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Leaders Make Values Visible

Marshall Goldsmith

Before the energy conglomerate’s collapse in 2001, I had the opportunity to review Enron’s values. I was shown a wonderful video on Enron’s ethics and integrity. It was one of the most smoothly professional presentations on ethics and values that I have ever seen. Enron is a great example.

Ethics 137
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The Path to Transparency

Coaching Tip

A deliberately byzantine system of virtual tunnels that conceal the origins and destinations of data, and thus the identity of clients, Tor has been around since 2001, when programmers from M.I.T. That could change anytime. and the U.S. Naval Research Laboratory introduced it at a California security conference. “As

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What U2 and the US Navy Have in Common: Connecting with Core Employees

Michael Lee Stallard

Following are a few of the ways Admiral Clark and his leadership team built bridges so that everyone felt connected and a part of the Navy. He changed the performance appraisal system to provide constructive feedback for everyone and added the requirement to leaders’ performance appraisals that they help sailors learn and grow.

Long-term 207
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CEOs Need Courage

Harvard Business Review

This blog post is part of the HBR Online Forum The CEO's Role in Fixing the System. Some years ago, the then-CEO of Air Products told me that it took his team two months to decide and plan layoffs, two weeks to do them, and two years to recover.

CEO 14
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Five House Rules for Managing Risky Behavior

Harvard Business Review

The company's performance measurement and incentive systems, and the degree to which risk management is considered, will also have a profound impact on employee behavior. billion in net income during the five years prior to its bankruptcy in 2001, while only $114 million in net cash was generated (or a mere 3% of reported income).

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Creating a Culture of Unconditional Love

Harvard Business Review

But we all know what happened in 2001. As Peter Drucker put it, “culture eats strategy over breakfast” Just take a look at Southwest Airlines, the company which saw the greatest value expansion in the S&P 500 between 1971 and 2001. Coaching Hiring Leadership Managing people Organizational culture'

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The Big Picture of Business – Business Lessons to be Learned from the Enron Scandal

Strategy Driven

The Enron scandals of 2001 and 2002 focused only upon cooked books audit committees and deal making. ’ It fostered a false sense of security for employees, paying higher salaries than the marketplace, thus keeping employees dependent upon the system via golden handcuffs. Executives never stayed long.