GM and ENRON

I didn't really think there was much in common between ENRON, a holding company, and GM, a car maker, until I remembered what I read about the impudence and arrogance of the men who lead them. 

Case in point for ENRON:  Ken Lay, former CEO, really liked to be admired, to socialize and loved the frills of being a high roller.  (He thought he had a shot at U.S. Treasury Secretary in 2000.)  He often used the corporate jet for his family and their vacations. In the executive dining room for lunch, an assistant would take Lay's sandwich and put it on fine china while his top executives ate the sandwiches wrapped in paper. And just this morning I read where GM chairman Rick Wagoner was forced out by the White House. Wasn't he one of several officers in the different car companies who flew to DC on their corporate jets while thousands of their employees were losing their jobs and being laid off? I even think he not only did it once, but two times. Geez Louise!

Don't get me wrong, these men like so many who lead large corporations, are highly intelligent, visionaries, confident and largely successful business icons. In fact, 70% of all senior executives share in some of their personality type. These men believe they are special, are preoccupied with fantasies of unlimited success, power, brilliance and  crave excessive admiration. They believe they are entitled to or deserve special treatment and are often interpersonally exploitative of others. In "psycho-babble" terms it's called narcissistic.  Or if you have someone between the ages of 13 and 20, you might call it being a teenager.  

In my coaching practice I have tried to work with at least two men who were like these men. It didn't last very long. I fired them. In true leadership, one must learn to admit vulnerability, accept accountability, develop empathy, know what being humble means and live that way. Learn to be more self aware and serve others best interest, not your own.

God did not desire life to be all about you, your success, being comfortable and getting the credit. If you think so, you're living in a very small world indeed.

Finally, I like the reminder I read from Ron Rose's Faith Notes today:

when the unexpected happens this week...look for God in the surprise, listen for his voice, look for his presence and yield to his direction. Faith sees God in the unexpected moments.

rb

4 comments (Add your own)

1. Jim Mays wrote:
Dr. Ron:

I do not disagree with your statements about these two corporate executive. However, the abuse by an elected official is even more offensive to me. I often read in the paper and see on the news the same type of behavior of an elected official.

We need to go to the polls and fire them like the White House called for Wagnorer's resignation today.

At a time when our government is spending Trillions more than the budget, we have elected officials flying around at my expense and spending millions on programs that hopefully get them re-elected. I am even more offended by this behavior.

Thanks!

March 30, 2009 @ 1:38 PM

2. Dr. Ron wrote:
Absolutely hit the nail on the head! I forgot to include them. Great thought and thanks for bringing that to my attention.

March 30, 2009 @ 2:01 PM

3. Charles wrote:
I have read and re-read this so many times this week and was like, man, you must personally know the Ceo's of the company I work for..

April 3, 2009 @ 3:52 PM

4. BlankenshipJoni wrote:
If you're in not good state and have no cash to move out from that point, you would have to take the http://lowest-rate-loans.com . Just because it will aid you for sure. I take short term loan every year and feel myself OK because of this.

July 1, 2010 @ 12:12 PM

Add a New Comment

Enter the code you see below:
code
 

Comment Guidelines: No HTML is allowed. Off-topic or inappropriate comments will be edited or deleted. Thanks.