Is poor leadership costing your company?
Talk about any of the successful businesses of today’s time. And you will come to realize that all of them have one thing in common - a powerful leader. From Apple and SpaceX to Berkshire Hathaway and Virgin Group - all of them have amazing leaders!
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Apart from these examples, there are plethora of evidences that show how important it is to have a powerful leader to make a business successful. But at the same time, a weak leader or poor leadership could cost a business lot more than just a couple of failed projects.
In this article we are going to talk about some of those factors that reflect the traits of poor leadership. And in the later part of this post we are going to talk about what a business loses because of poor leadership.
How to identify poor leadership?
Here are some of the common traits you need to identify in order to figure out whether a team is being run by a weak or ineffective leader -
1. Losing out on projects
Deadlines getting blow out of proportion. Clients giving negative feedback. Projects getting failed more often than not. All these are some of the first signs reflecting that the team needs a better leader.
Such instances can be neglected, but only if they occur once in a blue moon. If you could see such circumstance arising every now and then, it is quite obvious neither the team nor the manager leading the team is learning from the mistakes. And that’s the first sign of poor leadership.
As they say, leadership is action not position. A sound leader must be capable of learning from the mistakes and empower the team to never repeat a mistake.
2. Short circuits within the team
A team is as good as its leader. Whether it is a sport, a corporate scenario or any other facet of life, success depends largely on the person leading the team. After all, they are the decision makers for the entire team.
Without strong leadership the chances of conflicts arising within the team increase manifolds. And it can lead to the fuse of team members getting short circuit because there are mismanaged priorities, wrongly assigned tasks and other adverse scenarios.
A bad leader can destroy good people. This is the reason why you need to have a strong leader, who can bring harmony within the team and with the way they perform for the organization as well.
3. People leaving
The biggest impact that poor leadership can have on a business is to make good people leave it. A business can be only as efficient as the people working for it. Poor leadership can easily destroy your powerful resources, giving them no other option than leaving your company.
And when this starts to happen, you can be certain that dooms day is not so far. After all, you cannot expect an empire to rise from the ashes in a battle when the soldiers are running out of the army.
A strong leader, on the other hand, won’t let such circumstance to arise in the first place. Even if they arise, he will have some tricks up his sleeve to never let these circumstance get blown out of proportion.
These are some of the early signs that reflect you need a stronger leadership for your team that can take your business to the next level. And if you don't bring in that change, you are surely going to lose lot more than you could ever imagine.
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Vartika Kashyap is a seasoned marketing professional who is an expert in digital marketing and entrepreneurship. She’s been featured among LinkedIn’s Top Voices for the year 2016. She currently runs the marketing team at ProofHub — a project management software for teams of all sizes. Connect with Vartika on LinkedIn, Medium and Twitter.
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Project Scientist (Geophysics)
7 年I totally agree with this article. One thing to mention is a business is a lot like a military force in that if information is not relayed properly up and down the command chain, proper decisions cannot be made. I've seen a lot of heads of companies have good intentions and ideas but ultimately be rendered ineffectual due to a lack of communication up the line about issues facing front line staff. Of course for staff, seeing a few people try and fail to enact changes through middle management ends up being a lesson for keeping your head down for others. A good leader does not sit in a boardroom all day long but gets out in the trenches and talks to the foot soldiers or else empowers battlefield decision making. Ultimately my view has always been that good management comes down to facilitating the work of others who are after all the professionals who know their job best. I am absolutely baffled by that they seem to teach in business school in regard to this. It all seems to be dogma and catch words they understand but no real practical skills. And the system perpetuates itself through other departments. Recruitment is often the worst because it again focuses more on dogma and catch words and often lacks input from the very departments it is trying to staff...
Formally Director of Operations at Intertractor America Corp
7 年To many company administrators fail recognize the lost of thier best talented leaders until it's too late. By that time they find its almost impossible to recover. You need to be able to look in the mirror and ask yourself, "what kind of leader am I?".
Learning Specialist at EY | Markets Learning Program Manager | GCSP Learning
7 年Jackie Roberts
Expertise in logistics, high-volume fulfillment, DC set up & design, and system integration and implementation
7 年Very true indeed!