Many have heard of the Enron Scandal of 2001. A scandal, by definition, is an event that involves allegations of wrongdoing, disgrace, or moral outrage. In other words, a scandal is caused by shortcomings in ethics. Enron’s Ken Lay, Jeffrey Skilling and Andrew Fastow each engaged in unethical practices in their various leadership positions at Enron and caused thousands of Enron employees and investors to lose their savings. (Smartest)

Kenneth Lay showed all the signs of a transformational leader early in his career. Lay began as and forever remained a staunch advocate for free markets and deregulation of markets. He had a vision of a free energy market that would be more profitable than the encumbered government-regulated market. (Jelveh; Biography) Kenneth Lay made use of considerable political clout derived from his friendship with the Bush family to further his deregulation agenda. (Smartest) Lay’s vision of a deregulated market, it would seem, would cloud his......

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Title: Leadership Failures Of Enron
Approximate Word Count: 1122
Approximate Pages: 5 (250 words per double-spaced page)

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