All language subtitles for PMGT 840 - Assignment #2 - Personal (2)

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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:01,420 --> 00:00:02,420 Hello everyone. 2 00:00:02,740 --> 00:00:07,120 Welcome to my presentation regarding the personal versus positional power. 3 00:00:08,380 --> 00:00:10,160 First, let's see what's the agenda. 4 00:00:10,700 --> 00:00:14,640 It's about the comparison between positional power and personal power. 5 00:00:15,020 --> 00:00:19,120 And next, we'll see about the most utility in leading projects. 6 00:00:19,540 --> 00:00:22,340 And third, how we can improve personal power. 7 00:00:22,560 --> 00:00:26,580 So these three will be the topics we'll discuss in this presentation today. 8 00:00:29,230 --> 00:00:32,990 First, comparison between positional power and personal power. 9 00:00:33,530 --> 00:00:38,870 In project management, both positional power and personal power are equally 10 00:00:38,870 --> 00:00:44,110 important. They have their unique ways of approach and also have the 11 00:00:44,110 --> 00:00:51,110 impact on the team dynamics as well as it influences the 12 00:00:51,110 --> 00:00:52,110 project outcomes. 13 00:00:55,020 --> 00:01:00,660 First, talking about positional power, it is more about the power gained due to 14 00:01:00,660 --> 00:01:04,940 the designation or formal role within an organization which gives us the 15 00:01:04,940 --> 00:01:10,940 authority to delegate tasks or kind of take decisions and all of that. 16 00:01:13,470 --> 00:01:19,970 kind of have several subdivisions of power such as the legitimate power which 17 00:01:19,970 --> 00:01:26,250 technically a role such as a program manager or a project manager where we 18 00:01:26,250 --> 00:01:32,350 given the authority by a position in a workplace so we have the right to 19 00:01:32,350 --> 00:01:38,330 delegate tasks and kind of guide people how to approach it And then there's 20 00:01:38,330 --> 00:01:41,830 course of power, which is usually the legal team or upper management. 21 00:01:42,050 --> 00:01:47,930 And they have the power to set the rules and kind of see where the legal 22 00:01:47,930 --> 00:01:48,930 actions. 23 00:01:49,480 --> 00:01:55,160 can be taken and how a person has to perform or any setting any rules and 24 00:01:55,160 --> 00:01:59,280 regulations policies all come under this and then there is this reward power 25 00:01:59,280 --> 00:02:05,100 which typically is the power to provide rewards such as gifts incentives or the 26 00:02:05,100 --> 00:02:07,060 ability to recognize anybody's work 27 00:02:09,259 --> 00:02:13,380 Let's see what are the strengths and weaknesses of this positional power. 28 00:02:13,680 --> 00:02:17,060 The strengths typically include the authority to make decisions. 29 00:02:17,720 --> 00:02:22,380 It helps to create policies or deadlines, as we discussed in the 30 00:02:22,600 --> 00:02:26,880 It is also useful for managing teams and external stakeholders. 31 00:02:27,880 --> 00:02:31,780 These are all the positives about it. And then let's see the weaknesses, which 32 00:02:31,780 --> 00:02:33,260 includes compliance issues. 33 00:02:34,880 --> 00:02:41,080 overused or kind of misused it can create resistance within the team and 34 00:02:41,080 --> 00:02:47,820 based on the authoritative powers we have it's more about 35 00:02:47,820 --> 00:02:52,860 taking decisions from the organization's perspective and typically following the 36 00:02:52,860 --> 00:02:59,780 policies and rules more than individual values moving on to personal power uh it 37 00:02:59,780 --> 00:03:04,340 is more about the individual's values quality and influence more than the 38 00:03:04,340 --> 00:03:08,320 designation and it is about being respected or admiration for one's 39 00:03:08,320 --> 00:03:13,380 which comes out due to pure admiration or influence rather than just a 40 00:03:13,380 --> 00:03:18,220 designated power let's see the strength of this it develops a strong team 41 00:03:18,220 --> 00:03:19,220 bonding and trust 42 00:03:19,880 --> 00:03:24,860 Among all team members, it helps with the more open collaboration and also 43 00:03:24,860 --> 00:03:25,860 creates innovation. 