Tag: disaster

Q&A: Cultural Red Flags Led to Disaster at Enron and Theranos

By James Davis, Editor, HR Daily Advisor Jun 7, 2019 HR Management & Compliance

Updated: Jun 7, 2019

May 25 marked 13 years since Enron’s CEO and founder were convicted on fraud and conspiracy charges after the Texas energy giant imploded, wiping out $1.2 billion in shareholder equity. And June 15 will mark 1 year since Theranos’s CEO and COO were indicted in a scheme that defrauded investors to the tune of hundreds […]

How to Restore Employee Trust After a Very Public Company Scandal

By Kelly Creighton May 22, 2019 Talent

Updated: May 22, 2019

Company scandals like those Wells Fargo, Volkswagen, and Facebook have experienced cost millions of dollars every year—sometimes billions of dollars. Public company scandals obviously test public and consumer trust, but they also test the resolve and trust of employees.