Power Tactics and Sources of Power Assignment Example | Topics and Well Written Essays - 1000 words

Power Tactics and Sources of Power - Assignment Example Charles was trained to take over from the father since childhood, and he portrayed traits of a great Chief Executive. The training through life involved strict and sometimes harsh treatment from his father that hardened him. Their mother, Mary somewhat protected Bill and David, who were twins. David was athletic and competitive and grew up to be the perfect business partner for Charles. Bill, on the other hand, was the jealous type, always picking fights with David since childhood and often losing. He grew up to be a threat to Charles’s peace, taking Koch industries through strenuous legal proceedings. The brothers owned percentages of Koch industries, each with his shares (Schulman, 2014). Both Charles and Bill Koch had power in Koch Industries. Charles’ sources of power included reward power whereby he was handed the mantle of CEO by his father having been trained since childhood. The father had earlier lost hope in his eldest son Frederick, who was mostly involved in art and theater. Charles also had legitimate power in Koch Industries being the legal CEO. Therefore, he was in charge of many key decisions made within the company and also directed management of funds regardless of how happy or angry others would be with the cash distribution. Charles was well educated in terms of business and market and therefore had expert power which saw him, together with the help of other business partners, grow Koch Industries. Bill’s sources of power included the coercive power that he gained by threatening Charles to make Koch Industries public if he did not meet his demands. These threats were tabled to Charles in writing and got him shaken for some time. Bill always wanted liquidity of assets so that he could benefit from the riches he only had in paper. He even tried to convince Frederick, who had lesser shares in the company to join his course. Bill also had legitimate power in that he owned slightly over twenty