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The way I see it, speaking as a complete outsider looking in, the president has very little power to make change that flies against the wishes of corporate players, but some power to act if what they hope to achieve is aligned with corporate wishes. Overall, I get the distinct impression that the office of the president is powerless to do much good, but fully able to cause an almighty fuck-up on the world stage.
At best a president may seek to achieve,or may achieve, some amelioration of the worst effects of the corporate stranglehold on american life, and at worst may deepen that hold and/or further mire the country in expensive and damaging conflicts.
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