The fall of Tenneco Inc.: Six valuable lessons of enterprise‐risk management

Abstract

Purpose

Reviews the latest management developments across the globe and pinpoints practical implications from cutting‐edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

The fall of Tenneco Inc., once ranked eighteenth in the Fortune 500, illustrates how a company management accustomed to prosperity put an enterprise at risk by making problematic acquisitions and adopting questionable financial policies that became destructive when the firm experienced volatile earnings.

Practical implications

Provides strategic insights and practical thinking that have influenced some of the world's leading organizations.

Originality/value

The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format.

Citation

(2009), "The fall of Tenneco Inc.: Six valuable lessons of enterprise‐risk management", Strategic Direction, Vol. 25 No. 5, pp. 15-17. https://doi.org/10.1108/02580540910952046