Responsibility as a Core Value Essay Example | Topics and Well Written Essays - 1000 words

Responsibility as a Core Value - Essay Example Without responsibility, nothing can be achieved because people will look towards each other for action with no one taking action. The sphere of operation of every manager is defined by the allocation of duties and responsibilities. The duties and responsibility will define what actions the employee can take to solve the issue. Managers are leaders because they are endowed the powers and are given a defined responsibility in the business (Snoeyenbos and Humber). In this case, managers may be tasked with ensuring the welfare of the employee is enacted. The movie the smartest guy in the room highlights the necessity of taking responsibility in business and even politically. Responsibility in the film Enron: The Smartest Guys in the Room The movie presents challenges faced in the organization if responsibility for the actions is not addressed effectively. The crucial issue depicted in the movie is scandals resulting from the loss of ethics and the power of greed. Despite the existence of fraud, the founder of the company tries to hide the problem by creating a different image. For workers, the company deals with them discriminatory by firing the bottom 15% performers. The strategy is used to increase competitiveness and taking of responsibility for individual performance. The level of competitiveness in the employees is improved by the strategy. However, the strategy does not factor in the role of the managers on the failure in employee performance. Judging by the action of the managers, it is evident that the employees are not accorded the support they require. In addition, the managers are bent on accumulating wealth. The lack of financial and political responsibility makes the whole process difficult and cumbersome for the shareholders. Lou Pai the CEO of the company resigns after stealing about $250 Million despite the department managed by him registering a loss of $1 billion. How can a company division be in losses while the manager of the division accrues a lot of wealth? The issue is straightforward; he does not have any responsibility for the failure of the division. Without responsibility, it is possible for the manager to steal from the company and not be charged. The case also is evident in the spending of the company finances, in gambling. Despite the firing of some individuals, they were not allowed to bear the financial responsibility. The use of public relations to hide the failures of the organization makes the situation complex (Snoeyenbos and Humber 56). Responsibility as a value and The Madoff Affair movie The movie is about Bernie Madoff and the investigation of Martin smith. Madoff is under investigation as the chief perpetrator of a massive financial fraud. Madoff is blamed for stealing $65 billion from investors. Compared to the Enron movie, this moves show the need for holding Madoff for the financial scandal that he instituted. The sentencing of Madoff to a prison term of 150 years marks the climax of the whole proce ss. The Ponzi scheme he operated defrauded investors of over $65 billion. C the sentencing of Madoff is a product of enforcing the responsibility value in the society. The effect of the fraud had a ripple effect in the economy. The success of the whole investigation dependent on the investigation