Business Quote by Kenneth Lay
“I have to take responsibility for anything that happened within its businesses.”
About This Quote
Source Testimony: Enron hearings, 2002
Lay admits responsibility for corporate actions, implying accountability.
In simple terms: He accepts corporate responsibility.
Key Takeaway
Own outcomes of leadership.
Themes
leadership
accountability
corporate ethics
Mood
serious
formal
Type
business
ethical
When to use this quote
- board meetings
- public statements
- press releases
Key Concepts
responsibility
governance
risk management
Questions to Reflect On
- How does accountability affect trust?
- What steps ensure ethical leadership?
A Different Perspective
May be seen as deflecting blame.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)