Monday, October 14, 2024

Other People's Money

Offshoring

I had not seen Other People’s Money before this and I have mixed feelings about it. I can respect the topics that it covers like offshoring and the responsibilities of a leader, its workers and community but on the other hand, seeing Danny Devito go after a woman sexually for a good portion was funny at some points but mostly disturbing. Even though this movie was exaggerated in some of those aspects, it would not surprise me if there were any CEOs or higher officials in organizations who acted similar to his character. 

In another class, we were discussing an AI company that had recently set up locations in parts of Africa for cheaper labor which caused an issue because the company was working with the US government. Due to the partnership with the US government, this meant that they also had to set up locations in the same parts of Africa to protect confidential data. This company came under fire by not only competing companies who recognized their cheap labor but their consumers who did not want to support their actions.

Leader's Responsibility

A leader has a responsibility to both their workers and their community because both will promote their business if they support them. The more effort that a leader puts into their workers, the more likely they are to find workers who put effort into their job. A leader at the same time can not just ignore their fiduciary duty to the shareholders so they must find a way to meet a balance between all of these duties. The best way that a leader can do this is by respecting all parties and having meetings to organize their time to be split between everyone while completing their duties.   

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