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Learned Business Concepts from “in Good Company”

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Learned Business Concepts from “in Good Company”
Business Concepts 1

Learned Business Concepts from “In Good Company”
Monica Howell
LED 603 Organizational Leadership

Business Concepts 2
Abstract
Evaluating and developing effective leadership styles and techniques is invaluable within an organization. Many lessons and developmental principles can be learned by reviewing potential successes and failures within companies. Understanding these lessons and proper use business concepts is imperative to the overall growth and development of any organizations. Some of these principles, such as the complexities of leadership styles, organizational direction and business ethics, can be seen within the movie “In Good Company”.

Business Concepts 3
Learned Business Concepts from “In Good Company”
There are three primary learned business concepts displayed in the movie “In Good Company”. The business concepts include; complexities of leadership styles, organizational direction and business ethics. In the overall life of an organization there are some leaders portray positive and productive leadership styles but there are others that are negative and can even be detrimental to the organization. It is the responsibility of an organization to help their leaders grow (Heifetz, 2008, p. 13). They should also get rid of those who either resist growth or refuse to change. An additional business concept that should be provided is organizational direction. Business must have a clearly defined organizational direction and purpose. By setting goals, implementing the goals, gain feedback and then make the needed revisions. This allows a business to move in a productive direction and allows employees a chance to voice opinions. The lack of this business concept can leave an organization struggling and wasting valuable resources. Business ethics or the lack of business ethics is also just as valuable to the long-term success or failure of a business organization. If ethics are lacking then trust and respect can



References: Heifetz, R. A. (2008). Business Leadership. San Francisco: Jossey-Bass. Johnson, D. W., & Johnson, F. P. (2009). Joining Together Group Theory and Group Skills. Upper Saddle River: Pearson. Natemeyer, W. E., & McMahon, T. J. (2001). Classic s of Organizational Behavior. Long Grove: Waveland Press, Inc.

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