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OL 215 OL215 OL/215 Project Two Milestone One.docx

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OL 215 OL215 OL/215 Project Two Milestone One.docx

OL-215: Final Project Two Milestone One Dawn MacDonald Southern New Hampshire University

Introduction
Enron was a company that started in the recession and had a rough start. Within the first year the CEO resigned, and they reported a first-year loss of over $14 billion. Out of that $14 billion, $12.1 billion was in assets (Peterson, 2018).

Description

OL 215 OL215 OL/215 Project Two Milestone One.docx

OL-215: Final Project Two Milestone One Dawn MacDonald Southern New Hampshire University

Introduction
Enron was a company that started in the recession and had a rough start. Within the first year the CEO resigned, and they reported a first-year loss of over $14 billion. Out of that $14 billion, $12.1 billion was in assets (Peterson, 2018).
This was the second largest gas pipeline network and their debt was unforgiving. If it was not for market deregulation, the gas company would have taken a dive much sooner.
Enron used these government market deregulations to charge people more for gas, thus decreasing their debt and generating some profits.
Enron quickly became the “the primary supplier of liquidity to the market, earning the spread between bid and offer prices as a fee for providing the market with liquidity” (Peterson, 2018).
Enron not only failed with what was known as the Enron scandal, but they also failed due to a severe identity crisis.
The struggling company, Enron, botched due to their poor management planning, egotistical organizational culture, and poor communication from management to the employees. Enron failed before it started.
Management Planning
Enron’s management planning started off in debt. Ken Lay merged the Houston Natural Gas and InterNorth in 1985, which was his way to create an “energy powerhouse”. In reality, Ken Lay used a lot of debt to try and create this powerhouse.
With InterNorth in the mix, there were other businesses that began to emerge like plastics operations and coal and petroleum-producing assets.
The electricity and natural gas trading began to be Enron’s biggest growth early on. Although these business investments were profitable, Enron could not sustain the profits due to hostile tactics (DiLallo, 2015). For Enron to provide more growth within their business, they used a bold diversification strategy.
Enron’s bold diversification strategy bought and built different types of assets around theworld. These included electric-generating plants, pulp and paper mills, water plants, and broadband services (DiLallo, 2015).
This strategic move by management helped Enron to become the sixth largest energy company in the world. Enron’s management planning helped them to invest in more projects that proved to be very risky.
Larger investments were being made with debt instead of profitable money. This caused problems with their ability to keep up

OL 215 OL215 OL/215 Project Two Milestone One.docx

OL 215 Principals of Management School: Southern New Hampshire University (SNHU) *Professor: Thomas Nave, Bryan Reese, Daniel Smith, Morgan, Klyuchik, REIDY, N…

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Questions & Answers Showing 1 to 8 of 31 View all The unique culture of Zappos will help or hurt the company in the long run? Explain and provide specific examples, where applicable. More companies in the 1 2 3 4 5

Explain how the company has communicated its mission and vision within the organization. In other words, explain how the company demonstrates the importance of 1 2 3 4 5 important components of the organizing facet of the P-O-L-C framework are organizational structure and culture. Change is inevitable in any company, and 1 2 3 4 5

How does organizational culture impact the change process in an organization 1 2 3 4 5 In the episode of the television show M*A*S*H titled " Preventative Medicine & quot;, Colonel Lacy continues to populate the operating room through his 1 2 3 4 5

OL 215 OL215 OL/215 Project Two Milestone One.docx

Research a company that has posted its mission and vision statement online. Include the following: Identify the company and share its mission and vision 1 2 3 4 5 I could use some assistance with the following question: Communication and group dynamics are important elements within the leading facet of the P-O-L-C 1 2 3 4 5

We are currently learning about organization culture in our Principles of Management class, and I could use some help on the question below. The topic is 1 2 3 4 5 Back to Department Related Courses

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