A Quote by Patrick Lencioni
Enron - although an extreme case - is hardly the only company with a hollow set of values.
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The not-quite-sort-of lie works here too - often an ad will announce that "Congressman Johnson voted for a bill that gave tax breaks to companies like Enron." True - although the bill allowed all companies to accelerate depreciation of copying machines. Yes, Enron benefited, but Enron also benefited from the revolution of the Earth around the sun. Hardly an argument to freeze the planet in one spot.
I think the company that has the clearest set of values is Amazon. That company knows what it is. It may be that it's not your cup of tea, but every single person at that company knows what the Amazon values are.
The Hungarians, by nature, are not extreme. They become more extreme only when they are forced to fight for their freedom, as was in the case in the uprising against the communists in 1956 or the revolution against the Austrian Empire. They will not turn extreme in the name of despotism.
Enron had already collapsed and filed for bankruptcy protection by the beginning of 2002. But despite complaints from short sellers that corporations had used accounting gimmickry to inflate their profits, many investors thought the crisis at Enron was an isolated case.
The CEO of Enron, Jeffrey Skilling, married one of the Enron secretaries this week. It's amazing how romantic these Enron guys can be when they realize that wives can't be forced to testify against their husbands. Skilling said today she was the best secretary Enron had ever had. She could shred 950 words a minute. ... I guess they are on their honeymoon right now. That's going pretty well. Hey, he's used to screwing Enron employees.
You're used to seeing values listed on waiting-room walls. Communication, integrity, excellence, and respect. Those were actually Enron's values.
Values can set a company apart from the competition by clarifying its identity and serving as a rallying point for employees. But coming up with strong values - and sticking to them - requires real guts.
Strange it is that men should admit the validity of the arguments for free speech but object to their being "pushed to an extreme," not seeing that unless the reasons are good for an extreme case, they are not good for any case.
During the Enron debacle, it was workers who took the pounding, not bankers. Not only did Enron employees lose their jobs, many lost their retirement savings. That's because they were at the bottom of the investing food chain.
The only beef Enron employees have with top management is that management did not inform employees of the collapse in time to allow them to get in on the swindle. If Enron executives had shouted, "Head for the hills!" the employees might have had time to sucker other Americans into buying wildly over-inflated Enron stock. Just because your boss is a criminal doesn't make you a hero.
Former Enron founder Ken Lay and CEO Jeffrey Skilling found guilty in the Enron case. Ken Lay is so guilty I'm surprised people aren't calling him Congressman Ken Lay. Wait 'till these guys find out in prison that insider trading has a whole new meaning.
The lover`s discourse was of an extreme solitude. The solitude was extreme because it wasn`t physical. It was extreme because you felt it while in the company of the person you loved. It was extreme because it was in your head, the most solitary of places.
If people want to get to know me better, they've got to know my parents and the values my parents instilled in me, and the fact that I was raised in West Texas, in the middle of the desert, a long way away from anywhere, hardly. There's a certain set of values you learn in that experience.
For a startup to overcome obstacles and succeed, it must foster limitless thinking. By hiring students into their first career job, you get to set their framework for how a company functions and instill them with your values for your company's culture.
In any case, his judgment and set of values, acting alone or through his assistants, determine not only what is gold and what is dross but the design of the history which he creates out of the metal. The historian decides what is significant, and what is not.
In the case of Enron, we balance our positions all the time.
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