Monday, September 20, 2010

Types of power

1. ‘Charismatic‘ power. Some individuals have tremendous charisma and are able to build up personality cults.

2. Legitimate power is based on people having positions within a structured framework.

3. Expert power is based on the specialized knowledge possessed by certain individuals.

4. Political power stems from being supported by a group.

Leadership involves striking the right balance between these four sources of power, and using them when appropriate.

Leadership
Jason Jennings, in 'Hit the Ground Running' talks about the secrets of winning CEOs. The book has 10 'rules' for successful leaders, a few of which are listed:
Practice the golden rule in everything you do - you will reap exactly what you sow
Gain the belief of everyone around you instead of demanding of expecting respect.
Ask everyone around for help; don’t pretend to have all the answers or the plan.
Cultivate a fierce sense of urgency in everyone because either things aren’t going well and you need to fix them fast or things are going well but the world (and your circumstances) are going to change and you need to be ready.
The last point is for me. I need to develop this. Change is the only constant thing in world. And lack of sense of urgency in changing or completing things leaves you behind the rest of world. Think!

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