The emphasis in this chapter is on the interplay between power, influence, and negotiation strategies. Min Li and Julie Sadler define power as the potential to influence others and regard influence as power in action. They review power from a broad perspective an overview of the research on various sources of power, integrate different frameworks of power sources, and apply them to negotiation situations. In light of the prevalence of uneven distribution of power, the authors illustrate the effects of power imbalance on the negotiations process and outcomes, and emphasize the importance of assessing one’s relative power in negotiations. They conclude the chapter by providing practical advice as to how to effectively tackle various power imbalances, propose a linkage map depicting how certain power sources are more likely to relate to specific influence tactics, and demonstrate how power can be translated effectively into influence in different contexts, specifically national cultures.