The case of Enron
Hassan J. Koroma
University Of Phoenix
LDR-531
MBA MO808
Dr. Alvin Steward, III
November 25, 2008.
Introduction The success of any business enterprise depends on key factors including the proper planning and implementation of viable business plans. Critical to the success of the business are good leadership, communication and effective organizational management. The challenges that generally affect progress usually emanates from one of these areas. A case in point is the failure of Enron executives to address time sensitive and lingering problems regarding conflict, transparency, un ethical, misleading and corrupt practices. Our training plan was designed to target potential conflict areas and group challenges. Among other things, the training addressed the following key components of team management: communication, collaboration, leadership, and diversity and conflict resolution strategies. The objective of this paper is to evaluate some of the training goals acquired from team discussion and apply such strategies to the problems faced by Enron and how it demise could have been prevented. A summary application of key essential factors will include stages of a successful project planning. An organizational analysis will determine what kind of training was needed. Additional concerns such as resources available, personal analysis, employees’ relations, and attitude, task analysis including the identification of skills, expectations and potential challenges are also very relevant to this project. Based on different personalities and cultural diversity, it will be practically difficult to achieve business goal without effective communication. Communication Communication is the centerpiece of any business entity. It is critical to the successful operation of business and includes listening, speaking, reading, writing and