44 00:03:26,500 --> 00:03:30,460 It usually works in a less formal setting, such as agile projects. 45 00:03:31,580 --> 00:03:36,140 And then talking about the weaknesses, it takes time to build because it's more 46 00:03:36,140 --> 00:03:40,980 about the personal values. So it's about eventually bonding with the team and 47 00:03:40,980 --> 00:03:43,600 then gaining trust, credibility and all of that. 48 00:03:44,040 --> 00:03:46,280 It relies more on interpersonal connections. 49 00:03:47,370 --> 00:03:48,370 and credibility. 50 00:03:49,230 --> 00:03:51,110 So it is less formal typically. 51 00:03:51,430 --> 00:03:55,990 And also it can be less effective if the person or the project manager or 52 00:03:55,990 --> 00:04:01,210 anybody who is in the stature of a leader and then he lacks certain core 53 00:04:01,210 --> 00:04:06,510 such as integrity and then it becomes weaker within the team at that case. 54 00:04:08,290 --> 00:04:13,410 Moving on to what's very useful about project leadership. 55 00:04:14,320 --> 00:04:18,980 when it comes to these two types of power. I think both of them are 56 00:04:18,980 --> 00:04:24,780 valuable, but personal power is usually considered more valuable and utility 57 00:04:24,780 --> 00:04:29,080 -wise in leading projects because in a modern setting, such as cross 58 00:04:29,080 --> 00:04:34,720 -functional, agile, or matrix projects, teams usually get influenced by leaders 59 00:04:34,720 --> 00:04:38,060 they respect and admire more than just authoritative power. 60 00:04:41,120 --> 00:04:47,190 Finally, three ways to improve personal power first it's all about gaining 61 00:04:47,190 --> 00:04:51,890 expertise kind of staying technically sound being updated in our area of 62 00:04:51,890 --> 00:04:57,810 expertise and learning the latest project management tools methodology 63 00:04:57,810 --> 00:05:03,730 agile pmp related uh updations as um we kind of 64 00:05:03,730 --> 00:05:10,520 get updated with ai and all these other upcoming tools uh the so Typically, it 65 00:05:10,520 --> 00:05:14,480 is like the more competent we are, the more credible our value is. 66 00:05:15,760 --> 00:05:18,020 Second, it's all about building relationships. 67 00:05:18,320 --> 00:05:23,280 So if we focus on understanding and bonding with our team by spending more 68 00:05:23,280 --> 00:05:28,600 listening proactively, showcasing some empathy and being friendly with them, 69 00:05:28,720 --> 00:05:34,420 we'll eventually create strong relationships, even though it takes 70 00:05:34,420 --> 00:05:36,460 will develop referent power. 71 00:05:37,200 --> 00:05:43,440 And finally, being consistent and improving reliability definitely helps, 72 00:05:43,440 --> 00:05:48,680 as honoring commitments, transparent and clear in communication by acting with 73 00:05:48,680 --> 00:05:53,180 integrity. Usually people get influenced to leaders who are very approachable, 74 00:05:53,200 --> 00:05:54,940 neutral and. 75 00:05:56,320 --> 00:05:57,540 are motivating. 76 00:05:57,800 --> 00:06:03,520 So I think personal power has its own values along with authoritative power. 77 00:06:04,320 --> 00:06:10,720 But then personal power, if used in the right way, it can lead us to 78 00:06:10,720 --> 00:06:17,380 more interpersonal bonding, creating wonderful deliverables for the team, for 79 00:06:17,380 --> 00:06:23,900 the project. And also it will improve us as a person and as a project leader for 80 00:06:23,900 --> 00:06:25,000 sure. Thank you. 7683

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