Publications
Publications
- October 2003 (Revised April 2005)
- HBS Case Collection
Innovation Corrupted: The Rise and Fall of Enron
Abstract
Presents an historical overview of Enron's rise and fall and summarizes what is currently known about (1) the evolution of Enron's business model, (2) the organizational processes Enron officials relied on to drive and monitor the business, (3) emergent behavior related to the structuring of major partnerships and corporate financial reporting, and (4) oversight provided by Enron's management and board of directors. Concludes with a comment on how Enron's story as a new, post-deregulation corporate model escaped critical analysis by the financial community, the business press, and other observers for such a long time.
Keywords
Business Model; Behavior; Governing and Advisory Boards; Success; Transformation; Failure; Business Processes; Energy Industry; United States
Citation
Salter, Malcolm S. "Innovation Corrupted: The Rise and Fall of Enron." Harvard Business School Case 904-036, October 2003. (Revised April 2005.)