Question

In: Operations Management

Write a recommendation of 2 pages on how the movie "The Wolf of Wall Street (2013)''...

Write a recommendation of 2 pages on how the movie "The Wolf of Wall Street (2013)'' is related to strategic management?
Does the movie has a surprise ending? If yes, what parts of the movie are unexpected, and do they relate to strategic management? If no, please skip this question.
Nb: The movie should be related topics in the lectures or in the textbooks, for example, game theory, corporate merger & acquisition, and corporate governance, etc.

Solutions

Expert Solution

Yes, the movie "Wolves of Wall Street" is about strategic management at some point. It was always how to strategize the entire system of making trade and receiving profits, from the way the first call was made, the upselling was done, the people were motivated to put in the money, the bars were staked, and the bids were made. Jordan Belfort was able to be a rich person and make the people along with him reach great heights because he was a good leader. he was able to bring in the people, train them to do the bidding, and make sales because he was a master of strategic management. He looked at the work ethic and the personality of the people and turned a go-down into the richest office in no time. he was able to strategize the entire situation, the work, the things to be achieved and the path to be followed.

The movie does not have an abrupt ending but did have a surprising one. In the ending Jordan Belfort is seen to come back after the three-year sentence to teach marketing to a bunch of people. Post the motive, everyone believed that he would come back to do trading again and raise a new set of people but it is shown he has retired to be a sales professor. It was surprising to see him give up on trading.
Also, the time when he had picked up some random people from a go-down to start the entire trading center and rose those few people into millionaires was one of the strange events which could be seen. It was thrilling to see some random people turn into best traders who were strategically managed by Jordan.


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