Sunday, 26 August 2012

3 Films To Watch About Business

Do you have programmes for this evening? Considering the record-hot summer and the fact that many have to work tomorrow, you'd probably want to stay at home. However, all is not lost considering entertainment - and if you are reading Schoolonomic at this hour, then consider watching one of the films below, collected by us, about the inner workings of unique companies.

3. Forrest Gump 

While this classic is definitely not the title which comes to most peoples' minds when they think of business films, hidden beneath the heartwarming story of Forrest actually lies a lecture about market monopoly. Remember the scene where Gump, along with his ex-platoon commander Dan Taylor go out shrimping during a hurricane? What differentiated Bubba Gump Shrimp Company from the hundreds of others was it's gamble to take an extra risk with the hopes of gaining extra profit - which in turn lead to them dominating the shrimp market. If you have not seen the film yet, do - it's probably one of the most heartwarming films of all time, combined with a nuanced satire of America in the second half of the 20th century. And if you did, then watch it again, knowing that not only you earn yourself a night of entertainment, but also an important lesson on market competition.


This movie beautifully demonstrates the power of psychology and tradition in professional environments - based on the similarly titled 2003 book of Michael Lewis (from whom you should definitely read more), this 2011 film depicts the story of Billy Beane, General Manager of the Oakland Athletics baseball team who had huge successes with his team after reorganising it in an unconventional way. Instead of hiring new players using the guess-based and subjective approach of contemporary baseball coaches, Billy used the newly invented discipline of  "sabermetrics" to statistically assess players' success rates in their matches. His new method, while highly controversial earned him 20 consecutive victories with the team, and changed the world of professional baseball - so if you like game-changer business ideas and unconventional investment methods, then this film is just for you.

1.The Social Network

This film is definitely set on track to become a movie classic - the story of Mark Zuckerberg and one of the biggest IT companies of all time, Facebook is thoroughly documented in the film, starting from day one. (And even a bit before that.) If you missed the film back when it was released, then you should definitely get it as soon as possible - the film carefully mixes intriguing biography with company history, serving as a role model for all startup companies. This is the number one in this evening's Schoolonomic collection of business films - so grab the DVD, use an Internet broadcasting service like Hulu, or simply leave us a comment with your suggestions. Which one of the above films do you prefer the most? Would you include something else in the list? Share your opinion.


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