Let's face it, most people talk a good game, but never follow through. It was the top-grossing movie of that year, won multiple Academy … 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. The most salient seem to be (in order of applicability to us, the average people): 1. 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 Godfather tells Sonny to shut up and then later explained to him that he should never tell anyone outside of the family what he is thinking. In this setting, the themes of loyalty, competition, improvisation and “thinking big” are all explored. As the empire grows it is essential to figure out a way to make sure that promises continue to be fulfilled so that those who follow continue to have respect and faith in the leader. - Dream, Stretch, Achieve Influence and regularly travels the world showing business entrepreneurs how to REACH!. This I discovered during that great presentation in Prague. Leaders can pull off an occasional bluff when the timing calls for it. The strategic planning and business savvy these stories depict demonstrate the complexity of human nature and the lengths people go to in order to be well off in this tough competitive world. Are movies, and the arts in general, the new alternative to reading lengthy academic case studies to understand key business topics? The movie contains many valuable management skills such as: An offer you can’t refuse Making an offer in a powerfully irresistible way is a valuable lesson from the movie. Relationship Business: Awesome leaders are not really in the business of real estate, selling widgets, or producing olive oil. To Tozzi, that lesson also applies to the regulatory world: "You’ve got to get something out there that gets people on the floor. 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. It has so much substance, and it offers some very important life lessons. Ashley Sierzega. What strikes me most about the story is the way in which the Corleone family is knitted together by fierce, sometimes conflicting emotions: passion, fear and trust. By downloading this resource your information will be shared with its authors. Michael realizes that a hit is about to go down on his father and calls the family for back up. She uses clips from The Godfather to demonstrate diversification in a family business; Gladiator to show the implementation of a functional strategy; Jerry Maguire to illustrate the concept of values, and many more. Panelists at a recent NACD Carolinas Chapter program shared insights on board readiness, lessons learned, and the current state of the M&A market. For those who are interested in Product Management, there are 5 key lessons you 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. So it is true in business. 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. Bruce Harpham writes about project management training. 1 FADE FROM BLACK INT. Cabrini University. To honor thy father we couldn’t pass up an opportunity to sift through the three films and novel to find our favorite teachable moments. It’s a guide to life, offering endless lessons on how to handle every situation you may encounter. Human Resource Management Magazine Best in Business, Now in one Place (Forwards, Articles etc. ) It’s been praised for being cinematically brilliant, having well-defined characters, and being able to tell the story of gangsters and immigrants through a well-written plot. 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. Learn from The Godfather! 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. Even the film’s most famous quote (“I’ll make him an offer he can’t refuse”) highlights an important skill required of executives today – negotiation. The Godfather is not considered to be a classic just because of its direction, caste, story etc. Her WHY is her 5 year old daughter, Oshyn. He teaches the baker how to make it look like he's got a gun in his jacket. But it is not the enemy alone who employs these tactics. We don’t have people dancing to the regulatory budget yet." Tactfully, they slay him, as we have seen in the previous article, Lessons from The Godfather: Angry Decisions Invite Disasters. For information on print subscriptions sign up below and check the relevant box. 4 - Have A Succession Plan. Summary. Don Vito Corleone represents the epitome of wisdom and experience combined. The Godfather is more than a movie. THE GODFATHER Screenplay by Mario Puzo Francis Ford Coppola Based on a Novel by Mario Puzo. This movie captures the true challenges entrepreneurs of today face. Jan 16, 2016. The 1972 movie The Godfather is without question one of the best motion pictures ever produced. 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. These aren’t the only reasons why you should watch this movie. Corporations today can learn plenty from the Corleone family and emulate the leadership styles and lessons put forth by the Godfather. One of the most successful movies of all time can lend you some valuable business lessons. 7 Business Analyst Lessons From The Godfather Written by ... such as a short phone call to a colleague before you consider escalating a problem to senior management. Great leaders are very good at listening. October 29, 2013 . … A cross-discipline approach to the art and science of leadership, with research, analysis, opinion and practical advice from the world’s foremost business thinkers and practitioners. 9294 flickr.com The "Godfather" Trilogy (1972, 1974, 1990), directed by Francis Ford Coppola, follows the business of the Corleones, a powerful Italian-American family living in New York. Tuesday, December 25, 2012. 3 Business Lessons From The Godfather 3 Business Lessons From The Godfather. 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. She is addicted to awesome shoes, reading, writing, cool people, and building business empires, including the 5th largest real estate firm in Massachusetts, LAER Realty Partners, closing more than $1B in real estate sales annually. Fake It: There is one scene where Don Corleone is in the hospital recovering from multiple gunshot wounds. The only way to see through it all is to get all the parties in a room together to communicate. When you strip the story of the bloodshed and drama you are left with something entrepreneurs like me savor; pure unadulterated lessons on how to lead an empire. Although the Don has a considered and measured approach to … The Godfather is an iconic film and novel that everyone remembers and quotes. In negotiating with customers, vendors, and competitors, everything they say is calculated and filtered because speaking one's mind off the cuff can often be deadly. This week, choose one of the lessons from this article and put it into practice. Lessons from the Godfather Trilogy: Universal Principles and Practical Advice by Daniel Cummins. The cult movie Godfather is one that all of us have watched. Have you ever watched a movie and asked “what can I learn about managing and business from this film” even when that is not the main purpose of the film. - Michelle Quest, Partner, KPMG LLP Good Knowledge Management -- During every meeting, he had his "consigliere" with him taking notes and action items to ensure nothing fell through the cracks. Here are 5 valuable marketing lessons