Great leaders are in the business of building relationships and the byproduct of their amazing network is a successful real estate, widget, or olive oil business. Get Everyone Around the Table: When all hell breaks loose in business and in life, great leaders step up and insist that all affected parties come together for a meeting. - Michelle Quest, Partner, KPMG LLP The Godfather (Parts I, II, and III) are classic movies (adapted from a bestselling novel) that have all stood the test of time. Tuesday, December 25, 2012. Cabrini University. What steps you take next to grow that novel idea is your journey towards success or failure. By downloading this resource your information will be shared with its authors. Such is the case of Michael Corleone at his father's funeral. The Positive Lessons. The Godfather Lesson #1: Offer That Can’t Be Refused The most important part for each business is the offer. The Godfather demonstrates an awesome ability to delegate, and to do it immediately. In every business there is drama, he said she said, undermining, antics, and power plays. 6 Money Management Lessons You Can Learn From 'The Godfather' Published on October 26, 2015 October 26, 2015 • 2 Likes • 0 Comments Throughout The Godfather … More and more schools are introducing approaches to learning that stray away from traditional styles, and encourage students to think “outside-of-the-box,” such as the approach of Dr. Allègre Hadida at Cambridge University’s Judge Business School. The most salient seem to be (in order of applicability to us, the average people): 1. This is when Johnny Fontane asks his Godfather for assistance entering the movie business. BRUCE HARPHAM. In this case, it was a huge success based on self-belief. An Offer They Can't Refuse: There are many differences between those who lead and those who follow, and one that stands out in both the movie and in real life is this; great leaders negotiate differently. Let's face it, most people talk a good game, but never follow through. President, Proximo, LLC. All the latest analysis, stories and resources from IEDP.com – as well as invitations to webinars and live events, and a look at the best upcoming programs – direct to your inbox. Let’s look at five invaluable leadership lessons from the man who played one of the most iconic characters in cinema. This week, choose one of the lessons from this article and put it into practice. Though not traditionally popular for its underlying business lessons, upon further examination it appears that The Godfather does indeed cover a number of important topics in this context. He was a cold blooded killer who had set some harsh precedents. If the offer is something that cannot be refused, the business will not suffer from the lack of customers because there always will be customers who will want more from your business. Leaders negotiate from strength. They make their strongest and best offer first with the assumption that the other party will take it because it's that good. Many of the other tips that follow will all add up to creating respect, but there are other more direct ways too. In this setting, the themes of loyalty, competition, improvisation and “thinking big” are all explored. So it is true in business. Turns out quite a few films offer some amazing insights and are super fun to watch at the same time. THE GODFATHER Screenplay by Mario Puzo Francis Ford Coppola Based on a Novel by Mario Puzo. Just as business climates around the world have witnessed major changes in recent years, so too have teaching methods used in business schools. Don Vito Corleone represents the epitome of wisdom and experience combined. Stacey Alcorn is the author of REACH! Lessons from the Godfather Trilogy: Universal Principles and Practical Advice by Daniel Cummins. Leadership Lessons from 'The Godfather' What does a real-life CEO have in common with the central figures of a fictitious Mafia crime family in The Godfather? "Keep your friends close, but your enemies closer." Great leaders are good at getting what they want by stepping into the shoes of the other party to determine what they will be looking for, and then they formulate the offer around that. Stacey is a regular contributor to Entrepreneur and Huffington Post and has a weekly podcast series entitled Leaders and Legends on iTunes. Building and connecting the network both inside and outside of the business is the name of the game for great leaders. Here are a few I would like to outline. Human Resource Management Magazine Best in Business, Now in one Place (Forwards, Articles etc. ) Her students include corporate executives, who she says she often takes out of their “comfort zones [and uses] visual elements like movies or graphic novels to make them reflect on what are business-related situations, yet depicted in different settings.”. Michael trashes the flowers and brings the baker outside to stand on the steps of the hospital with him. This movie captures the true challenges entrepreneurs of today face. When the Godfather dies, his son Sonny takes over the family in a moment of crisis. “We deliver executive education experiences to develop the skills and mindsets that push forward the boundaries of value creation.”, Join Schulich’s Brett Richards and Renée Bazile-Jones, on 8th Dec, to learn how best to develop adaptability, inclusiveness, and growth in your organization, All the best analysis, articles, resources, and upcoming programs - to your inbox. He sat back and observed, understanding that what people say to you (including employees, associates, and customers) is only a very small fraction of the truth. Reporting on Hadida’s teaching style, Parminder Bahra of Wall Street Journal also agreed that “there are many examples from the arts where business issues are