Posting after a long time.....i had that urge then and now but just was busy with MBA and all the assignments and any time left was spent in catching on the lost sleep.Few days back i had watched this documentary "Enron -- the smartest guys in the room:.........here goes my take on the whole story.
The documentary narrates the story of the debacle of Enron with interviews and first hand accounts of what happened and who were the people involved.Its more thrilling then any serial crime thriller.It just saps you into the celluloid and you feel that you are living the story.It has got all the ingredients of what can go wrong in the corporate environment and puts things into perspective for someone like us(B-grads, who are going to re-write the rules of management).It was a kind of refresher of all the Business ethics sessions that Sreenath sir and maam had conudcted and a review of all the concepts that they very lucidly communicated to us.This movie talks about corporate governance failure,irregularities,principal-agency issues,unethical behaviour,insider trading,rationalization,frauds etc....Its like BusinessEthics-in-a-nutshell.
Enron story was worse than a nightmare for its employees and the economy of USA.You dont believe it.Then watch it.I still cant believe how all this happened.It was just too well orchestrated but someday it had to collapse.And one word that explains it all - "GREED".
P.S.Be Warned.There is some(very minimal) sexual graphics content.
Tuesday, February 1, 2011
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