Essays on Strategic Development Processes Case Study

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The paper "Strategic Development Processes" Is a wonderful example of a Management Case Study. Margin Call is a movie showcasing the events of financial companies and other companies on the eve of the financial crisis that hit the world’ s economy in the years of 2007 and 2008. The movie tries to unmask the various decisions taken by investment companies that led to the crisis. The setting of the movie itself is in the fictional and highly embattled firm (representing various investment banks and companies in Wall Street) that are engaged in brutal activities of cruel layoffs.

This resulted in the companies realizing that their toxic assets would lead the firm(s) at any instant into an entire state of bankruptcy. After this information of impending bankruptcy, as reported by top-secret financial analyst referred to as Zachary Quinto, the top brass in the firm resorted to convening several meetings that ran throughout the days and nights to discuss some ruthless and desperate measures on how to protect their own wealth. One of the profound ruthless methods developed by the top brass to protect their wealth is the early sacking as observed in the movie.

Spacey is the main actor in the movie portrayed as a trading boss on the eve of the bankruptcy who discovers, though very late, that he possessed some degree of conscience (Margin Call, 2011). Although the movie was shot on location in NYC, most of the scenes were shot on the bank’ s trading floors and its boardrooms to represent the true picture of an operational bank. It is also worth noting that the cinematography and lighting of the movie were well developed so that it sets up the atmosphere and the good tone of the film.

The sets of the film are also well built to represent a typical banking environment.   Setting Stage for Management UnderUncertainities The entire film entails managing and making decisions under uncertain economic conditions where firms are faced with greater levels of financial risks. However, the film portrays such institutions as banks and its management as making wayward decisions that led to the financial crisis of 2007/2008. In its opening scene, the film begins with the firing of one of the seniormost men in the bank Eric Dale (Stanley Tucci).

After being fired, Eric Dale (Stanley Tucci) hands over his USB drive to Peter Sullivan (Zachary Quinto) who happens to be his fellow associate. On studying the contents of the drive, Peter Sullivan (Zachary Quinto) realizes the fact of the impending demise of their bank and ultimately, the entire Wall Street capitalism. This realization shocks the entire bank crews and eventually catches the attention of the bank’ s CEO John Tuld (Jeremy Irons) who arrives late at night by landing on the bank’ s roof.

Thereafter, at 3:00 AM meeting is convened to discuss the bank’ s way forward and issues such as who was the responsible individual behind the disaster, its cause, and other issues discussed in the boardroom meeting. This sets the stage for management decisions that resulted in more havoc on the financial sector. As a matter of fact, the meeting concludes with sentimentalities such as “ the situation is not impressing at all and we make lots of money” (Margin Call, 2011).

Reference

List

Elio, I. & Massimiliano, B. (2010). Global financial crisis: causes and perspectives, EuroMed

Journal of Business, 5(3), pp. 279 - 297

Martin, K. & Rahul, B. (2011). Strategic development processes during economic and financial

crisis, Management Decision, 49(8), pp. 1343 - 1353

Margin Call. (2011). The Margin Call Movie. Retrieved 5, April, 2013 from:

http://margincallmovie.com/

Michael, R. (2002). Leapfrogging the variance: The financial management of extreme-event

risk, International Finance Review, issue 3, pp. 39 – 58

Peter, P. (2010). Knowledge risk management: a framework. Journal of Knowledge

Management, 14(3), pp. 464 - 485

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