An Offer You Can't Refuse: Leadership Lessons From "The Godfather" - Deepstash

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An Offer You Can't Refuse: Leadership Lessons From "The Godfather"

https://www.fastcompany.com/1826672/offer-you-cant-refuse-leadership-lessons-godfather

fastcompany.com

An Offer You Can't Refuse: Leadership Lessons From "The Godfather"
What does a real-life CEO have in common with the central figures of a fictitious Mafia crime family in The Godfather? According to Justin Moore, CEO and founder of Axcient, plenty. Moore is a serial entrepreneur, early-stage advisor, and angel investor.

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'The Godfather' and how to build up partnerships

Building up strategic partnerships is, for a manager, one sure key to success. According to one of the greatest movies of all time, creating a network is essential to your success as a leader.

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'The Godfather' and how to be a respected leader

In order to keep your business running, sometimes you must be though with the ones around you, as you are responsible not only for your own actions, but also for the others'. Or at least this i...

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'The Godfather' and how to be determined

This worldwide famous movie provided us all with quite a few useful lessons, among which the one concerning how much a leader's determination counts. One sure way to make your team respect you ...

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'The Godfather' and the importance of family

While it presents crimes and a tough world, 'The Godfather' also gives us an insight of how important the family should be in our life. Spending time with your family and friends makes you ...

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SIMILAR ARTICLES & IDEAS:

Using Decision Trees

  • Understand the different outcomes that could happen (both positive and negative)
  • Calculate the expected return or loss of each outcome
  • Attach a probability to each outcome
  • Understanding the magnitude of the return or loss
  • Multiply the probability by the magnitude (probability of winning * value of win) — (probability of losing * cost of the loss)
  • Add up and subtract all of the expected returns and losses
  • To get started you don’t need to know the exact probabilities. Just following the process will give you unique insights you wouldn’t have had otherwise.

Use Decision Trees 

Elon Musk uses decision trees to make big decisions (a tool that uses a tree-like graph or model of decisions and their possible consequences, outcomes, and resources). They are particularly useful for avoiding stupid risks and big bets that aren’t likely to succeed.

Most became a billionaire by making unlikely big bets, as their expected return statistically was much higher than safer bets.

Build Deep, Long-Term Relationships

One of the best ways to get information is not from just being better at searching Google, it’s from learning how to build a network and get the information you need through that network. 

This network should include people’s lessons learned and hacks, topics that are too sensitive to talk about because they make someone look bad, and tacit knowledge (knowledge that people have but aren’t able to articulate).

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Make Your Enemies Into Allies

Pointing out others’ mistakes rarely encourages them to change their behavior, and it certainly doesn’t help them learn anything. People aren’t driven by reason, but by emotion; so a public critique is far likelier to reflect poorly on you than it is to make them change their ways.

Abraham Lincoln was nearly forced into a duel for criticizing an opponent. His new policy became one of understanding what drove his opponents, accepting their shortcomings and going easy on the open criticism, eventually even turning some into friends. 

Be The Beacon Your People Need

Nelson Mandela was lauded as a courageous leader -- even when he was truly terrified. Like the time he astonished his bodyguard by calmly reading a newspaper while the plane he was flying on had engine failure.

Mandela himself, however, later confessed in private that he’d been truly terrified but refused to show it. Mandela knew that courage is a choice, and everyone can be courageous by learning to cope with your anxieties and fears every day. 

Recruit Remarkable Guides

Niccolò Machiavelli held that using advisors well begins with knowing one’s own weaknesses and selecting advisors to offset them. It’s also necessary to know how to solicit advice the right way.

For Machiavelli, that meant showing advisors he valued their honest opinion and would not punish them for giving it. But, at the end of the day, he was the one calling the shots.

Yoda - Star Wars

"Try not. Do- or do not. There is no try.

Yoda - Star Wars

President Snow - The Hunger Games

President Snow - The Hunger Games

"Hope. It is the only thing stronger than fear. A little hope is effective. A lot of hope is dangerous.

The Joker - The Dark Knight

The Joker - The Dark Knight

If you’re good at something, never do it for free.”