Remove Benchmarking Remove Core Competence Remove Golden Handcuff Remove Leadership Development
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The Big Picture of Business – Business Lessons to be Learned from the Enron Scandal

Strategy Driven

’ 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. Enron (like many other companies) got into areas beyond their core competencies. Bean counters set the perimeters at Enron and ran the company.