Cultural Dimensions of Leadership
February 12, 2025
Years of research reveal that Emotional Intelligence is a critical component which distinguishes a high-performer from an average performer. Team members having high emotional intelligence contribute towards the development of high-performance organizations and successful systems. Research findings prove that emotional intelligence is twice as important as the IQ in predicting the performance outcomes and the […]
What are Telephone Etiquettes ? Telephone is an important device with the help of which people separated by distance can easily interact and exchange their ideas. Got a brilliant idea and want to convey it to your friend staying out of the country, use the telephone. Telephone is one of the easiest and cheapest modes […]
Public relations refers to the practice of enhancing an organization’s reputation and image in the minds of target audience through ethical means. Public Relations experts strive hard to maintain a cordial relation between the organization (key members) and stakeholders, investors, employees,partners and so on. It is the public relations manager’s key responsibility to ensure that […]
What is negotiation ? Negotiation is defined as a discussion among individuals, each one trying to present his best idea to come to a conclusion benefiting all. An individual gains nothing out of conflict and misunderstanding; instead it leads to stress and anxiety. It is always advisable to compromise to the best extent possible and […]
The Basel norms suggest that organizations assess their own credit risk internally. In order to do so, they are required to calculate the probability of default, exposure at default, and loss given default. The loss given default is the amount of money that is not recovered in the event of a default. Earlier financial statistical […]
Power has been an important aspect of human civilization since time immemorial. Power might be physical, political or social.
In the context of business as well, power dynamics tend to influence decisions and people transactions heavily. So defining power can be difficult as it is understood and interpreted in several ways however power can definitely not be called a force which gets you what you want.
Power basically emanates from position or authority which can influence people both positively and negatively.
For simplicity and understanding purposes power is usually classified into following categories:
So, power can be defined in a number of ways however what is important is the usage of the power by people who possess it. Within the organizational context the power dynamics and equations need to be carefully managed as they have a huge impact on the motivation and engagement level of employees. It also defines the organization’s culture in general and people transactions within the organization in particular.
A very hierarchy and power driven organization finds it difficult to accommodate new and innovative ideas, any change is vehemently refused, egos clash and lesser opportunities are made available for the high performers, thus delaying organizational growth. On the other hand, in an organization which is flat in structure, people are encouraged to innovate and explore, thus bringing in new concepts and ideas to accelerate organizational growth and expansion.
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