Assessing business ethics-organizational culture


Article: Madsen, S. & Vance, C. (2009). Unlearned lessons from the past: an insider's view of Enron's downfall. Corporate Governance, 9(2), 216-227.

Define "organizational culture." Please be very specific (and be sure that you provide references for your description of culture).

Evaluate Enron's sense of business ethics and business operations in the context of the organization's culture? Specifically, what went wrong?

What should have been the role and responsibility of company leadership (the Board of Directors, the CEO Ken Lay and others)? In what ways did key executive players (e.g., Lay, Skilling, and Fastow) work to negatively reshape the culture, and with what adverse consequences?

How might Human Resource Management (HRM) have played a central role in setting the "moral compass" at Enron, helping to form and shape the organizational culture (perhaps avoiding the Enron debacle altogether)?

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