Power
Power and influence normally reside in a company’s Board of Directors. The people who get to sit in the Board have the power to decide on the company’s present problems and future plans. However, it is also not unusual that specific members of the Board hold more power and exhibit more influence due to their positions in operating and running the business/company.
In the case of Rural Bank of Galvez, it appears that three members exude more power and influence over the other four members. Using the Model of Power and Influence, the sources of personal power and position power of these members can be analyzed:
a. Miguel Zarate – Chairman of the Board
The Chairman’s source of personal power could come (but not solely) from personal attraction and legitimacy. If he was elected to be the chairman of the Board, then he must have exhibited a sense of leadership, inspiration, and vision. Such positive attributes attract support and harmony. Since this person exhibits......
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Approximate Word Count: 687
Approximate Pages: 3 (250 words per double-spaced page)
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