Magazine

Table: How a New Economy Corporate Culture Went Awry

Posted on February 24, 2002

EMPLOYEE EXPECTATIONS

Old Economy: Security

New Economy: Personal growth

The Enron Twist: Personal wealthREWARDS

Old Economy: Salary

New Economy: Stock options

The Enron Twist: A stake in the businessLEADERSHIP

Old Economy: Top-down

New Economy: Inspirational

The Enron Twist: Know-it-all arrogantORGANIZATION

Old Economy: Hierarchy

New Economy: Network

The Enron Twist: Individual fiefdomsCORPORATE GOAL

Old Economy: Steady growth

New Economy: Fast growth

The Enron Twist: Appearing to grow fastBOARD

Old Economy: Rubber stamp

New Economy: Independent

The Enron Twist: Rubber stampAPPROACH TO REGS

Old Economy: Aim to meet regulations

New Economy: Push the limits

The Enron Twist: Circumvent the rules

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