They Need Time To Build The Strength And Sophistication (eBook, ePUB)
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No matter how hard we try, business can never erase the fact that it is a place where thieves, cheaters, and deceitful people practice. The challenge of business is to curb theft, deception and fraud. HBS also contributed to those fraudulent actions. The class of 1985 graduated during the great stock market boom, with 65 people convicted of violating securities laws. The most recent spectacular incident of HBS is Jeff Skilling, CEO of Enron Corporation. In the late 1990s, working for Enron was what MBAs always wanted. When Skilling visited HBS, he was welcomed as a hero, with students cheering...
No matter how hard we try, business can never erase the fact that it is a place where thieves, cheaters, and deceitful people practice. The challenge of business is to curb theft, deception and fraud. HBS also contributed to those fraudulent actions. The class of 1985 graduated during the great stock market boom, with 65 people convicted of violating securities laws. The most recent spectacular incident of HBS is Jeff Skilling, CEO of Enron Corporation. In the late 1990s, working for Enron was what MBAs always wanted. When Skilling visited HBS, he was welcomed as a hero, with students cheering him and faculty following him to learn and write articles about him and his extraordinary money-making machine. Under him, other Harvard MBAs within Enron successfully modeled themselves after him. When everything was good, they were geniuses, when it all fell apart, Skilling went to jail, and the school's reputation suffered.
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