I used this recently with a group of managers as part of a workshop on positive and appreciative leadership. It is an effective way into the virtuous practices aspect of flourishing organizations and into the topic of authentic leadership. It could just as well be used as an exercise in individual executive coaching or development
One might have thought that the expression of gratitude was for the benefit of the recipient, to feel acknowledged and affirmed in their generous act: possibly so. However the experience of gratitude also brings great benefit to the donor, and some of those benefits can be seen to act as an inoculation against the dangerous seductions of privilege, power and position.