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Explaining Enron's Rise and Fall

   

Added on  2019-09-13

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Exam in Organization TheoryAnalyze the rise and fall of the Enron Corporation:The documentary ”The smartest guys in the room” (Gibney) tells a story about Enron's development and fall, ending up with a complete bankruptcy and one the biggest scandals in corporate America. But before going bankrupt it was one of the most successful companies in the US, saluted for its innovation and growth. The question is: How can we, using organization theory, explain the rise and fall of the Enron corporation? The question should be answered using at least 3 theories/models about organizations from the curriculum.Link to the documentary:https://www.youtube.com/watch?v=19iMqnhx4hYThe response to the question must consist of a maximum of 19.200 characters, corresponding to 8 standard pages at 2400 characters per page. Since it is a maximum, I prefer the answer to be 7 pages instead of 8. I have enclosed the parts of the curriculum that deals with culture in organisations as this is one of the most obvious ways to explain the Enron issue. However, there is also an excerpt of the chapter that deals with power, because the kind of power that Skilling and Lay exerted was prettyspecial as well and probably aided them in creating the extreme culture in Enron.However, it is completely up to you which theories/models to use, as long as it is at least 3.Thank you!
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