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WorldCom Business Failure - Online Essays

WorldCom Business Failure

WorldCom Business Failure

Melody Tice-Baird
LDRX/531
June 11, 2013
Kevin Straley

WorldCom Business Failure

In any business, leadership directly affects emotions, behaviors, and performance. A company's success or failure depends on the intricate roles of leaders, managers, and organizational structure. More important, motivation affects an individual's intensity, direction, and persistence toward achieving a goal. This paper will cover the failure of WorldCom, describe how specific organizational-behavior theories could have predicted or explained the company's failure, and compare how leadership, management, and organizational structures contributed to the failure.
During ...

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to fraud and conspiracy charges (Jonesington, 2007).
WorldCom's failure resulted from poor leadership and management to solve financial problems. When the telecommunications industry declined, WorldCom and other companies suffered financially (Braun, Warder, & Zekany, 2004). During this time, predications indicated improvement within 10 years (Braun, Warder, & Zekany, 2004). As leading members of WorldCom organization, responsibility fell on them to lead this company in the right direction using leadership, management, and organizational structure.
Organizational theories help companies survive in the global environment. WorldCom CFO and director may not have followed good organizational behavior theories. If senior leaders would have used effective organizational behavior theories, this company would have survived.
Goal-setting theory is an effective method to motivate employees to attain specific and difficult goals leading to increased performance (Robbins & Judge, ...

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WorldCom Business Failure. (2014, January 23). Retrieved November 28, 2024, from http://www.essayworld.com/essays/WorldCom-Business-Failure/103592

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PAPER DETAILS

Added: 1/23/2014 12:17:04 PM
Submitted By: Melody64
Category: Business
Type: Premium Paper
Words: 1009
Pages: 4

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