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Real Leaders by Lily Cheng, Peter Cheng

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CHAPTER 8: INTRODUCTION TO ORGANISATIONAL CULTURE

Imagine walking into the headquarters of a certain multi-national corporation. Upon entering the lobby, you see huge banners hanging from the walls, displaying the company’s core values: ‘Respect. Integrity. Communication. Excellence’. This display is impressive and it seems that the culture of this company is constantly lived out through its core values, with endorsement and support from the top management. In fact, you are told that the chairman himself designed and cascaded the core values. This corporation is none other than Enron.

As most of us know, numerous financial and ethical scandals became public in the wake of Enron’s bankruptcy in 2001. Interviews with Enron’s employees revealed ...

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