Last night we happened to catch, 'Enron: The Smartest Guys in the Room,' on CNBC.
If you haven't had a chance to watch this movie, I would highly recommend it. I read the book several years back, but something about seeing the people involved really brought the emotion and the tragedy of the situation home for me.
This movie should be required viewing for all business students (and anyone who works in business), because I think it does a fantastic job of highlighting how, as things go wrong or become difficult, group think can take over common sense and ethical decision making.
The sheer self-interest exhibited by these criminals who claimed to be steering Enron is painful to watch.
I think only by keeping this story alive and having new generations of students and business leaders learn from it, can we avoid this kind of tragic company demise in the future.
My heart still breaks for all of those people who watched their entire retirement dissolve in front of them. This is especially heartbreaking when you see how much the criminals were able to walk away with--despite their convictions.
If you haven't seen this film, or even if it has been awhile, I encourage you to pick it up and watch it. I am sure it will shock you. In this particular case, I think a bit of shocking is good for all of us!
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