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How Share-Price Fixation Killed Enron

Harvard Business Review

It appears that Enron''s final fatal mistake was to try to support its stock price instead of living up to key contractual obligations required to maintain its credit rating. What caused Enron''s bankruptcy was, quite simply, the loss of its investment-grade credit rating. What caused Enron to go bankrupt?

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Why Leaders Need to Think More Like Professional Gamblers

Leading Blog

Their key performance metric became “expected goals” for and against a team, based on the quality and quantity of chances created during a match. While their job may have been setting or applying strict credit policies in the past, they may now start to wonder whether their traditional credit rating models are still effective.

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7 Ways to Improve Operations Without Sacrificing Worker Safety

Harvard Business Review

CEO Ellen Kullman came to see me and promised a top to bottom review of the DuPont safety program. ” When I read DuPont CEO Breen’s words “accelerating cost reductions,” my heart sank. Here are some steps CEOs, executives, and boards can take to accomplish just that. ” It worked. Start at the top.