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24 Freedom From Economics

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THE ECONOMIC TIMES | MUMBAI | THURSDAY | 4 AUGUST 2011

For Hollywood, the world of business can be a vehicle for many kinds of stories, from morality tales to conspiracy theories to
David-and-Goliath fables. With that in mind, Bloomberg Businessweek asked deans at the top 30 US business schools to name their
favourite movies with a business theme or lesson and to explain their choices. For anyone contemplating business school, or currently
enrolled in one, these picks serve as a kind of silver-screen curriculum on leadership, ethics, and the exercise of power. By Kiah Haslett

Must See Movies


for B-School Student

Gung Ho

| 1986

Repo Man

Starring: Michael Keaton, Gedde


Watanabe, George Wendt

The Social Network

| 1984

Starring: Jesse Eisenberg, Andrew Garfield, Justin Timberlake

Starring: Harry Dean Stanton, Emilio


Estevez, Tracey Walter

Recommended by: Joseph


Thomas, dean of Cornell
University's Johnson Graduate
School of Management

Recommended by: Bob Dammon, dean of Carnegie Mellon


University's Tepper School of Business; Judy Olian,
dean of the UCLA Anderson School of Management; and James
W. Dean Jr., dean of the University of North Carolina's
Kenan-Flager Business School

Recommended by: Thomas W. Gilligan, dean of the University of Texas,


Austin's McCombs School of Business

Joseph Thomas

Norma Rae

Wall Street

Starring: Marlon Brando, Al


Pacino, James Caan
Recommended by: Paul
Danos, dean of Dartmouth
College's Tuck School of
Business, and Robert F.
Bruner, dean of the
University of Virginia's
Darden School of Business

17

| 1987

Starring: Charlie Sheen, Michael Douglas, and Tamara Tunie

Starring: Sally Field, Beau Bridges


Recommended by: James W. Dean Jr.,
dean of the University of North
Carolina's Kenan-Flager Business School.

Recommended by: Bob Dammon, dean


of Carnegie Mellon University's Tepper
School of Business

James W. Dean Jr.

It's a Wonderful Life

Bob Dammon

Leadership doesn't just come from the top.


Norman Rae is a single mother whodespite
great personal riskfights to unionize her
textile mill to improve terrible working
conditions.

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The Godfather | 1970

A must-see primer on how


the millennials think,
invent, and connectand
how bumpy the ride can be
from rags to riches.

Determined professionals relentlessly


pursue legitimate commercial objectives
in a morally and technologically
ambiguous world.

| 1979

Paul Danos

Judy Olian

Thomas W. Gilligan

This movie was made when Japan was showing


the world how to make better products. The
movie is about the clash and eventual
reconciliation of cultures. Both cultures are
overdrawn a bit, but the movie is thoughtful

15

| 2010

Michael Corleone, in
ordering execution
for a top lieutenant's
switching loyalty
says, "Tessio was
smarter," indicating
that it did not
surprise him that
Tessio would be the
first to switch
allegiance to a new
leader when the old
leader was past his
prime.

24

| 1946

Starring: James Stewart, Donna Reed,


Lionel Barrymore

For me, the story is about a character (Charlie


Sheen) who is torn between the moral and ethical
upbringing he received from his father (Martin
Sheen) and the allure of wealth and power as
embodied by Gordon Gekko (Michael Douglas).

Recommended by: Joseph Thomas, dean of


Cornell University's Johnson Graduate School of
Management, and Paul Danos, dean of
Dartmouth College's Tuck School of Business

Joseph Thomas

Patton

| 1970

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12 Angry Men | 1957

Starring: George C. Scott, Karl


Malden, Stephen Young.

Starring: Henry Fonda, Lee


J. Cobb, and Martin Balsam

Recommended by: Robert F.


Bruner, dean of the University of
Virginia's Darden School of Business

Recommended by: Joseph


Thomas, dean of Cornell University's Johnson Graduate School
of Management

The small Savings and Loan officer, George Bailey,


lambastes the money bags character, Mr. Potter,
with " my father didn't think so. People were
human beings to him

Other People's Money | 1991

Robert F. Bruner
Joseph Thomas

A profile of the most aggressive American


general in World War II. This movie prompts
deep reflections on the emotional intelligence
that must underpin true leaders

This is not really a business book, but it is a


wonderful depiction of group decision
making, consensus-building, and persuasion,
all crucial in business. For years, this movie
was utilized in one of our courses at Johnson.

Judy Olian

Inside Job

Starring: Matt Damon,


William Ackman,
Daniel Alpert

Moonstruck | 1987

10

| 2010

Starring: Cher, Nicolas Cage


Recommended by: Paul Danos,
dean of Dartmouth
College's Tuck School of Business

Recommended by: Judy


Olian, dean of the UCLA
Anderson School of
Management

A post-mortem of
the most significant
global economic
crisis in decades,
pointing to shared
culpability across
many institutions,
government and
organizations.

