The end of 2021 marked the twenty-year anniversary of the Enron scandal. Since then, and in the wake of the 2008/2009 financial crisis, regulatory and corporate governance expectations have evolved along with attitudes towards corporate culture, businesses have acknowledged the value of diversity of thought and the importance of psychological safety, and the rise of social media has helped workplace activism to become a defining feature of the workplace. With all these developments, could Enron still happen in today’s world?
As the recent Theranos scandal has shown us, corporate shames of these magnitudes can still happen in today’s regulatory and governance landscape - even after reaching the darling heights in Silicon Valley.
What are the key learnings coming out of these scandals for tech entrepreneurs and leaders in today's business world? Take a look at the latest EmploymentLinks article below to find out more.
Perhaps the same chain of events would not have unfolded as it did. Perhaps concerns would have been brought to light sooner so that remedial action could have been taken, and personal accountability identified before it was too late.
unknownx500
/Passle/5f6c57568cb62a0d7c9eadee/MediaLibrary/Images/63740cd4f636e91994b8a943/2024-01-23-16-30-04-210-65afe98cbb47e5decf6f6468.jpg)
/Passle/5f6c57568cb62a0d7c9eadee/MediaLibrary/Images/63740cd4f636e91994b8a943/2024-01-23-10-45-48-931-65af98dc02496883bb7e1e68.png)
/Passle/5f6c57568cb62a0d7c9eadee/SearchServiceImages/2023-10-12-10-13-08-422-6527c6b475613ff8efc9eba7.jpg)
/Passle/5f6c57568cb62a0d7c9eadee/SearchServiceImages/2023-08-25-12-13-43-380-64e89af79a2bb4bda289a181.png)
