Summary of the Film "The Smartest Guys in the Room" Essay

2048 Words Apr 11th, 2013 9 Pages
‘Enron: The Smartest Guys In The Room’ Frauds and financial scandals in the business world were before an Enron’s case and will be after it. That’s in human nature. But a chain of events lead to an enormous shock on the Wall Street and went down in history as one of the biggest business scandals. For a long time sequence of events was a basis for articles and books, documental films and analytic researches. Specialties were retold and discussed by analytics. It was real human tragedy. The film ‘Enron: The Smartest Guys In The Room’ tries to answer the questions that all people somehow connected with the business world were interested in: How it could happened? What are the reasons and who is responsible for that? The film tries to …show more content…
If to speak about work environment, it is clearly seen that Skilling is an unconstrained leader. Interesting fact of his power is that when he stops wearing glasses, everyone in the company does the same. But the culture that is cultivated is aggressive and tough, like in a wild nature with the basic instincts of survival of the fittest. Skilling is convinced that money is the only thing that motivates people. He wants employees to show him great results, great profit. Therefore, traders are encouraged to gamble. Making money no matter what the methods are used. Skilling also implements a system of evaluation of employees and every employee who does not meet the demand of Skilling’s vision is fired. As a result of this system, turnover index is 15% that is really negatively impressive. Skiling’s vision of people is based on the theory of ‘People with spikes’. Only extraordinary and exceptional people deserve his attention and respect. The list of people consists of Ken Rice who is a salesman of Enron; John Cliff Baxter who is very talented but prone to depression (as viewers of the film know, that will be a fatal point in his future). The list continued with Lou Pai – a key skilling lieutenant, working in one of the business units of Enron - Enron Energy Services (EES). His activity is wrapped in a mystery; employees even call him ‘Invisible CEO’. Lou Pai is highly motivated by money. When he loses interest in his work

Related Documents