Power

Power in the context of industries refers to the capacity to drive machinery, processes, and operations essential for production and services. It encompasses both physical power, derived from energy sources like electricity, fossil fuels, and renewables, and organizational power, which includes control over resources, decision-making, and market influence.

Industries rely on power for manufacturing, transportation, communication, and various other functions. The availability and reliability of power are crucial for maintaining efficiency, productivity, and competitiveness. Organizational power within industries is held by stakeholders, such as executives, managers, and investors, who make strategic decisions impacting the direction and success of the business.