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Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar

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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

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Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction will soon be unlocked because someone needs to build new AI centers

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Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar

2

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

3

Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction will soon be unlocked because someone needs to build new AI centers

Why aren’t you more powerful?

By
December 1, 2010, 5:00 PM ET
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Despite evidence to the contrary, most of us persist in the delusion that smarts and hard work will eventually be rewarded because we buy in to what psychologists call the “just-world hypothesis” — the belief, conscious or not, that life is fair.

There you are, working away at your job, turning in consistently great work. One of these days, the people above you are bound to notice your talent and dedication and promote you to the lofty position you deserve. Right?

Good luck with that.

As Jeffrey Pfeffer, a professor at Stanford’s graduate business school, points out in his latest book Power: Why Some People Have It and Others Don’t, decades of exhaustive research show little connection between performance and power.

That notion will hardly shock anyone who has ever watched a less-qualified colleague’s career take off like a rocket. Yet most of us persist in the delusion that smarts and hard work will eventually be rewarded because we buy in to what psychologists call the “just-world hypothesis” — the belief, conscious or not, that life is fair.

Instead, Pfeffer contends, peons who aspire to power have to step away from the grindstone and cultivate, or acquire, the traits shared by powerful people, including ambition, confidence, and persistence.

One crucial skill on the path to power is “the ability to tolerate conflict,” Pfeffer adds, noting that most of us are so averse to confrontation that we back down rather than standing up for our views. The powerful, as you may have noticed, are far less shy.

They’re also expert politicians. Like a modern Machiavelli, Pfeffer coolly examines “the strategy of flattery” as a way of gaining influence, especially with those more powerful, and tells why you should use it to make higher-ups “think well of you because you make them feel good about themselves.”

None of Pfeffer’s prescriptions is easy and, once you’ve fought and flattered your way to the top, staying there takes “long hours and lots of energy,” he observes. In his chapter on how people lose power, he notes, “People get tired.” As many an ousted CEO has learned the hard way, knowing when to let go and step down gracefully may be the trickiest power play of all.

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