Case Study: Sad Leadership Story of Bernard Ebbers
Question 1) If I am to look objectively at Bernard Ebbers’ and his business prowess, it must first be noted that most of business ventures will fail, and do fail, and that Bernard
Ebbers’ was not exempt from that fact and he did fail. Also, it should be noted that if Bernard Ebbers had succeeded, that because of his generous nature towards the people that he
employed and friends that he inspired, many others would have benefited from that success, individually. Bernard Ebbers was always a strong leader in business his business
dealings and was someone who could take risks and manage them well, under extreme pressure and stress, and that this was what Ebbers did better that …show more content…
As I understand it, the errors in most of the important decisions he made were proven to be fatal and completely irreversible. For example: his overtrading never
had the chance of evening out and becoming part of a normal shareholders company. Had Ebbers been transparent in the performance of his duties and visible with his operations
at a stage the economics of his business were not sustainable, he probably would have had to declare bankruptcy years before the world saw the end of WorldCom As in the
business world, when trading stakes are so high, and once you have lost your reputation, you will most likely never made a comeback, recovered or been able to succeed again.
What I would question is that if Ebbers had succeeded in merging and acquiring the other company, Sprint, would it have turned his situation around, could he have continued to
take risks and continue to lead and manipulate his accounting numbers and not have gotten caught in the failure due to bigger gains and larger profits? When you are succeeding
others believe you. How sure am I that other leaders I follow today, such as Donald Trump, Warren Buffet, Larry Page, or even Elon Musk have not made unethical
Question 1) If I am to look objectively at Bernard Ebbers’ and his business prowess, it must first be noted that most of business ventures will fail, and do fail, and that Bernard
Ebbers’ was not exempt from that fact and he did fail. Also, it should be noted that if Bernard Ebbers had succeeded, that because of his generous nature towards the people that he
employed and friends that he inspired, many others would have benefited from that success, individually. Bernard Ebbers was always a strong leader in business his business
dealings and was someone who could take risks and manage them well, under extreme pressure and stress, and that this was what Ebbers did better that …show more content…
As I understand it, the errors in most of the important decisions he made were proven to be fatal and completely irreversible. For example: his overtrading never
had the chance of evening out and becoming part of a normal shareholders company. Had Ebbers been transparent in the performance of his duties and visible with his operations
at a stage the economics of his business were not sustainable, he probably would have had to declare bankruptcy years before the world saw the end of WorldCom As in the
business world, when trading stakes are so high, and once you have lost your reputation, you will most likely never made a comeback, recovered or been able to succeed again.
What I would question is that if Ebbers had succeeded in merging and acquiring the other company, Sprint, would it have turned his situation around, could he have continued to
take risks and continue to lead and manipulate his accounting numbers and not have gotten caught in the failure due to bigger gains and larger profits? When you are succeeding
others believe you. How sure am I that other leaders I follow today, such as Donald Trump, Warren Buffet, Larry Page, or even Elon Musk have not made unethical