Thursday, March 22, 2007

The Board

I write this as I sit unobtrusively in the back of a big bang board meeting of a large company. The board is grilling the management team about their plans going forward. There is discussion around tactics, issues, finances etc. etc. However, all this does not imply anything to me.

What is really exciting about this meeting is POWER. The board has power (and responsibilty, of course) and is using it (judiciously and otherwise). The management team is edgy and jumping to answer questions - doing it rather well, actually. However, there is no doubt about where the power lies.

I seem to keep coming back to this point again and again - and maybe I'm wrong - for true power, you need to be an owner, and not a manager. The game we are all in will give us differing rewards - some will strike it big - CEOs / VPs / Directors etc etc - and some will not strike it so big. But at the end of the day, we will all depend on someone to hand out the prizes.

Is this the best game to be in? Or would a high-stakes, all or nothing kind of game, where you hand out the prizes at the end of the show be better?

Depends on the individual, really. But for me, the thought is sorely tempting!!

9 comments:

Anonymous said...

From one of the souls who were batting and defending...and was amused to see you calmly pecking away.

Power is a state of the mind., Rewards are best and most effctive as self rewards. As long as this power balance is with self, here is not too much reason to be feeling jumpy of unhappy! Or feeling weak that the controls of your mind are in some one elses hands...

Bland Spice said...

Good Vishesh... who are these guys you're talking to these days... power, reward, self, control - yeh khichdi kaise hazam karte ho?

Alam said...

Nice thought dude .... let me be a little selfish here and hope that you get to distribute the prize at so many places that you ask some of your friends(me included) to do the job for you :-)

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