growth is what you’re after‚ you won’t learn much from complex measurements of customer satisfaction or retention. You simply need to know what your customers tell their friends about you. The One Number You Need to Grow by Frederick F. Reichheld Reprint R0312C If growth is what you’re after‚ you won’t learn much from complex measurements of customer satisfaction or retention. You simply need to know what your customers tell their friends about you. The One Number You Need to Grow COPYRIGHT ©
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Case 9 Enron: Questionable Accounting Leads to Collapse How did the corporate culture of Enron contribute to its bankruptcy? The corporate culture at Enron was centered on a twisted lack of ethical behavior based on greed and profit seeking. Top management set a tone in the workplace that encouraged risk and rule breaking in the name of revenue. Employees were compensated for unethical behavior that brought money into the company and terminated if they did not reach the monetary levels of
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Ten Things You Can Do to Avoid Being the Next Enron May 29‚ 2009 Document Ten things your company can do to avoid being the next Enron: 1. Examine your ethical climate and put safeguards in place. Corporations are composed of cultures. Take a good close look at your culture. What are the norms of behavior? What is valued? Are employees rewarded for succeeding at any cost or are they urged to be shepherds of the corporation’s reputation as well as its assets? What pressures do they face to commit
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Before filing for bankruptcy in 2001‚ Enron Corporation was one of the largest integrated natural gas and electricity companies in the world. It marketed natural gas liquids worldwide and operated one of the largest natural gas transmission systems in the world‚ totaling more than 36‚000 miles. It was also one of the largest independent developers and producers of electricity in the world‚ serving both industrial and emerging markets. Timeline Enron began as Northern Natural Gas Company‚ organized
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A business model of the times The Enron bubble was a prime example of the dominance of speculative finance in business. V. SRIDHAR MORE than two months after Enron‚ the seventh biggest corporation in the United States‚ filed for bankruptcy‚ the stench of scandal refuses to die. Shocking revelations about the company’s modus operandi continue to pour in. Public and media attention was initially focussed on the company’s close ties with the political establishment and the policy-making bureaucracy
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First and foremost‚ one needs to be aware that “facial beauty is based on the principles of symmetry‚ proper alignment‚ and proportions of the face” (Davis‚ 299). The notion of symmetry‚ proper alignment‚ and proportions of the face also transitions into a smile and how it’s formed. Don’t Give Me Lip! Two of the main components of a symmetrical smile are the boundaries of a smile‚ the lips. Nicholas Davis‚ of the American Academy of Cosmetic Dentistry‚ argues that “one of the most important soft
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“Many leaders of big organisations‚ I think‚ do not believe that change is possible. But if you look at history‚ things do change‚ and if your business is static‚ you are likely to have issues” - Larry (Lawrence) Page Co- Founder & CEO of Google Inc DOB: 26 March 1973; East Lansing‚ Michigan US Nationality: American Residence: Palo Alto‚ California Post: Co-Founder and CEO of Google Inc Education: B.Sc. from University of Michigan & M.Sc. from Stanford University Awards: Marconi
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A CASE STUDY ON ENRON CORPORATE FRAUD (2001) Submitted by: AMIT SHARMA PGDM (016)/09-11 What is FRAUD? In the broadest sense‚ a fraud is an intentional deception made for personal gain or to damage another individual. The specific legal definition varies by legal jurisdiction. Fraud is a crime‚ and is also a civil law violation. Many hoaxes are fraudulent‚ although those not made for personal gain are not technically frauds. Defrauding people of money is presumably the most common type
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Government and Business February 13‚ 2013 The Collapse of Enron This case is about the collapse of Enron Corporation who at the height of their career was named by Fortune magazine as the most innovative company in America and was ranked seventh on the Fortune 500. At the topmost point of the company Enron employed 19‚000 people and retained annual revenues in surplus of $100 billion dollars. Enron was formed in 1985 through a merger of Houston Natural Gas and InterNorth of Omaha‚ Nebraska;
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only did I appreciate being organized I was a very conservative human being. I would frequently attempt to conserve EVERYTHING. When my mother got home from the grocery store I would find myself constantly sprinting to the kitchen and hiding all the grocery’s that I classified as “the good stuff”. I would do this so my brother would not eat what I considered my food. In class I would cram as many notes on to a single page to help conserve my class spiral‚ and make it last the entire year. A secondary
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