Organizational Behavior and the Failure of Enron Germaine Washington LDR/531 February 13‚ 2012 James Kaczynski Organizational Design and the Failure of Enron This is an analysis of how the application of specific organizational-behavior theories could have predicted the failure of Enron. Although there are many types of core topics of organizational behavior‚ the focus of this study will be on how leader behavior and power‚ and motivation contributed to the bankruptcy of Enron. In addition
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The collapse of Enron is perhaps one of this century’s biggest and memorable scandals of this century so far. Created in 1985 through the merger of two natural gas companies‚ the Houston-based company was considered one of the most successful and powerful companies throughout the 90s. In 2001‚ Enron’s world came crashing down as the company was forced to reveal that it had defrauded people out of millions of dollars. Those hurt mostly by the collapse of Enron were the workers‚ whose loyalty and hard
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How could the ENRON scandal been avoided? The Enron scandal could have been avoided had they had an organizational culture of honesty‚ integrity and ethics 1. There should have been stronger management and better ethical oversight. Even employees should have had a sense of the expected ethical values and try to maintain a strong sense of organizational culture. 2. There should have been measures in place to oversee the activities of accounting firms (Arthur Andersen)‚ as they acted as both Enron’s
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ENRON: A FINANCIAL REPORTING FAILURE? Anthony H. Catanach Jr.1 Associate Professor 610-519-4825 anthony.catanach@villanova.edu and Shelley Rhoades-Catanach Associate Professor Both at Villanova University College of Commerce and Finance Department of Accountancy INTRODUCTION The dramatic collapse of Enron Corporation‚ following a series of disclosures of accounting improprieties‚ has led many to question the soundness of current accounting and financial reporting standards. Within Enron’s reported
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Organizational Theory and Behavior © 1993‚ David S. Walonick‚ Ph.D. Classical Organization Theory Classical organization theory evolved during the first half of this century. It represents the merger of scientific management‚ bureaucratic theory‚ and administrative theory. Frederick Taylor (1917) developed scientific management theory (often called "Taylorism") at the beginning of this century. His theory had four basic principles: 1) find the one "best way" to perform each task‚ 2) carefully
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Revisiting the Classical theories Introduction Organization indexes considerably more than the structures that lifts us out of ‘bare life’. Organization is also intimately‚ and utterly‚ connected to thought. While many‚ and by no means just those in the West‚ think of themselves as ‘free’ from enslavement by others‚ and even free from the organization of the state‚ who can argue that they are also free from the pervasive effects of language‚ culture and science? These are matters into which
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MGT 332 Organizational Behavior & Theory Worksheet – Chapter 5 Name_____________________________________________ Banner# ____________________________ Date: ______________ Directions: Circle the one alternative that best completes the statement or answers the question. 1. _____ represent(s) complex‚ patterned‚ organismic reactions to how we think we are doing in our lifelong efforts to survive and flourish and to achieve what we wish for ourselves. A. Self-efficacy B. Skills C. Intelligence
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meant by Organizational Behavior. Considering your discipline/industry (HCA‚ MBA‚ HR‚ Safety) discuss specific contextual aspects that illustrate the need for a contingency approach in managing individuals in your workplace or environment. Is the structure of the organizational a help or hindrance for what you need to accomplish. First‚ Organizational behavior is a field of study‚ it is the study of the system within the organization‚ the impact of individuals‚ groups and structural behavior of people
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Abstract Over 4‚600 articles have examined the topic of organizational culture since 1980. (Chad A. Hratnell‚ Amy Yi Qu‚ and Angelo Kinicki‚ 2011(667). The impetus behind much of this research is the belief that organizational culture is an important social characteristic that influences organizational‚ group‚ and individual behavior. Organizational culture is used to guide employees toward desirable behaviors as well as to develop high performers (Sherwood 1988; O’Reilly 1989(498)). Moreover all
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Thompson. Organizational Theory and Behavior. Question: The classical Organizational Theories are of questionable relevance‚ to modern organization. Do you agree...? (500 words) I will agree that the Classical Organizational Theories are the basis of Modern Organizations in several ways particularly as it relates to the principles and theories of F. W. Taylor (1856-1915)‚ Henri Fayol (1841-1925) and Max Weber (1864-1924). I have provided a review of these principles and theories as well as
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