Boiler room seth davis essay

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Boiler room seth davis essay

Thinking he would be pleasing his father he takes a job at a small brokerage firm called JT Marlin. At JT Marlin trainees make cold calls to lists of well-paid men, and then apply high-pressure tactic to sell initial public offerings exclusive to the firm. Seth is terrific at sales and once his training is over, the pay is phenomenal, and Seth is very curious to why.

Curiosity leads him to many ethical dilemmas and encounters with the FBI. The major theme in the movie is whether or not Seth should whistle blow on his company or wait to get caught. In the movie there are many issues in this movie that relate to management. Management is getting things done through people.

JT Marlin showed good and bad forms of management. They managed to get work done through organization, planning and controlling.

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They also had different levels of positions in the company to help getting work done efficiently. These job positions were interns, secretaries, brokers, and the head of the company. Good management was shown in many ways through out the movie.

JT Marlin had very good planning skills. They also were very motivating to their employees, which helped their employees work harder, so that they could achieve expensive cars, homes, and millions of dollars. Bad management was shown when the employees were extremely disrespectful to one another.

They also never demonstrated good skills when a problem came about. Presenting your self is one thing JT Marlin really stressed. They emphasized that looking sharp and successful was key to achieving business goals and making money.

In the movie the character played by Ben Affleck did a speech on acting as if. Planning is a very important part of management.

JT Marlin had great plans to escape the FBI, make the sales, answer questions, what stocks to sell, and how to make their first million dollars in three years.

Organization was what made JT Marlin so successful in the business world. Each employee had his or her jobs to do so that the business could go about productively.

An example of this what at night when one employee would destroy all the paper work so that the FBI would not catch them.

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The whole movie was filled with organized Schemes and crime. Controlling is setting standards and monitoring. Monitoring was shown poorly in the firm. The employees were not trusted and were constantly being watched by the group leaders. Setting Standards was demonstrated very well in the movie.

Setting Standards involved what you want to accomplish and how to get it done. Since JT Marlin had a very high work ethic they were able to accomplish a lot. They never settled for average, they wanted to be above and beyond the average brokerage firm. A major factor for JT Marlin was their environments.

External environments consisted of any factors the company could not control. These external environments affected how much money the firm made which was a huge concern for the brokers as well.

Boiler room seth davis essay

The internal environments were controlled very well. They were able to decide what was said to customers, what stocks were sold, how employees dressed, and all of their expenses.

Decision making style reflects the combination of how an individual perceives and responds to information. In the movie the head of the company had to chose what stocks to sell, the group leaders had to decide who to hire, and each individual broker and to decide which pitch to sell to the investors.

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Boiler Room. Topics: Management The Boiler Room Seth Davis closes down a casino he operated in his house for college students and seeks a new job. Thinking he would be pleasing his father he takes a job at a small brokerage firm called JT Marlin.

At JT Marlin trainees make cold calls to lists of well-paid men.

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