November 1993
Intermediate to advanced
400 pages
10h 46m
English
Content preview from Managing With Power
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8
The Importance of Being in the Right Unit
In Salomon Brothers in the 1980s, being in equities put you at a disadvantage compared to being in bonds:
With the rise of the bond markets, the equity salesmen and traders had been reduced by comparison to small-time toll takers. They made a bit of money and had a few laughs, but not nearly so many as the bond men. . . . An investor could buy shares in IBM from Salomon, but he could equally well buy them from forty other stockbrokers. . . . Salomon was nearly a monopolist in certain bond markets.1
This example illustrates the fundamental point that one source of an individual’s power is the subunit or organization of which he or she is a member. Not all individuals are equally influential in organizations, ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.