Power has always been easier to recognize than to define. To many, it is simply the ability to get what you want, either through coercion or persuasion. Although that may be accurate, it isn’t very helpful, so strategists have long sought to come up with more operative definitions.In geopolitics, Ray S. Cline defined power as resources, such as population, territory and economic assets, multiplied by strategy and will. In business, Michael Porter described advantage as domination of the value chain in order to project power throughout an industry.
However you define it, power is important because it enables you to get things done. Whether you are a politician or an executive, you must seek power to achieve objectives. Yet power never stays constant, but has always been highly dependent on context and, in today’s world of rapidly shifting contexts, emerging sources of power are often the most potent.