Sunday, November 25, 2007

Enron: A house of cards over a swimming pool of fire

There was a reason I wasn't a business major- economics bore the hypothetical socks (I don't like wearing socks) off me. Seriously, I don't understand it and I really don't want to, and I'm okay with that.
But Enron... they make me curious. It takes smart people to fool the world. And the sad thing is- Enron really was an innovator in the market. No one had ever thought to sell energy, but they did- marking the beginning of the end.
What I perceive their first major flaw was, was the type of accounting they managed. Again, my economics knowledge is slim, but the accounting was completely unethical. Forming a business on an unethical accounting practice is a recipe for disaster.
Transparency really is important- thank you Enron for pointing that out.

My Mock Letter

This may be a tad late, but I've still been thinking about what a letter from Steve Jobs should have been like. And since we can't oust Jobs again (or at least I can't- yet), this would have to be a hefty imaginative piece.
And I don't want to get into Mr. Job's head.
Therefore, there are some criteria that should be included in every apology letter.
1. An apology, seems simple- but might be easily overlooked.
2. A plan of action.
3. A reason for the apology.
4. A dedication to the customers.
5. Another apology- this really is the crux of the matter.

Therefore, I would like to extend an invitation to Mr. Jobs to ask me to write his next apology letter. I will be graduating in December with a major in Journalism with a focus in Public Relations and a minor in English. Just let me know Steve. I need a job.