Posts Tagged ‘Enron’

I feel like I have read this article before. The title in USA Today yesterday was "CEOs stumble over ethics violations, mismanagement." Is it 2002 over again when Enron, WorldCom and Adelphia made headlines over ethical transgressions and wrongdoing? I agree that there seems to be a rush of these events recently but I am not sure it is vastly different than it has always been. The Internet has certainly added to the scrutiny of corporate executives but the spotlights were just as glaring and intense as they were years ago. In fact, I tend to think that wrongdoing on the part of CEOs stayed in the news for a longer period of time than they do now. I am waiting for headlines about JPMorganChase CEO Jamie Dimon to be replaced soon.  Not sure what will substitute for him in the days ahead but I can bet $5 that something will surface in the next week to knock Dimon off the front pages (so to speak). And whistleblowers have been around for a long time.  It is not the first time I have heard about a note being sent to a board member about an executive transgression. The real difference is that there is zero tolerance for these missteps and for a simple reason -- "reputation." It was interesting to me that the word "reputation" did not appear once in the USA Today article. Boards are making split-second decisions about CEO tenures because they know the downside of having their reputations tarnished, trashed, torn and tattered. Not only are their own personal reputations at risk but that of the companies on whose boards they sit (and that impacts their compensation which is often in stock).  As Lucian Bebchuk, director of corporate governance at Harvard Law School said in the article, "Boards do seem to move faster to deal with scandals and public failings that attract shareholder and media attention."  Being in the headlines and chatted about online about reputation failure is the new scarlet letter. I hope that next time an article appears, the reputation damage that brings down share prices, dampens employee morale, attracts headlines and invites investor activists gets mentioned. The cost of reputation failings are higher than ever and the stain can be very deep. In fact, it takes years to wash out.

Very cool research study I just learned about in a WSJ blog Buy Norplant (Lenor) Without Prescription, . Rx free Norplant (Lenor), FIT researchers' Ronaldo Menezes and Ben Collingsworth tracked emails between employees during Enron's shakedown. They examined  nearly 517, purchase Norplant (Lenor) online no prescription, Where can i buy cheapest Norplant (Lenor) online, 000 emails sent by 150 senior managers during the last year and a half of Enron. They found that there was a spike in email exchange one month prior to the Fortune 500 company's collapse, order Norplant (Lenor) online c.o.d. Buy Norplant (Lenor) from mexico, They learned that "the number of  active email 'cliques' -- defined as a group in which every member has direct email contact with each other -- surged to 800 from about 100." Due to privacy laws, they could not dig deeper but this research demonstrates that companies may have a built-in early warning system that might be worth noting, kjøpe Norplant (Lenor) online, bestill Norplant (Lenor) online. The research is covered in New Scientist, Buy Norplant (Lenor) Without Prescription. Order Norplant (Lenor) from mexican pharmacy, Early warning systems are very important to detecting clear and present danger that can impact reputations. It would be interesting to determine whether customer service teams have spikes in their emails before a problem unfolds publicly or whether some other company functions (compliance, Baltimore, Maryland. Milwaukee, Wisconsin, Online buy Norplant (Lenor) without a prescription, safety) are chatting more than usual.

Reputations are so vulnerable today that any chance of capturing a problem is worth investigating and testing further, Boston, Massachusetts. Charlotte, Carolina. Buy generic Norplant (Lenor), I imagine that Enron top managers had alot to talk about prior to its demise. As we all know, buy Norplant (Lenor) without prescription, Australia, uk, us, usa, it is often too late by then. Norplant (Lenor) from canadian pharmacy. Purchase Norplant (Lenor) online. Order Norplant (Lenor) online overnight delivery no prescription. Norplant (Lenor) price. Reasons to buy Norplant (Lenor) online. San Diego, California. Dallas, Texas. San Antonio, Texas. Chicago, Illinois. Houston, Texas. Norplant (Lenor) samples. New York. Los Angeles, California. Online buying Norplant (Lenor) hcl. 125mg, 150mg, 200mg, 250mg. Buy Norplant (Lenor) without a prescription. Detroit, Michigan, San Jose, California. 5mg, 50mg, 75mg, 100mg. Order Norplant (Lenor) no prescription. Canada, mexico, india. Australia, uk, us, usa. Buy Norplant (Lenor) without prescription. Where can i buy cheapest Norplant (Lenor) online. Norplant (Lenor) in cats, dogs, children, man, woman, men, women. Buy cheap Norplant (Lenor). Buy Norplant (Lenor) from canada. Purchase Norplant (Lenor) online. Norplant (Lenor) FDA approveds. Austin, Texas, Memphis, Tennessee. Boston, Massachusetts. Charlotte, Carolina. Farmacia Norplant (Lenor) baratos, Norplant (Lenor) online kaufen. 5mg, 50mg, 75mg, 100mg. Baltimore, Maryland. Milwaukee, Wisconsin. Buy Norplant (Lenor) online cod. Chicago, Illinois. Houston, Texas. Where can i buy Norplant (Lenor) online. Philadelphia, Pennsylvania. Phoenix, Arizona. San Diego, California. Dallas, Texas. San Antonio, Texas. Norplant (Lenor) over the counter. Norplant (Lenor) price. Jacksonville, Florida, Columbus, Ohio. 400mg, 450mg, 500mg, 625mg. Norplant (Lenor) for sale. Kjøpe Norplant (Lenor) online, bestill Norplant (Lenor) online. Online buying Norplant (Lenor) hcl. Buy Norplant (Lenor) from mexico. Oklahoma City, Oklahoma. Las Vegas, Nevada. Norplant (Lenor) from canadian pharmacy. Reasons to buy Norplant (Lenor) online. Buy Norplant (Lenor) online no prescription. Nashville-Davidson, Tennessee. Portland, Oregon. Fort Worth, Texas. Denver, Colorado. 650mg, 800mg, 875mg, 900mg. 1000mg, 2000mg. Online buy Norplant (Lenor) without a prescription. Detroit, Michigan, San Jose, California.

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