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Strategy and Operations Assignment Essay Example

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Strategy and Operations Assignment

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Various cultures can be represented in an organization including values, norms, visions, systems, symptoms, assumptions, symbols, habits among others.Organizational culture is critical to the success of organizations. Enron organizational cultures were based on communication, integrity, as well as excellence. The organization ensured that client, vendors among other individuals or organizations are reverently treated without any form of arrogance and callousness. Enron also if integrity is enforced in every business transacting that is within its jurisdiction. Integrity was enforced by openly conducting their business transacting without having any hidden mission. Additionally, the company has significantly emphasized on good communication and excellence (Sims, et al., 2003, p.Nevertheless, it is urged that the record-breaking bankruptcy of Enron Corporation be because of inadequate ethical corporate behavior. The company was believed a high corporate greed. The company was considered greedy in terms of high pricing products among other capitalism activities. As the sixth largest energy company in the universe and seventh largest company in the United States, Enron was required to give back to the society by providing community services such as cleaning, social amenities among other activities. Rather than providing these social services, the company overpriced individuals for the various products the company was dealing with including natural gas, paper, electricity, communication markets as well pulp (Time, 2015).Essentially, putting in mind the efficiency and effectiveness provided by the organizational cultures and the commitment of Ken Lays to the company, it is still in a dilemma how the organization could have collapsed so spectacularly. To be precise, the company reported revenue of $101 billion in the year 2000. Consequently, during the first three-quarter of year 2001 the company reported an increase in revenue by recording $140 billion. The reason the company was declared bankrupt in December 2001 is still a dilemma to investors, suppliers, creditors, debtors among any other individual who may be concerned. Enron drastic bankruptcy is a clear indication of a total disconnection between the leadership (BBC News, 2002).Currently, companies have shown desire to invest in societies taking care of the environment. Corporate social responsibility has become a way of giving back to the society or community. Although most companies engage in

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References

Ajoft Software development Company, 2011. Intellectual property rights. [Online] Available at http://www.ajoft.com/ [Accessed 9 April 2015].

BBC News, 2002. The Enron scandal has far-reaching political and financial implications. BBC News Online reviews the key facts to help you make sense of developments.. [Online] Available at: http://news.bbc.co.uk/2/hi/business/1780075.stm [Accessed 8 April 2015].

Bratton & William, W., 2002. "Enron and the dark side of shareholder value," Tul. L. Rev.76, p. 1275.

Demin, V. & Yatsalo, B., 2001. “Chernobyl” Lessons Learned for Post-Emergency Response, Moscow: RRC "Kurchatov Institute.

Gordon & Jeffrey, N., 2002. "What Enron means for the management and control of the modern business corporation: some initial reflections,." The University of Chicago Law Review, pp. 1233-1250.

Johnson, C., 2003. Enron’s Ethical Collapse: Lessons for Leadership Educators. Journal of Leadership Education, 2(1), pp. 4-54.

Sims, Ronald, R. & Brinkmann, J., 2003. "Enron ethics (or: culture matters more than codes)." Journal of Business Ethics, 3(45), pp. 243-256.

Time, 2015. Behind the Enron Scandal. [Online] Available at

http://content.time.com/time/specials/packages/0,28757,2021097,00.html

[Accessed 8 April 2015].

UNDP and UNICEF, 2002. The Human Consequences of the Chernobyl Nuclear Accident A Strategy for Recovery, Washington Dc: UNDP. US Today, 2011. Leaders accused of neglecting Chernobyl legacy. [Online] Available at:

http://usatoday30.usatoday.com/news/world/2011-04-25-chernobyl-anniversary-.htm [Accessed 8 April 2015].

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