raised.” So perhaps Hadida is on to something. In fact, Tom, advised each family member at times. The Godfather It was the top-grossing movie of that year, won multiple Academy … America has made my fortune. Moore says The Godfather offers valuable lessons in community and team building, making tough decisions, and playing to win while not neglecting friends and family. Even use the word respect and tell them why this is so; this is something the Godfather does a great deal. In this setting, the themes of loyalty, … DON CORLEONE'S HOME OFFICE – DAY BONASERA (seated in front of the Don's desk, facing the camera) I believe in America. One of the most successful movies of all time can lend you some valuable business lessons. What struck me about this movie was that if you can identify a need that isn’t being satisfied, what you have is an opportunity on your hands. Corporations today can learn plenty from the Corleone family and emulate the leadership styles and lessons put forth by the Godfather. 4 - Have A Succession Plan. His son, Michael, shows up only to realize that that all of his father's security has been eliminated. … Instead of butchering a thousand small fish in retaliation, they assassinate the one big fish, the bloodthirsty tiger shark and win the war, or almost. In the life of a business analyst, people come and go. The movie focuses entirely on The Godfather's ability to manage the hundreds of relationships he has built over his lifetime. The only way to see through it all is to get all the parties in a room together to communicate. Of course the Don used one more tool to great effect -- fear. Tell me how to win." While waiting for the security to show up, the local baker stops by to visit Corleone with some flowers. Those are just some of the main lessons from The Godfather that could work in life as well as business. Transactional leadership involves an exchange – money for work, one favor for another. There are so many remarkable lessons -- from Michael Corleone's hero's journey to his succession of leadership from his ailing father during a tumultuous gang war. I gave her freedom, but I taught her never to dishonor her family. Panelists at a recent NACD Carolinas Chapter program shared insights on board readiness, lessons learned, and the current state of the M&A market. Aside from being one of the most influential books and films of my generation, The Godfather has a few lessons for the boss of a family-run business, writes Ken Jacobson, CEO of chief executive mentoring organisation Vistage. Leaders, on the other hand, make things happen. Fake It: There is one scene where Don Corleone is in the hospital recovering from multiple gunshot wounds. "I never miss Developing Leaders… a sophisticated source of new thinking around leadership development." The main character, Don Vito Corleone is an entrepreneur, whose son, Michael Corleone, works hard to expand the businesses he takes on as successor in a tough climate. Never rat on your colleagues, keep your “organisation’s” reputation intact and if you refuse to let go of the reigns, you may well end up with a horse’s head in your bed. Speak less. Full, Cambridge Judge Business School, Executive Education. Shut It: During the meeting with The Sollozzo family, during which that family was trying to get Don Corleone in on the narcotics trade in return for use of some of his high-end political and legal contacts, Sonny shoots his mouth off as to why it wouldn't be a good deal for The Corleone's. So, there’s 3 business lessons to learn from The Godfather- one of the greatest films of all time. Here are the 8 leadership lessons I learned from the Don: Delegate Immediately: Great leaders climb to their positions because they are typically really good at getting things done. To understand the entire workings of an operation, a great leader simply observes using his eyes and ears, and only then can he see the entire picture. Now you’ve learned about the Godfather’s techniques, it is time to put them into action. When the hit men from the other family show up they see that there must be full blown security on the Don based on the two guys out front with weapons, and they move along. - Dream, Stretch, Achieve Influence and regularly travels the world showing business entrepreneurs how to REACH!. So, how does the Godfather manage this without getting his hands dirty? The main character, Don Vito Corleone is an entrepreneur, whose son, Michael Corleone, works hard to expand the businesses he takes on as successor in a tough climate. Love him or hate him, there is one thing that is certain, The Godfather was an amazing leader. Having read the book and watched the movie, I was enthralled with the lessons to the extent that I wrote down leadership lessons throughout the story. Are movies, and the arts in general, the new alternative to reading lengthy academic case studies to understand key business topics? Strong relationships coupled with a healthy network results in a powerful business. 1 FADE FROM BLACK INT. For information on print subscriptions sign up below and check the relevant box. Neither Michael nor the baker are carrying a weapon, but they fake it. Before we dive any deeper into the shark infested waters of The Godfather seeking pearls of wisdom, let us examine the dirty side of this coin – brought out in the same book. October 29, 2013 . In the first article of this series, Lessons from The Godfather: Make an Offer he Can’t Refuse, we explored the implication of the takeaway in the routine but critical activity of salary negotiation. Great leaders are very good at listening. Trust Is Important In Building A Team – Choose Your People Well ; The Godfather was known to use his ears more than his mouth.
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