Up in the Air

Tunes of Glory
Trading Places

Starring: Eddie Murphy, Dan Aykroyd, Ralph Bellamy

20

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Recommended by: Joseph Thomas, dean of Cornell University's


Johnson Graduate School of Management, and Bob Dammon, dean
of Carnegie Mellon University's Tepper School of Business

Herb and Dorothy | 2008

Starring: Herb, Dorothy Vogel


Recommended by: Judy Olian, dean of the UCLA Anderson School of Management

Bob Dammon
A humorous story of greed,
deception and redemption. It
is always great when the
good guys win.

21

Judy Olian

Barbarians at the Gate

The beauty of maniacal focus:


how a couple of modest
means amassed one of the
great modern art collections
in America

| 1993

The Wizard of Oz

| 1939

Starring: James Garner,


Jonathan Pryce, Peter Riegert
Recommended by: Bob
Dammon, dean of Carnegie
Mellon University's Tepper
School of Business

12

Starring: Judy Garland, Frank Morgan


Recommended by: James W. Dean Jr., dean
of the University of North Carolina's KenanFlager Business School

The Secret of My Success |1987

| 1960

Starring: Alec Guinness, John Mills


Recommended by: Robert F.
Bruner, dean of the University of
Virginia's Darden School of Business

11

| 1983

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prohibited.

Starring: George Clooney, Vera Farmiga, & Anna Kendrick


Recommended by: Judy Olian, dean of the UCLA Anderson School of Management

Paul Danos
The character Cosmo Castorini has the "hard sell"
down pat, saying to a naive young couple: "There
are three kinds of pipe. There's what you have,
which is garbageand you can see where that's
gotten you. There's bronze, which is pretty good,
unless something goes wrong

26 A Small Act | 2010 | Starring: Chris Mburu, Hilde Back


27 A Christmas Carol | 1984 | Starring: George C Scott
28 Working Girl | 1988 | Starring: Melanie Griffith, H Ford
29 Invictus | 2009 | Starring: Morgan Freeman, Matt Damon
30 Too Big to Fail | 2011 | Starring: J Woods, J Heard

19

| 2009

25

Starring: Danny DeVito, Gregory Peck, Penelope Ann Miller


Recommended by: Thomas W. Gilligan, dean of the University of Texas, Austin's McCombs School of Business

James W. Dean Jr.

Starring: Michael J. Fox, Helen Slater, Richard Jordan

This famous classic showcases


Industrial Age perfection in the
Emerald City.

Recommended by: Bob Dammon, dean of Carnegie Mellon University's Tepper School of Business

Your appraisals
making you feel

inadequate?

Bob Dammon
A great comedy about a young
Midwesterner (Michael J. Fox)
traveling to the big city to
begin his corporate career

Something Ventured | 2011

House of Strangers | 1949

Starring: Edward G. Robinson, Susan


Hayward, Richard Conte
Recommended by: Paul Danos, dean of
Dartmouth College's Tuck School of Business

Paul Danos
House of Strangers shows how microfinance worked
in the ghettos of New York in the 1920s and '30s. The
Gino Monetti character's banking success is based on
lending money to neighbourhood people with just a
handshake, but that kind of "collateral" does not pass
muster with the new breed of bank regulators.

Starring: Bill Bowes, Herbert Boyer


Recommended by: Rich Lyons, dean of
the University of California, Berkeley's
Haas School of Business

Rich Lyons
It's about the history of the VC industry and
Silicon Valley. It did a fine job of communicating
what the founding actors of VC are really like.
One gets the feeling that if this hadn't been
captured like this today, it might never have
been captured in this first-person way.

Man in the Gray Flannel


Suit | 1956

13

Animal House |1978

14

Starring: John Belushi, Karen Allen, Tom Hulce


Recommended by: Thomas W. Gilligan, dean of the University of Texas, Austin's McCombs School of Business

Thomas W. Gilligan

Starring: Gregory Peck, Jennifer


Jones
Recommended by: Robert F. Bruner,
dean of the University of Virginia's Darden School of Business

One of the best documentaries


ever made on how to
structure management
training and leadershipimmersion programs.

22

Risky Business |

Got bypassed for the promotion once again?

1983

Tired of waiting for the next cycle? Finished with working

Starring: Tom Cruise, Rebecca De Mornay, Joe Pantoliano


Recommended by: Thomas
W. Gilligan, dean of the University of Texas, Austin's
McCombs School of Business

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Citizen Kane

23

1941
Starring: Orson Welles,
Joseph Cotten, Dorothy
Comingore
Recommended by: Paul
Danos, dean of Dartmouth
College's Tuck School of
Business, and James W. Dean
Jr., dean of the University of
North Carolina's KenanFlager Business School

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