Power is as power does, or the fact of power is the act of power.
Just a reminder. In the fable of the emperor’s new clothes, what is important to understand is not that an emperor can be highly delusional. The real lesson directs your attention to the ease with which those around him facilitate his delusion. This is an insidious condition that creeps in silently like a fog that soon envelops everyone. It takes a child-like innocence of perspective to see through it. Regrettably, child-like innocence is rarely encouraged in organizations.
Power is in the ability to allocate resources. A successful business person must excel at accumulating and centralizing the power of resource allocation.
Business power stems from centralized control by a few. Representative democratic power is granted by voters. What is behind the fascination with setting up a businessman in a legislative or executive power position? Business is inherently non-democratic.
Lamentations on Chemistry 
This was a very interesting one, gaussling. Especially the second to last sentence. Did we observe more skilled and effective use of power when Ike was president? Just to name an example of someone with a different skill set. It was before my time, I don’t know.