Individual Paper - Shadows of the leader Essay Example | Topics and Well Written Essays - 1250 words

Individual Paper - Shadows of the leader - strive ExampleWhen leaders practice these, their followers will also be likely to do the resembling and as a leave alone, the organisational culture will originate from the shadow cast above. This is especially because it is very vexed to try to correct ones followers mistakes if you are their genesis.An example of how such lead shadows can affect a company is Enron, it started n energy and network-providing firm that experienced unprecedented addition levels in the mid 90s. After this, they hired the best stemma school graduates and the best natural endowment in any field (Jickling, 2002). The culture was highly competitive with success being rewarded individually part failure was shunned. However, most of the focus was on the short rather than long-term success. As a result competition between individuals became acute and everyone more so the senior managers were ready to do anything to make it full-grown, people were motivated b y financial gain and consequently a culture of keeping business secrets and hiding losses in fictitious offshore ventures became rampant. Profits were inflated to keep the firm smell successful and even after it was nearly going bust, its dowrys were selling at $90 and the directors had assured the shareholders they would discover 120 although most of them sold off theirs. When Watkins, one of the executives blew the whistle on the illegal financial practices, the share price for the firm went down to $15 and the company declared bankruptcy resulting in millions of shareholders money being lost, careers and lives brought to ruin. This was caused by several of the shadows discussed above, by manipulating the accounting books, the leaders practiced deceit, which was copied by their juniors and became usual in the entire firm (Barreveld, 2002). Inconsistency was engendered in their tendency to say one thing to shareholders and then do another, they promised increased share price b ut went on with practices