Power Why Some People Have It—And Others Don't: New Book
What this research implies is that people’s support for you will depend as much on whether or not you seem to be “winning” as on your charm or ability. When writer Gary Weiss profiled Timothy Geithner, who was then the up-and-coming president of the New York Federal Reserve, “some of the nation’s most prominent figures in government and finance—former Federal Reserve chairmen Paul Volcker and Alan Greenspan, as well as John Thain, then CEO of Merrill Lynch, and former New York Fed chief Gerald Corrigan— were only too happy to share fond anecdotes about this youthful public official.” But things changed in the fall of 2008, when Geithner became Obama’s secretary of the Treasury and ran into trouble as the financial meltdown unfolded: “When I approached them [these same prominent figures] again for this article, to get a word of defense of their beleaguered friend, the reaction was far different.”
Excerpted with permission from POWER: WHY SOME HAVE IT AND OTHERS DON'T by Jeffrey Pfeffer (Harper Business 2010). All rights reserved.
And for more information - Check out Pfeffer’s website at http://www.jeffreypfeffer.com/