Public Links Power Of The CEO Live Public Directory

The sources of power that the CEO of a large company a href=http://www.lpdl.com target=_blankFree Link directory/a typically has at her disposal are:br /
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1. Legitimate power: Based on a person holding a formal position. Others comply because they accept the changes as legitimate.br /
2. Reward Power: Based on the persons access to rewards. Others comply because they want the reward they can offer.br /
3. Coercive Power: Based on a persons ability to punish. They comply because they fear punishment.br /
4. Expert Power: Based on the persons expertise and competence. Others follow because they believe in there knowledge.br /
5. Referent Power: Based on a persons attractive nature. Others comply because they respect the leader.br /
Each one of these can be utilized to manage an organization successfully, however, if over utilized they can also be a hindrance. br /
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Legitimate Power would be the basis for most organization to show authority. Having legitimate power in an a href=http://www.lpdl.com target=_blankPublic Directory/a can give the employees a sense of structure and t the very least the idea of where to look for leadership. Persons of legitimate power usually retain this position by utilizing aspects of the other powers in the list. br /
By utilizing Reward Power to be an influential leader you can accomplish a couple of things. First you can obtain the others attention because what you are rewarding them is attractive to there needs. Second because of that the will work hard to gain that attractive reward. Finally by working harder, the company as a whole will prosper. br /
Coercive Power is always going to be included in a leader’s authority. The ability to punish others for failure or wrong doing helps to keep things in line. Its like the child that burns their hand on a stove. Once they do it, they realize it hurts and they won’t do it again. br /
All good leaders naturally need to be an expert at what they are involved in. Without the true knowledge and expertise of the business it would be very hard to have any one follow never mind lead the company in any direction. I think this is one of the more important ones. Without this the company spins into the ground.br /
Finally, having Referent Power is not always necessary, but can be very important. The shear ability to have people follow you based on just you is very rare. I think these types of people are the ones you could call born leaders. They have that certain something. You can’t actually put your finger on it, but you know they have it. One you have this, everything listed above this comes naturally or is absorbed very well. br /
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My recommendation in the use of these powers is to utilize them all. Each one used in moderation or at the right time will help to shape your company. A top executive can also utilize four other powers that they may have at their disposal. These are the distribution of resources, the control of decision criteria, centrality in organization and access to all levels of the organization.br /
As a result of all this power, unfortunately top executives, in most cases, are not held responsible for there actions.br /
Technology plays a key role in helping any ethical dilemma by keeping things organized and holding the companies responsible for their actions. An example would be in the accounting. Any changes made to the accounting database can be audited. This is because auditors have the ability to actually go beyond what is visible in the computers, and actually check to see if things have been fraudulently modified. By applying this knowledge and the fear of being caught, you can hold the company to an ethical standard. br /