World Com
Business Ethics
Final Project
Extraordinary Circumstances
Stephanie Burg
2/16/2009
Table of Contents
Mission Statement 3
Ethical Principles/Tenets 4
Day to Day Operations 5
Cynthia Cooper and the Culture 6
Conclusion 8
Works Cited 10
1)Provide a Mission Statement and brief background about WorldCom. Briefly explain how WorldCom did not honor their statement.
WorldCom - "our objective is to be the most profitable , single source provider of communications services to customers around the world. Unstated Mission - Increase shareholder value." WorldCom's mission statement neatly encapsulated aspirations and strategies to be the leading facilities-based provider of end-to-end Telecommunications and Internet services to business customers globally".(WorldCom.com)
WorldCom was the second largest long distance phone company (AT & T was the largest) in the United States. WorldCom grew largely by acquiring other telecommunications companies most notably MCI. It was based in Clinton, Mississippi before moving to Ashburn, Virginia. They employed state-of-the-art technologies over fibre-optic city networks, national and international networks and transoceanic cable systems. The networks provided end-to-end, high-capacity connectivity to hundreds of thousands of commercial properties world-wide. Voice, Data and Internet services are effectively delivered over a single seamless network
WorldCom did not honor their mission statement they cared more about shareholder value and unfortunately creating shareholder value is not a really useful mission statement. It provided no meaningful direction to employees or managers. WorldCom created an environment that pitted the workers against each other to make financial goals therefore they did not respect their employees. If the employees didn't make their goals they were terminated. Also the expectations for everyone were set too high and people were unable to meet these expectations without doing something,
Final Project
Extraordinary Circumstances
Stephanie Burg
2/16/2009
Table of Contents
Mission Statement 3
Ethical Principles/Tenets 4
Day to Day Operations 5
Cynthia Cooper and the Culture 6
Conclusion 8
Works Cited 10
1)Provide a Mission Statement and brief background about WorldCom. Briefly explain how WorldCom did not honor their statement.
WorldCom - "our objective is to be the most profitable , single source provider of communications services to customers around the world. Unstated Mission - Increase shareholder value." WorldCom's mission statement neatly encapsulated aspirations and strategies to be the leading facilities-based provider of end-to-end Telecommunications and Internet services to business customers globally".(WorldCom.com)
WorldCom was the second largest long distance phone company (AT & T was the largest) in the United States. WorldCom grew largely by acquiring other telecommunications companies most notably MCI. It was based in Clinton, Mississippi before moving to Ashburn, Virginia. They employed state-of-the-art technologies over fibre-optic city networks, national and international networks and transoceanic cable systems. The networks provided end-to-end, high-capacity connectivity to hundreds of thousands of commercial properties world-wide. Voice, Data and Internet services are effectively delivered over a single seamless network
WorldCom did not honor their mission statement they cared more about shareholder value and unfortunately creating shareholder value is not a really useful mission statement. It provided no meaningful direction to employees or managers. WorldCom created an environment that pitted the workers against each other to make financial goals therefore they did not respect their employees. If the employees didn't make their goals they were terminated. Also the expectations for everyone were set too high and people were unable to meet these expectations without doing something,
Cited: Cooper, Cynthia. "The Journey of a Corporate Whistleblower Extraordinary Circumstances". Canada:John Wiley& Sons,Inc.,2008. Ferrell, Fraedrich, Ferrell. Business Ethics Ethical Decision Making and Cases. Massachusetts: Houghton Mifflin Company. 7th Edition, 2008 McGuire, Russ. "WordCom 's deadly culture." WorldNetDaily 17 June 2003. 17 June 2003. Sarno, John J,."Lessons From WorldCom".Slideshow. 16 January 2009.. Tavis Smiley. Cynthia Cooper. 15 April 2008. Transcript. 15 April 2008. WorldCom..