from the Corleone family that will help you take on the Tattaglias, Barzinis and Sollozzos that you face! The Godfather Lesson #1: Offer That Can’t Be Refused The most important part for each business is the offer. So, how does the Godfather manage this without getting his hands dirty? "Keep your friends close, but your enemies closer." Love him or hate him, there is one thing that is certain, The Godfather was an amazing leader. Many of the other tips that follow will all add up to creating respect, but there are other more direct ways too. When followers go after something they want, they tend to low ball or make a weak offer in the belief that the other side will negotiate. The Godfather, in an effort to call an end to the war, brought together all the families for a meeting so that they could talk through the problems and come to a resolution. The Godfather demonstrates an awesome ability to delegate, and to do it immediately. In this setting, the themes of loyalty, … 6 Money Management Lessons You Can Learn From 'The Godfather' Published on October 26, 2015 October 26, 2015 • 2 Likes • 0 Comments 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. 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. Using Council: The Godfather always had his consigliere, Tom, by his side for council. Transactional Leadership Can Work. Building and connecting the network both inside and outside of the business is the name of the game for great leaders. As more and more executives are looking into leadership development programs, innovative and time-efficient teaching methods will certainly become a priority for them. This makes Hadida’s creative approach a welcome addition to the increasing executive education options available today. I gave her freedom, but I taught her never to dishonor her family. His son, Michael, shows up only to realize that that all of his father's security has been eliminated. The Godfather They make their strongest and best offer first with the assumption that the other party will take it because it's that good. In fact, Tom, advised each family member at times. They sit back quietly and observe. When the Godfather dies, his son Sonny takes over the family in a moment of crisis. In this case, it was a huge success based on self-belief. When Don Corleone was in the hospital and Sonny was running things, there was one point where Sonny said, "No more advice on how to patch things up. 6 min read. 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. 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. Great leaders not only have great council, they are very specific as to what kind of council they are seeking. Neither Michael nor the baker are carrying a weapon, but they fake it. Thank you, Jörg Zätzsch & Co., for YOUR values, YOUR confidence, and YOUR inspiration! 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. 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? Tell me how to win." "I never miss Developing Leaders… a sophisticated source of new thinking around leadership development." 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. Full, Cambridge Judge Business School, Executive Education. President, Proximo, LLC. 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. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Throughout The Godfather … Turns out quite a few films offer some amazing insights and are super fun to watch at the same time. The movie focuses entirely on The Godfather's ability to manage the hundreds of relationships he has built over his lifetime. Stacey is a regular contributor to Entrepreneur and Huffington Post and has a weekly podcast series entitled Leaders and Legends on iTunes. This is when Johnny Fontane asks his Godfather for assistance entering the movie business. Just as business climates around the world have witnessed major changes in recent years, so too have teaching methods used in business schools. Those are just some of the main lessons from The Godfather that could work in life as well as business. Of course the Don used one more tool to great effect -- fear. The Corleone family is no different. While waiting for the security to show up, the local baker stops by to visit Corleone with some flowers. 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. 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.”. Lesson: Sometimes, you give a favor simply to make the world a better place. 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. 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. Speak less. DON CORLEONE'S HOME OFFICE – DAY BONASERA (seated in front of the Don's desk, facing the camera) I believe in America. This is what differentiates a good leader from a great one. Trust Is Important In Building A Team – Choose Your People Well ; The Godfather was known to use his ears more than his mouth. BRUCE HARPHAM. Strong relationships coupled with a healthy network results in a powerful business. In every business there is drama, he said she said, undermining, antics, and power plays. In the life of a business analyst, people come and go. Here are a few I would like to outline. What steps you take next to grow that novel idea is your journey towards success or failure. Michael trashes the flowers and brings the baker outside to stand on the steps of the hospital with him. 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. 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. Let’s look at five invaluable leadership lessons from the man who played one of the most iconic characters in cinema. There are plenty more life and business lessons to learn from The Godfather, but I’m not going to tell you to make your competition sleep with the fishes because that would be wrong! According to Justin Moore, CEO and founder of Axcient, plenty. For this reason, he never sits alone when taking a request for help from someone. And I raised my daughter in the American fashion. 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. Make sure your team knows that you respect them. So, there’s 3 business lessons to learn from The Godfather- one of the greatest films of all time. Great leaders realize that they can't do it all, but have amassed a team that will ensure the job gets done. The Positive Lessons. 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. 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. Be decisive, remember it’s just business and keep your friends close and your enemies closer. Strategy Lessons from The Godfather. A lecturer in strategy, Hadida claims that clips from popular Hollywood films can be used as an effective tool when teaching management and leadership-related matters. Not only is The Godfather an entertaining gangster saga, but it is also a story about power, family, and capitalism. Is a selection of clips from blockbuster movies the new, timesaving alternative to dense case studies when teaching executive education? Leaders, on the other hand, make things happen. At a minimum, his consigliere, Tom, or his son, Sonny were always at his side and once he granted a favor to someone, The Godfather would immediately assign the task of fulfilling the favor to one of his team members. Transactional leadership involves an exchange – money for work, one favor for another.