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politics of business and management (analysing the political context…
politics of business and management
politics
game
power
interests
value
consensus building
political context
perspectives
societal
organisational
all contexts habour some political games
how people or org's structure ad regulate power
e.g
formation of partnerships between two org's to reach common goal
informal or formal coalitions within org's
important skill
effective political engagement
understanding political context
analysing the political context
process (Yaffe & Chadwick, 2004)
disaggregating key players
identify how they influence goal progression
develop strategies to interact with them to achieve goals
understanding main actors & the interests, values, and power dynamics
tools
stakeholder analysis
those affected or can affect the achievement of an objective (Freeman, 1984)
compliance with all legitimate interests
internally & externally
stakeholders can have big impact on organisations activities
important to understand who they and their characteristics
analyse & categorize them according to relevant variables
identify key strategic issues
identify coalitions of support & interest
dynamic activity
evolves over time
changing events
form coalitions ore create among themselves
model - Johnsons et al. matrix (2008) p.38
maps power against interests
high/ high
high priority requiring most attention & care of relationship
high power/ low interest
critical
keep satisfied by managing carefully
low/low
monitored to keep aware of changes over time
low power/ high interest
keep informed, useful resource
identification drives strategy & actions
reviewed regularly as power & interests shift over time
managing the political context
political astuteness skills essential for long term success
using skills in diverse or competing interests to align interests to achieve outcomes
political astuteness
1. personal skills
self awareness
self control
actively listen
proactive
2. interpersonal skills
soft skills
influencing
tough skills
cope with pressures
negotiation
conflict resolution
3. reading people & situations
analysing & understanding dynamics in power and interests
comprehensive knowledge of situations and, institutions and people
4. Building alliances & alignment
understand & inclusive of differences and needs
right analysis & right move
proactively seek alliances & partnerships
develop consensus
5. strategic direction & scanning
long term strategic thinking with road map
vision
environment scanning
forecasting
uncertainties
SWOT