He stated that “the presidential power is the ability to influence the people who make and implement government policies” (Besanko et al., 2016, pp. 462). It is the power or ability to achieve his or her target objective through persuasion. According to Nelson, “the power to persuade is the power to bargain—to trade favors or the promise of favors” (2010, para. 7). In comparison, a good CEO should praise the work of their managers, the staff, the board this aids in gaining and maintaining their confidence and trust. When a CEO can establish the trust and confidence of the staff, they are able to bargain and persuade towards his …show more content…
Neustadt’s believe that the president should be willing to use and count on the support from various areas based on his personal and professional reputation. Besanko, Dranove, Shanley and Schaefer further explain that “this is related to the ability to control the votes of Congress on key issues” (2016, pp. 462). The president should be able to rely on support from majority of lawmakers, be able to relate with his party and present his ideas with little to no repercussion. However, inability to achieve this will result into loss of authority and power. Like Nelson’s stated the president should avoid being “lonely fighter against all others” (2010, para. 9). The CEO must acquire skills and reputation in the field of his or her operation. Chief executives who have the expertise strengthen their position within their organizations through respect from managers and employees. Furthermore, the action of the CEO in a situation will assure the firm the ability to control the power. He does not want to be the “lonely fighter”, he or she should be able to convince the boards and managers to implement strategy that will fulfill the need and growth of the