INFLUENCE TACTICS AND SOURCES OF POWER
Koch Industries is one of the most profitable privately held corporations in the country. In spite of being owned primarily by four brothers, it has not been immune from intense internal power plays and intrigue. A decades-long dispute between CEO Charles Koch and his younger brother Bill Koch led first to an internal battle for control of the company and ended with a lawsuit between the brothers.
Carefully review the background materials regarding sources of power within an organization and influence tactics. Examples of sources of power include reward power, coercive power, legitimate power, and expert power. Examples of influence tactics include forming coalitions, pressure, and exchanging favors. Make sure to understand the main power sources and influence tactics and know the vocabulary and definitions from the background materials before starting the assignment.
The epic battle between two of the Koch brothers tested the limits of both of their power bases within Koch Industries. Both used multiple tactics before Charles Koch ultimately secured his position of almost unrivaled power within the corporation. Do some research about this power struggle using the Trident Online Library and online news sources. Here are some articles to get you started:
Schulman, D. (2014, Jul). Koch vs. Koch. Mother Jones, 39, 16–27,64,2
Tomsho, R. (1989, Aug 09). Blood feud: Koch family is roiled by sibling squabbling over its oil empire: Fired by his brother, William sues often, helps feds to probe Koch Industries, haling mother into court. Wall Street Journal [ProQuest]
Once you have finished your research, write a 4- to 5-page paper addressing the following issues. Make sure to cite at least 3 of the required background readings in addition to articles about the Koch brothers in your paper:
1. What were Charles and Bill Koch’s sources of power within Koch Industries? Did they have reward power, coercive power, legitimate power, or expert power? Any other sources of power? Refer to Bauer and Erdogan (2012) or Luthans et al. (2015) in your answer, as you should demonstrate a solid understanding of these readings as part of your answer.
2. What influence tactics did each of them use in their battle for control? Refer to Bauer and Erdogan (2012) or Luthans et al. (2015) in your answer.
3. Ultimately what do you think led to Charles Koch’s victory in this battle, and what do you think are the most important lessons on organizational power that you learned from reading about this power struggle?
· Case Assignments are to be prepared in Microsoft Word and should be 4 to 5 pages in length, in addition to a cover page (course name and number, module number, session name, student name, and date prepared) and a reference list. The paper should be double-spaced, using 12 pt. type in the Times New Roman font. It should consist of a 2- or 3-sentence introduction, a body, and a 2- or 3-sentence conclusion and use Trident University International’s cover page. The reference list page must be in APA format.
· Assignment content should include a brief introduction to the assignment, background information about the organization being studied, and discussion in terms of the concepts or theories being applied in the assignment.
· Use headings and subheadings to improve presentation values.
· Include both a References page and in-text citations. Attention is to be given to citing sources of information in-text as well as in the References page at the end of the paper
Analyzing the sources of business influence is an essential step toward developing your own. The more you understand how influence works, the better equipped you’ll be to create it yourself, and the more likely you are to succeed in the fast-paced world of business. Here are some tactics for strengthening your own personal power:
There are many ways to influence people. The most effective way is through their emotions. If someone has a strong emotional attachment to something, they will be more likely to listen and do what you ask them.
For example, if I wanted my friend Kelly’s husband Kevin not only to buy me dinner but also pay for it (which he did), then all I had to do was offer him some money in exchange for some time with Kelly tonight at her place of residence–and believe me when I tell you that this tactic worked!
1. INFLUENCE HELPS YOU LAUNCH A SELF-REALIZED MENTALITY
As we learned in the last section, the more influential you are, the easier it is for you to achieve your goals and get things done. This means that if you want to achieve something in your life–whether it’s getting an MBA or writing a book–influence can help launch your self-realized mentality and give you the power to do so.
The second type of influence is social cognition. This refers to the awareness, understanding and ability to recognize that others have different opinions than you do.
It’s important to note that social cognition isn’t something that occurs automatically; it requires active effort by individuals who want to improve their ability to understand what other people are thinking or feeling. This can help them better connect with others in a positive way and make informed decisions when making choices on behalf of themselves or others around them (which is an important aspect of influence).
Influence brings you the recognition and acclaim you deserve.
Influence helps you get your ideas across to others.
Influence helps build relationships with people who can help your career or business in some way.
Influence is the key to business success. It’s also the key to personal and social relationships, which makes it an important part of your life.
Influence has been studied by psychologists and other researchers for decades, but what does it really mean? Here are some examples:
I hope you’ve enjoyed this little read and found it helpful. If so, do share with a friend who might benefit from it!
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
Ace Writing Center has stood as the world’s leading custom essay writing services providers. Once you enter all the details in the order form under the place order button, the rest is up to us.
At Ace Writing Center, Nowadays, students normally have extremely busy schedules. You will note that some of them have to take on some evening or weekend jobs in order to get some income that can help them to sustain in college or in the university. This can deny them a chance to write all the essays given. Others usually get bombarded with a lot of work by their lecturers. This can still delay such students from working on all their essays. However, some of them usually try to work on all these essays but end up delivering their work late. This can prevent them from graduating since most lecturers are strict on deadlines. If you want to write a business essay, the wise way is to hire an outstanding essay writing service like us, so that you can get the best results. If you are keen, you will note that many companies usually overcharge their customers. Some of them are there only to make money. And in reality, they really don’t care to build a long term commitment with students. You should not choose such companies. You should take your time and choose a reliable company to work with. Ace Writing Center is the ultimate solution for you. We have been offering our writing service for more than 7 years. This is a clear indication that you will get quality essay writing service. We have a wide range of writers who can work on any business essay that you might have. We believe in doing extensive research so that we can provide quality work to all our clients. .
Admission and Business Papers
Have you ever had to write an admission essay for college? The majority of students face the same issues when applying to a university or college and many in such situations decide they need professional help to cope with this matter. They get in a situation when the deadline keeps coming closer but lack motivation to start because they are just not sure if their writing skills are strong enough. We have a solution for you! Ace Writing Center is the best admission essay writing service with a large professional team and years of experience in providing high-quality papers to students of all levels and faculties. The mission of our team is to help students make their dreams of entering a good college come true and that’s what we offer!.
Editing and Proofreading
Sometimes all the words for your paper just flow out of your mind and into your fingers. You type quickly at your keyboard and there they are, your beautiful words right there on the screen. But you have no idea how to polish it up. You may be wishing there was a paper writing service that offered this type of writing service. Look no more! Here at Ace Writing Center, we offer you an editing and proofreading option that you can't find anywhere else..
College Essay Writing
In case you are familiar Ace Writing Center, you know the way to distinguish a better company from a cheap one exactly. First of all, poor service website does not have a sufficient support. We think support team is an essential part of success; it has to answer all clients’ questions and be a connecting link between clients and their writers. On our web-service you will get answers about anything you need and your writer will receive all your instructions, assignments and requirements exactly and swiftly. A writing service that we run has got a flexible pricing system that will save you from senseless wastes and many bonus systems that let you sparing money for something important for you.