Project Management

Power works according to the laws of economics

From the An Influential Project Manager Blog
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Today, more than ever, a project manager needs to be an influencer. The purpose of this blog is to stimulate your journey towards greater influence. With influence, you can overcome the roadblocks thrown in your way, overcome opposition, align stakeholders and, enjoy your role even more. However, since I know you are busy, the posts here will be short (about a minute), thought provoking and also drive you towards action. Feel free to connect with me, ask me questions, and share what's good here.

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If you want to learn how power works, think of it in terms of tradable assets. For example, oil.

What is the current price of a barrel of oil? That depends on many factors, mainly the actual or anticipated levels of supply and demand. If producers increase their production, the price of oil will likely fall. As the use of alternative energy sources climbs, the price of oil will decline. Unrest in the oil producing countries can interrupt supply, so the price is probably going to head up.

What is valuable in your organisation? What do people want or want to avoid? Budgets, human resources and technical expertise are obvious examples. If everyone needs to know how to use a particular process, and you're the only one who knows how to use it, they will form a queue outside your door, and you can favour those who are offering the most in return.

So, if you want to become more powerful, and hence, influential, seek out sources of power that have value – in the place where you wish to be powerful.


Posted on: January 24, 2017 11:59 PM | Permalink

Comments (3)

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Anupam India
Thanks Colin

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Chandrashekhar Thatte Pune, Maharashtra, India
Power ,beside Law of Economics,works according to the capacity of the beholder.It also works as per the will of the beholder.If there is no will or drive having power is meaningless.That differentiates between a capable/influential Project Manager and a Qualified Project Manager.
Hope this helps !

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Colin Gautrey Author, Executive Coach and Trainer| The Gautrey Group United Kingdom
@chandrashekhar - quite often I coach people that if they have power, they should use it (for good of course). If they don't use it, they likely lose it, especially because people lose respect for them and believe they will not use it so what's the point!

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