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Political contexts of business and management (Political astuteness…
Political contexts of business and management
All context need to be taken into account for long-term success
Three concepts of politics
Polis (institutions)
politics should be understood as a public space of and for citizents ( government)
Values and interest
politics concern competing values and interest
Power
ability to influence or control behaviour of people
Two perspectives
Societal perspective
political context existing in the world
Europe, a country, region, city...
Organisational perspective
political context existing inside one orgnisation
a department, office, business environment...
Political game
concrete mechanism through which people/organisation structure their power relations and regulate them
Example,an organisation building a partnership with another one to reach a common aim
Political analysis
disaggregating key players of specific political context
identifying how they influence goal
develop stategies to interact with them
Stakeholder anaysis
identify reveland stakeholders, their interest
clarify their view of organisation
identify key strategies issues
identify coalitions of support & interest of them
2 types fo analysis
stakeholder power vs intersest
Power
High
Keep satidfied & Key players
Low
Minimal effort & Keep informed
interest
High
Key players & Keep informed
Low
Keep sadisfied & Minimal effort
classifying stakeholders according to power, legitimacy and urgency of their claim
Political astuteness
Personal skills
ability of listening to others & being curious
Interpersonal skills
ability to influence other behaviours & negotiate
Reading people & sistuationd
ability to read people/situations & use knowledge of institutions, people/ processes social
Building alignment & alliences
ability to make the right analysis of political context & move
Strategic direction & scanning
ability to develop vision & strategic direction for future & different scenarios