room

    Based on the best-selling book The Smartest Guys in the Room by Fortune reporters Bethany McLean and Peter Elkind, and featuring insider accounts and incendiary corporate audio and videotapes, this tale of greed, hubris and betrayal reveals the outrageous personal excesses of the Enron hierarchy and the moral vacuum that led CEO Ken Lay—along with other players including accounting firm Arthur Andersen, Chief Operating Officer Jeffrey Skilling and Chief Financial Officer Andy Fastow—to manipulate securities trading, bluff the balance sheets and deceive investors.…

    • 467 Words
    • 2 Pages
    Good Essays
    Read More
  • Good Essays

    Enron: The Smartest Guys In The Room
    • 370 Words
    • 2 Pages

    Enron: The Smartest Guys In The Room

    The Enron: The smartest guys in the room it’s a documentary film based in an important and huge company that was involved in a huge scandal in the American history. The Enron Corporation when they first start was a successful company. In its beginning, Enron was a small company from Texas, after years Enron became in the seven largest business in the U.S. with a smarts an experts employees working for Enron. The founder was Ken Lay a smart executive. The company was leader for many years the culture of Enron was very maleness they needed “Guys with spikes”. So Enron did have the smartest guys. Ken Lay hire as CEO Jeffrey Skilling and J. Clifford Baxter, an intelligent executive he committed suicide,…

    • 370 Words
    • 2 Pages
    Good Essays
    Read More
  • Good Essays

    Enron: The Smartest Guys In The Room
    • 426 Words
    • 2 Pages

    Enron: The Smartest Guys In The Room

    Viewing this documentary, provides a look at what can happen when an organizations culture is not based on values, but on productivity alone (Ferrell, Fraedrich, & Ferrell, 2013). Leaders of the organization set the tone for the entire company, and in this case, many of the stakeholders, as well (Enron: The Smartest Guys in the Room, 2005).…

    • 426 Words
    • 2 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    criminal behavior
    • 443 Words
    • 2 Pages

    criminal behavior

    The theory of Sutherland is clearly reflected in this film: “Enron: the smartest guys in the room”. The ambition of the top executives of Enron: Jeffrey Skilling, Kenneth Lay and Andrew Fastow led them to commit the fraudulent bankruptcy…

    • 443 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Fin370 Quiz 1 Enron: The Smartest Guys in the Room
    • 509 Words
    • 4 Pages

    Fin370 Quiz 1 Enron: The Smartest Guys in the Room

    ENRON executives pushed up their stock prices and then cashed in their multi-million dollar options in a process called…

    • 509 Words
    • 4 Pages
    Satisfactory Essays
    Read More

Related Topics