Once you’ve gained formal authority in the workplace, it makes you a power holder – but you now need to gain active recognition of that authority from colleagues to lead them effectively.
This is because you can have a formally designated base of power (such as a job title), but not have what is called status, which is other people’s recognition of that power and openness to your influence. (Think of a boss or colleague who had a significant hierarchical position but whom no one listened to – they were simply not influential.)
To avoid this scenario, ask yourself the following questions:
Â
Being able to exert influence and lead people effectively is as much about how you use your power as your job title. This means you need to cultivate respect from your reports and show restraint by being careful not to abuse them or the other resources that are now available to you, simply because you have formal authority over them. This is an ethical issue, but taking pains to exercise your power with due regard for others will enable you to lead them effectively and help cement your status – the true source of leadership.
Companies that excel in both digital and sustainable transformation attract a stock market premium – but how do you tap into that value? Here’s a five-step guide to outperforming your competitors. ...
Given the world’s many challenges, the ability to forge effective alliances across business, government, the non-profit sector, and academia has become essential to building durable solutions. Here are eight steps to guide...
Visionary composer Brian Eno uses “strange exercises” to help foster creative conditions for writing new music – exercises that can be readily adapted to innovate in business. ...
Gamification projects can result in very different outcomes, depending on which features are included – and which are left out. Here are five tips for success and two mistakes to avoid....
Explore first person business intelligence from top minds curated for a global executive audience