Organizational behavior can best be related to the famous movie called “Wolf of the Wall Street” released in 2013. Jordan Belfort used to work as Wall Street Stockbroker. He was employed under Mark Hanna, who taught him how to apply new business ideas and gain profits communicating with the investors and other stakeholders. However, Mark Hanna used to grow a principle that major role of stockbroker is to earn money for himself and he influenced Jordan to apply this policy in life. Nevertheless, Jordan effectively developed his communication skills and pitching style. In the next plot of the movie, Jordan left the job in Wall Street under Mark Hanna and joined new firm at boiler room brokerage firm, where he is seen to convincing others about forming a new business. In addition, Jordan assured that he would bring profit to the organization. Thereafter, by taking the initiative, he used to convince the old people to invest in share and gain profit. Within short period, the new firm that is run by Jordan gained an enormous success. The major principle of Jordan leadership was to earn money without considering the needs and demands of the investors and other clients. With his tremendous communication skill, Jordan attracts the attention of people and convince them to invest on the business.
OB concepts applied to the items- While working in boiler room brokerage firm, the Jordan used to follow an open management style, where the employees are allowed to share issue with the leader. Jordan developed a fun-loving environment, where the employees were not tied with the rules and regulations. The employees are asked to invite people to invest money on the business. The organization did not build any business goals. The leader motivates employees to make fun in the workplace. On the contrary, the company did not maintain any business ethics as people were cheated. People are asked to invest money and they were assured that in turn the investors would receive a huge amount of money. However, the organization could not continue with such business ethics and practices. The organization was fired and the country’s government took serious actions against the founder of the company and ceased the operation of the company.
Figure 1: An image of open management style
The business must have transparency and code of conducts. While combining a business, the owner must think of the benefits of all who are involved in the business such as stakeholders and shareholders (Haslam et al., 2014). In addition, the leader of the organization should not grow such as attitude workplace where other employees could be influenced in doing illegal activities. The company needs to develop certain ethics and sustainability for the wellbeing of all. Lastly, it can be added that a business should be developed on certain aspects such as moral and values, ethics, regulations, transparency and profits of stakeholders. In order to take care of the stakeholders, the organization should clearly discuss the purpose of the business with the stakeholders (Gagne, Sharma & De Massis, 2014).
Arnulf, J.K., Larsen, K.R., Martinsen, L. and Bong, C.H., 2014. Predicting survey responses: How and why semantics shape survey statistics on organizational behaviour. PloS one, 9(9), p.e106361.
Gagne, M., Sharma, P., & De Massis, A. (2014). The study of organizational behaviour in family business. European Journal of Work and Organizational Psychology, 23(5), 643-656.
Hartel, C. E., Zerbe, W. J., & Ashkanasy, N. M. (2005). Organizational behaviour: An emotions perspective.
Haslam, S. A., van Knippenberg, D., Platow, M. J., & Ellemers, N. (Eds.). (2014). Social identity at work: Developing theory for organizational practice. Psychology Press.
To export a reference to this article please select a referencing stye below:
My Assignment Help. (2018). Organization Behavior Developing Theory For Organizational Practice. Retrieved from https://myassignmenthelp.com/free-samples/organization-behavior-developing-theory-for-organizational-practice.
"Organization Behavior Developing Theory For Organizational Practice." My Assignment Help, 2018, https://myassignmenthelp.com/free-samples/organization-behavior-developing-theory-for-organizational-practice.
My Assignment Help (2018) Organization Behavior Developing Theory For Organizational Practice [Online]. Available from: https://myassignmenthelp.com/free-samples/organization-behavior-developing-theory-for-organizational-practice
[Accessed 24 January 2020].
My Assignment Help. 'Organization Behavior Developing Theory For Organizational Practice' (My Assignment Help, 2018) <https://myassignmenthelp.com/free-samples/organization-behavior-developing-theory-for-organizational-practice> accessed 24 January 2020.
My Assignment Help. Organization Behavior Developing Theory For Organizational Practice [Internet]. My Assignment Help. 2018 [cited 24 January 2020]. Available from: https://myassignmenthelp.com/free-samples/organization-behavior-developing-theory-for-organizational-practice.
MyAssignmenthelp.com has become one of the leading assignment help provider in New York City and Boston. We provide top class auditing assignment help. Not only auditing, but we also cover more than 100 subjects and our writers deal with all types of assignments with utmost expertise. To make writing process faster and accurate, we have segmented our assignment experts' teams as per their expertise on writing different types of assignments. We guaranteed that students who buy our assignment online get solutions worth their investment.
Answer: Introduction The Hewlett-Packard Company which is commonly known as the HP is one of the biggest IT Company in the world. The organisation provides global services of many different kinds of products, solutions, technologies and services to customers and businesses. The organisation is having several offices all around the globe which takes care of the business . This paper provides information about one of the major office relocat...Read More
Answer: Introduction Organisations have seen a lot of changes in the operating environment of a business concern for more than half a century. Nowadays manufacturing concerns produce varieties of di products with globalization impacting most organisations . With the modernization of the manufacturing concerns, a new form of costing called activity based costing is steadily replacing traditional costing methods (Dale and Plunkett 2...Read More
Answer: Background of the study: Maria’s aquariums was originally founded and set up by Maria Picastore who was an aquarium and fish enthusiast and gradually with time, her hobby in fishes turned out to be a business when people started purchasing the exotic hybrid fishes that she used to produce. Gradually the business expanded and she started selling other aquarium supplies from the retial stores that she had started in Chatswood, Wollo...Read More
Answer: Introduction The Heating Company is responsible for the production of heating equipment for both the residential and the non-residential facilities. The proposed plans for the company are to develop new lines of gases and development of improvised central heating control (CHC) systems for both the residential and non-residential facilities. The core proposals for the central heating control systems are to model the functional specific...Read More
Answer: Mr Brown is a 32-year-old male who has been having Ulcerative Colitis for a period of 10 years. Following persistent bleeding of the large bowel, Mr Brown has been transfused with 4 units of whole blood. He has been having a lot of pain which necessitated for a high doses of Codeine Phosphate 30 mg. Mr Brown is on 80 mg of Prednisolone daily and 1000-2000 mg of Sulfasalazine 4 times in a day and ...Read More
Just share your requirements and get customized solutions on time.
Our writers make sure that all orders are submitted, prior to the deadline.
Using reliable plagiarism detection software, Turnitin.com.We only provide customized 100 percent original papers.
Feel free to contact our assignment writing services any time via phone, email or live chat.
Our writers can provide you professional writing assistance on any subject at any level.
Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.
Get all your documents checked for plagiarism or duplicacy with us.
Get different kinds of essays typed in minutes with clicks.
Calculate your semester grades and cumulative GPa with our GPA Calculator.
Balance any chemical equation in minutes just by entering the formula.
Calculate the number of words and number of pages of all your academic documents.
Our Mission Client Satisfaction
the assignment has not been answered the way I was expecting, it 1.1 it mention nothing about the Poor Law 1601, 1834 or anything about Public Health 1848. speak about poor living conditions and workhouses. e.t.c 2.1 does even meet the criteria too ...
The case study was professionally written with thought, very nice job............
I am very pleased with this assignment well done an organized and colorful will be having another assignment next week based off this assignment would love if that same person do the second assignment also well done.
Its very nice work and also on time submission. Genuine work by the writers and customer service is good